Funding Rounds

British InsurTech firm Marshmallow, which provides car and van insurance for people who have recently moved to the UK, has raised around £68m in new funding.

UK InsurTech Marshmallow secures £68m to push past £1.5bn valuation

British InsurTech firm Marshmallow, which provides car and van insurance for people who have recently moved to the UK, has raised around £68m in new funding.
Zurich Insurance Group, a global insurance leader based in Switzerland, has deepened its commitment to digital innovation by investing in Ominimo, a fast-growing InsurTech startup focused on AI-powered motor insurance.

Zurich invests in InsurTech Ominimo to boost AI-powered car insurance in Europe

Zurich Insurance Group, a global insurance leader based in Switzerland, has deepened its commitment to digital innovation by investing in Ominimo, a fast-growing InsurTech startup focused on AI-powered motor insurance.
Embri, a UK-based embedded insurance platform that helps retailers offer protection at the point of sale, has announced the launch of its latest funding round via the crowdfunding platform Crowdcube.

Embedded InsurTech platform Embri launches Crowdcube raise to fuel UK expansion

Embri, a UK-based embedded insurance platform that helps retailers offer protection at the point of sale, has announced the launch of its latest funding round via the crowdfunding platform Crowdcube.
Meanwhile, a digital asset-focused InsurTech company offering life insurance solutions, has raised $40m in a Series A funding round.

Meanwhile raises $40m Series A to expand digital asset life insurance offering

Meanwhile, a digital asset-focused InsurTech company offering life insurance solutions, has raised $40m in a Series A funding round.
San Francisco-based Thatch, a HealthTech company focused on employer-sponsored healthcare solutions, has secured $40m in a Series B funding round.

San-Fransisco-based Thatch raises $40m in Series B led by Index Ventures

finova Broker, a leading mortgage and protection CRM provider, and UnderwriteMe have announced a new integration aimed at enhancing the suite of tools available to financial advisers and brokers in the UK.
Foliume, which specialises in automating insurance processes, has secured a $1m seed funding round led by Belgium-based venture fund Pitchdrive and Wayra, the investment arm of Telefónica.

Foliume raises $1m seed round to enhance AI-driven insurance distribution

Foliume, which specialises in automating insurance processes, has secured a $1m seed funding round led by Belgium-based venture fund Pitchdrive and Wayra, the investment arm of Telefónica.
San Francisco-based InsurTech startup FurtherAI, which develops AI-powered assistants for the commercial insurance sector, has raised $5m in a funding round led by Nexus Venture Partners.

AI-driven InsurTech FurtherAI secures $5m to expand into UK market

San Francisco-based InsurTech startup FurtherAI, which develops AI-powered assistants for the commercial insurance sector, has raised $5m in a funding round led by Nexus Venture Partners.
Peak3, a global InsurTech company specialising in cloud-based insurance solutions, has raised $35m in a Series A funding round to accelerate its expansion across the UK and European markets.

InsurTech leader Peak3 secures $35m to drive European expansion

Peak3, a global InsurTech company specialising in cloud-based insurance solutions, has raised $35m in a Series A funding round to accelerate its expansion across the UK and European markets.
InsurTech startup ResiQuant, which specialises in property risk assessment, has raised $4m in a seed funding round led by LDV Capital.

ResiQuant raises $4m to revolutionise property insurance with AI-powered insights

InsurTech startup ResiQuant, which specialises in property risk assessment, has raised $4m in a seed funding round led by LDV Capital.
Nirvana raises $80m to expand AI-driven trucking insurance platform

Nirvana raises $80m to expand AI-driven trucking insurance platform

Nirvana Insurance, an AI-driven commercial trucking insurer, has secured an $80m Series C funding round, bringing its valuation close to $850m.

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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