Funding Rounds

Asteya launches after the close of a $10m investment

Asteya, an income insurance startup aimed at improving financial health and wellbeing for the disability insurance space, has launched its services.

InsurTech Policybazaar bags $75m from Falcon Edge to fuel expansion plans

Softbank-backed InsurTech PolicyBazaar has raised $75m in a fresh funding round led by the investment fund Falcon Edge Capital.

UAE-based Klaim said to close $1m seed round

UAE-based claim management platform Klaim has reportedly raised a $1m seed investment to help it grow its presence in the market.

Coalition joins the ever-growing list of FinTech unicorns after fresh funding round

Cyber insurance platform Coalition has joined the ever-growing list of FinTech unicorns, after its valuation hit $1.75bn.

Genesis rakes in $45m for its Series B

Genesis, a low-code application platform for financial markets, has scored $45m in its Series B.

Why crypto startups and InsurTechs flourished among 31 FinTech investment rounds last week

Cryptocurrency-focused enterprises, cybersecurity firms, challenger banks and InsurTechs were among the big winners of the 31 FinTech funding rounds reported last week.

InsurTech startup Ouch! said to raise $364,600 in funding

Malaysia-based InsurTech Ouch! has reportedly raised $364,600 in a funding round that will better position it for growth.

GloveBox closes $3m to support its product expansion

GloveBox, a mobile platform designed at bringing insurance agencies, policyholders and carriers together, has scored $3m in a fresh funding round.

InsurTech Hi Marley hauls in a $25m Series B funding

Boston, MA-based InsurTech Hi Marley closed a $25m Series B financing round led by Emergence Capital bringing its total funding to $44m.

InsurTech startup Cowbell Cyber closes $20m Series A

Cowbell Cyber, an AI-powered cyber insurance provider, has closed its Series A round on $20m to help it scale its offering for continuous underwriting and closed-loop risk management.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
224931

60,000+ InsurTech leaders get exclusive insights delivered every week