PCF Insurance raises $400m in incremental financing
PCF Insurance Services has secured $400m in incremental debt financing as it looks to accelerate its M&A strategy for expansion.
Jerry’s AI-powered revolution in car insurance accelerates with $110m raise
Jerry, a service known for its PriceProtect technology that helps car owners find optimal insurance rates, has doubled its offerings.
InsurTech firm Mosaic secures strategic growth investment
Specialty insurer, Mosaic Insurance, has secured strategic investment from two prominent US growth-capital providers.
Although the exact amount of investment hasn't been disclosed, the agreement...
Tiger Brokers launches industry’s first AI chatbox
Tiger Brokers has announced the launch an AI chatbox which has been deemed the first of its kind across the brokerage industry.
Vesttoo lay off 75% of staff and close multiple offices amid fraud scandal
FinTech company Vesttoo has shockingly announced that it will be laying off 75% of its staff in wake of its fraud scandal.
Converge Insurance raises $15m from Forgepoint Capital
Converge Insurance, a leading managing general agent (MGA) specialising in cyber risk management and underwriting, announced its successful raising of $15m in Series A funding.
The importance of external and internal vulnerability scanning in cyber underwriting
InsurTech company KYND recently released a report exploring whether external or internal vulnerability scanning is more useful to assess a company's cyber posture.
Blitz Insurance collaborates with Ascend for payment and financing in InsurTech
Blitz Insurance, a specialty insurance carrier, and Ascend, a first-of-its-kind insurance payments platform, have announced a strategic partnership aimed at modernising payment experiences for insurance brokers in specialty markets.
QBE North America and Converge launch cyber insurance program
QBE North America has launched a new cyber insurance program with Converge, a new MGA that will act as program administrator.
Pen Underwriting launches new UK division to drive growth
Pen Underwriting has recently announced changes to its divisional structure as it aims to continue its growth.
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