Funding Rounds

CLARA analytics secures $25m in its Series B round

CLARA analytics, an AI-powered solution for the commercial insurance space, has scored $25m in its Series B round.

Coalition bags $90m to support its global expansion plans

Cyber insurance platform Coalition has bagged a $90m equity investment to support its rapid growth and global expansion. The investment was led by Valor Equity...

South Africa’s CompariSure closes funding round

South African InsurTech startup CompariSure has closed a funding round to support the increased adoption of its solution.

Bike insurance startup Bikmo closes funding round and looks to move office to Wales

Bike insurance startup Bikmo has allegedly netted £1.8m in its Series A funding round as it looks to move its head office to Wales after the coronavirus pandemic clears.

Trust Stamp collects $100,000 and joins an accelerator

AI-powered identity platform Trust Stamp has collected $100,000 in a Series A investment from the OnRamp Insurance Accelerator.

Catch up on the 35 big FinTech funding rounds from the last week

Amidst the coronavirus crisis, many FinTech companies have still been able to raise big rounds. Here are 35 of the successful investment stories that...

omocom nets €3.7m in funding as it looks to grow outside the Nordics

Swedish InsurTech startup omocom has netted €3.7m in funding to help it grow into new verticals outside of the Nordics.

InsurTech startup Fenris receives funding from CIT

Fenris, which helps streamlines and modernises the process of quoting insurance products, has received an investment from the Center for Innovative Technology (CIT).

The coronavirus represents a “return to chaos” that could benefit FinTech companies

COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech companies as they adjust to a whole new reality.

Verteva said to close AUS $33m Series A round

Australia-based lending platform Verteva has reportedly collected AUS $33m ($21m) in a Series A investment.

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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