Gradient AI raises $36m to advance AI solutions in insurance
Gradient AI, an independent provider of artificial intelligence (AI) solutions for the insurance industry, has successfully raised $36m.
Managing general underwriter SageSure closes $60m Gateway Re catastrophe bond
SageSure, a leading managing general underwriter specialising in catastrophe-exposed markets, has successfully closed the Gateway Re 2024-4 county-weighted wind cover catastrophe bond at $60m.
Mundi Ventures receives €25m boost from AECID for InsurTech startups
The Agencia Española de Cooperación Internacional para el Desarrollo (AECID), the primary management body of the Cooperación Española, will invest €25m in Mundi Ventures, a management firm dedicated to supporting InsurTech startups and adjacent sectors.
Insurance broker TWFG targets $176m in IPO
The Woodlands Financial Group (TWFG), an insurance broker supported by reinsurer RenaissanceRe, has announced its intention to raise up to $176m through its upcoming Initial Public Offering (IPO).
iA Financial Group invests $10m in Clutch Technology’s pre-owned car sales platform
iA Financial Group, one of Canada’s largest insurance and wealth management organisations, has announced a $10m investment in Clutch Technology, a firm specialising in the online sales of pre-owned vehicles.
Italian InsurTech Wopta Assicurazioni secures €4.1m in Series A funding
Wopta Assicurazioni, an InsurTech MGA established to support businesses and professionals against everyday risks, has successfully closed a €4.1m Series A funding round.
Watch Your Health raises $5m to expand tech-driven health solutions
Watch Your Health, a pioneering health-tech startup, has successfully raised $5m in a Series A investment round.
Health insurance disruptor Sidecar Health secures $165m in Series D round
Sidecar Health, a transformative health insurance company providing major medical coverage to businesses, announced today the closure of $165m in Series D financing.
Feather bags €6m to enhance health insurance options for Europe’s expats
German InsurTech startup Feather, which aims to simplify health insurance for expatriates, has successfully raised €6m.
Raincoat, pioneering AI climate insurance in Puerto Rico, clinches $150k
Raincoat, a startup based in Puerto Rico, has received a significant financial boost with a $150k award from Google.
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