Funding Rounds

Pula, a Kenyan-based InsurTech firm, has successfully concluded a Series B funding round, securing $20m.

Kenyan InsurTech Pula secures $20m in Series B

Pula, a Kenyan-based InsurTech firm, has successfully concluded a Series B funding round, securing $20m.
ClaimBuddy secures $5m in Series A to revolutionise health insurance claims

ClaimBuddy secures $5m in Series A to revolutionise health insurance claims

ClaimBuddy, a health insurance claim assistance platform, has successfully concluded its Series A funding round, raising $5m.
Embedded InsurTech Laka gains significant funding from Achmea Innovation Fund

Embedded InsurTech Laka gains significant funding from Achmea Innovation Fund

Achmea Innovation Fund has recently placed a significant investment in Laka, a pioneering InsurTech startup based in London.
Novidea secures $30m boost from HarbourVest to revolutionise InsurTech

Novidea secures $30m boost from HarbourVest to revolutionise InsurTech

Novidea has recently announced a significant development in its growth trajectory, securing an additional $30m in funding from HarbourVest Partners.
Australian FinTech startup, Honey Insurance, raises $108m to enhance smart home safety

Australian FinTech startup, Honey Insurance, raises $108m to enhance smart home safety

Honey Insurance, an Australian home insurance startup, has just announced a significant boost in its journey to redefine the home insurance landscape.
Oka secures $10m in groundbreaking funding for carbon credit InsurTech

Oka secures $10m in groundbreaking funding for carbon credit InsurTech

Oka, a pioneering force in the carbon credit insurance market, has recently heralded the successful closure of a substantial $10m funding round.
CrashBay raises $1.25m boost for collision repair network

CrashBay raises $1.25m boost for collision repair network

CrashBay, the first digital marketplace dedicated to transforming the collision repair industry, has successfully closed a funding round of $1.25m.
Omni-channel InsurTech leader Qoala raises $47m to fuel Southeast Asian insurance innovation

Omni-channel InsurTech leader Qoala raises $47m to fuel Southeast Asian insurance innovation

Omnichannel InsurTech firm, Qoala, has successfully completed its Series C funding round, amassing $47m. This significant financial milestone was led by PayPal Ventures alongside MassMutual...
mTek, a Kenyan-based InsurTech firm, has secured an investment of $1.25m (KSh 167.8m) to advance its expansion plans within the Kenyan and East African insurance markets.

Kenyan InsurTech mTek raises $1.25m to aid East African expansion plans

mTek, a Kenyan-based InsurTech firm, has secured an investment of $1.25m (KSh 167.8m) to advance its expansion plans within the Kenyan and East African insurance markets.
Coterie, an InsurTech MGA simplifying small business insurance, has secured a significant boost in funding, announcing a raise of $27m.

Coterie secures $27m to simplify small business insurance

Coterie, an InsurTech MGA simplifying small business insurance, has secured a significant boost in funding, announcing a raise of $27m.

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.
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