Auto Insurance

Wrisk secures £12m to scale its embedded auto insurance across Europe. Discover the InsurTech’s growth plans now. Wrisk, an InsurTech company specialising in embedded insurance for the automotive sector, has secured £12m in its Series B funding round to support its strategic growth plans.

Lemonade, an AI-driven InsurTech company, has announced the launch of its car insurance offering in Indiana, continuing its strategic expansion across the United States.

The auto finance market is under intense pressure from rising interest rates, economic instability, and changing consumer behaviours. These challenges are compressing margins and making it harder for lenders to maintain profitability. As volatility grows, many auto finance firms are turning to advanced analytics platforms like Earnix to help them optimise pricing strategies, understand customer behaviours, and manage risk more effectively.

Crabi, a full-stack digital auto insurance company based in Mexico, has secured $13.6m in a new funding round to boost its AI-powered insurance offering and expand access to affordable vehicle coverage nationwide.

Assurant, Inc., a premier global protection company specialising in safeguarding connected devices, homes, and automobiles, has partnered with Ciocca Automotive, a growing automotive group operating 54 dealerships across New Jersey and Pennsylvania.

Cable Insurance, a UK-based commercial auto insurance provider specialising in flexible cover for fleet operations, has entered into a strategic partnership with TruckerCloud, a US-based telematics platform offering device-agnostic data integration across transport and logistics systems.

Percayso Inform, a UK-based InsurTech offering data and intelligence solutions to the insurance sector, has entered into a partnership with Pizza, a new start-up insurance broker focused on disrupting the motor insurance market with its customer-first approach.

esure, a prominent UK-based provider of motor and home insurance, has teamed up with London InsurTech firm Caura to release a new mobile insurance app, available on iOS and Android platforms.

Qover, a leading InsurTech, has partnered with automotive giants BMW and MINI to roll out a new embedded motor insurance product tailored specifically for the Irish market.

British InsurTech firm Marshmallow, which provides car and van insurance for people who have recently moved to the UK, has raised around £68m in new funding.