InsurTech

InsurTech startup CyberCube collects $35m Series B

CyberCube Analytics, a cyber risk analytics platform for the insurance space, has netted $35m in Series B funding.

InsurTech startup Luko bags €20m to support development of preventative technology

Home insurance platform Luko has bagged €20m in Series A funding to support its expansion across Europe.

Direct Line to offer car insurance through car subscription platform Drover

The UK insurance giant Direct Line has partnered with car-subscription service Drover to insure its vehicle fleet.

PolicyBazaar reportedly raises $150m in funding

PolicyBazaar has reportedly received an investment from Chinese technology firm Tencent, which values the InsurTech at $1.5bn.

DataCubes secures $15.2m in its latest funding round

DataCubes, an underwriting platform for US commercial property and casualty insurers, has netted $15.2m in funding.

Lemonade to postpone IPO after seeing WeWork’s failed attempt

Online insurance company Lemonade has reportedly delayed its initial public offering (IPO) after seeing the problems WeWork suffered after its own.

RMI acquires 25% stake in Guidepost

Guidepost, which is helping insurers lowers costs of diabetes, has reportedly raised funding from Rand Merchant Investment (RMI).

Covr Financial teams up with RetireOne

Covr Financial Technologies has partnered with RetireOne to support its long-term care and disability insurance offerings.

Kin Insurance launches mobile home insurance in Florida

Kin Insurance has extended its mobile home insurance services to Florida and opened an office in St. Petersburg.

OKO Finance said to win Mali-stage of Seedstars World Challenge

OKO Finance, a crop insurance solution for smallholder farms, has reportedly won the Malian stage of the global Seedstars World challenge.

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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