InsurTech

AI-powered InsurTech i3 Systems said to raise $1.5m in funding

AI platform for insurance i3 Systems has reportedly bagged $1.5m in a funding round, which will aid the enhancement of its technology.

Insurance platform Bright Health closes $500m Series E to support geographic growth

Health insurance company Bright Health has closed its Series E round on $500m, which brings its total capital raised to $1.5bn.

InsurTech unicorn Next Insurance scores $250m in its Series D

Small business insurance provider Next Insurance has scored $250m in its Series D round to help it grow the team by 50%.

Tech Nation names the 31 UK FinTechs in its new accelerator

Tech Nation has named the 31 UK-based FinTech startups it has welcomed into it latest accelerator programme.

EasySend bags $16m in new funding as Covid-19 boosts demand for its services

FinTech EasySend has secured $16m in new funding to make insurers and financial services firms' digital journeys easier as the coronavirus pandemic increases the demand for its services.

InsurTech Pie Insurance adds automated bind request to its portal

Hot on the heels of raising a $127m round in May, Pie Insurance has now announced that it has added automated bind requests within its partner portal.

FinTech could be in for a tricky 2021 a new report from Finch Capital...

While the FinTech sector has proven to be quite resilient, Finch Capital believes the real effects will be felt in Q4 2020 and in 2021.

Toyota Insurance Services teams up with Swiss Re to improve insurance for autonomous vehicles

Toyota Insurance Services has formed a partnership with Swiss Re to further the development of the Swiss Re ADAS risk score.

InsuranceDekho said to receive $20m investment to increase online presence

Online insurance comparison platform InsuranceDekho has received a $20m investment from its parent company GirnarSoft to increasing branding.

Private equity firm Clearlake Capital acquires InsurTech startup Zywave

Private equity firm Clearlake Capital has acquired software-as-a-service provider of front office insurance solutions Zywave from Aurora Capital Partners.

News Stories

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...

MAIB selects FINEOS to modernise claims management

The Motor Accidents Insurance Board (MAIB) of Tasmania, a government business enterprise providing compulsory third-party personal injury insurance to Tasmanian motorists, has selected the...
Vertafore's Project Impact saves agencies two hours a day

Vertafore’s Project Impact saves agencies two hours a day

Vertafore, a North American InsurTech, has announced that its Project Impact initiative has delivered on its promise to return up to two hours per...
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