InsurTech firm wefox exits Italian market in strategic realignment
wefox, the Berlin-based InsurTech company known for its fully digital insurance platform, has announced the sale of its Italian business operations in a bid to refocus and consolidate its global efforts.
InsurTech giant HUB International lands $1.6bn funding to hit $29bn valuation
HUB International, a global insurance brokerage firm headquartered in Chicago, has secured a landmark $1.6bn minority equity investment, pushing its valuation to $29bn, the highest valuation ever recorded for a privately held insurance broker.
Bestow lands $120m Series D to transform life insurance tech
Bestow, a US-based InsurTech company that provides end-to-end software solutions for life insurers, has raised $120m in an oversubscribed Series D funding round.
EQT Ventures backs MarvelX with $6m to automate insurance workflows
Amsterdam-based MarvelX, a FinTech start-up focused on operational automation in financial services, has closed a $6m seed funding round to support the launch of its AI-powered platform for the insurance sector.
ChainThat launches BPA platform with Cobalt Specialty in Canada
ChainThat, a leading provider of next-generation InsurTech solutions, has successfully launched its Beyond Policy Administration® (BPA) platform with Cobalt Specialty Inc., a Canadian specialty insurance provider.
Embri and Decant Group bottle up protection for whisky and wine investments
Decant Group, a private client fine wine and spirits company has announced a a strategic long-term partnership with Embri to integrate asset protection into Decant’s digital marketplace, the Decant Index.
KatRisk acquires Gamma to enhance property-level risk analytics and catastrophe modelling
KatRisk, a leading provider of catastrophic risk modelling software for the insurance and financial services industries, has acquired Gamma in a move to expand its risk analytics capabilities and strengthen its global presence.
Willis launches FinTech Plus to offer global insurance protection for scaling FinTech firms
Willis, a WTW business, a leading global advisory, broking and solutions company, has announced the launch of FinTech Plus, an innovative insurance solution designed to meet the evolving needs of FinTech firms across the world.
Global InsurTech investments increased by two-thirds in Q1 as investors’ interest recovers
Key Global InsurTech investment stats in Q1 2025:
Global InsurTech investments increase by two-thirds QoQ in Q1 2025
Average deal value rose to $13.6m...
Chubb names Carla Orejas to drive regional growth in major accounts and distribution
Chubb, a global insurance giant known for its wide-ranging commercial and personal property and casualty insurance offerings, has appointed Carla Orejas as head of major accounts and distribution for Continental Europe, the Middle East, and North Africa (CEMENA), effective 2 June 2025.
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