Investors

SIMON unveils Nationwide as newest member of its InsurTech marketplace

SIMON Annuities and Insurance Services have added insurance and financial services business Nationwide as the newest carrier in its InsurTech Marketplace.

Car insurance app Noblr to be acquired by USAA

Insurance provider USAA is set to acquire US behaviour-based car insurance company Noblr for an undisclosed fee.

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.

How Latin American startups and InsurTechs stole the show among the 37 FinTech investments...

InsurTech companies continued their winning streak last week among the 37 FinTechs that raised big rounds.

Robinhood, Stripe, Wise, Nubank execs among others back InsurTech Justos in seed round

Brazilian auto insurance startup Justos raised $2.8m in a seed round led by one of the largest VC firms in Latin America Kaszek along with a slew of experienced angel investors including CEOs of seven unicorns.

MotoRefi secures Goldman Sachs backing in $45m Series B

US Auto FinTech MotoRefi has closed a $45m Series B round led by Goldman Sachs Asset Management’s Growth Equity team.

Cloud-based InsurTech Novidea adds $15m to its recently closed Series B round

Cloud-based solutions provider for the insurance industry Novidea increased its Series B funding by $15m, adding to $15m raised just six months ago.

How cybersecurity startups and neobanks scooped the most funds among last week’s 42 investment...

While Covid-19 continues to haunt us, the FinTech industry continues to rake in millions of dollars. Neobanks and cybersecurity companies were the top-scoring sectors to raise investment among the 42 rounds that FinTech Global reported on last week.

German InsurTech unicorn Wefox closes $650m Series C at $3bn valuation

Digital insurance startup Wefox raised $650m in a post-money valuation of $3bn led by Target Global.

News Stories

MoneySuperMarket, the UK’s most recommended price comparison service, has expanded its ChatGPT app to include home insurance, pet insurance, credit cards and personal loans, enabling users to re-run quotes and compare financial products directly within the ChatGPT interface.

MoneySuperMarket adds home, pet insurance to ChatGPT app

MoneySuperMarket, the UK’s most recommended price comparison service, has expanded its ChatGPT app to include home insurance, pet insurance, credit cards and personal loans,...
Mehrwerk, a data-driven provider of cashback and lifestyle protection services, and bolttech, a global InsurTech specialising in embedded insurance, have formed a strategic partnership to expand embedded insurance and value-added services across Germany and international markets.

Mehrwerk teams with bolttech to expand embedded services

Mehrwerk, a data-driven provider of cashback and lifestyle protection services, and bolttech, a global InsurTech specialising in embedded insurance, have formed a strategic partnership...
Markel Insurance, the insurance division of Markel Group Inc., has launched PlayMicro in Canada via its digital platform Markel Connect, a broker-focused portal for specialty insurance solutions.

Markel brings PlayMicro portal to Canadian brokers

Markel Insurance, the insurance division of Markel Group Inc., has launched PlayMicro in Canada via its digital platform Markel Connect, a broker-focused portal for...

Ripe debuts ChatGPT app for instant cycling cover quotes

Ripe, a UK-based digital managing general agent (MGA) specialising in niche insurance products, has launched a new ChatGPT app for its cycling insurance brand...
Leading P&C insurer Duck Creek Technologies has launched an insurance-native agentic AI platform designed to embed intelligent automation across the insurance lifecycle.

Duck Creek unveils agentic AI platform to boost automation

Leading P&C insurer Duck Creek Technologies has launched an insurance-native agentic AI platform designed to embed intelligent automation across the insurance lifecycle. The platform aims...
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