Transverse Insurance unveils InsurTech fund
Transverse Insurance Group, a property & casualty (P&C) carrier, has launched a venture capital fund, Transverse Ventures Fund I, that will focus on early-stage investments in insurance and InsurTech.
InsurTech SafetyWing inks $35m Series B
Insurance firm SafetyWing has secured $35m in a Series B funding round led by European growth investor Kinnevik.
Xempus inks $70m in Goldman Sachs-led Series D
InsurTech Xempus has bagged $70m in funding from a Series D financing round led by Goldman Sachs Asset Management.
InsurTech startup Stable rakes in $3.3m funding
Stable, an InsurTech that claims it is creating fit-for-purpose insurance for owners of rideshare and carshare vehicles, has bagged $3.3m from a funding round.
Qumata eyes expansion following $23m Series A
Qumata, a provider of a ML/AI underwriting solution, has raised $23m from a Series A extension round.
Insurer Stubben Edge reels in £10m funding
UK-based InsurTech firm Stubben Edge has raised £10m from an investment round that including firms such as Lloyd’s Names and a range of institutional investors.
Laka scores €10.6m funding to advance bicycle insurance offering
Bicycle insurance platform Laka has raised €10.6m in a Series A round of funding led by US mobility investor Autotech Ventures.
Cyber InsurTech Stoïk bags €3.8m to push forward development
French firm Stoïk has raised €3.8m from a new funding round to help the company with its development efforts.
Broker Insights lands £6m Series A to accelerate international expansion
Searchable insurance platform Broker Insights has secured £6m from a Series A funding round led by Mercia Asset Management.
InsurTech Genasys to scale up with Frog Capital
South Africa-based insurance software solutions provider, Genasys, has received $16m from leading software scale-up investor, Frog Capital.
The investment will see Frog take a significant...
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