Funding Rounds

Health insurance automation firm HOOTL lands new Middle East investment to accelerate UAE expansion

RIIG – HOOTL, a provider of AI-powered cybersecurity and health tech solutions, has raised a new round of funding from investors in the United Arab Emirates, marking a key milestone in the company’s international expansion.
Specialty insurance cloud firm Tinubu closes $45m funding led by Morgan Stanley

Specialty insurance cloud firm Tinubu closes $45m funding led by Morgan Stanley

Tinubu, a leading provider of cloud-based enterprise software for the specialty insurance industry, has raised $45m in growth capital to fuel its product innovation and global expansion.
HUB International, a global insurance brokerage firm headquartered in Chicago, has secured a landmark $1.6bn minority equity investment, pushing its valuation to $29bn, the highest valuation ever recorded for a privately held insurance broker.

InsurTech giant HUB International lands $1.6bn funding to hit $29bn valuation

HUB International, a global insurance brokerage firm headquartered in Chicago, has secured a landmark $1.6bn minority equity investment, pushing its valuation to $29bn, the highest valuation ever recorded for a privately held insurance broker.
Bestow lands $120m Series D to transform life insurance tech

Bestow lands $120m Series D to transform life insurance tech

Bestow, a US-based InsurTech company that provides end-to-end software solutions for life insurers, has raised $120m in an oversubscribed Series D funding round.
EQT Ventures backs MarvelX with $6m to automate insurance workflows

EQT Ventures backs MarvelX with $6m to automate insurance workflows

Amsterdam-based MarvelX, a FinTech start-up focused on operational automation in financial services, has closed a $6m seed funding round to support the launch of its AI-powered platform for the insurance sector.
Landlord InsurTech firm Steadily secures $30m Series C to expand nationwide footprint

Landlord InsurTech firm Steadily secures $30m Series C to expand nationwide footprint

Steadily, a landlord-focused InsurTech based in the United States, has raised $30m in a Series C funding round as it looks to accelerate its national expansion and enhance its technology platform.
AI-powered InsurTech platform 1Fort, which focuses on streamlining commercial insurance processes for brokers and agents, has announced a $7.5m oversubscribed funding round.

AI-driven InsurTech 1Fort raises $7.5m to transform broker workflows

AI-powered InsurTech platform 1Fort, which focuses on streamlining commercial insurance processes for brokers and agents, has announced a $7.5m oversubscribed funding round.
Chapter, a US-based Medicare navigation platform, has closed a $75m Series D funding round to bolster its mission of transforming retirement healthcare experiences.

Chapter bags $75m to scale personalised Medicare guidance platform

Chapter, a US-based Medicare navigation platform, has closed a $75m Series D funding round to bolster its mission of transforming retirement healthcare experiences.
Luma Financial Technologies, a FinTech company specialising in structured products and insurance solutions, has secured $63m in a Series C funding round.

Luma Financial Technologies raises $63m to expand global reach

Luma Financial Technologies, a FinTech company specialising in structured products and insurance solutions, has secured $63m in a Series C funding round.
Paris-based Klaimy, a French InsurTech startup focused on revolutionising medical document processing, has raised €1.2m in pre-seed funding to advance its AI-powered solutions for insurers.

French InsurTech Klaimy raises €1.2m to transform medical document processing with AI

Paris-based Klaimy, a French InsurTech startup focused on revolutionising medical document processing, has raised €1.2m in pre-seed funding to advance its AI-powered solutions for insurers.

News Stories

Financial institutions are not short on data. If anything, they are overwhelmed by it. The real challenge now is turning that data into something usable for pricing, underwriting, and risk decisions, quickly, consistently, and at scale. That is where most organisations are still falling short. With Elevate Data now generally available, Earnix is focusing on a different problem, not how to store more data, but how to make it decision-ready.

Why data readiness is now the real bottleneck in insurance analytics

Financial institutions are not short on data. If anything, they are overwhelmed by it. The real challenge now is turning that data into something...
Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its position in the European cycling insurance market.

Laka strengthens dealer network with VeloLife deal

Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its...

Aventum buys Post & Co to strengthen European presence

Aventum Group has acquired Post & Co to establish a foothold in continental Europe and deepen its marine insurance capabilities. The deal gives Aventum immediate...
OCTO, a global telematics and analytics specialist, has partnered with Sedgwick, a leading provider of claims management solutions, to integrate telematics data with claims services and reshape how insurers handle motor and mobility-related claims.

OCTO teams with Sedgwick to enhance insurance claims data

OCTO, a global telematics and analytics specialist, has partnered with Sedgwick, a leading provider of claims management solutions, to integrate telematics data with claims...

Kidbrooke: fixing the personalisation gap in WTP comms

The Dutch pension sector has a communication problem and it is hiding in plain sight inside a document that looks entirely correct, according to WealthTech company Kidbrooke.
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