Funding Rounds

Canadian InsurTech Foxquilt closes its seed round on $3.5m

Canada-based InsurTech platform Foxquilt has closed its seed round on $3.5m, which will be used to enhance its technology and data science.

InsurTech platform Koala scores €1.6m in funding round led by Insurtech Gateway

France-based InsurTech Koala has scored €1.6m in a funding round led by UK-based incubator and fund Insurtech Gateway.

These 36 FinTech deals from the last week show that the sector is not...

While the downfall of Wirecard may the big story in the FinTech industry, it would be a mistake to not take a closer look at the investment rounds announced in the sector over the past seven days.

InsurTech platform Felix secures $800,000 in its seed funding round

Dubai-based InsurTech platform Felix has reportedly collected $800,000 in its seed funding round, which was led by the Oman Technology Fund.

InsurTech Just Auto Insurance bags $5.7m in funding round

California-based InsurTech Just Auto Insurance has announced the closure of a $5.7m round led by ManchesterStory.

Bike insurer Laka eyeing the Netherlands for EU headquarters following funding

Laka, a provider of bike insurance, has raised $4.7m in funding to help it expand across Europe.

Galytix secures undisclosed amount in a post-angel equity investment round

Artificial intelligence-powered FinTech Galytix has secured a post angel equity investment of an undisclosed amount to support its next phase of growth, including sourcing new talent to its team.

Layr scores $5m in its seed round as it looks to enhance its AI...

Layr, which helps small businesses customise commercial insurance bundles, has bagged $5m for its seed round.

Insurance chatbot Hi Marley closes Series A1 on $8m

Insurance chatbot Hi Marley has closed its Series A1 round on $8m and will help it to increase customer engagement

AgencyKPI secures $5m in its Series A backed by US-based insurance firms

AgencyKPI, a business intelligence platform aimed at solving data issues in the insurance space, has scored $5m in its Series A round.

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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