Pacific Lake backs OneShield
OneShield Software, a provider of core software solutions to property and casualty insurance companies, has received a $50m follow-on investment.
BlackRock to loan Root Insurance $300m
Root, the parent company of Root Insurance, has closed a term loan facility with BlackRock Financial Management.
DigitalOwl lands Series A for medical record technology
DigitalOwl, a Natural Language Processing (NLP) technology for deeply analysing and summarising medical records that aids insurers, has raised $20m in Series A funding.
Laka scores €10.6m funding to advance bicycle insurance offering
Bicycle insurance platform Laka has raised €10.6m in a Series A round of funding led by US mobility investor Autotech Ventures.
Zenjuries pulls in $2.2m for worker compensation insurance
InsurTech Zenjuries, provider of worker compensation automation software for handling claims and reducing loss costs, has raised $2.2m.
Route joins unicorn club in third year of operation
Route, the post-purchase experience platform and delivery insurance provider, has closed a $200m Series B round, propelling the company to a $1.25bn valuation.
Sayata extends Series A for business insurance
Insurance broker marketplace Sayata has raised an additional $35m to the previous $17m raised just five months ago in its Series A round.
Five Sigma extends Series A for claims management
Five Sigma, a cloud-native claims management solution provider, has extended its Series A round from Aquiline Technology Growth (ATG), bringing the company's total funding to date to over $20m.
Tencent backs InsurTech Reask for nat cat modelling
InsurTech Reask, a science and technology company focusing on natural hazard modelling, has closed its seed funding round led by Tencent.
Finsall said to raise $1.6m in pre-Series A
InsurTech company Finsall has reportedly raised INR 12 crore ($1.6m) in its pre-Series A funding round.
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