AI-driven South African InsurTech Naked draws in $11m to further digitalise the market
Naspers, through its early-stage tech investment vehicle Naspers Foundry, led a $8.3m investment in Naked, an InsurTech company that offers a digital way for consumers to insure their cars, homes, and valuables.
Amplify closes its seed round to support its mission of driving wealth via insurance
Amplify Life Insurance, a provider of permanent life insurance, has collected $2.5m in its seed round.
Flood insurance firm reThought Insurance bags Series A funding
reThought Insurance, a digital MGA aimed at the flood insurance market, has closed its Series A round on $15.5m.
Softbank, Temasek-backed InsurTech Policybazaar files for mega $800m IPO, aims at $5bn valuation
Online insurance platform Policybazaar has filed a draft red herring prospectus with the Securities Exchange Board of India (Sebi) to raise $809m via an initial public offering (IPO), becoming the fourth startup in the past two months from the South Asian market to explore public markets.
Martha’s Vineyard Bank launches insurance agency through partnership with Insuritas
Martha's Vineyard Bank partnered with insurance agency Insuritas to begin offering personal, commercial and ancillary insurance services to Martha's Vineyard Bank's more than 30,000 customers.
Capital One UK taps YuLife in new insurance partnership to bolster employees’ wellbeing
UK financial services provider Capital One partnered with YuLife to reward employees for healthy behaviour through YuLife's tech-based life and wellness insurance package.
Virgin Galactic chairman backs connected car insurance startup Flock in $17m Series A round
Flock, a London-based InsurTech startup that provides usage-based insurance for fleets of commercial vehicles, has raised $17m funding in Series A round bringing its total funding to $22m.
Guros hits $30m valuation after close of latest funding round
Guros, an InsurTech helping transform buying insurance in Latin America, has netted $5.8m in funding, which puts its valuation at $30m.
InsurTech Spot reels in $17.5m in funding to save consumers from medical debt
Digital insurance startup Spot has raised $17.5m in funding, including $15m in equity and $2.5m in debt led by GreatPoint Ventures.
FRISS collects $65m in its Series B funding round
FRISS, an AI-powered end-to-end fraud prevention and detection solutions for P&C insurers, has collected $65m in its Series B round.
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