Porch Group buys Homeowners of America Holding Corporation in $100m deal
InsurTech Porch Group has acquired insurance carrier Homeowners of America Holding Corporation and all of its subsidiaries for a cool $100m.
InsurTech NY and the Bermuda Business Development Agency launch $200,000 InsurTech competition
Innovation hub InsurTech NY has teamed up with the Bermuda Business Development Agency to launch the 2021 InsurTech Early-Stage Competition where 100 startups can compete for a total of $200,000.
Nayms said to raise £1.5m in funding
Nayms, which empowers cryptocurrency investors to reinsure crypto-risk, has reportedly netted £1.5m in seed equity.
Insuritas inks deals with First Southern Bank of Georgia
InsurTech Insuritas has announced a partnership with First Southern Bank of Georgia to create its first digital insurance agency.
InsurTech startup LeoCare nets €15m in new funding
InsurTech startup LeoCare has reportedly netted €15m in a funding round, which was backed by Felix Capital, Ventech and Daphni.
France-based InsurTech Lovys said to raise €17m in funding
Mobile-based insurance platform Lovys has reportedly collected €17m in its Series A funding round, which will help it to expand internationally.
Arbol raises about $7m in Series A
InsurTech Arbol completed a Series A fundraising round worth about $7m. No exact number was given.
Foresters Financial partners with dacadoo to encourage healthy living
Financial services firm Foresters Financial has partnered with InsurTech company dacadoo to create a platform that will encourage healthy living.
Digit Insurance becomes the latest InsurTech unicorn
India-based InsurTech company Digit Insurance has reportedly joined the unicorn club, after the close of a $18.5m funding round.
InsurTech welcomes Supreme Court ruling on Covid-19 cases
The UK Supreme Court has ruled that policyholders should have their coronavirus losses covered by insurers and the InsurTech industry is welcoming the decision.
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