Funding Rounds

Federato, an innovative InsurTech firm, introduced as the insurance industry's premier RiskOps underwriting platform, disclosed today a successful $25m Series B fundraising round.

1Fort, an innovative cyber insurance automation platform, has recently achieved a significant financial milestone. The firm, which aims to streamline the cyber insurance procurement process for middle to large businesses and insurance brokers, has secured $2m in pre-seed funding.

Inigo Insurance, an expeditiously expanding Lloyd’s syndicate specialising in high-risk, high-capacity insurance and reinsurance lines, has announced a partnership with hyperexponential (hx), the creators of the Renew platform. hx is renowned for its platform, which has been widely adopted by several fast-growing specialty (re)insurers and MGAs.

Automotive lifestyle brand Hagerty, recognised as a leading specialty insurance provider for the global automotive enthusiast market, has announced a capital raise of $105m.

Raincoat, a firm tackling the challenge of providing scalable climate insurance solutions, has announced additional seed funding of $6.5m. 

Slide Insurance, a firm with a specialised focus on homeowners insurance, has announced a noteworthy stride in its financial journey.

Parrot, a technology-based court reporting firm, revealed today its innovative AI-enabled platform, designed specifically to assist insurance providers and legal firms expedite case resolutions...

Breach, an up-and-coming InsurTech enterprise dedicated to devising insurance technology and products for the burgeoning cryptocurrency market, is riding high on the wave of success following its latest developments.

Reask, an innovative company leveraging artificial intelligence (AI) to interpret and predict extreme global weather conditions, announced a successful investment funding total of $6.55m.

Thinksurance, a firm specialising in digital insurance consultations, has successfully raised a hefty €22m in its latest funding round.