Jay-Z-backed Ethos bolsters unicorn status with SoftBank investment
US life insurance firm Ethos has secured a $2.7bn valuation after a $100m investment from SoftBank Group.
Insurtech firm Kin enters merger to go public on NYSE
US InsurTech Kin plans to merge with Omnichannel Acquisition – a special purpose acquisition company – to go public on the New York Stock Exchange (NYSE).
Collective Benefits rakes in £6m to aid expansion, bolster worker safety net
UK Insurtech startup Collective Benefits has secured £6m in a funding round led by US venture firm NFX.
Howden launches sustainable underwriter, plans $500m raise
International insurance broker Howden has introduced Parhelion Underwriting with the aim of raising $500m after it was seeded by Howden.
Cyber insurance market to exceed $20bn value by 2025, report finds
A report by GlobalData has found the cyber insurance industry is predicted to exceed a $20bn gross written premium (GWP) value by 2025.
From fame to FinTech: ten celebrity-backed financial firms you must know about
Over the past few decades, celebrities have increasingly taken on roles that go beyond the world of glitz and glam to becoming the next generation of FinTech investors. And the trend seems to be here to stay.
The 29 FinTech rounds raised last week prove that crypto firms and InsurTechs will...
The FinTech space continues to grow with no sign of slowing down and the 29 rounds raised week prove that, with cryptocurrency companies and InsurTechs being the leading sub-sectors.
Allianz underlines potential opportunities and disruptions for insurance sector
In a recent fireside chat, Quantexa CEO Vishal Marria spoke with Allianz Technology CFO Andrea Pettinelli to discuss where Allianz sees growth opportunities in the insurance space alongside potential disruptions caused by big market players entering the sector.
Partech backs InsurTech Hoggo in $11m Series A
Health and risk insurance firm Hoggo has raised $11m from a Series A round led by venture capital firm Partech.
InsurTech Insurama bags $6m seed funding
Spanish insurance distribution business Insurama has secured $6m from a recent seed funding round.
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