Funding Rounds

Insurance provider CoverWallet bags its Series B led by Foundation Capital

Insurance support solution CoverWallet has bagged $18.5m in its Series B funding round led by Foundation Capital.
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Digital insurer Coverfy lands €3.5m from three investors

Coverfy, a Barcelona-based digital insurance startup, is looking to expand after closing a €3.5m financing round. The Spanish business has collected investment from K Fund, Seaya...
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Down payment protection platform ValueInsured closes $6.5m funding round

Down payment protection platform ValueInsured has closed a $6.5m funding round led by Everest Re Group affiliate and Houston International Insurance Group.
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Poland-based insurance comparison platform Mfind.pl nets funding

Poland-based Insurance comparison platform Mfind.pl has reportedly netted an undisclosed funding round.
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Snapsheet partners with KeyBank to simplify insurance claims

Virtual claims InsurTech provider Snapsheet has formed a partnership with KeyBank to launch a payment solution for insurance claims. Snapsheet, which provides virtual claims technology...
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Renters insurance Canopy sells a 15% stake to Direct Line Insurance

Renters insurance solution Canopy has sold a 15 per cent stake of its company to Direct Line Insurance.
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Digital insurance provider ZhongAn raises $1.5bn in IPO

ZhongAn Online Property & Casualty Insurance has reportedly closed its IPO on $1.5bn.

State Auto Labs launches $25m venture fund to back InsurTechs, FinTechs

State Automobile Mutual Insurance innovation department State Auto Labs has launched a $25m venture fund to invest into InsurTech and FinTech companies.

InsurTech platform Boost Insurance closes $3m funding round

New York-based InsurTech platform Boost Insurance has closed a $3m funding round led by Norwest Venture Partners.
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Car insurance provider Clearcover exits stealth and raises $11.5m

Online car insurance provider Clearcover has exited stealth and also announced an $11.5m round of funding, led by Lightbank.

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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