Funding Rounds

Atlantic InsurTech startup QuickFacts secures $1.13m for Canadian expansion

Halifax-based startup QuickFacts, dedicated to improving the insurance industry with technological disruption, has confirmed the successful completion of a funding round securing $1.13m.

Instabase achieves $2bn valuation post $45m Series C round, announces AI Hub platform launch

Instabase, the enterprise sector leader in Applied AI, today revealed the successful completion of its Series C funding round and the inauguration of its AI Hub. The firm specialises in crafting advanced AI applications and generative AI tools tailored for modern businesses.
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Braemont Capital injects $125m into premier insurance firm, Incline P&C Group

The premier insurance program market services firm, Incline P&C Group, has announced it has secured a significant investment of $125m.
Amsterdam-based InsurTech Insify attracts $10.7m

Amsterdam-based InsurTech Insify attracts $10.7m

Amsterdam-based InsurTech firm, Insify, has successfully sealed its Series A funding round by amassing an additional $10.7m.
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Meanwhile, the crypto-native life insurer, bags $19m seed funding

Meanwhile, a unique life insurer that operates solely in cryptocurrency, has announced that it has raised around $19m across two seed funding rounds.
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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.
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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.
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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.
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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.

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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