Funding Rounds

InsurTech Insoore scores €5.5m

Italian InsurTech Insoore has raised €5.5m in a recent funding round to boost video and photograph-based claim management.

InsurTech Emma pulls in $6m for life insurance in Canada

Canadian InsurTech Emma has closed a $6m Series A funding round led by prominent Canadian investors Life Capital, Investissement Québec, and Tactico.

Insurance brokerage platform Newfront raises $200m

Newfront, a modern insurance brokerage platform, has raised $200m at a $2.2bn valuation.

EvolutionIQ pulls in $21m

EvolutionIQ, a claims guidance platform for insurance carriers, has raised $21m in Series A funding.

Tractable teams up with Duck Creek for AI-powered solutions

Tractable, a provider of artificial intelligence (AI) to accelerate accident and disaster recovery, is to integrate its solutions into Duck Creek Technologies platform.

Sigo Seguros secures funding for underserved hispanic market

Sigo Seguros, an InsurTech startup determined to close the insurance gap within Latinx and immigrant communities, has raised $5.4m in its seed funding round.

Digital insurer Covr collects $15m

Covr Financial Technologies, a digital life insurance platform, has raised $15m in Series B funding.

Relativity6 collects seed fund to expand its underwriting capabilities

Relativity6, an AI platform for industry classification, has raised $5.25m in a seed funding round led by Fin Capital.

Co-operators backs Geosapiens’ climate risk mission

Geosapiens, a Canadian company specialising in flood risk modelling and analysis, has closed its first round of financing with an investment from Co-operators.

Bluezone raises £1.5m for life insurance offering

Bluezone, an InsurTech reinventing life insurance for people with chronic illnesses, has raised £1.5m in seed funding.

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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