Funding Rounds

Kalepa hits $470m valuation with $75m Series B

Kalepa hits $470m valuation with $75m Series B

Kalepa has raised $75m in a Series B funding round to expand its artificial intelligence platform for insurers, as the New York-based InsurTech looks...
CoverGo lands $6m as AI-native InsurTech hits breakeven

CoverGo lands $6m as AI-native InsurTech hits breakeven

CoverGo, an AI-native platform serving the insurance industry, has secured $6m from the first close of its Series B1 round as it aims to...
Avante raises $30m to expand AI benefits technology

Avante raises $30m to expand AI benefits technology

Employee benefits technology provider Avante has raised $30m in a Series A round to scale its artificial intelligence (AI) platform across international markets and...
Marrow secures $2m to build infrastructure for AI-led insurance

Marrow secures $2m to build infrastructure for AI-led insurance

London-based InsurTech Marrow has raised $2m in pre-seed funding to develop infrastructure that enables artificial intelligence agents to quote, purchase and manage insurance policies...
Slingshot Insurance emerges from stealth with $27m seed to power AI-native embedded insurance. Read the full story.

Slingshot Insurance lands $27m to power embedded cover

Slingshot Insurance, an AI-native insurer focused on the embedded economy, has launched publicly after operating in stealth, backed by a $27m seed round. Rally Ventures...
Cachet secures fresh backing to rethink gig insurance

Cachet secures fresh backing to rethink gig insurance

European InsurTech Cachet is preparing to expand its adaptive insurance model across Europe after securing new investment led by Spintop Ventures, taking its total...
Disaster InsurTech Stand raises $70m at $1bn valuation

Disaster InsurTech Stand raises $70m at $1bn valuation

Stand, a property InsurTech that uses physics-based simulation to make homes safer against natural disasters, has secured $70m in a Series C round that...
Fruga secures £1m to bring open banking to insurance

Fruga secures £1m to bring open banking to insurance

Fruga, a Manchester-based InsurTech scaleup using open banking to lower renewal premiums, has secured £1m in funding to expand its technology and help consumers...
Bind AI raises $10m to automate commercial insurance

Bind AI raises $10m to automate commercial insurance

Insurance technology start-up Bind AI has secured $10m in venture funding as it looks to automate the administrative processes that consume much of commercial...
Ledgebrook raises $200m to scale AI underwriting for complex risks

Ledgebrook raises $200m to scale AI underwriting for complex risks

Ledgebrook, a Boston-based InsurTech specialising in complex commercial risks, has raised $200m in primary equity funding to expand its AI-native underwriting platform in the...

News Stories

Zing365: Insurance broking must map out career paths

Zing365: Insurance broking must map out career paths

Zing365, an InsurTech-focused learning and development specialist, has called on insurance brokers to set out defined career routes, organised training and mentoring if they...
Optalitix brings agentic AI to insurance pricing

Optalitix brings agentic AI to insurance pricing

Optalitix, the InsurTech firm specialising in pricing and underwriting, has rolled out agentic AI functionality within its Optalitix Quote platform, allowing insurers that build...
Clean energy reinsurer GreenieRE adopts INTX Re platform

Clean energy reinsurer GreenieRE adopts INTX Re platform

GreenieRE, an impact-driven reinsurer backing clean energy, has chosen INTX Re, the assumed reinsurance platform from INTX Insurance Software, to bring greater consistency to...

Can AI make insurance more human?

Artificial intelligence is increasingly being used by insurers to streamline operations, automate routine processes and improve the speed of customer interactions. But as the...
boom selects PremFina for flexible insurance payments

boom selects PremFina for flexible insurance payments

PremFina, a UK provider of premium finance, has agreed a long-term partnership with boom, the digital insurance brand run by Abacai Technologies Limited, to...
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