Funding Rounds

Greater Than completes $16m share issue

Swedish InsurTech company Greater Than has completed a directed share issue of around SEK 136m ($16m).

Sidecar Health reaches unicorn status after fresh investment

InsurTech company Sidecar Health has reached unicorn status after the close of a $125m Series C round put its valuation at $1bn.

InsurTech startup INZMO said to raise €3.1m in its seed round

German InsurTech company INZMO has reportedly netted €3.1m in its seed round to support its aim of simplifying the insurance process.

Former international rugby player Tom Powell’s FinTech platform BondAval raises $1.64m

BondAval, which aims to democratise access to credit terms, has closed its seed round on $1.64m.

Pula secures $6m in Series A round

Kenyan InsurTech startup Pula has raised a $6m Series A round to boost its agricultural and digital products insurance.

Health insurance startup Safety Wing said to raise $8m in funding

Safety Wing, a digital health insurance platform based in Norway, has reportedly scored $8m in a capital injection.

Why the 34 FinTech rounds raised last week paint a bittersweet picture for cybersecurity...

InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.

Nayms said to raise £1.5m in funding

Nayms, which empowers cryptocurrency investors to reinsure crypto-risk, has reportedly netted £1.5m in seed equity.

InsurTech startup LeoCare nets €15m in new funding

InsurTech startup LeoCare has reportedly netted €15m in a funding round, which was backed by Felix Capital, Ventech and Daphni.

France-based InsurTech Lovys said to raise €17m in funding

Mobile-based insurance platform Lovys has reportedly collected €17m in its Series A funding round, which will help it to expand internationally.

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,...
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