Funding Rounds

Generali

Generali Ventures commits €250m to boost FinTech and InsurTech sectors

Generali has kickstarted its latest venture capital initiative aiming to bolster innovation and identify fresh market opportunities.
Insurance automation firm Sprout.ai secures £5.4m

Insurance automation firm Sprout.ai secures £5.4m

Sprout.ai, an "AI-led insurance claims automation company", has successfully secured an investment of £5.4m in a recent investment round. Spearheading this round were notable...
NEXT Insurance secures $265m partnership deal with Allstate and Allianz X

NEXT Insurance secures $265m partnership deal with Allstate and Allianz X

NEXT Insurance, a "leading technology-first small business insurer", has unveiled its strategic alliance with Allstate.
Nuvalaw lands $3m funding to revolutionise P&C insurance claims resolution

Nuvalaw lands $3m funding to revolutionise P&C insurance claims resolution

LegalTech Nuvalaw, the multi-award-winning claims resolution platform that specialises in online negotiation and arbitration of P&C insurance claims, has announced a successful raise of $3m in a pre-series A financing round.
Inclusivity

Goodwell backs InsurTech Inclusivity Solutions with $1.5m extension round

Inclusivity Solutions, an award-winning InsurTech, has successfully concluded an extension round of investment.
AgentSync has announced the successful completion of a $50m funding round, bringing their total funding to an impressive $161m.

AgentSync bags $50m to bring funding total to an impressive $161m

AgentSync has announced the successful completion of a $50m funding round, bringing their total funding to an impressive $161m.
Canopy Connect clinches $6.5m in a funding round led by Nevcaut Ventures

Canopy Connect clinches $6.5m in a funding round led by Nevcaut Ventures

Canopy Connect, a leading platform dedicated to collecting, verifying, and monitoring insurance data, is elated to announce a successful $6.5m Series A funding round.
Kota

Kota seals €5m funding to revamp employee benefits platform

Kota, an integrated platform aiming to streamline insurance and retirement benefits for contemporary teams, has secured €5m.
CoverForce revolutionises commercial insurance with one-click buying and $5m seed funding

CoverForce revolutionises commercial insurance with one-click buying and $5m seed funding

Emerging from stealth mode, InsurTech company CoverForce has introduced a dynamic suite of products tailored for agency networks, wholesalers, and software firms. The company's objective is to digitise an offline market, offering swift and accurate insurance comparisons and purchases with a single click.
InsurTech Laka pedals ahead with $8m funding and strategic acquisition

InsurTech Laka pedals ahead with $8m funding and strategic acquisition

The firm recently announced a successful funding round amounting to €7.6m ($8m). Leading the investment was the French mobility fund, Shift4Good.

News Stories

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens of thousands of independent agencies, and a growing volume of licensing and compliance transactions all play a role in how insurance products reach customers.

What the latest data says about the US insurance producer landscape

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens...
Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers in Malaysia and the Philippines.

Cover Genius expands Asia travel insurance footprint with Tongcheng Travel

Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers...
Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across organisations.

Sixfold enhances underwriting AI with institutional knowledge engine

Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across...
Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use of generative AI across protection insurance.

Aviva rolls out AI-powered critical illness underwriting capability

Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use...
Zego secures $28m to expand telematics in Japan

Zego secures $28m to expand telematics in Japan

Zego, a UK-based digital motor InsurTech, has announced a strategic partnership with Sompo Holdings, one of Japan's largest insurance groups, as part of a...
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