Shift Technology accelerates growth drive following $60m Series C

March 6, 2019

AI-powered InsurTech Shift Technology is powering on with its expansion plans following a $60m Series C funding round led by Bessemer Venture Partners. The round, which was joined...

Allianz bumps up VC fund size to ?1bn with eyes on InsurTechs

February 20, 2019

Allianz X, the VC arm of insurance giant Allianz has upped its fund size to ?1bn after securing additional investment from?the parent company.The fund's...

It’s still a ‘minefield’ of challenges facing the InsurTech space

February 20, 2019

Getting InsurTechs to the point where they can test the product-market fit of their proposition is too prolonged and costly, according to InsurTech Gateway head of deal flow Charlie Evans.

Clover Health bags $500m in latest funding round

February 4, 2019

InsurTech Clover Health has reportedly raised $500m in a funding round led by existing backer Greenoaks Capital. The round which is set to close in the...

Santam picks up minority stake in Ctrl

January 31, 2019

South African Insurance major Santam has made a minority investment in InsurTech start-up CTRL. Ctrl provides short-term car and house insurance through an independent advice app,...

Turtlemint secures $25m of funding in Sequoia India-led round

January 21, 2019

Indian InsurTech Turtlemint has raised $25m in a funding round led by Sequoia India.The long-time FinTech investor was joined in the round by existing...

China’s Dongguan launches CNY1.5bn fund of funds to boost fintech, cutting edge industry

December 17, 2018

The Chinese city of Dongguan has launched a CNY1.5bn ($217m) fund of funds vehicle looking to boost investment in the region across areas including fintech, smart manufacturing and mass consumption.

Odysseus, APICIL launch €10m dedicated InsurTech fund

December 12, 2018

Odysseus Alternative Ventures has partnered with APICIL Group to launch a new InsurTech-dedicated investment fund.

MAPFRE invests €25m in Mundi Ventures InsurTech fund

November 22, 2018

Global insurance group MAPFRE has become the anchor investor in Mundi Ventures’ Alma Mundi Insurtech Fund, FCRE after committing €25m. The venture fund will focus...

Analytics business Understory raises $7.5m

November 20, 2018

Weather network and data business Understory has raised $7.5m in a funding round led by 4490 Ventures. Understory processes data from forecasted weather events to...