InsurTech

Jaguar Land Rover backs ex-Apple exec-founded Caura in $4.2m round to develop in-car payments

UK-based vehicle management platform Caura secured $4.2m in seed funding to develop its application and integrate with in-car infotainment systems.

Hellas Direct snares €32m in EBRD-backed funding round

Greek insurance firm Hellas Direct has raised $32m in funding round supported by the European Bank for Reconstruction and Development (EBRD).

Bamboo Insurance takes over First American Property and Casualty Insurance Agency in $22m deal

Insurance company Bamboo Insurance has acquired certain of the assets of title insurance, settlement services and risk solutions provider First American Property and Casualty Insurance Agency (FAPCIA) from parent company First American Financial Corporation.

InsurTech Majesco acquires Utilant to develop data and analytics business unit

Cloud insurance software solutions platform Majesco completed the acquisition of US-based SaaS company Utilant LLC in a bid to accelerate business innovation and enhance customer experience with new data and analytics business unit.

InsurTech100 company Akur8 closes $30m Series B to support international expansion

AI-powered insurance pricing solution Akur8 has closed its Series B on $30m to support its international expansion.

Handdii nets $3m through its first institutional investment

Handdii, which is looking to digitise and simplify the property claims experience, has closed its seed round on $3m.

Sapiens and Long Group join forces to help insurers meet ISO and NCCI complaince...

Sapiens partners with Long Group Consultants to augment reporting requirements for workers' compensation and property and casualty insurers.

Afterpay, Zip founders pour AU$15.5m in seed round for InsurTech Honey Insurance

Aussie InsurTech Honey Insurance secured AU$15.5m (about $11.9m) in seed funding, the largest seed round in Australian history for a technology company.

Betterfly closes $60m Series B hot off the heels of former round

Betterfly, an InsurTech startup, has closed its Series B on $60m, coming just six months after its former round.

Tractable enters billion-dollar club after $60m Series D investment led by Insight Partners and...

Tractable raised $60m in a late-stage funding round led by investors Insight Partners and Georgian, which values the AI startup at $1bn, making it the first British computer vision-oriented startup to do so, according to the company.

News Stories

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens of thousands of independent agencies, and a growing volume of licensing and compliance transactions all play a role in how insurance products reach customers.

What the latest data says about the US insurance producer landscape

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens...
Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers in Malaysia and the Philippines.

Cover Genius expands Asia travel insurance footprint with Tongcheng Travel

Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers...
Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across organisations.

Sixfold enhances underwriting AI with institutional knowledge engine

Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across...
Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use of generative AI across protection insurance.

Aviva rolls out AI-powered critical illness underwriting capability

Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use...
Zego secures $28m to expand telematics in Japan

Zego secures $28m to expand telematics in Japan

Zego, a UK-based digital motor InsurTech, has announced a strategic partnership with Sompo Holdings, one of Japan's largest insurance groups, as part of a...
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