Funding Rounds

hippo-debut-catrastrophe-bond

Hippo Holdings’ Spinnaker Insurance secures $110m for debut catastrophe bond

Spinnaker Insurance Company, a fully owned subsidiary of Hippo Holdings, has announced a significant stride in the insurance industry, unveiling the successful sponsorship of a catastrophe bond from Mountain Re Ltd.
hyro-series-b-ai-in-healthcare

Hyro finalises $20m Series B funding to power AI conversations in healthcare

Hyro, a front-runner in the plug-and-play conversational artificial intelligence (AI) sphere, has announced the completion of a $20m Series B funding round.
InsurTech pioneer Sixfold emerges with $6.5m seed funding, revolutionising AI in insurance

InsurTech pioneer Sixfold emerges with $6.5m seed funding, revolutionising AI in insurance

Sixfold, a groundbreaking InsurTech startup, is introducing the first generative artificial intelligence (AI) specifically designed to tackle the most complex challenges faced by the insurance industry.
chelsea-avondale-home-insurance-series-c-funding

Chelsea Avondale bolsters Canadian home insurance portfolio with fresh series C funding

Chelsea Avondale, a pioneering home insurance group renowned for its underwriting using scientific risk models, has secured series C funding from an ensemble of prominent investors.
faye-bags-$10m-to-reimagine-travel-insurance

Travel InsurTech Faye bags $10m in series A to reimagine travel insurance

Faye, a burgeoning travel insurance start-up, has raised $10m in its Series A funding round.
1. Managed repair tech firm Westhill secures $13.5m in funding

Managed repair tech firm Westhill secures $13.5m in funding

Westhill Global, a technological firm with a focus on providing a comprehensive digital solution for managing post-property-claim repairs, has recently publicised the successful acquisition of a preferred funding round worth $13.5m.
InsurTech pioneer Obie secures $25.5m in Series B

InsurTech pioneer Obie secures $25.5m in Series B

Obie, a leading InsurTech startup, has today declared the successful raising of $25.5m in a Series B funding round.
bolttech-achieves-$1.6bn-valuation-series-B

Bolttech achieves $1.6bn valuation in Series B, defying global InsurTech funding trends

Bolttech, an international InsurTech company, recently announced a successful Series B fundraising round, achieving a valuation of $1.6bn.
we-fox-raises-funding-to-enhance-insurance-distribution

wefox raises $110m to enhance insurance distribution and tech platform

Berlin-based InsurTech firm, wefox, has successfully completed a funding round that has solidified its position as a leading force in the insurance technology industry.
catastrophe-exposed-sage-sure

Catastrophe-exposed insurance provider SageSure secures $250m investment

SageSure, a leading independent managing general underwriter specialising in providing catastrophe-exposed property insurance, has closed a $250m equity financing round.

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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