Funding Rounds

InsurTech startup Naked lands $1.4m, eyes 2018 launch

South African insurtech startup Naked Insurance has landed ZAR20m ($1.4m) in funding as it plans to launch into the market next year.

InsurTech startup Insurdata lands more than $1m

Insurdata, which provides re/insurance underwriters with property-specific data, has landed more than $1m in seed financing.
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RiskGenius secures undisclosed investment from QBE Ventures

Machine learning insurance platform RiskGenius has received an undisclosed investment from QBE Ventures.
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Shift Technology bags $28m Series B co-led by Accel, General Catalyst

Insurance fraud protection system Shift Technology has bagged $28m in a Series B funding round.
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Italy-based YOLO said to raise €1m in funding led by Barcamper

Italy-based InsurTech platform YOLO has reportedly closed a €1m funding round led by Barcamper Ventures.

UAE-based InsurTech platform Democrance bags $800k

UAE-based insurance solution platform Democrance has picked up $800,000 in its first round of funding.
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InsurTech platform Covera closes $1m seed round

Canada-based InsurTech platform Covera Technologies has received $1m in a seed funding round, led by Ferst Capital Partners.
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India InsurTech startup RenewBuy collects $9.2m from Amicus Capital

RenewBuy, a Gurgaon, India-based online insurance aggregator, has raised $9.2m (INR60m) from Amicus Capital. The deal represents the second round of fundraising completed by the...

Policybazaar closes $7.7m investment from Info Edge, following $77m Series E

India-based insurance product marketplace Policybazaar has reportedly closed a funding round from Info Edge, in a deal was worth around $7.7m.
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Prima Solutions acquires predictive tools company Tricast

Paris-based insurance software solutions provider Prima Solutions has acquired analysis and predictive tool company Tricast.

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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