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

Faye raises $50m to power autonomous travel care

Faye raises $50m to power autonomous travel care

Faye, the AI-powered travel protection platform recognised as a TIME Best Invention and named a top provider by The Wall Street Journal, has closed...
Why insurance personalisation is still stuck in the data gap

Why insurance personalisation is still stuck in the data gap

Insurers have invested significantly in customer data, segmentation and behavioural analytics to improve engagement. However, many still face challenges when turning those insights into...
Octave taps Cytora technology for new MGA launches

Octave taps Cytora technology for new MGA launches

Cytora, an AI-powered risk processing platform for commercial insurers, has entered a partnership with Octave Specialty Group, a specialty insurance platform that builds, buys...
Plaid and Sierra unlock AI-powered financial workflows

Plaid and Sierra unlock AI-powered financial workflows

Plaid, a financial technology company that enables consumers to securely connect their financial accounts with apps and services, has partnered with Sierra, an AI...

Angelica Solutions adds pricing expert Illingworth

Angelica Solutions, the UK insurance consultancy specialising in data-driven and actuarial solutions for insurers, MGAs and InsurTechs, has appointed Amy Illingworth as a senior...
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