People News

Shepherd eyes strengthened workforce following $6.15m seed round

Commercial construction insurance business Shepherd has raised $6.15m from a seed funding round led by Spark Capital.

Arch Capital closes deal to acquire Westpac’s mortgage insurance business

Insurance firm Arch Capital has closed the acquisition of Westpac Lenders Mortgage Insurance (WLMI) for an undisclosed fee.

Insurify rakes in $100m from Motive Partners-led Series B

Insurance agent and comparison platform Insurify has raised $100m from a Series B round led by private equity firm Motive Partners.

UAE InsurTech Hala inks $5m to expand market footprint

Abu Dhabi-based Hala has snared $5m from a funding round led by Mubadala Investment Company.

Goldman Sachs backs InsurTech DealerPolicy in $110m Series C

Automotive insurance marketplace DealerPolicy has pulled in $110m from a Series C funding round led by Goldman Sachs Asset Management.

Pie Insurance secures regulatory approval to acquire Western Select

InsurTech Pie Insurance has revealed it has received regulatory approval from the Illinois Department of Insurance to purchase Western Select Insurance Company.

Sayata aims to expand insurance footprint with $17m Series A

Insurance broker marketplace Sayata has bagged $17m from a Series A funding round led by Team8 Capital and Vertex Ventures.

Tysers unveils new cloud-based policy consolidation platform

Global insurance broker Tysers who launched TConnect, an insurance platform that is designed to consolidate processes and automate the life cycle of a policy.

Balance Re secures $10m from Anthemis-led Series A

Life reinsurance company Balance Re has raised $10m from a Series A funding round led by Anthemis Group.

InsurTech market expected to generate over $158bn by 2030

A report published by Allied Market Research has detailed that the InsurTech market is expected to garner $158.99bn globally by 2030.

News Stories

Waylens licences InsureVision AI for fleet risk

Waylens licences InsureVision AI for fleet risk

InsureVision, an AI-powered fleet risk intelligence company, has announced that video telematics provider Waylens has become the first company to licence its VisionScore™ technology,...
Sixfold and Adnovum partner on AI underwriting in DACH

Sixfold and Adnovum partner on AI underwriting in DACH

Sixfold, an AI-powered underwriting solution provider for global insurers, has announced a strategic alliance with Adnovum, a Swiss technology and consulting firm focused on...
Windward taps ZestyAI for California wildfire risk

Windward taps ZestyAI for California wildfire risk

Windward Risk Managers, a US home insurance specialist founded in 2005, has expanded its use of ZestyAI's platform to support its entry into the...

Real-time crop intelligence lands in Cytora platform

Cytora, the digital risk processing platform, has announced a strategic partnership with Treefera, an AI-powered first-mile intelligence platform, to embed granular agricultural and nature-based...
FutureProof launches AI condo insurance for Southeast US

FutureProof launches AI condo insurance for Southeast US

FutureProof Technologies, a venture-backed InsurTech using artificial intelligence to overhaul property underwriting, has unveiled a new personal lines property insurance programme in partnership with...
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