Investors

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.

RV rental marketplace Outdoorsy banks $120m to boost expansion of its InsurTech arm Roamly

Global online RV rental and outdoor travel marketplace, Outdoorsy, raised $120m in equity and debt financing to drive its growth and expansion of its InsurTech business, Roamly.

InsurTech Redkik reels in fresh investment to transform marine cargo insurance

Global InsurTech with a mission to simplify the marine cargo insurance industry Redkik closed an investment round led by business angel Ilari Schouwvlieger, along with North Karelia Growth Fund managed by venture capital firm Redstone, and StartUp Fund Joensuu.

How payment companies struck gold among the 51 rounds raised last week

Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.

Partech backs InsurTech Hoggo in $11m Series A

Health and risk insurance firm Hoggo has raised $11m from a Series A round led by venture capital firm Partech.

InsurTech Insurama bags $6m seed funding

Spanish insurance distribution business Insurama has secured $6m from a recent seed funding round.

Jaguar Land Rover backs ex-Apple exec-founded Caura in $4.2m round to develop in-car payments

UK-based vehicle management platform Caura secured $4.2m in seed funding to develop its application and integrate with in-car infotainment systems.

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).

News Stories

Why insurers can't afford the actuary vs data scientist divide

The hybrid actuarial role reshaping insurance pricing

Insurers face a growing dilemma: machine learning promises sharper pricing, yet models must remain explainable, compliant and commercially viable. According to Akur8, the answer...
How AI can rescue cyber submissions from the black hole

How AI can rescue cyber submissions from the black hole

Commercial insurance is wrestling with a silent crisis that IntellectAI has dubbed the "submission black hole", the unmanaged space inside a carrier's infrastructure where...
Klaimee raises $5.5m for AI agent liability cover

Klaimee raises $5.5m for AI agent liability cover

Klaimee, a Y Combinator-backed InsurTech offering insurance-backed performance warranties for AI agents, has secured $5.5m in seed funding. The round was led by FundersClub, with...
Carpe unveils Carpe Claims suite for agentic insurance era

Carpe unveils Carpe Claims suite for agentic insurance era

Carpe, an InsurTech firm that delivers AI-driven intelligence to insurers, has unveiled Carpe Claims, a unified suite combining ten years of claims expertise with...
Lemonade expands renters cover into Nebraska

Lemonade expands renters cover into Nebraska

Lemonade, a technology-driven insurance provider, has rolled out its renters insurance product in Nebraska, opening up its digital-first coverage to tenants across the state. The...
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