Funding Rounds

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.

InsurTech iCover secures funding to expand footprint, bolster expertise

Missouri-based underwriting platform iCover has raised an undisclosed amount of seed funding from a number of unnamed backers.

News Stories

Insurers move beyond AI pilots as governance takes control

Insurers move beyond AI pilots as governance takes control

The insurance sector is moving from AI experimentation towards more structured adoption, with governance, accountability and decision intelligence emerging as key priorities at MGAA...
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...
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