Funding Rounds

Finclusion backs Kenyan InsurTech mTek

mTek, a Kenya-based InsurTech that provides a digital insurance platform, has raised $3m in debt and equity, including a commitment from African-focused FinTech platform Finclusion Group.

Pet insurance is taking InsurTech by storm and Crypto continues to perform despite investor...

This week saw a strong 37 deals take place, which showcased the continued attraction of the InsurTech industry, with growing attention being paid to pet insurance, as well as continued investment in Blockchain & Crypto, despite predictions this could be about to burst.

Bike insurance startup Laka nabs Series A ahead of European expansion

Bicycle insurance startup Laka has netted $13.5m in its Series A funding round as it gears up for European expansion.

InsurTech Wefox eyes future funding

German digital insurer Wefox is reportedly in discussions to raise funding at a valuation of $5-6bn in the coming weeks.

InsurTech startup Ledger Investing lands $75m

InsurTech startup Ledger Investing has raised $75m in Series B funding led by WestCap to democratise insurance risk capital.

Omio rides the global travel wave with $80m fresh funding

Omio, a ground transportation platform and travel insurer, has raised $80m amid surging travel.

Rivet pulls in $20.5m in Series B raise

Rivet, a healthcare billing platform, has scored $20.5m in a Series B round led by Catalyst Investors.

Openly secures $75m to empower independent insurance agents

Openly, a technology-enabled provider of premium homeowners’ insurance through independent agents, has raises $75m in Series C funding.

Artificial Labs pulls in £9.5m for better underwriting

Artificial Labs, an insurance software company that provides an algorithmic underwriting platform, has raised £9.5m in Series A funding.

Pawlicy Advisor lands $12m for pet insurance education

Pet insurance marketplace Pawlicy Advisor, has raised $12m in Series B funding and expanded into veterinary corporate groups in an effort to transform pet insurance education.

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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