Funding Rounds

InsurTech startup ELEMENT nets an additional €10m for its Series A round

InsurTech startup ELEMENT has bagged an additional €10m for its Series A round, which it initially closed back in 2018.

Claimsforce said to raise €7m in its Series A round as it looks to...

Claimsforce has reportedly raised €7m in its Series A round, which will help it increase its team globally.

InsurTech startup Huddle said to raise $3.1m in its funding round

Online insurance platform Huddle has reportedly netted $3.1m in its funding round, which was led by AirTree Ventures.

Cybersecurity and InsurTech startups behind many of the 27 rounds raised last week

Of the 26 FinTech companies to raise rounds in the last seven days, cybersecurity and InsurTech companies enjoyed the most cash injections.

Kin Insurance closes $35m Series B as it looks to expand across the US

Home insurance platform Kin Insurance has closed its Series B round on $35m, which was led by Commerce Ventures.

High Definition Vehicle Insurance pulls in $16m Series A

Commercial auto insurance startup High Definition Vehicle Insurance (HDVI) has netted $16m in its Series A round.

Payments company Vitesse nets £6.6m in its Series A

Cross-border B2B payments company Vitesse has netted £6.6m in its Series A round , which was led by Octopus Ventures.

InsurTech the Demex Group bags $4.2m in seed funding

Climate risk InsurTech the Demex Group has secured $4.2m in a seed funding round led by Anthemis and IA Capital Group.

Clara Insurance rebrands to Brella after extending its seed round

Clara Insurance has rebranded to Brella Insurance, in tandem with the close of a $1.5m funding round.

Insurance marketplace EverQuote acquires Crosspointe

Online insurance marketplace EverQuote has acquired Crosspointe Insurance & Financial Services, a health insurance agency based in Indiana.

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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