Funding Rounds

Insurance software provider ISI secures investment from NexPhase Capital

Insurance software provider ISI secures investment from NexPhase Capital

NexPhase Capital, a private equity firm known for its thematic and operational focus, has announced an investment in Insurance Systems Inc., ISI, a provider of enterprise software solutions to the property and casualty insurance industry.
Continuity, a pioneer in leveraging artificial intelligence and external data for professional and commercial P&C insurers, has announced a €10m Series A funding round.

French InsurTech Continuity raises €10m to boost AI-driven risk assessment

Continuity, a pioneer in leveraging artificial intelligence and external data for professional and commercial P&C insurers, has announced a €10m Series A funding round.
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.

News Stories

Why insurance’s distribution data goldmine matters now

Why insurance’s distribution data goldmine matters now

Insurance distribution has traditionally been treated as an operational challenge. Carriers, MGAs and agencies have invested in technology to onboard producers, manage licences and...

Alliant Insurance buys Nava in AI benefits push

Alliant Insurance Services, one of the largest insurance brokers and consultants in the US, has agreed to acquire Nava Benefits, the AI-native employee benefits...
RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk, the insurance brokerage that rewards property owners for reducing wildfire exposure, has completed a $12.5m Series A round. The financing was jointly led...

bolt launches AI-powered insurance distribution platform

Bolt, a leading InsurTech focused on distribution, has rolled out what it calls the insurance sector's first AI-powered distribution platform to give partners access...
Why producer compliance is splitting across three tech models

Why producer compliance is splitting across three tech models

Producer licensing is increasingly becoming a technology infrastructure decision for carriers and MGAs, with platforms differing significantly in how they connect to existing systems,...
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