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

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...
227198

60,000+ InsurTech leaders get exclusive insights delivered every week