Funding Rounds

Warranty provider Servify nets $23m in its Series C

Servify, which offers warranty protection for devices, has closed its Series C round on $23m.

AI-powered InsurTech i3 Systems said to raise $1.5m in funding

AI platform for insurance i3 Systems has reportedly bagged $1.5m in a funding round, which will aid the enhancement of its technology.

Insurance platform Bright Health closes $500m Series E to support geographic growth

Health insurance company Bright Health has closed its Series E round on $500m, which brings its total capital raised to $1.5bn.

InsurTech unicorn Next Insurance scores $250m in its Series D

Small business insurance provider Next Insurance has scored $250m in its Series D round to help it grow the team by 50%.

Tech Nation names the 31 UK FinTechs in its new accelerator

Tech Nation has named the 31 UK-based FinTech startups it has welcomed into it latest accelerator programme.

EasySend bags $16m in new funding as Covid-19 boosts demand for its services

FinTech EasySend has secured $16m in new funding to make insurers and financial services firms' digital journeys easier as the coronavirus pandemic increases the demand for its services.

InsuranceDekho said to receive $20m investment to increase online presence

Online insurance comparison platform InsuranceDekho has received a $20m investment from its parent company GirnarSoft to increasing branding.

TCARE closes $3m in round led by SixThirty Ventures

TCARE, which claims to be the only evidence-based, CMS 1115 approved and accredited family caregiver support platform, has netted $3m in funding.

Newly created InsurTech Ki scores $500m investment

Newly established InsurTech startup Ki Insurance has landed a $500m investment from Tactical Opportunities, the opportunistic investment division of Blackstone.

Acko secures $60m in its Series D round led by Munich Re Ventures

Acko General Insurance has reportedly netted $60m in its Series D round, which was led by Munich Re Ventures.

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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