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.
Mobility insurance platform DigiSure comes out of stealth with $13.1m funding
San Francisco-based mobility insurance platform Digisure launched its embedded protection platform following a $13.1m funding round led by Morado Ventures.
Ex-Lazada execs’ insurance marketplace Lifepal fetches $9m in funding
Indonesian digital direct-to-consumer (D2C) insurance marketplace Lifepal raised an oversubscribed $9m Series A funding round, bringing the total capital raised to $12m.
Mosaic, DXC team to launch new speciality InsurTech platform
Mosaic Insurance and end-to-end IT services firm DXC Technology have partnered to launch a new insurance technology platform.
TrustLayer snares $15m to expand insurance verification platform
InsurTech firm TrustLayer has pulled in $15.1m from a Series A funding round led by Craft Ventures.
Acrisure teams with Quotall to offer consolidated insurance solution
Insurance broker Acrisure has entered a strategic partnership with fellow InsurTech Quotall.
InsurTech startup Quotall exceeds crowdfunding target
InsurTech company Quotall has exceeded the target of its crowdfunding campaign, pulling in £356,581, at the time of writing.
MTN, Sanlam partner to expand insurance cover offering in Africa
South African telecommunications giant MTN has teamed with financial services business Sanlam to provide insurance products to subscribers of MTN in Africa.
CBIRC demands insurance company self-checks in management crackdown
The China Banking and Insurance Regulatory Commission (CBIRC) has called on online insurance firms to conduct self-assessments to identify violations and make corrections.
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