InsurTech COVR Global raises $2.5m for AI claims engine
COVR Global, a London-based InsurTech startup focused on revolutionising insurance claims processing, has secured $2.5m in seed funding to accelerate the development of its AI-powered decision engine.
E&S InsurTech Ledgebrook raises $65m in Series C
Ledgebrook, a US-based InsurTech firm specialising in excess and surplus (E&S) lines of insurance, has raised $65m in a Series C funding round.
Battery Ventures backs Descartes for climate cover growth
Descartes Underwriting, a Paris-based InsurTech specialising in parametric insurance for climate and emerging risks, has announced a strategic investment from global investment firm Battery Ventures.
Healthcare AI startup Autonomize AI secures $28m Series A
Autonomize AI, a healthcare technology company specialising in AI-driven solutions to streamline healthcare operations, has raised $28m in a Series A funding round.
Wildfire tech firm Pano AI raises $44m Series B
Pano AI, a wildfire detection company leveraging artificial intelligence to assist emergency responders, has closed a $44m Series B funding round.
Vertical Insure lands $8.5m raise
Vertical Insure, a Minneapolis-based InsurTech has raised $8.5m in equity financing, as disclosed in a Form D filing with the SEC on 12 June.
Zorro secures $20m to transform AI-powered health benefits
Zorro, a next-generation benefits administration platform, has secured $20m in Series A funding as it looks to transform how healthcare benefits are delivered to brokers, employers and employees across the United States.
PremFina secures £350m facility for UK expansion
PremFina, the UK’s fastest-growing insurance premium finance provider, has announced a major funding milestone through the completion of a £350m private securitisation facility, supported by HSBC and Waterfall Asset Management.
Crabi bags $13.6m to expand digital auto cover in Mexico
Crabi, a full-stack digital auto insurance company based in Mexico, has secured $13.6m in a new funding round to boost its AI-powered insurance offering and expand access to affordable vehicle coverage nationwide.
Cyber InsurTech Baobab secures €12m to expand in Europe
Cyber insurance startup Baobab, a Germany-based InsurTech firm specialising in AI-driven cyber protection, has raised €12m in a Series A funding round aimed at expanding its operations across Europe.
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