Funding Rounds

HUB International, a global insurance brokerage firm headquartered in Chicago, has secured a landmark $1.6bn minority equity investment, pushing its valuation to $29bn, the highest valuation ever recorded for a privately held insurance broker.

InsurTech giant HUB International lands $1.6bn funding to hit $29bn valuation

HUB International, a global insurance brokerage firm headquartered in Chicago, has secured a landmark $1.6bn minority equity investment, pushing its valuation to $29bn, the highest valuation ever recorded for a privately held insurance broker.
Bestow lands $120m Series D to transform life insurance tech

Bestow lands $120m Series D to transform life insurance tech

Bestow, a US-based InsurTech company that provides end-to-end software solutions for life insurers, has raised $120m in an oversubscribed Series D funding round.
EQT Ventures backs MarvelX with $6m to automate insurance workflows

EQT Ventures backs MarvelX with $6m to automate insurance workflows

Amsterdam-based MarvelX, a FinTech start-up focused on operational automation in financial services, has closed a $6m seed funding round to support the launch of its AI-powered platform for the insurance sector.
Landlord InsurTech firm Steadily secures $30m Series C to expand nationwide footprint

Landlord InsurTech firm Steadily secures $30m Series C to expand nationwide footprint

Steadily, a landlord-focused InsurTech based in the United States, has raised $30m in a Series C funding round as it looks to accelerate its national expansion and enhance its technology platform.
AI-powered InsurTech platform 1Fort, which focuses on streamlining commercial insurance processes for brokers and agents, has announced a $7.5m oversubscribed funding round.

AI-driven InsurTech 1Fort raises $7.5m to transform broker workflows

AI-powered InsurTech platform 1Fort, which focuses on streamlining commercial insurance processes for brokers and agents, has announced a $7.5m oversubscribed funding round.
Chapter, a US-based Medicare navigation platform, has closed a $75m Series D funding round to bolster its mission of transforming retirement healthcare experiences.

Chapter bags $75m to scale personalised Medicare guidance platform

Chapter, a US-based Medicare navigation platform, has closed a $75m Series D funding round to bolster its mission of transforming retirement healthcare experiences.
Luma Financial Technologies, a FinTech company specialising in structured products and insurance solutions, has secured $63m in a Series C funding round.

Luma Financial Technologies raises $63m to expand global reach

Luma Financial Technologies, a FinTech company specialising in structured products and insurance solutions, has secured $63m in a Series C funding round.
Paris-based Klaimy, a French InsurTech startup focused on revolutionising medical document processing, has raised €1.2m in pre-seed funding to advance its AI-powered solutions for insurers.

French InsurTech Klaimy raises €1.2m to transform medical document processing with AI

Paris-based Klaimy, a French InsurTech startup focused on revolutionising medical document processing, has raised €1.2m in pre-seed funding to advance its AI-powered solutions for insurers.
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.

News Stories

Alliant Insurance buys Nava in AI benefits push

Alliant Insurance Services, one of the largest insurance brokers and consultants in the US, has agreed to acquire Nava Benefits, the AI-native employee benefits...
RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk, the insurance brokerage that rewards property owners for reducing wildfire exposure, has completed a $12.5m Series A round. The financing was jointly led...

bolt launches AI-powered insurance distribution platform

Bolt, a leading InsurTech focused on distribution, has rolled out what it calls the insurance sector's first AI-powered distribution platform to give partners access...
Why producer compliance is splitting across three tech models

Why producer compliance is splitting across three tech models

Producer licensing is increasingly becoming a technology infrastructure decision for carriers and MGAs, with platforms differing significantly in how they connect to existing systems,...
Interconnected risks are breaking insurance's old models

Interconnected risks are breaking insurance’s old models

Insurance models are being tested by a risk environment in which exposures increasingly overlap, evolve quickly and create consequences beyond their original category. Earnix,...
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