Funding Rounds

GloveBox secures $5.5m for its insurance client experience platform

GloveBox, a client experience platform for insurance agents and carriers, has raised $5.5m in Series A funding.

Paris InsurTech Orus lands €5m for business insurance

Paris-based InsurTech Orus has raised €5m in funding for its mission of reinventing professional insurance.

YuLife rakes in $120m from Series C raise

YuLife, an InsurTech firm, has raised $120m from a Series C funding round headed by Dai-ichi Life Insurance Company.  

Sydney startup Upcover secures $4.7m for SMB insurance

Sydney-based insurance startup Upcover has raised $4.7m in a seed funding round to further its mission to simplify insurance for Australian small businesses.

InsurTech startup Konsileo closes Series A

Commercial insurance broker and risk management adviser Konsileo has closed its Series A on £4.7m.

Flume Health scores $30m in its Series A

Flume Health, a health-plan-as-a-service platform, has scored $30m in its Series A funding round, which was led by Optum Ventures.

Spot collects $33m for alternative to “broken US health insurance”

Spot, a startup offering on-demand injury insurance in the US, has raised $33m in funding comprising $25m in equity and $8m in debt.

Mali InsurTech OKO secures funding to support smallholder farmers

OKO, a Mali-based InsurTech which aims to promote economic resilience to farmers in emerging markets, has raised $500,000 in a seed extension round.

Cyber InsurTech Stoïk lands Series A six months after seed round

Stoïk, a cyber InsurTech for small to medium-sized enterprises (SMEs), has raised €11m in Series A funding.

Sandbox InsurTech Ventures backs Confianza’s seed round

Confianza, a provider of comprehensive data analytics and machine learning to insurance agents, brokers, and carriers throughout the US, has closed a seed funding 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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