Funding Rounds

By Miles raises £1m, a week after the launch in UK

By Miles, a pay-as-you-go car insurance platform, has netted £1m in funding, a week after its launch in the UK.

Employee health benefits app League collects $47m in funding

Digital employee health benefits platform League has secured CAD $62m ($47m) in growth funding.

‘Pay-per-mile’ InsurTech Metromile collects $90m in Series E

Metromile, a car insurance platform with a pay-per-mile model, has closed its Series E on $90m.

Title insurance platform Spruce Holdings raises up to $15.5m in funding

Title insurance platform Spruce Holdings has raised up to $15.5m in its latest round of funding.

InsurTech startup Tractable raises up to $25m in funding

Tractable, an AI-based solution which supports insurance claims by analysing images of damage, has raised up to $25m in funding.

Drive with Belron hosts demo day for 3 startups competing for £200k prize

Drive with Belron, an innovation lab, has held the demo day for the three startups in the latest program, which has a £200,000 prize.

Allianz acquires 99% of shares in Nigeria-based Ensure Insurance

Insurance firm Allianz Group has acquired 99.03 per cent of the shares in Nigeria-based Ensure Insurance from the core shareholder Greenoaks Global.

TowerIQ collects $2m in seed funding led by Hyperplane

TowerIQ, a data and insight platform for the insurance industry, has collected $2m in seed funding.

Digital Risks raises £2.25m to support expansion into Europe

Digital Risks, an automated platform for purchasing business insurance, has raised £2.25m in a round led by Concentric.

Kenya-based InsurTech Bismart receives funding from GreenTec

Kenya-based InsurTech platform Bismart has received an investment from GreenTec Capital.

News Stories

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What needs to happen in H2 2026 for it to be a successful year...

The InsurTech sector is having a strong year, with over $2.7bn raised by companies during the first six months of the year in InsurTech....

bolt unveils Connected Distribution for insurers

bolt, a leading InsurTech focused on distribution, has introduced what it describes as the insurance industry's first AI-powered distribution platform, giving partners connected access...
Cytora taps GeoX AI for AI-driven property insights

Cytora taps GeoX AI for AI-driven property insights

Cytora, the digital risk processing platform, has partnered with GeoX AI, a leading provider of geo data and property intelligence, to bring advanced property...

Insurance clearinghouse Axle bags $17.5m Series A

Axle, the AI-native clearinghouse for insurance, has raised $17.5m in Series A funding, led by Base10 Partners, as it looks to expand the number...
Cyber insurers face a growing AI coverage gap

Cyber insurers face a growing AI coverage gap

The rapid adoption of artificial intelligence is creating a new challenge for cyber insurers: determining where AI-related losses fit within existing policies. That question was...
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