Funding Rounds

Travel insurance Faye nets seed just month after launch from stealth

Whole-trip travel insurance startup Faye has scored $8m in its seed round, which was led by Viola Ventures and F2 Venture Capital.

Industry-first no-code insurer CoverGo receives Series A backing

CoverGo, a no-code SaaS insurance platform, has closed its Series A funding round on $15m, as it eyes international growth.

Healthy lifestyle reward credit card Ness scores funding and launches debut product

Ness, a FinTech that builds credit cards to reduce the cost of wellcare, has raised $15.5m alongside the official launch of its first product, Ness Rewards App.

InsurTech startup SALT scores Series A

SALT, an InsurTech built for the home and auto insurance market, has scored a $2m Series A investment

SURE closes $150m catastrophe bond transaction

SureChoice Underwriter Reciprocal Exchange (SURE), whose policies are available through US-based residential property managing general underwriter SageSure, has closed a $150m private placement catastrophe bond transaction.

BeSafe Group lands €1.2m for traveller security

Italian travel InsurTech BeSafe Group has raised €1.2m to accelerate the development of tech and insurance services for European tourism.

FutureProof Technologies pulls in $6.5m amid escalating climate risk

FutureProof Technologies, a climate-orientated property & casualty (P&C) InsurTech, has raised $6.5m in capital.

French insurer Alan secures €183m for European mission

Alan, a French health insurance provider that describes itself as “the all-in-one wellness provider”, has raised €183m in Series E funding.

Getlife sets out to shake up European life insurance

Getlife, a Madrid-based InsurTech startup, has raised $6.3m in a seed funding round led by French VC Singular.

Indian unicorn Digit Insurance hits $4bn valuation

Indian InsurTech unicorn Digit Insurance has reportedly raised INR 417 crore ($54.6m) in fresh funding, which brings its valuation to $4bn.

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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