Funding Rounds

Cyber insurer Coalition enhances unicorn status with $205m Series E

Cyber insurance and security firm Coalition has raised $205m from a Series E funding round, lifting its valuation to $3.5bn.

Sureify collects $15m in it Series C round

InsurTech company Sureify has raked in $15m in its Series C funding round, which was led by Aspen Capital Group.

Underwriter Helios snaps up North Breache in £3.9m deal

Helios, an investment and underwriting arm of Lloyds of London, has acquired North Breache Underwriting in a deal worth a total of £3.9m.

BOXX secures $10m to grow international presence

Cyber insurance platform BOXX has collected $10m in its Series A funding round, as it looks to expand its international footprint.

Just Insure looking to enter new US states after funding round

Pay-per-mile insurance technology developer Just insure has netted $8m in a funding round, which will help it move into additional US states.

InsurTech unicorn bolttech extends its Series A

InsurTech unicorn bolttech, which develops insurance software, has extended its Series A round by another $30m.

Specialty finance firm Gracie Point closes $75m equity round

Gracie Point has secured closed a $75m issuance of preferred equity with investments from affiliates of Hudson Structured Capital Management (HSCM) and Kuvare.

Foxquilt bags funding to bolster growth in US and Canada

North American InsurTech company Foxquilt has bagged $8m in a funding round that will support its expansion across the US and Canada.

Sproutt eyes bolstered life insurance offering following $26m Series B raise

Life insurance firm Sproutt has raised $26m from a Series B funding round led by MoreTech Ventures.

InsurTech unicorn Groww in talks to close $250m in new investment round

Indian startup that helps millennials invest in mutual funds and stocks Groww is reportedly in talks to raise a new financing round at a $3bn valuation.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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