Funding Rounds

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.
Watershed Health, a company dedicated to transforming patient care coordination in the healthcare sector, has successfully closed a funding round, raising $13.6m.

Watershed Health secures $13.6m funding round to revolutionise healthcare coordination

Watershed Health, a company dedicated to transforming patient care coordination in the healthcare sector, has successfully closed a funding round, raising $13.6m.
Cover Genius, a leading embedded insurance provider, has raised $80m in a Series E funding round that was led by Spark Capital.

Cover Genius secures $80m in Series E Funding round led by Spark Capital

Cover Genius, a leading embedded insurance provider, has raised $80m in a Series E funding round that was led by Spark Capital.
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. 

News Stories

Starpeak secures August Equity investment

Starpeak secures August Equity investment

August Equity, a UK-based private equity investor focused on lower-mid-market businesses, has agreed to invest in Starpeak, a specialist insurance distributor serving niche personal...

AEGIS London and Augentic unveil digital consortium

AEGIS London, a top-quartile Lloyd's syndicate, and Augentic, a tech-enabled MGA, have joined forces to launch a new cross-class digital follow consortium within the...
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...
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