Funding Rounds

Axiata Digital receives $70m in funding to support the expansion of its digital financial...

Axiata Digital, the digital service division of telecommunications conglomerate Axiata Group, has received $70m in funding to support the growth of its digital financial services.

InsurTech platform Oscar closes funding round on $225m

Online health insurance platform Oscar has closed a new funding round on $225m as it looks to

Swedish InsurTech Insurello bags $8.04m to fund international expansion

Insurello has secured $8.04m in a new investment round led by Inventure and Schibsted with the participation of existing investor Luminar Ventures.

Openly closes its Series A investment on $15m

Home insurance provider Openly has closed its Series A investment on $15m, with Obvious Ventures leading the round.

Buckle acquires Gateway Insurance Company

Financial product developer Buckle has acquired Gateway Insurance Company and its 47 state insurance licenses.

InsurTech startup Qlaims scores £2.3m in its seed funding round

Qlaims, a property claims platform, has allegedly scored £2.3m in its seed funding round as it looks to enhance its technology.

Previsico entering the US market with the aid of ?700,000 loan from Innovate UK

Previsico is looking to bring its flood insurance services to the US with the help of a ?700,000 loan support from Innovate UK.

27 FinTech funding rounds from the last week that could show how a post-coronavirus...

From InsurTech startups to cybersecurity ventures, the past week has seen several FinTech firms find funding to help them grow despite the global pandemic.

Duck Creek Technologies closes $230m less than a year after former round

Duck Creek Technologies, a software developer for P&C insurance, has secured a $230m investment, less than a year since closing a $120m round.

InsurTech100 company Planck closes $16m funding round

InsurTech100 company Planck has closed a $16m investment to support its growth strategy and deepen the platform capabilities.

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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