Funding Rounds

Breeze banks $10m to boost its disability and critical illness insurance offering

InsurTech Breeze closed a $10m Series A funding round led by Link Ventures with participation from Northwestern Mutual Future Ventures, Silicon Valley Bank, M25, Fiat Ventures and Invest Nebraska.

Chubb to acquire Cigna’s life and non-life insurance firms in select APAC markets

P&C insurer Chubb has entered a deal to buy the life and non-life insurance companies of Cigma in seven Asia Pacific markets for a total of $5.75bn.

How InsurTech firms and CyberTech startups are leading the FinTech sector among the 34...

While BharatPe’s massive Series E round may have secured the most headlines last week, CyberTech ventures bagged the most capital injections.

Employee InsurTech Onsurity bags $16m in Series A raise

Indian employee benefits platform Onsurity has raised $16m from a Series A funding round led by Quona Capital and Nexus Venture Partners.

MotoRefi extends Series B with extra $5m capital raise

Auto refinancing company MotoRefi has raised an additional $5m in its extended Series B funding round.

Chubb buys InsurTech to improve flood risk monitoring

Property and casualty insurer Chubb has acquired StreamLabs to improve its waterflow monitoring and claims capabilities.

Amplify closes its seed round to support its mission of driving wealth via insurance

Amplify Life Insurance, a provider of permanent life insurance, has collected $2.5m in its seed round.

Flood insurance firm reThought Insurance bags Series A funding

reThought Insurance, a digital MGA aimed at the flood insurance market, has closed its Series A round on $15.5m.

Virgin Galactic chairman backs connected car insurance startup Flock in $17m Series A round

Flock, a London-based InsurTech startup that provides usage-based insurance for fleets of commercial vehicles, has raised $17m funding in Series A round bringing its total funding to $22m.

Guros hits $30m valuation after close of latest funding round

Guros, an InsurTech helping transform buying insurance in Latin America, has netted $5.8m in funding, which puts its valuation at $30m.

News Stories

Faye raises $50m to power autonomous travel care

Faye raises $50m to power autonomous travel care

Faye, the AI-powered travel protection platform recognised as a TIME Best Invention and named a top provider by The Wall Street Journal, has closed...
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...
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