Funding Rounds

ClaimSorted, a company focused on simplifying claims processing for insurers, has secured $3m in pre-seed funding.

ClaimSorted raises $3m to revolutionise claims processing with AI-powered platform

ClaimSorted, a company focused on simplifying claims processing for insurers, has secured $3m in pre-seed funding.
Stoïk secures $27m in Series B to bolster cyber insurance for European SMEs

Stoïk secures $27m in Series B to bolster cyber insurance for European SMEs

Stoïk, a French InsurTech startup, recently secured Series B funding of €25m ($27m).
COVU, a company specialising in AI-native services for insurance agencies, has successfully raised $12.5m in equity and debt financing as part of its first Series A funding round.

COVU raises $12.5m to advance AI-driven insurance platform

COVU, a company specialising in AI-native services for insurance agencies, has successfully raised $12.5m in equity and debt financing as part of its first Series A funding round.
Stream Claims, an InsurTech startup specialising in AI-powered medical document review for workers’ compensation, has secured $5.3m in a seed funding round.

InsurTech startup Stream Claims secures $5.3m seed funding led by Spark Capital

Stream Claims, an InsurTech startup specialising in AI-powered medical document review for workers’ compensation, has secured $5.3m in a seed funding round.
Pinpoint Predictive raises $23m to transform underwriting with AI technology

Pinpoint Predictive raises $23m to transform underwriting with AI technology

Pinpoint Predictive, an innovator in the InsurTech sector, has successfully completed its Series A funding round, amassing more than $23m.
Qantev, an AI-powered platform focused on health and life insurers, has raised €30m in a funding round led by Blossom Capital.

Health and life insurance platform Qantev secures €30m in funding led by Blossom Capital

Qantev, an AI-powered platform focused on health and life insurers, has raised €30m in a funding round led by Blossom Capital.
US-based InsurTech managing general agent, Ledgebrook, has secured $17m in a Series B funding round.

US InsurTech Ledgebrook secures $17m Series B to accelerate growth

US-based InsurTech managing general agent, Ledgebrook, has secured $17m in a Series B funding round.
Whatfix, a global leader in digital adoption platforms (DAPs), has secured $125m in its Series E funding round, as it looks to expand its product suite. 

Whatfix lands $125m Series E investment led by Warburg Pincus

Whatfix, a global leader in digital adoption platforms (DAPs), has secured $125m in its Series E funding round, as it looks to expand its product suite. 
Saudi Reinsurance Company (Saudi Re), a leading reinsurer in the Middle East, has appointed Ahmed Al-Jabr as its new chief executive officer (CEO), effective from 1st October 2024.

HealthTech startup Air Doctor secures $20m in Series B funding

Air Doctor, an Israeli HealthTech startup providing a platform that connects travellers with medical professionals globally, has raised $20m in a Series B funding round.
Jakarta-based InsurTech startup, Rey, has secured an additional $3.5m in funding as it seeks to expand its AI-powered health insurance platform.

Jakarta-based InsurTech Rey secures $3.5m funding round

Jakarta-based InsurTech startup, Rey, has secured an additional $3.5m in funding as it seeks to expand its AI-powered health insurance platform.

News Stories

Financial institutions are not short on data. If anything, they are overwhelmed by it. The real challenge now is turning that data into something usable for pricing, underwriting, and risk decisions, quickly, consistently, and at scale. That is where most organisations are still falling short. With Elevate Data now generally available, Earnix is focusing on a different problem, not how to store more data, but how to make it decision-ready.

Why data readiness is now the real bottleneck in insurance analytics

Financial institutions are not short on data. If anything, they are overwhelmed by it. The real challenge now is turning that data into something...
Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its position in the European cycling insurance market.

Laka strengthens dealer network with VeloLife deal

Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its...

Aventum buys Post & Co to strengthen European presence

Aventum Group has acquired Post & Co to establish a foothold in continental Europe and deepen its marine insurance capabilities. The deal gives Aventum immediate...
OCTO, a global telematics and analytics specialist, has partnered with Sedgwick, a leading provider of claims management solutions, to integrate telematics data with claims services and reshape how insurers handle motor and mobility-related claims.

OCTO teams with Sedgwick to enhance insurance claims data

OCTO, a global telematics and analytics specialist, has partnered with Sedgwick, a leading provider of claims management solutions, to integrate telematics data with claims...

Kidbrooke: fixing the personalisation gap in WTP comms

The Dutch pension sector has a communication problem and it is hiding in plain sight inside a document that looks entirely correct, according to WealthTech company Kidbrooke.
224931

60,000+ InsurTech leaders get exclusive insights delivered every week