Funding Rounds

Truepic to help Jewelers Mutual with underwriting processes

US-based Jewelers Mutual Insurance has selected Truepic Vision to improve its underwriting processes.

Mylo picks up $28m in Series A from Guggenheim

Digital insurance broker Mylo has pulled in $28m fors its Series A round of funding which was led by Guggenheim Partners From the new batch...

Canadian pension giant, Stone Point invest in insurance brokerage Alliant

Canadian pension major the Public Sector Pension Investment Board has agreed to back insurance brokerage business Alliant Insurance Services.

Auto insurance platform Clearcover nets $43m in Series B round

Auto insurance platform Clearcover has closed its Series B round of funding on $43m.

Turtlemint secures $25m of funding in Sequoia India-led round

Indian InsurTech Turtlemint has raised $25m in a funding round led by Sequoia India.The long-time FinTech investor was joined in the round by existing...

Fractal Analytics pulls in $200m in funding from Apax

Strategic analytics platform Fractal Analytics has pulled in $200m in funding, as it looks to become a $1bn revenue company.

Limelight Health closes Series C on $33.5m

Limelight Health, a developer of quoting, underwriting for employee benefits, has closed its Series C round on $33.5m.

Bond-Pro pulls in $10m in round led by Volition Capital

Bond-Pro, a provider of surety and specialty insurance solutions, has pulled in $10m in its equity round.

SEA’s Grab partners with ZhongAn to create InsurTech platform

Singaporean ride-sharing business Grab has partnered with the international arm of ZhongAn to create a digital insurance platform for the Southeast Asia region. The joint venture will...

Singapore Life nets $13m in second investment of the month

Life insurance company Singapore Life has received a $13m investment from Aberdeen Standard Investments.

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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