Funding Rounds

Estonian InsurTech DriveX steers to $1m round close

Estonian FinTech startup DriveX has closed a $1m investment round to help with its European expansion efforts.

ennabl, Relativity6 partner to bring tailored insurance advice to brokers

InsurTech startup ennabl has teamed up with data classification platform Relativity6 to help insurance brokers give tailored insurance to customers.

Nigerian InsurTech ETAP pulls in $1.5m

Nigerian InsurTech startup ETAP, which aims to make it easier to buy car insurance and make claims, has raised $1.5m in pre-seed funding.

Loop collects $25m for Indian health insurance

Loop, an Indian healthcare and insurance startup has raised $25m in a Series B round co-led by General Catalyst and Elevation Capital.

InsurTech SafetyWing inks $35m Series B

Insurance firm SafetyWing has secured $35m in a Series B funding round led by European growth investor Kinnevik.

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.

News Stories

Starpeak secures August Equity investment

Starpeak secures August Equity investment

August Equity, a UK-based private equity investor focused on lower-mid-market businesses, has agreed to invest in Starpeak, a specialist insurance distributor serving niche personal...

AEGIS London and Augentic unveil digital consortium

AEGIS London, a top-quartile Lloyd's syndicate, and Augentic, a tech-enabled MGA, have joined forces to launch a new cross-class digital follow consortium within the...
Why insurance’s distribution data goldmine matters now

Why insurance’s distribution data goldmine matters now

Insurance distribution has traditionally been treated as an operational challenge. Carriers, MGAs and agencies have invested in technology to onboard producers, manage licences and...

Alliant Insurance buys Nava in AI benefits push

Alliant Insurance Services, one of the largest insurance brokers and consultants in the US, has agreed to acquire Nava Benefits, the AI-native employee benefits...
RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk, the insurance brokerage that rewards property owners for reducing wildfire exposure, has completed a $12.5m Series A round. The financing was jointly led...
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