InsurTech

India-based InsurTech Riskcovry said to raise $5m

Digital insurance software developer Riskcovry has reportedly raised $5m in its Series A round, which was led Omidyar Network India.

Zego becomes UK’s first InsurTech unicorn after securing $150m in new round

London-based InsurTech Zego raised $150m in a Series C funding round valuing the company at $1.1bn.

RATESDOTCA receives $51m in a mixture of debt and equity

RATESDOTCA, which offers a digital shop for insurance and financial products, has closed its new funding round on $51m.

German InsurTech Hepster said to raise $10m Series A

Germany-based InsurTech Hepster has reportedly raised $10m in its Series A round, which was led by Element Ventures.

InsurTech startup Symbo Platform said to close $9.4m in funding

Singapore-based Symbo Platform has reportedly closed its new funding round on $9.4m to support the growth of its Indian affiliate.

Insurers expanding their channels are reaching higher levels of growth, Majesco study claims

Insurers that are expanding their channels are achieving high levels of growth, according to a new report from Majesco.

Next Insurance acquires digital insurance agency Intego

InsurTech unicorn Next Insurance has acquired Intego, which is a digital insurance agency offering a suite of small commercial insurance products.

Swiss Re teams up with ICEYE to improve responses to floodings

Swiss Re has formed a strategic partnership with ICEYE to improve its flood risk management capabilities.

InsurTech Beam Dental raises $80m in its Series E round

Beam Dental, a dentist-focused insurer, has closed its oversubscribed Series E round on $80m.

Providence Equity Partners acquires Node4 from Bowmark Captial

UK-based private equity firm Bowmark Capital has sold its stake in IT infrastructure developer Node4 to US investor Providence Equity Partners.

News Stories

Why “UK-hosted” cloud doesn’t mean what you think

Cloud computing has become a core function in modern finance and while many depend on it to store their sensitive data, they do not...
Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely used agency management systems in North America.

Quandri brings AI renewal automation to more North American agencies

Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely...
Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business.

Atrium deploys Sofix AI tool to streamline claims analysis

Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business. The deployment...
AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform.

Munich Re integrates Sixfold AI to streamline underwriting workflows

AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform. The integration enables...
Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client acquisition, compliance and underwriting processes.

Pelican Insured transforms broker workflows with nCino SmartBroker

Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client...
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