InsurTech

How Latin American startups and InsurTechs stole the show among the 37 FinTech investments...

InsurTech companies continued their winning streak last week among the 37 FinTechs that raised big rounds.

ELEMENT bags €16m in funding after strong 2021 start

Digital insurance solution provider ELEMENT has raised €16m in funding after a strong start to 2021.

Odie Pet Insurance collects $3m in funding to support technology development

Odie Pet Insurance has raised more than $3m in a funding round, which will help it bolster its technology.

One Concern extends partnership with SOMPO Holdings with fresh investment

One Concern has received a $45m strategic investment from Japanese insurance firm SOMPO Holdings, kicking its partnership into the next stage.

Bought By Many raises Series D at $2bn pre-money valuation

UK-based pet insurance company Bought By Many has closed its Series D on $350m, putting its pre-money valuation at $2bn. The capital was supplied by...

Anorak bags £5m in funding round support the growth of its network.

Automated life insurance advice platform Anorak has bagged £5m to support its ambition to become the most innovative life-focused InsurTech in Europe.

Over a third of UK finance companies agree mental health is not a cultural...

Over a third of companies in the UK finance industry agree mental health is not a cultural priority within their organisation.

HealthyHealth collects $10m Series A to support product launch

HealthyHealth Group, which claims to transform the life and health insurance underwriting journey, has collected $10m in its Series A funding round.

Robinhood, Stripe, Wise, Nubank execs among others back InsurTech Justos in seed round

Brazilian auto insurance startup Justos raised $2.8m in a seed round led by one of the largest VC firms in Latin America Kaszek along with a slew of experienced angel investors including CEOs of seven unicorns.

MotoRefi secures Goldman Sachs backing in $45m Series B

US Auto FinTech MotoRefi has closed a $45m Series B round led by Goldman Sachs Asset Management’s Growth Equity team.
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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...
SolvaPay, an AI payments infrastructure startup, has raised €2.4m in pre-seed funding to develop payment rails designed for AI-driven commerce.

SolvaPay secures €2.4m pre-seed to power agentic commerce payments

SolvaPay, an AI payments infrastructure startup, has raised €2.4m in pre-seed funding to develop payment rails designed for AI-driven commerce. The Stockholm-based company secured backing...
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