Funding Rounds

Hippo raises $150m Series E round at $1.5bn valuation

InsurTech Hippo has cemented its place in the coveted unicorn club by raising a $150m round at a $1.5bn valuation.

BestDoctor closes $4.5m round

Russian online medical insurance platform BestDoctor has bagged $4.5m in a round led by Addventure and Target Global.

Policybazaar said to be eyeing an IPO for 2021 which would value it at...

Insurance marketplace giant Policybazaar is reportedly eyeing an IPO for 2021, which would value the business upwards of $3.5bn.

Miss these 27 funding rounds at your own peril

From stocktrading to teenage finances, last week's funding rounds provide plenty of things to consider for the future of the industry.

Cryptoasset insurance platform Evertas said to raise $2.8m in its seed round

Cryptoasset insurance startup Evertas has reportedly raised $2.8m in its seed funding round.

Global InsurTech deal activity increased year-on-year in H1 2020 as India saw resurgence

Companies in India more than doubled their share of global deal activity in less than two years.

Cryptocurrency InsurTech Coincover bags new funding in round led by Insurtech Gateway

Coincover has just secured new investment to fuel its endeavour to help cryptocurrency companies secure their digital assets.

27 FinTech rounds from the last week you can’t afford to miss

Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what's happening in the industry.

SoftBank ups stake in PolicyBazaar despite the InsurTech’s CEO claiming the previous investment was...

Insurance marketplace PolicyBazaar has reportedly raised a further $130m from SoftBank, despite the chief executive believing the previous expansion efforts led by the mega investor were a "mistake."

Concirrus bags a $6m investment just months after closing its Series B

Concirrus, an insurance software developer, has raised $6m in funding, coming hot off the heels of its $20m Series B.

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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