Funding Rounds

Mantas raises $1.77m to bring parametric insurance to cloud downtime

Mantas raises $1.77m to bring parametric insurance to cloud downtime

Mantas, a company focused on insuring modern digital risks, has emerged from stealth alongside a seed funding round to introduce parametric insurance designed to cover cloud service downtime.
Japanese insurer Tokio Marine has invested $5m for a minority stake in Singapore-based InsurTech startup Igloo, according to filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA).

InsurTech Igloo secures $5m from Tokio Marine

Japanese insurer Tokio Marine has invested $5m for a minority stake in Singapore-based InsurTech startup Igloo, according to filings with Singapore’s Accounting and Corporate...
Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised $25m to expand its insurance offerings amid growing demand for protection against generative AI risks.

Armilla AI raises capacity to $25m

Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised its standalone AI Liability Policy to offer limits up to $25m to...
XBuild, a construction-tech startup, with an AI-native estimating and proposal platform for contractors and insurers, focused initially on residential roofing and insurance restoration work, has raised $19m in Series A funding.

XBuild raises $19m to streamline insurance estimates

XBuild, a construction-tech startup, with an AI-native estimating and proposal platform for contractors and insurers, focused initially on residential roofing and insurance restoration work,...
Paris-based Stoïk, a European insurtech specialising in cyber risk protection for businesses, has completed a €20m Series C funding round, aiming to strengthen its position in the European cyber risk market.

InsurTech Stoïk secures €20m to expand in Europe

Paris-based Stoïk, a European InsurTech specialising in cyber risk protection for businesses, has completed a €20m Series C funding round, aiming to strengthen its...
Wrisk, a digital insurance platform specialising in embedded insurance for the automotive sector, has secured a strategic investment from Allianz as part of its recently announced Series B funding round.

Automotive InsurTech Wrisk attracts Allianz investment

Wrisk, a digital insurance platform specialising in embedded insurance for the automotive sector, has secured a strategic investment from Allianz as part of its...
BirdsEyeView, a European Space Agency-backed InsurTech, has secured an undisclosed seven-figure investment to support international expansion and accelerate development of its wildfire risk modelling capabilities.

BirdsEyeView lands investment to scale wildfire analytics

BirdsEyeView, a European Space Agency-backed InsurTech, has secured an undisclosed seven-figure investment to support international expansion and accelerate development of its wildfire risk modelling...
New York-based InsurTech WithCoverage has raised $42m in a Series B funding round as it looks to challenge traditional, commission-based insurance brokerage models for fast-growing businesses.

AI InsurTech WithCoverage bags $42m Series B funding

New York-based InsurTech WithCoverage has raised $42m in a Series B funding round as it looks to challenge traditional, commission-based insurance brokerage models for...
Corgi, a US-based InsurTech company focused on building a full-stack, AI-native insurance carrier for startups, has raised $108m in funding following regulatory approval to enter the market.

InsurTech Corgi lands $108m to expand AI underwriting

Corgi, a US-based InsurTech company focused on building a full-stack, AI-native insurance carrier for startups, has raised $108m in funding following regulatory approval to...
Nirvana

AI insurer Nirvana raises $100m to see value surge to $1.5bn

Nirvana Insurance, an AI-native commercial insurer, has secured $100m in a pre-emptive extension to its Series D funding round, pushing its valuation to $1.5bn. The...

News Stories

LTY secures Akiden backing for Swiss expansion

LTY secures Akiden backing for Swiss expansion

LTY SA, a Swiss InsurTech firm, has attracted investment from Akiden Ventures SA to broaden its insurance broking operations and technology offering across Switzerland’s...

Experian Health buys eInsights to boost insurance discovery

Experian Health, the healthcare arm of global data and technology business Experian, has acquired eInsights, a healthcare technology firm that helps providers locate patient...
Donegal expands ZestyAI deal to sharpen property risk

Donegal expands ZestyAI deal to sharpen property risk

Donegal Insurance Group, a US property and casualty insurer, has broadened its existing relationship with InsurTech firm ZestyAI by adopting the Z-PROPERTY solution to...
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...
Earnix warns against delaying insurance pricing modernisation

The hidden costs of replacing insurance core systems

Insurers could delay the benefits of better pricing and underwriting by making them dependent on lengthy core system replacements, with Earnix advocating a more...
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