Warburg Pincus invests $350m to launch InsurTech Oona
Global growth investor Warburg Pincus has committed $350m to set up Southeast Asian digital insurance platform Oona.
French InsurTech Neat pulls in €10m
French insurance startup Neat, which says it is reinventing the protection of goods and services, has reportedly raised €10m in funding.
LuckyTruck bags $2.4m to serve commercial trucking
LuckyTruck, a tech-enabled retail insurance agent focused exclusively on trucking, has raised $2.4m in a seed extension.
ChAI closes seed to boost its commodities price risk insurance
Commodities AI (ChAI), which is insuring commodities price risk, has closed its seed round as it expands into new markets.
Lukango closes pre-seed for its custom business insurance
Lukango, an InsurTech that offers custom insurance built around small businesses, reportedly £275,000 in its pre-seed round.
Safely bags $12m for short-term home rental protection
Safely, a provider in short-term home rental protection, has raised $12m to scale its insurance platform.
Otonomi bags $3.4m for parametric cargo insurance
Otonomi, an InsurTech and parametric cargo insurance platform, has raised $3.4m in a funding round.
SecondSight secures $3m, exits stealth to shake up cyber insurance
Cyber insurer SecondSight has exited stealth with the launch of its AI-driven platform and an oversubscribed $3m seed round.
Singapore InsurTech unicorn bolttech bags Series B
Singapore-based InsurTech bolttech has secured Series B funding in a round led by Tokio Marine.
State Farm backs ADT
Home and business security company ADT has closed a $1.2bn equity investment from State Farm Insurance, a US-based group of mutual insurance companies.
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