Funding Rounds

FloodFlash closes Series A to bolster flood insurance

FloodFlash, the parametric insurance technology company that pays catastrophic flood claims within 48 hours, has raised $15m in Series A funding.

SageSure secures $375m for property insurance

SageSure, a managing general underwriter and insurance technology innovator, has secured a $375m senior credit facility from funds managed by the US Direct Lending and Alternative Credit strategies of Ares Management Corporation.

Seyna lands €33m for the future of insurance

Paris-based insurer Seyna has raised €33m in a Series A round led by WhiteStar Capital and Elaia Capital.

Tokio Marina backs ICEYE for natural catastrophe risks

ICEYE, an expert in natural catastrophe (NatCat) solutions, has received an investment from Tokio Marine Holdings to develop insurance products.

Treasury management platform Vitesse PSP scores $26m

Vitesse PSP, a global payment and treasury management platform, has scored $26m in its Series B funding round.

Neobank Rewire to add insurance offering

Israel-based neobank Rewire, which provides services for expatriate workers, has raised a $25m strategic investment that it said will allow it to develop insurance products.

Topsail sails away with $50m

Reinsurance company based in the Cayman Islands Topsail has raised $50m from existing investors to continue its growth in the region.

Climate-focused InsurTech kWh Analytics raises $20m

kWh Analytics, which supports insurance for the climate, has received $20m in funding to support its expansion efforts.

Percayso gains funding to help insurers get more from their data

Insurance data intelligence provider Percayso Inform (Percayso) has raised £3.4m in a round led by Manchester-based venture capital investor Praetura Ventures.

ICEYE lands $136m for NatCat solutions

ICEYE, an expert in natural catastrophe (NatCat) solutions, has closed a $136m Series D funding round.

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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