Funding Rounds

InsurTech startup Assured Allies scores $18.3m in its Series A

Assured Allies, which claims to help people make the most of retirement, has scored $18.3m in its Series A investment round.

France-based Assurly said to raise €6m seed round

Mortgage insurance provider Assurly has reportedly collected €6m in seed funding.

Indian cricket captain Virat Kohli-backed Digit insurance hits $3.5bn value after fresh funding

Bengaluru-based general insurance company offering health, car, bike, and travel insurance Digit Insurance valued at $3.5bn after raising $200m led by Faering Capital.

The 29 FinTech rounds raised last week prove that crypto firms and InsurTechs will...

The FinTech space continues to grow with no sign of slowing down and the 29 rounds raised week prove that, with cryptocurrency companies and InsurTechs being the leading sub-sectors.

RoofMarketplace said to raise $1.1m in its seed round

RoofMarketplace has reportedly netted $1.1m in its seed funding round to support its national expansion.

Israeli VC JVP leads $35m funding for INSHUR to help scale its auto insurance...

Global commercial InsurTech INSHUR completed an additional Series B which brought the total funding to $35m led by JVP alongside existing investors Viola Fintech and MTech Capital.

InsurTech platform EIS scores $100m funding from TPG to drive growth

San Francisco-based insurance technology firm EIS scored $100m in new growth funding from private equity investor TPG.

Singaporean InsurTech Bolttech wins unicorn status with Activant-led $180m Series A

InsurTech startup Bolttech raised $180m in a funding round, led by private investment firm Activant Capital Group, that valued it at more than $1bn.

London-based SaaS InsurTech Hyperexponential closes $18m round

InsurTech Hyperexponential (hx) which has mathematical modelling software for the commercial insurance sector has closed an $18m funding round led by growth capital fund Highland Europe.

Allianz underlines potential opportunities and disruptions for insurance sector

In a recent fireside chat, Quantexa CEO Vishal Marria spoke with Allianz Technology CFO Andrea Pettinelli to discuss where Allianz sees growth opportunities in the insurance space alongside potential disruptions caused by big market players entering the sector.

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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