Funding Rounds

Honeycomb poised to “change the game of real estate insurance”

Israel-based InsurTech startup Honeycomb Insurance has secured $15.4m in a Series A funding round led by Ibex Investors, a report by Coverager has revealed.

Foresight lands funding for worker compensation

Foresight Group, an insurer of high-hazard clients, has raised $39m in Series B funding for its technology-based workers’ compensation programme, a report by Insurance Innovation Reporter has revealed.

Smartcar lands funding for its mobility API solution

Smartcar, an API developer platform for connected vehicles, has closed a $24m Series B round led by Energize Ventures.

Digit Insurance said to raise $70m investment

India-based InsurTech unicorn Digit Insurance has reportedly raised $70m from Wellington Hadley Harbor and Ithan Creek Master Investors.

Accelerant secures funding for data-driven underwriting

Accelerant, an InsurTech empowering underwriters with superior risk exchange and data analytics coupled with long-term capacity commitments, has raised in excess of $190m at a $2bn pre-money valuation.

Cyber insurance startup Baobab nets pre-seed

Baobab, which bundles cybersecurity and cyber insurance services, has reportedly collected €3.5m in its pre-seed funding round.

Amplify gets backing for life insurance investment product

Amplify Life Insurance, a digital life insurance platform focused on helping customers build wealth through permanent life insurance, has raised $12m in Series A funding.

Seel secures Series A for e-commerce insurance

San Francisco-based Seel, which offers insurance for e-commerce companies, has raised $17m in Series A funding, bringing its total funding to $23.6m, according to a report from TechCrunch.

Cyber InsurTech Stoïk bags €3.8m to push forward development

French firm Stoïk has raised €3.8m from a new funding round to help the company with its development efforts.

InsurTech for elderly The Helper Bees bags Series B

The Helper Bees, an InsurTech company aimed at helping elderly people avoid care homes, has raised $12.8m in its Series B funding round.

News Stories

Why pension transition overviews fail to communicate

Dutch pension insurers are producing transition overviews that tick every legal box and still leave participants fundamentally confused about what is happening to their...
Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company.

Beazley investors back £8.1bn Zurich takeover deal

Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company. The deal was backed by 99.9% of votes...
Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they share their insurance information.

Canopy Connect adds multi-option sharing path to intake platform

Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they...
The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers.

Rising home insurance premiums add pressure for first-time buyers

The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers. The company’s latest analysis...
EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part of a new overseas travel insurance offering.

Tokio Marine adopts ClaimPulse to automate travel insurance FNOL

EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part...
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