Collective Benefits rakes in £6m to aid expansion, bolster worker safety net
UK Insurtech startup Collective Benefits has secured £6m in a funding round led by US venture firm NFX.
AfriGlobal unveils InsurTech portal AfriCover247, first of its kind in the Nigerian insurance sector
AfriGlobal Insurance Brokers has launched AfriCover247, a digital insurance platform that allows insurance transactions and claims management 24-hour, seven days a week.
How Cloud Insurance’s platform is gearing up to take the world by storm
Cloud Insurance, an all-in-one InsurTech solution, is currently in the midst of a global expansion effort. With new offices opening worldwide and an international partner programme in place, the company aims to become a leading provider in the insurance space.
Coincover said to raise $9.2m in its Series A round
Coincover, which provides insurance for cryptocurrency, has reportedly raised $9.2m in its Series A round.
Howden launches sustainable underwriter, plans $500m raise
International insurance broker Howden has introduced Parhelion Underwriting with the aim of raising $500m after it was seeded by Howden.
FCA slaps Lloyds Bank’s insurance division with £90m fine for misleading customers
The Financial Conduct Authority fined the insurance division of Lloyds Bank £90.7m for sending misleading renewal quotes to nine million customers.
Sweden-based Insurello nets $17.5m in its latest funding round
Swedish InsurTech company Insurello has received a SEK 150m ($17.5m) investment, after it moves past the milestone of SEK 200m ($23.3m) in paid insurance compensation.
What last week’s 31 FinTech investments means for the PayTech sector
Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.
Neptune and Attune team up to provide flood coverage to businesses
AI-driven flood insurance company Neptune Flood has partnered with Attune Insurance, a New York-based commercial insurance marketplace to provide business owners with flood insurance.Brokers...
Insurance firm Beneva teams up with FINEOS to scale its life and disability claims...
Canadian insurance company Beneva has entered into a partnership with systems provider for life, accident and health insurers FINEOS Corporation to leverage its SaaS technology for simplified claims management processes and improved customer service.
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