Funding Rounds

Automation software developer Decisions pulls in $40m from Aldrich Capital

No-code business rule and process automation platform Decisions has pulled in $40m in funding from Aldrich Capital.

Covr opens new corporate office in Connecticut

Life insurance startup Covr Financial Technologies has opened its corporate office in Hartford, Connecticut.

Cytora said to close £25m funding round to support international growth

Cytora, which uses AI technology to improve underwriting for commercial insurance, has reportedly closed a £25m funding round.

Digital insurance company Embroker bags $28m Series B

Digital insurance company Embroker has netted $28m in its Series B round which was led by Tola Capital.

Insights platform Amenity Analytics bags $18m in its Series B

Amenity Analytics, an AI-powered insights platform, has closed its Series B on $18m, to support the growth of its team.

Insurdata pulls in $3m in funding led by Anthemis and Menlo Ventures

Insurdata, a company aggregating peril-specific exposure and risk data, has closed a $3m funding round. The investment was led by London-based venture firm Anthemis and...

Lemonade closes Series D on $300m

Online insurance company Lemonade has closed its Series D on $300m, with SoftBank Group leading the round.

Property insurance AI solution Flyreel secures $3.85m

Flyreel, an AI solution for property insurance, has secured $3.85m in its latest round of funding, which was led by Gradient Ventures, the AI-focused fund of Google.

San Francisco-based InsurTech Kover.ai closes $1.5m seed round

Kover.ai, a San Francisco-based insurance startup, has closed its seed round on $1.5m.

Labelbox pulls in $10m for Series A round

Labelbox, a machine learning application platform, has pulled in £10m for its Series A funding round.

News Stories

Akur8 launches rating accelerator for Guidewire users

Akur8 launches rating accelerator for Guidewire users

Akur8, the global actuarial AI platform used by more than 3,000 actuaries across the property and casualty and life and annuity insurance markets, has...
Why insurers are failing to unlock distribution data

Why insurers are failing to unlock distribution data

Insurance distribution technology has become increasingly effective at automating the mechanics of producer management. The next challenge for insurers is turning the information generated...
Marsh McLennan Agency strengthens Midwest insurance footprint

Marsh McLennan Agency strengthens Midwest insurance footprint

Marsh McLennan Agency (MMA) is expanding its insurance footprint across the US Midwest after agreeing to acquire Accel Holdings, an independent insurance and advisory...

Athena Cyber unveils new supply chain shield

Rokstone, the international specialty (re)insurance MGA, has expanded its cyber offering through its Athena Cyber Division with the launch of a new customer and...
French insurers turn to decisioning as risks grow more complex

French insurers turn to decisioning as risks grow more complex

French insurers are facing growing pressure to modernise how they make decisions as emerging risks become harder to assess and customer expectations continue to...
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