Insurtech Gateway incubator closes round of £2.5m led by Moxley Holdings
Moxley Holdings, the venture capital firm, has supported UK InsurTech incubator Insurtech Gateway with a £2.5m investment.
InsurTech startup CyberCube collects $35m Series B
CyberCube Analytics, a cyber risk analytics platform for the insurance space, has netted $35m in Series B funding.
InsurTech startup Luko bags €20m to support development of preventative technology
Home insurance platform Luko has bagged €20m in Series A funding to support its expansion across Europe.
Direct Line to offer car insurance through car subscription platform Drover
The UK insurance giant Direct Line has partnered with car-subscription service Drover to insure its vehicle fleet.
PolicyBazaar reportedly raises $150m in funding
PolicyBazaar has reportedly received an investment from Chinese technology firm Tencent, which values the InsurTech at $1.5bn.
DataCubes secures $15.2m in its latest funding round
DataCubes, an underwriting platform for US commercial property and casualty insurers, has netted $15.2m in funding.
Lemonade to postpone IPO after seeing WeWork’s failed attempt
Online insurance company Lemonade has reportedly delayed its initial public offering (IPO) after seeing the problems WeWork suffered after its own.
RMI acquires 25% stake in Guidepost
Guidepost, which is helping insurers lowers costs of diabetes, has reportedly raised funding from Rand Merchant Investment (RMI).
Covr Financial teams up with RetireOne
Covr Financial Technologies has partnered with RetireOne to support its long-term care and disability insurance offerings.
Kin Insurance launches mobile home insurance in Florida
Kin Insurance has extended its mobile home insurance services to Florida and opened an office in St. Petersburg.
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