Investors

YuLife rakes in $120m from Series C raise

YuLife, an InsurTech firm, has raised $120m from a Series C funding round headed by Dai-ichi Life Insurance Company.  

Rivet pulls in $20.5m in Series B raise

Rivet, a healthcare billing platform, has scored $20.5m in a Series B round led by Catalyst Investors.

INSTANDA bags $45m from Toscafund-backed funding round

INSTANDA, a no-code insurance platform provider, has secured $45m in a funding round led by growth equity investment firm Toscafund.

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.

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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