Funding Rounds

Liangzibao said to collect $14m in Series A+ funding

China-based online insurance platform Liangzibao has reportedly raised $14m in its Series A + round of funding.

Zesty.ai bags $13m in its Series A to support expansion of data set

Zesty.ai, an AI-powered computer vision solution helping insurers better assess risk, has closed its Series A on $13m.

Carlyle buys majority stake in Sedgwick in $6.7bn deal

Carlyle has picked up a majority stake in tech-enabled insurance claims business Sedgwick in a deal with KKR valued at approximately $6.7bn.

Majesco set to receive $35m investment to support growth

Cloud insurance software developer Majesco is expecting to receive $35m in funding from its parent company, to support growth plans.

SA InsurTech Naked showered with ZAR30m investment

South African InsurTech Naked has raised ZAR30m of investment from previous backers Yellowwoods and Hollard. The company has planned to use the funding to expand...

NFP Ventures makes minority investment into Indio Technologies

NFP Ventures has made a minority investment into Indio Technologies, a workflow management software for insurance agencies.

InsurTech startup Bright Health hits $950m valuation through VC-backed Series C

Insurance technology developer Bright Health has reportedly hit a $950m valuation after picking up significant backing from a swathe of venture capital firms.

Huddle said to raise $19.25m in its Series A round

Australia-based online insurance platform Huddle has reportedly raised $19.25m in its Series A round of funding.

InsurTech startup ELEMENT bags €23m in Series A

Insurance technology solution developer ELEMENT has bagged €23m in its Series A round of funding.

GoodData nets $24m in equity and debt round

GoodData, which provides businesses with actionable insights, has pulled in $24m in its equity and debt financing 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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