Funding Rounds

Indio raises $20m in Menlo Ventures-led Series B round

San Francisco-based InsurTech Indio has raised $20m in its Series B funding round led by FinTech investor, Menlo Ventures.Menlo was joined in the round...

Clover Health bags $500m in latest funding round

InsurTech Clover Health has reportedly raised $500m in a funding round led by existing backer Greenoaks Capital. The round which is set to close in the...

Aureus Analytics secures $3.1m to aid geographic expansion

Aureus Analytics, a provider of AI-powered predictive analytics platform for the insurance space, has raised $3.1m in funding. Of the capital injection, $750,000 was supplied...

UK-based startup WhenFresh nets £3m in Series A

UK-based InsurTech startup WhenFresh has secured a £3m Series A round from undisclosed investors. The capital injection will be used to support the development of...

Global Insurance Accelerator receives investment from Global Atlantic Financial

The Global Insurance Accelerator (GIA) has secured an investment from Global Atlantic Financial Group.

Aflac injects $20m into Singapore Life for minority stake

US-based insurer Aflac Incorporated has made a $20m minority investment into InsurTech company Singapore Life.

Santam picks up minority stake in Ctrl

South African Insurance major Santam has made a minority investment in InsurTech start-up CTRL. Ctrl provides short-term car and house insurance through an independent advice app,...

bsurance raises ?4m in Series A round amid European expansion plans

Austrian InsurTech bsurance has raised ?4m in a Series A round as it plans expansion into?Western Europe?and the CEE region.UNIQA's?corporate venture capital arm,?UNIQA Ventures...

Yolo closes Series A on €5m to aid its expansion plans

Italian InsurTech Yolo has raised €5m in its Series A round which was led by Neva Finventures, the investment arm of Italian bank Intesa...

Avinew pulls in $5m seed round as it prepares for a market launch

Avinew, an auto insurance platform for autonomous and semi-autonomous vehicles, has raised $5m in seed funding.

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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