Funding Rounds

Understory, a provider of insurance solutions against severe weather losses, has secured $15m in a Series A funding round.

Understory bags $15m in Series A for renewable energy sector

Understory, a provider of insurance solutions against severe weather losses, has secured $15m in a Series A funding round.
Sixfold, the company empowering underwriters with a generative AI solution for end-to-end risk analysis, has announced a successful $15m Series A funding round.

Sixfold raises $15m to enhance AI-driven underwriting technology

Sixfold, the company empowering underwriters with a generative AI solution for end-to-end risk analysis, has announced a successful $15m Series A funding round.
Richmond National, a specialty excess and surplus lines insurance company, has announced the successful closure of an oversubscribed equity capital raise.

Richmond National secures $55m in equity capital from major investors

Richmond National, a specialty excess and surplus lines insurance company, has announced the successful closure of an oversubscribed equity capital raise.
Authentic Insurance, a New York-based InsurTech startup, has successfully raised $11m in a Series A funding round.

New York-based InsurTech Authentic Insurance secures $11m in Series A funding

Authentic Insurance, a New York-based InsurTech startup, has successfully raised $11m in a Series A funding round.
Swiipr has announced it secured $7.6m in funding to advance its platform designed to revolutionise airline disruption payments.

Swiipr raises $7.6m to modernise airline disruption compensation

Swiipr has announced it secured $7.6m in funding to advance its platform designed to revolutionise airline disruption payments.
Orca AI, a Tel-Aviv based AI shipping specialty company, has secured a significant investment boost of $23m following a strategic partnership with marine insurer North Standard.

Orca AI secures $23m investment boost after North Standard collaboration

Orca AI, a Tel-Aviv based AI shipping specialty company, has secured a significant investment boost of $23m following a strategic partnership with marine insurer...
InsurTech startup CoverSure secures $4m to enhance insurance customisation

InsurTech startup CoverSure secures $4m to enhance insurance customisation

CoverSure, a consumer-focused InsurTech startup, has successfully raised $4m in its pre-series A funding round.
Cover Whale, a pioneering InsurTech specialising in connected insurance for commercial auto, has has secured $27.5m in debt and equity from investment funds managed by Morgan Stanley Expansion Capital.

Cover Whale lands $27.5m investment from Morgan Stanley Expansion Capital

Cover Whale, a pioneering InsurTech specialising in connected insurance for commercial auto, has has secured $27.5m in debt and equity from investment funds managed by Morgan Stanley Expansion Capital.
Vitesse, a leading provider of treasury and payment solutions tailored for the insurance industry, has announced the completion of a substantial $93m Series C funding round.

InsurTech innovator Vitesse secures $93m Series C for US expansion

Vitesse, a leading provider of treasury and payment solutions tailored for the insurance industry, has announced the completion of a substantial $93m Series C funding round.
Norwegian flood risk startup, 7Analytics has announced a successful funding round of €4m from Scale Capital, a prominent investment firm.

Norwegian flood risk startup 7Analytics secures €4m in funding from Scale Capital

Norwegian flood risk startup, 7Analytics has announced a successful funding round of €4m from Scale Capital, a prominent investment firm.

News Stories

Sixfold and Adnovum partner on AI underwriting in DACH

Sixfold and Adnovum partner on AI underwriting in DACH

Sixfold, an AI-powered underwriting solution provider for global insurers, has announced a strategic alliance with Adnovum, a Swiss technology and consulting firm focused on...
Windward taps ZestyAI for California wildfire risk

Windward taps ZestyAI for California wildfire risk

Windward Risk Managers, a US home insurance specialist founded in 2005, has expanded its use of ZestyAI's platform to support its entry into the...

Real-time crop intelligence lands in Cytora platform

Cytora, the digital risk processing platform, has announced a strategic partnership with Treefera, an AI-powered first-mile intelligence platform, to embed granular agricultural and nature-based...
FutureProof launches AI condo insurance for Southeast US

FutureProof launches AI condo insurance for Southeast US

FutureProof Technologies, a venture-backed InsurTech using artificial intelligence to overhaul property underwriting, has unveiled a new personal lines property insurance programme in partnership with...
Previsico names Mark Trumper as new CEO

Previsico names Mark Trumper as new CEO

Previsico, the live flood forecasting InsurTech spun out of Loughborough University, has named Mark Trumper as its new chief executive officer to drive the...
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