InsurTech

Target Global leads $42m round for Zego

European venture capital firm Target Global has led a $42m Series B funding round for London-based InsurTech Zego. This latest round brings the company's total raised...

Auto insurance startup pulls in £750k to support next growth phase

Car insurance platform honcho has pulled in a £750,000 investment to support the company’s national product launch.

Wrisk closes crowdfunding on £978k surpassing its initial target

Mobile InsurTech platform Wrisk has closed its Seedrs crowdfunding round on £978,682, to seek new partnerships and affinity with new verticals.

Waterdrop raises $144m in Series C, just months after closing former round

China-based InsurTech startup Waterdrop has reportedly raised over 1bn RMB ($144m) in its Series C round, just months after closing its Series B on $74.2m.

Insurance chatbot Hi Marley collects $8.7m in Series A

Hi Marley, an insurance technology platform, has closed its Series A round on $8.7m.

Lemonade launches into its first European country

Online insurance company Lemonade has launched its services into Germany – the first European country it has released in.

InsurTech Gateway eyes up to £30m for debut fundraise, hits first close

Startup investor InsurTech Gateway has held a first close on its debut fundraise, which could reach up to £30m at final close.

Insurance firms should use AI to improve existing models gradually rather than replace everything...

AI technology is best at work when it’s improving existing processes rather than trying to totally transform the entire business model, according to a panel at the Global InsurTech Summit 2019.

PolicyStreet receives approval from Bank Negara Malaysia to offer financial advice

Malaysian InsurTech startup PolicyStreet has reportedly acquired financial advisor approval from the Bank Negara Malaysia (BNM). With this certificate, the company will be able to...

Prudential Financial acquires Assurance in deal worth $2.35bn

Prudential Financial has agreed to health and financial wellness solution Assurance in a deal worth $2.35bn.

News Stories

Why “UK-hosted” cloud doesn’t mean what you think

Cloud computing has become a core function in modern finance and while many depend on it to store their sensitive data, they do not...
Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely used agency management systems in North America.

Quandri brings AI renewal automation to more North American agencies

Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely...
Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business.

Atrium deploys Sofix AI tool to streamline claims analysis

Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business. The deployment...
AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform.

Munich Re integrates Sixfold AI to streamline underwriting workflows

AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform. The integration enables...
Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client acquisition, compliance and underwriting processes.

Pelican Insured transforms broker workflows with nCino SmartBroker

Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client...
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