Funding Rounds

BimaPay secures $2m funding to revolutionise insurance technology in India

BimaPay secures $2m funding to revolutionise insurance technology in India

BimaPay has successfully secured a funding boost of $2m, orchestrated by LC Nueva Investment Partners, according to a report from the Hindu Business Line.  BimaPay is...
Chapter Medicare, a leading broker headquartered in New York, has successfully raised $50m in its Series C funding round.

Chapter Medicare secures $50m in series C round to revolutionise senior healthcare navigation

Chapter Medicare, a leading broker headquartered in New York, has successfully raised $50m in its Series C funding round.
Sentry Insurance, a leading mutual insurance group, has partnered with Falvey Insurance to offer admitted and non-admitted cargo capacity to Falvey’s broker partners.

Vanguard secures $1m funding to revolutionise maritime insurance underwriting

Maritime technology startup Vanguard has secured $1m in new funding to advance their automated insurance underwriting platform tailored for maritime operations.
CoverTree, a pioneering InsurTech firm specialising in manufactured home insurance solutions, has announced the completion of a $13m Series A funding round.

CoverTree secures $13m in Series A to reshape home insurance sector

CoverTree, a pioneering InsurTech firm specialising in manufactured home insurance solutions, has announced the completion of a $13m Series A funding round.
Expleo, an engineering, technology, and consulting services provider, has partnered with ACORD Solutions Group, to provide testing assurance expertise for organisations preparing for Lloyd’s Blueprint Two London market modernisation.

London-based InsurTech Eleos raises $4m to propel US expansion plans

London-based InsurTech firm Eleos has successfully raised $4m in a seed funding round, as it eyes an expansion into the US market. 
Honeycomb, a leading digital insurer, has raised $36m in a Series B funding round in a bid to expand its insurance offerings.

Honeycomb secures $36m to expand its insurance offerings

Honeycomb, a leading digital insurer, has raised $36m in a Series B funding round in a bid to expand its insurance offerings.
Simplifai, a leading provider of AI-powered solutions in the insurance sector, has secured a significant investment with Idékapital leading the raise.

Simplifai secures significant investment led by Idékapital

Simplifai, a leading provider of AI-powered solutions in the insurance sector, has secured a significant investment with Idékapital leading the raise.
Arbol, a leader in parametric insurance solutions, has announced the successful closure of a $60m Series B funding round.

Arbol bags $60m in Series B funding to scale parametric insurance offering

Arbol, a leader in parametric insurance solutions, has announced the successful closure of a $60m Series B funding round.
Urban Jungle, a London-based insurance startup, is gearing up to announce a substantial funding round of around $14.4m this week, as reported by Sky News.

Insurance startup Urban Jungle set to announce $14.4m funding raise

Urban Jungle, a London-based insurance startup, is gearing up to announce a substantial funding round of around $14.4m this week, as reported by Sky News.
FlashAid, a Mumbai-based healthcare and InsurTech startup, has announced a successful raise of $2.5m in a pre-Series A funding round.

Mumbai-based InsurTech FlashAid raises $2.5m in Series A

FlashAid, a Mumbai-based healthcare and InsurTech startup, has announced a successful raise of $2.5m in a pre-Series A funding round.

News Stories

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo, a Budapest-based InsurTech using AI and advanced data analytics to transform motor insurance, has secured $22.5m in Series B funding at a $1.6bn valuation,...
Can Curant.ai solve insurance’s claims complexity problem?

Can Curant.ai solve insurance’s claims complexity problem?

Curant.ai, an AI-powered InsurTech platform focused on modernising insurance claims, has secured $3.1m in seed funding as insurers look to move from early AI...
Can commercial carriers survive the end of the hard market?

Can commercial carriers survive the end of the hard market?

The prolonged hard market in North American commercial insurance has begun to ease, creating a new challenge for property and casualty (P&C) insurers as...
NatWest launches home cover tracker with Uinsure

NatWest launches home cover tracker with Uinsure

NatWest, one of the UK's largest retail banks, has joined forces with InsurTech platform Uinsure in an exclusive tie-up aimed at making home cover...
Navacord enters Newfoundland through Steers deal

Navacord enters Newfoundland through Steers deal

Navacord, the insurance brokerage, has partnered with Steers Insurance Limited, a move that takes the consolidator into Newfoundland and Labrador for the first time...
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