InsurTech

FinTech backer Pilot Growth pulls in $45m to close second fund

Tech-focused growth investor Pilot Growth Management, which uses AI to help source its investments, has pulled in $45m for the final close of its second fund.

Insurance data company Betterview closes Series A on $4.5m

InsurTech 100 company Betterview has closed its Series A round on $4.5m, bringing its total funding up to $10m.

Blockchain-based insurance solution B3i closes investment from SBI Group

B3i, which offers distributed ledger technology for the insurance space, has received an undisclosed investment from SBI Group.

Insurers need to move away from just a contract and provide a real service

Building an on-demand insurance solution which provides a service rather than a ‘contract’ is how the space will evolve, according to a panel at the Global InsurTech Summit 2019.

Los Angeles’ Fika Ventures raises $76m for sophomore fundraise

LA-based VC Fika Ventures has raised $76m for its second seed fund, just over two years after the final close of its maiden fund.

SE2 becomes majority shareholder of Life.io following new deal

Life.io, a life insurance platform which rewards healthy behaviour, has received an increased investment from SE2.

OneDegree extends Series A to surpass $30m

Hong Kong-based digital health insurance startup OneDegree has extended its Series A round to surpass $30m.

Online investing, trading app business Wealthsimple gets Allianz backing in C$100m investment

Allianz Group has used its digital investment unit Allianz X to take part in a C$100m investment in online investing service and trading app provider Wealthsimple.

Dawex secures ?5m funding to support growth in US and Europe

Data exchange platform Dawex has secured ?5m in its latest funding round which will support its development in Europe and the US.

Noro-Moseley bags $180m for Fund VIII final close

Noro-Moseley Partners has raised $180m for final close of its eighth private equity fund, as it continues its investment strategy of backing American businesses in the IT and healthcare sectors.

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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