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.
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.
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 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.
Embedded InsurTech platform Embri launches Crowdcube raise to fuel UK expansion
Embri, a UK-based embedded insurance platform that helps retailers offer protection at the point of sale, has announced the launch of its latest funding round via the crowdfunding platform Crowdcube.
Meanwhile raises $40m Series A to expand digital asset life insurance offering
Meanwhile, a digital asset-focused InsurTech company offering life insurance solutions, has raised $40m in a Series A funding round.
San-Fransisco-based Thatch raises $40m in Series B led by Index Ventures
finova Broker, a leading mortgage and protection CRM provider, and UnderwriteMe have announced a new integration aimed at enhancing the suite of tools available to financial advisers and brokers in the UK.
Foliume raises $1m seed round to enhance AI-driven insurance distribution
Foliume, which specialises in automating insurance processes, has secured a $1m seed funding round led by Belgium-based venture fund Pitchdrive and Wayra, the investment arm of Telefónica.
AI-driven InsurTech FurtherAI secures $5m to expand into UK market
San Francisco-based InsurTech startup FurtherAI, which develops AI-powered assistants for the commercial insurance sector, has raised $5m in a funding round led by Nexus Venture Partners.
InsurTech leader Peak3 secures $35m to drive European expansion
Peak3, a global InsurTech company specialising in cloud-based insurance solutions, has raised $35m in a Series A funding round to accelerate its expansion across the UK and European markets.
© InsurTech Analyst © Copyright 2024. All rights reserved.
