Funding Rounds

BondAval secures $7m from Octopus Ventures-led seed round

InsurTech firm BondAval, which aims to democratise access to credit terms, has raised $7m from a seed funding round.

Hong Kong’s first virtual general insurer Avo scores more funding

Avo Insurance Company, which identifies as Hong Kong’s first virtual general insurance company, has secured an additional HDK 260 ($33.4m) in funding.

Product protection startup Mulberry gets funding boost

Mulberry, which provides product protection services to consumers, has collected $22m in its Series B round.

Surer collects seed funds after a successful first year of launch

Singapore-based Surer, a cloud-based InsurTech platform, has collected $1m in its seed round.

InsurTech Ennabl claims to have raised $4m in funding

Insurance startup Ennabl has raised $4m in new funding according to filings submitted with the Securities and Exchange Commission (SEC).

Cyber insurer At-Bay inks further $20m to extended Series D

Cyber insurance platform At-Bay has extended its Series D funding round with a further $20m raise.

Redesigning fleet insurance – Humn collects Series A

Motor fleet insurance pricing service Humn has collected £10.1m in its Series A, which was led by BXR Group and Shell Ventures.

Crabi to use seed funding to help more Mexicans access auto insurance

Mexico-based InsurTech company Crabi has reportedly collected $4m in seed funding, to support its mission of improving auto insurance in the country.

AlgoDriven secures Series A to help insurers assess used car prices

AlgoDriven, which helps vehicle dealers, insurance firms and lenders to get the accurate prices for cars, has received $2m in its Series A funding round.

New insurance accelerator plans to bring startups to market within six months

Insurance corporate accelerator MLTPLY has launched with the aim of helping InsurTech startups be market-ready within half a year.

News Stories

TPG-backed Third Wave broadens regional brokerage reach

TPG-backed Third Wave broadens regional brokerage reach

Third Wave Insurance, the retail insurance brokerage platform backed by global alternative asset manager TPG, has agreed to acquire five insurance and advisory firms...
Why Cover Genius snapped up Berlin's Friendsurance

Why Cover Genius snapped up Berlin’s Friendsurance

Cover Genius, the embedded protection infrastructure firm, has bought Berlin-based InsurTech Friendsurance, deepening its footprint in European bancassurance and reinforcing its reach across Germany,...
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,...
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