Insurepal closes its ICO on its $18m hard cap
P2P insurance platform Insurepal has closed its ICO on its $18m hard cap, within just two days.
Hellas Direct bags €7m to capitalise on ‘big blindspot’ in emerging markets
Greece-based Hellas Direct has secured €7m in its Series B led by IFC, to support expansion across emerging markets, Hellas Direct co-founder Alexis Pantazis told FinTech Global.
Ardian sells InsurTech company RGI to Corsair Capital
Private investment house Ardian has sold InsurTech business RGI after a three-year holding.
FloodFlash collects £1.9m to support upcoming platform launch
FloodFlash, an insurance platform focused on risk of flooding, has collected £1.9m in its seed funding round.
Francisco Partners acquires health insurance marketplace Connecture
Health insurance marketplace Connecture has been acquired by Francisco Partners and Chrysalis Ventures.
Dinghy secures $1.2m funding from Balderton Capital
Dinghy, an on-demand insurance provider which launched this week, has secured a $1.2m funding round led by Balderton Capital.
CLARA closes $11.5m Series A led by Oak HC/FT
CLARA analytics has closed its Series A funding round on $11.5m, with Oak HC/FT leading the investment.
InsurTech platform XAGENT closes $2.1m seed round
US-based XAGENT, a submission platform for retail property and casualty insurance agents, has netted $2.1m in seed funding.
Urban Jungle said to raise £1m seed round
UK-based InsurTech solution Urban Jungle has reportedly netted £1m in a seed round of funding.
BIMA lands $96.6m investment from Allianz X
BIMA, a micro-insurance provider for Africa, Asia and Latin America has received a $96.6m investment from Allianz X.
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