Funding Rounds

Five Sigma snares $12m Series A to speed-up growth and expansion plans

InsurTech firm Five Sigma has reeled in $12m from a Series A funding round led by 83North.

Vouch inks $90m in funding and expands insurance footprint

Business insurance firm Vouch has raised $90m in new funding as well as bolstering its reach in the InsurTech market.

Rey Assurance emerges out of stealth with $1m pre-seed

InsurTech Rey Assurance has reeled in $1m in pre-seed funding to unveil its subscription-based digital insurance products in Indonesia.

KLAIM secures $1.6m in pre-Series A funding

KLAIM, which buys healthcare claims from healthcare providers to alleviate them from cash flow troubles caused by insurance companies, has bagged $1.6m in its pre-Series A round.

Renters platform Jetty receives funding from American insurer

Jetty, which hopes to make renting more affordable, has received an investment from Farmers Insurance, an American insurer group.

InsurTech Marshmallow becomes Britain’s second Black-owned unicorn after fresh funding

Digital motor insurer Marshmallow has raised $85m, valuing it at more than $1.25bn and making it the second British Black-founded unicorn.

Brazil-based Pier reportedly raises $20m in its Series B

Brazilian InsurTech company Pier has reportedly raised $20m in its Series B funding round, as it looks to receive regulatory approval.

Kalepa said to raise $14m in its Series A round

Kalepa, which provides AI-powered decision support for commercial Insurance underwriters, has reportedly raised $14m in its Series A round.

InsurTech AgentSync raises $25m in Series A funding round

US-based InsurTech AgentSync secured $25m in a new Series A funding round co-led by Lead Gil and David Sacks’ Craft Ventures.

Thailand-based InsurTech startup Sunday nets Series B round

Thailand-based InsurTech startup Sunday has reportedly collected $45m in its Series B funding round,

News Stories

Why insurance personalisation is still stuck in the data gap

Why insurance personalisation is still stuck in the data gap

Insurers have invested significantly in customer data, segmentation and behavioural analytics to improve engagement. However, many still face challenges when turning those insights into...
Octave taps Cytora technology for new MGA launches

Octave taps Cytora technology for new MGA launches

Cytora, an AI-powered risk processing platform for commercial insurers, has entered a partnership with Octave Specialty Group, a specialty insurance platform that builds, buys...
Plaid and Sierra unlock AI-powered financial workflows

Plaid and Sierra unlock AI-powered financial workflows

Plaid, a financial technology company that enables consumers to securely connect their financial accounts with apps and services, has partnered with Sierra, an AI...

Angelica Solutions adds pricing expert Illingworth

Angelica Solutions, the UK insurance consultancy specialising in data-driven and actuarial solutions for insurers, MGAs and InsurTechs, has appointed Amy Illingworth as a senior...
Federato

Federato launches Claims to close loss ratio gaps

Federato, the AI-native platform for the full insurance policy lifecycle, has launched Federato Claims, an end-to-end claims management system built on the same technology...
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