Funding Rounds

Fulcrum, a US-based InsurTech company focused on automating back-office processes for insurance brokers, has raised $25m as it looks to expand the reach of its software among some of the largest brokerage houses in the country.

US InsurTech Fulcrum secures $25m for insurance automation platform

Fulcrum, a US-based InsurTech company focused on automating back-office processes for insurance brokers, has raised $25m as it looks to expand the reach of...
Pace, an agentic AI startup automating insurance operations, has raised $10m in a Series A led by Sequoia Capital to accelerate AI adoption across insurance workflows.

Pace secures $10m Series A to modernise insurance workflows

Pace, an agentic AI startup automating insurance operations, has raised $10m in a Series A led by Sequoia Capital to accelerate AI adoption across...
Mantas raises $1.77m to bring parametric insurance to cloud downtime

Mantas raises $1.77m to bring parametric insurance to cloud downtime

Mantas, a company focused on insuring modern digital risks, has emerged from stealth alongside a seed funding round to introduce parametric insurance designed to cover cloud service downtime.
Japanese insurer Tokio Marine has invested $5m for a minority stake in Singapore-based InsurTech startup Igloo, according to filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA).

InsurTech Igloo secures $5m from Tokio Marine

Japanese insurer Tokio Marine has invested $5m for a minority stake in Singapore-based InsurTech startup Igloo, according to filings with Singapore’s Accounting and Corporate...
Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised $25m to expand its insurance offerings amid growing demand for protection against generative AI risks.

AI InsurTech Armilla AI secures $25m funding round

Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised $25m to expand its insurance offerings amid growing demand for protection against...
XBuild, a construction-tech startup, with an AI-native estimating and proposal platform for contractors and insurers, focused initially on residential roofing and insurance restoration work, has raised $19m in Series A funding.

XBuild raises $19m to streamline insurance estimates

XBuild, a construction-tech startup, with an AI-native estimating and proposal platform for contractors and insurers, focused initially on residential roofing and insurance restoration work,...
Paris-based Stoïk, a European insurtech specialising in cyber risk protection for businesses, has completed a €20m Series C funding round, aiming to strengthen its position in the European cyber risk market.

InsurTech Stoïk secures €20m to expand in Europe

Paris-based Stoïk, a European InsurTech specialising in cyber risk protection for businesses, has completed a €20m Series C funding round, aiming to strengthen its...
Wrisk, a digital insurance platform specialising in embedded insurance for the automotive sector, has secured a strategic investment from Allianz as part of its recently announced Series B funding round.

Automotive InsurTech Wrisk attracts Allianz investment

Wrisk, a digital insurance platform specialising in embedded insurance for the automotive sector, has secured a strategic investment from Allianz as part of its...
BirdsEyeView, a European Space Agency-backed InsurTech, has secured an undisclosed seven-figure investment to support international expansion and accelerate development of its wildfire risk modelling capabilities.

BirdsEyeView lands investment to scale wildfire analytics

BirdsEyeView, a European Space Agency-backed InsurTech, has secured an undisclosed seven-figure investment to support international expansion and accelerate development of its wildfire risk modelling...
New York-based InsurTech WithCoverage has raised $42m in a Series B funding round as it looks to challenge traditional, commission-based insurance brokerage models for fast-growing businesses.

AI InsurTech WithCoverage bags $42m Series B funding

New York-based InsurTech WithCoverage has raised $42m in a Series B funding round as it looks to challenge traditional, commission-based insurance brokerage models for...
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Latest Analysis

News Stories

Artificial intelligence may dominate the current conversation around insurance technology, but the story of InsurTech itself has followed a different trajectory. A decade ago, the sector was defined by the promise of disruption. Venture capital flowed into startups promising to rebuild insurance from the ground up. This swell of momentum saw surged to record levels, peaking at more than $15bn globally in 2021, according to CB Insights.

The next phase of InsurTech: From disruption to durability

Artificial intelligence may dominate the current conversation around insurance technology, but the story of InsurTech itself has followed a different trajectory. A decade ago,...
Artificial intelligence is already transforming how lenders analyse risk, price products, and make credit decisions. Yet for many institutions, the real challenge is no longer adopting the technology. It is maintaining control over the pace and scope of the changes AI introduces.

AI and the future of consumer lending: what lenders need to know

Artificial intelligence is already transforming how lenders analyse risk, price products, and make credit decisions. Yet for many institutions, the real challenge is no...
WTW, a global insurance advisory and broking group, has been selected by digital MGA Thimble to deploy Radar Live to modernise and scale its commercial lines pricing capabilities.

Thimble selects WTW Radar Live to scale pricing

WTW, a global insurance advisory and broking group, has been selected by digital MGA Thimble to deploy Radar Live to modernise and scale its...
MyChoice, a Canadian InsurTech focused on improving submission quality for insurers, has joined the Insurtech Vanguards programme run by Guidewire.

MyChoice enters Guidewire’s Insurtech Vanguards community

MyChoice, a Canadian InsurTech focused on improving submission quality for insurers, has joined the Insurtech Vanguards programme run by Guidewire. The initiative connects insurers with...
Health In Tech, an AI-enabled InsurTech platform listed on Nasdaq, has partnered with software engineering firm Ciklum to expand the capabilities of its stop-loss health insurance marketplace.

Health In Tech taps Ciklum to enhance AI insurance marketplace

Health In Tech, an AI-enabled InsurTech platform listed on Nasdaq, has partnered with software engineering firm Ciklum to expand the capabilities of its stop-loss...
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