Funding Rounds

Corvus Insurance hits $750m valuation after fresh investment round

Corvus Insurance, which offers smart commercial insurance products, has netted $100m in Series C, which brings its valuation to $750m.

India-based InsurTech Riskcovry said to raise $5m

Digital insurance software developer Riskcovry has reportedly raised $5m in its Series A round, which was led Omidyar Network India.

Zego becomes UK’s first InsurTech unicorn after securing $150m in new round

London-based InsurTech Zego raised $150m in a Series C funding round valuing the company at $1.1bn.

RATESDOTCA receives $51m in a mixture of debt and equity

RATESDOTCA, which offers a digital shop for insurance and financial products, has closed its new funding round on $51m.

German InsurTech Hepster said to raise $10m Series A

Germany-based InsurTech Hepster has reportedly raised $10m in its Series A round, which was led by Element Ventures.

InsurTech startup Symbo Platform said to close $9.4m in funding

Singapore-based Symbo Platform has reportedly closed its new funding round on $9.4m to support the growth of its Indian affiliate.

InsurTech Beam Dental raises $80m in its Series E round

Beam Dental, a dentist-focused insurer, has closed its oversubscribed Series E round on $80m.

Providence Equity Partners acquires Node4 from Bowmark Captial

UK-based private equity firm Bowmark Capital has sold its stake in IT infrastructure developer Node4 to US investor Providence Equity Partners.

Global InsurTech market to be worth $16.8bn by 2025

The global InsurTech industry is expected to be worth $16.8bn by 2025 months after the sector enjoyed its best year yet.

Trucking InsurTech Koffie Labs secures $4.5m in venture financing

InsurTech Koffie Labs has netted $4.5m in a venture financing round to fund the reinvention of the trucking and transportation insurance market.

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...
227198

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