Funding Rounds

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Armour picks up $500m, as it looks to launch a new company

Run-off insurance company Armour has picked up $500m in equity commitments from a group led by Aquiline Capital Partners.

InsurTech platform Oscar Health closes $165m investment

Online health insurance platform Oscar Health has closed a $165m funding round to accelerate its expansion.

Atidot picks up $5m Series A led by Vertex Ventures

Life insurance big data platform Atidot has picked up $5m in its Series A funding round led by Vertex Ventures.

Root Insurance collects $51m Series C led by Redpoint

Auto InsurTech platform Root Insurance has collected $51m in its Series C funding round led by Redpoint Ventures.

Insly bags €2.2m funding round to support expansion in Poland

Cloud-based insurance platform Insly has closed a €2.2m funding round led by Concentric and Black Pearls VC.

Tritium Partners completes the recapitalisation of rateGenius

Online auto refinance marketplace rateGenius has received a recapitalisation and growth investment from Tritium Partners.

Singapore-based PolicyPay Network said to close ICO on $20m

Singapore-based InsurTech platform PolicyPal Network has reportedly collected 24.809 ETH, approximately $20m, in its ICO.

FIGO Pet Insurance closes $4m round from HCS

Chicago-based InsurTech platform FIGO Pet Insurance has closed a $4m equity round from HCS Capital Partners.

Maven deploys £150k to honcho’s crowdfunding campaign

Insurance auction platform honcho has closed an £850,000 funding round, through a crowdfunding campaign and equity investment.

Digital insurance broker Kelly Klee closes $4.5m seed round

US-based digital insurance broker Kelly Klee has closed a $4.5m seed round across two closes.

News Stories

Valor backs Counterpart with $50m Series C raise

Counterpart, a specialty InsurTech firm pioneering Agentic Insurance™ for the AI era, has completed a $50m Series C funding round, bringing its cumulative total...
MoneySuperMarket, the UK’s most recommended price comparison service, has expanded its ChatGPT app to include home insurance, pet insurance, credit cards and personal loans, enabling users to re-run quotes and compare financial products directly within the ChatGPT interface.

MoneySuperMarket adds home, pet insurance to ChatGPT app

MoneySuperMarket, the UK’s most recommended price comparison service, has expanded its ChatGPT app to include home insurance, pet insurance, credit cards and personal loans,...
Mehrwerk, a data-driven provider of cashback and lifestyle protection services, and bolttech, a global InsurTech specialising in embedded insurance, have formed a strategic partnership to expand embedded insurance and value-added services across Germany and international markets.

Mehrwerk teams with bolttech to expand embedded services

Mehrwerk, a data-driven provider of cashback and lifestyle protection services, and bolttech, a global InsurTech specialising in embedded insurance, have formed a strategic partnership...
Markel Insurance, the insurance division of Markel Group Inc., has launched PlayMicro in Canada via its digital platform Markel Connect, a broker-focused portal for specialty insurance solutions.

Markel brings PlayMicro portal to Canadian brokers

Markel Insurance, the insurance division of Markel Group Inc., has launched PlayMicro in Canada via its digital platform Markel Connect, a broker-focused portal for...

Ripe debuts ChatGPT app for instant cycling cover quotes

Ripe, a UK-based digital managing general agent (MGA) specialising in niche insurance products, has launched a new ChatGPT app for its cycling insurance brand...
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