InsurTech

+Simple closes €20m funding round and acquisition of April Enterprise

+Simple, which helps to simplify insurance underwriting, has closed a €20m funding round and the acquisition of wholesale broker April Entreprise.

Insurity aims to improve its predictive analytics claim solutions with ODG by MCG partnership

Hot on the heels of its acquisition of Virtual MGA in July, Insurity has inked a partnership with ODG by MCG.

InsurTech companies are improving their loss ratios

InsurTech ventures who struggled in the past are enjoying rapidly improving loss ratios, according to analysts at JMP Securities.

The Zebra is close to achieving a $100m run rate and has become profitable

After bagging $38.5m in a Series C round in February, InsurTech The Zebra has announced that it has almost achieved a $100m run rate and become profitable.

Root Insurance files for IPO

Hot on the heels of Lemonade's IPO this summer, Root has now added its name to the list of InsurTechs going public in 2020.

Tractable helps Admiral Seguros become first Spanish insurer to use AI for vehicle damage...

Admiral Seguros has allegedly become the first insurer in Spain to use artificial intelligence to assess vehicle damage, thanks to a new partnership with InsurTech startup Tractable.

Revolut inks deal with InsurTech SNACK in Singapore

Almost a year after Revolut went live in Singapore, the neobank has now cemented its hold of the market further by adding InsurTech SNACK to its offerings.

Superscript becomes registered Lloyd’s broker

Superscript has announced that it has become the first UK InsurTech company to be registered as a Lloyd's broker.

Hometree bags £7m in round led by Anthemis in a challenging InsurTech investment landscape

London-based InsurTech startup Hometree has collected £7m in a funding round designed to allow it to capitalise on skyrocketing demand amid Covid-19. Investment firm Anthemis...

zizzl releases tool to improve how businesses buy health insurance

zizzl has released its zizzl Health solution in a bit to rid the world of the days “nervously waiting for that health insurance renewal to arrive with an increase that breaks your budget.”

News Stories

Baldwin Group’s Azimuth Re targets top contractors

The Baldwin Group, a NASDAQ-listed independent insurance brokerage and advisory firm, has launched Azimuth Re, Ltd., a new member-owned group captive developed in partnership...
KatRisk

KatRisk acquires RED to boost catastrophe modeling

KatRisk, a provider of catastrophic risk modelling software for the insurance and financial services industries, has acquired RED, a specialist catastrophe model provider covering...

How reinsurers can demonstrate AML effectiveness

The reinsurance markets in the Cayman Islands and Bermuda represent one of the offshore financial world’s genuine success stories. Capital flows into these jurisdictions on the back of regulatory credibility, and as the markets have grown, so too has regulatory scrutiny.
PremFina lands £100m funding boost from Waterfall

PremFina lands £100m funding boost from Waterfall

PremFina, the UK's fastest-growing insurance premium finance provider, has expanded its junior capital facility with Waterfall Asset Management to £100m, upsizing and extending the...
Cytora and VulnCheck partner to sharpen cyber underwriting

Cytora and VulnCheck partner to sharpen cyber underwriting

Commercial insurers are set to gain a sharper view of cyber risk at the point of underwriting, following a new partnership between Cytora, the...
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