Funding Rounds

Clyde closes $14m Series A to boost growth in the market

Clyde, which offers extended warranties and accident protection, has secured $14m in its Series A round to support its growth in the market.

MetaMorphoSys Technologies said to raise pre-Series A funding round

Indian InsurTech platform MetaMorphoSys Technologies has reportedly raised a pre-Series A funding round, which was led by Good Capital.

Bought By Many said to raise £78m in funding from a private equity firm

UK-based pet insurance platform Bought By Many has reportedly closed a £78m investment from private equity firm FTV Capital.

Covered by SAGE collects $6m in its seed round

InsurTech startup Covered by SAGE has collected $6m in its seed round, which was led by NFX.

Nexar secures $52m in funding and partners with Japanese insurer

Nexar, the dash cam system provider, has secured $52m in a funding round alongside a new partnership with Japanese insurance firm Mitsui Sumitomo Insurance.

Indonesian InsurTech Qoala said to net $13.5m in its Series A round

Indonesia-based InsurTech platform Qoala has reportedly netted $13.5m in its Series A round, which was led by Centauri Fund, a joint vehicle from Kookmin Bank and Telkom Indonesia.

Partech closes $100m fund to invest in startups shaping a post-coronavirus world

Having previously invested in several FInTech companies, Partech is now aiming to inject even more capital into promising ventures after closing its latest seed fund – Partech Entrepreneur III.

25 FinTech deals from last week and what they tell you about the state...

The FinTech funding rounds over the past week show that the coronavirus continues to affect the sector and also provide an opportunity to look closer at India's industry.

Igloo said to secure $8.2m in funding as it eyes international growth

Digital insurance platform Igloo has reportedly raised $8.2m in its funding round as it looks to enter more markets in Southeast Asia.

France-based health InsurTech Alan closes €50m Series C

Alan online health insurance provider has secured €50m in its Series C round, to support the opening of two new European offices.

News Stories

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes costly disruption. Traditional systems, particularly those using leak detection cables, have offered a relatively simple monitoring solution. However, these systems typically rely on fixed alert thresholds, which often fail to reflect the variability of real-world environments. As a result, while detection capabilities exist, their reliability has frequently been called into question.

Why traditional leak detection systems falter in real environments

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes...
The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade, the sector has made notable progress in areas such as digital distribution, API connectivity, embedded insurance, and the modernisation of agency management systems. However, beneath these advancements lies a growing concern, according to Producerflow.

InsurTech’s data gap threatens AI ambitions

The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade,...
Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US.

Ethos and Liberty Mutual team up to deliver fully digital life insurance

Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US. The collaboration will see Liberty...
Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen Commercial Vehicles.

VWFS UK selects Wrisk as preferred insurance partner for commercial vehicles

Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen...
Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience.

Transamerica and Swiss Re collaborate on digital claims transformation

Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience. The initiative will see Transamerica adopt Swiss Re’s PromiseXP...
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