Funding Rounds

fintech-news

Snapsheet nabs $20m to help insurers

Auto insurance software maker Snapsheet has raised $20m in a Series C round led by F-Prime Capital and IA Capital Group.
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Anivo lands insurtech deal with SBB

Swiss insurtech startup Anivo is striking a partnership with the state railway company (SBB) that will bring as many as 35,0000 railway workers onto the platform.
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Brolly scores seed funding to smarten up insurance

Artificial intelligence-driven InsurTech startup Brolly has raised $13,360 in a seed round of funding. The investment in the London-based startup comes from Entrepreneur First and Innovate Finance.

Metromile parks $103.5m for pay-by-the-mile car insurance

Pay-per-mile car insurance firm Metromile has landed $103.5m in a Series D round of funding. The capital comes from Canadian insurer Intact Financial and China Pacific Insurance (CPIC).
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FinanceFox lands $28m in largest European InsurTech deal

The InsurTech space continues to excite investors with the largest funding round raised in Europe to date just being picked up by FinanceFox.
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Peer-to-peer InsurTech startup Lemonade grabs funding

Peer-to-peer insurance company Lemonade has raised a new round of funding from XL Innovate, the venture capital arm of insurance firm XL Catlin. The size of the round is undisclosed.

UpGuard locks down $17m for cybersecurity insurance

Australian insurance firm IAG has invested in Sydney-founded cybersecurity firm UpGuard $17m Series B round.
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Buzzmove picks up $7.7m for property insurance

Buzzmove, a UK PropTech and insurance startup, has raised a fresh £6m ($7.7m) in a sizable seed funding round led by White Mountains Insurance Group.

Slice Labs gets backing from Munich Re

Slice Labs is getting the thumbs up from German insurance heavyweight Munich Re with the firm’s venture arm investing in the InsurTech startup.

News Stories

Across EMEA, insurers are investing heavily in insurance pricing and AI. Companies are looking to implement faster decisions, more precise pricing, and the ability to compete in a market defined by volatility and regulation. On the surface, progress looks real. New models are built. Data science teams expand. AI pilots are launched. Platforms are upgraded. Yet when it comes to production, very little changes.

Why insurers are falling behind on pricing platform transformation

Across EMEA, insurers are investing heavily in insurance pricing and AI. Companies are looking to implement faster decisions, more precise pricing, and the ability...
Clearcover, a digital-first InsurTech specialising in car insurance, has launched a new auto insurance product in Florida alongside its “26 for ’26” agent incentive programme, aiming to deliver flexible, transparent cover while boosting agent engagement.

Clearcover enters Florida with fee-free car insurance

Clearcover, a digital-first InsurTech specialising in car insurance, has launched a new auto insurance product in Florida alongside its “26 for ’26” agent incentive...
Origami Risk, a provider of cloud-native risk, safety and insurance software, has been selected by Gramercy Risk Management, an insurer targeting underserved markets, to deploy its P&C SaaS platform and support business expansion.

Origami Risk powers Gramercy growth with SaaS solution

Origami Risk, a provider of cloud-native risk, safety and insurance software, has been selected by Gramercy Risk Management, an insurer targeting underserved markets, to...
Roamly, an InsurTech focused on mobility insurance solutions, has launched a usage-based commercial insurance product for autonomous fleets that prices cover in real-time, and reduces costs when vehicles operate in autopilot mode, in partnership with Tesla.

Roamly unveils real-time insurance for Tesla fleets

Roamly, an InsurTech focused on mobility insurance solutions, has launched a usage-based commercial insurance product for autonomous fleets that prices cover in real-time, and...
Root, a technology-driven car insurance provider, has launched a 24-hour agent appointment programme, enabling independent insurance agents to complete onboarding and begin selling policies within a single day.

Root speeds up agent onboarding with 24-hour programme

Root, a technology-driven car insurance provider, has launched a 24-hour agent appointment programme, enabling independent insurance agents to complete onboarding and begin selling policies...
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