Funding Rounds

Hellas Direct snares €32m in EBRD-backed funding round

Greek insurance firm Hellas Direct has raised $32m in funding round supported by the European Bank for Reconstruction and Development (EBRD).

InsurTech100 company Akur8 closes $30m Series B to support international expansion

AI-powered insurance pricing solution Akur8 has closed its Series B on $30m to support its international expansion.

Handdii nets $3m through its first institutional investment

Handdii, which is looking to digitise and simplify the property claims experience, has closed its seed round on $3m.

Afterpay, Zip founders pour AU$15.5m in seed round for InsurTech Honey Insurance

Aussie InsurTech Honey Insurance secured AU$15.5m (about $11.9m) in seed funding, the largest seed round in Australian history for a technology company.

Betterfly closes $60m Series B hot off the heels of former round

Betterfly, an InsurTech startup, has closed its Series B on $60m, coming just six months after its former round.

Tractable enters billion-dollar club after $60m Series D investment led by Insight Partners and...

Tractable raised $60m in a late-stage funding round led by investors Insight Partners and Georgian, which values the AI startup at $1bn, making it the first British computer vision-oriented startup to do so, according to the company.

What Nubank and Klarna’s colossal rounds from last week reveal about the FinTech industry

While Nubank’s massive Series G round and Klarna's $40bn valuation may have secured the most headlines last week, CyberTech and cryptocurrency ventures bagged the most capital injections.

Embroker secures $100m Series C to expand business insurance offering

Digital insurance company Embroker has raised $100m from a Series C funding round led by FTV Capital.

Branch banks $50m to tackle the root problem of the insurance sector

Home and auto insurance startup Branch Insurance raised $50m in Series B funding led by Anthemis Group.

Certificial closes $5.8m in its Series A round

Certificial, which offers real-time certificate of insurance (COI) issuance and compliance management, has closed its Series A round on $5.8m.

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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