Funding Rounds

inari-bags-5-2m-to-revolutionise-global-insurance-tech-infrastructure

Inari bags $5.2m to revolutionise global insurance tech infrastructure

Inari, described as a "core technology infrastructure provider for the global insurance and reinsurance industry", has successfully secured $5.2m in a seed funding round. This was led by Caixa Capital Risc, operating through Criteria Venture Tech.
DGTAL

DGTAL clinches €3m in strategic funding to boost AI-driven insurance tools

DGTAL, a firm offering a SaaS platform with AI capabilities for insurance portfolios, has announced a significant €3m in strategic funding.
CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimisation, has completed a $24m Series C funding round.

CLARA Analytics secures $24m in latest funding round

CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimisation, has completed a $24m Series C funding round.
Onsurity introduces new cyber insurance for India's SMEs

Onsurity introduces new cyber insurance for India’s SMEs

Onsurity, a Bengaluru-based firm and India's premier monthly subscription-led employee healthcare benefits provider, has unveiled its latest offering for India's SME sector.
Akur8

InsurTech disruptor Akur8 scores $25m investment

Akur8, a firm specialising in next-generation insurance pricing via Transparent AI, has successfully closed a new funding round to the tune of $25m.

Frontier Risk raises $3m from Snoop Dogg-backed firm in seed round

Frontier Risk, a digital broker dedicated to the cannabis sector, announced that it has secured $3m in its seed funding round led by led by Snoop Dogg’s Casa Verde.
NOW

NOW Insurance garners fresh funding from Arch Capital Group

NOW Insurance, an AI-integrated commercial insurance platform focusing on medical professional liability coverage, has secured funding.

Square Insurance joins Recur Club’s portfolio with $1m funding boost

India-based Square Insurance Brokers Private Limited, a Rajasthan-based firm authorised by IRDA under the Insurance Brokers Regulations of 2002, has just added another feather to its cap.
Irish FinTech powerhouse Fineos secures $40m in latest funding round

Irish FinTech powerhouse Fineos secures $40m in latest funding round

Irish FinTech company, Fineos, primarily known for its prowess in the insurance software segment, has impressively clinched a $40m investment to fortify its financial foundation.

Climate-focused Demex bags $5m to transform the reinsurance market

The Demex Group, described as the innovators behind unprecedented reinsurance solutions tackling accumulating losses from secondary perils, has successfully garnered an investment of $5m.

News Stories

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre, the insurance group, has agreed to take a holding in Tuio, a specialist digital insurance distributor built on advanced technology and a mature...
Verisk deepens event response with MIS acquisition

Verisk deepens event response with MIS acquisition

Verisk, a strategic data analytics and technology partner serving the global insurance sector, has completed the purchase of McKenzie Intelligence Services (MIS), a firm...
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...
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