Funding Rounds

San Diego-based XILO, an InsurTech company providing quoting software for independent insurance agencies, has raised $7.2m in its latest Series A funding round.

XILO raises $7.2m to enhance digital quoting solutions for insurance agencies

San Diego-based XILO, an InsurTech company providing quoting software for independent insurance agencies, has raised $7.2m in its latest Series A funding round.
Home insurance startup Openly, which specialises in distributing policies through independent agents, has secured $193m in a growth financing round to fuel its expansion efforts.

InsurTech firm Openly secures $193m to expand homeowners’ insurance

Home insurance startup Openly, which specialises in distributing policies through independent agents, has secured $193m in a growth financing round to fuel its expansion...
CI-ISAC secures $6.4m government grant to enhance cyber resilience

CI-ISAC secures $6.4m government grant to enhance cyber resilience in healthcare

CI-ISAC Australia, a cyber intelligence organisation focused on critical infrastructure, has received a $6.4m grant from the Australian Government to establish a dedicated information-sharing and analysis centre for the healthcare sector.
Pula Foundation, an InsurTech company based in Rwanda, has been awarded a €10m grant from the Bayer Foundation to increase access to climate risk insurance for smallholder farmers.

Pula Foundation bags €10m to increase access to climate risk insurance

Pula Foundation, an InsurTech company based in Rwanda, has been awarded a €10m grant from the Bayer Foundation to increase access to climate risk...
Italian InsurTech company Wopta Assicurazioni has successfully closed a funding round that brings its total financing to €12m.

Italian InsurTech Wopta Assicurazioni secures €12m in funding

Italian InsurTech company Wopta Assicurazioni has successfully closed a funding round that brings its total financing to €12m. The latest investment was secured through a...
InsurTech firm The Helper Bees lands $35m to enhance at-home care solutions

InsurTech firm The Helper Bees lands $35m to enhance at-home care solutions

The Helper Bees, an InsurTech company focused on enabling older adults to live independently at home, has secured $35m in Series C funding.
Gaia raises $14m to scale fertility insurance platform in the US

Gaia raises $14m to scale fertility insurance platform in the US

Gaia, a fertility insurance and prediction platform, has raised $14m in funding to support its expansion across the United States.
InsuranceDekho could secure up to $100m in funding led by MUFG Bank and C. Development

InsuranceDekho could secure up to $100m in funding led by MUFG Bank and C....

InsurTech company InsuranceDekho, a platform enabling customers to compare and purchase various insurance products, has announced a new funding round set to raise up to $100m, according to a report from EnTrackr.
Weecover, Spain's leading embedded insurance provider, has successfully raised €4.2m in its latest funding round as it sets its sights on international expansion.

Spanish InsurTech Weecover raises €4.2m to fuel global expansion

Weecover, Spain's leading embedded insurance provider, has successfully raised €4.2m in its latest funding round as it sets its sights on international expansion.
South African InsurTech Naked, known for its AI-powered and fully digital insurance platform, has raised $38m in a recent financing round.

South African InsurTech Naked secures $38m to drive AI-powered growth

South African InsurTech Naked, known for its AI-powered and fully digital insurance platform, has raised $38m in a recent financing round.

News Stories

Alliant Insurance buys Nava in AI benefits push

Alliant Insurance Services, one of the largest insurance brokers and consultants in the US, has agreed to acquire Nava Benefits, the AI-native employee benefits...
RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk, the insurance brokerage that rewards property owners for reducing wildfire exposure, has completed a $12.5m Series A round. The financing was jointly led...

bolt launches AI-powered insurance distribution platform

Bolt, a leading InsurTech focused on distribution, has rolled out what it calls the insurance sector's first AI-powered distribution platform to give partners access...
Why producer compliance is splitting across three tech models

Why producer compliance is splitting across three tech models

Producer licensing is increasingly becoming a technology infrastructure decision for carriers and MGAs, with platforms differing significantly in how they connect to existing systems,...
Interconnected risks are breaking insurance's old models

Interconnected risks are breaking insurance’s old models

Insurance models are being tested by a risk environment in which exposures increasingly overlap, evolve quickly and create consequences beyond their original category. Earnix,...
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