InsurTech

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.

On-demand insurance platform VOOM launches from stealth after $2m Series A

On-demand insurance platform VOOM has exited from stealth and closed a $5m Series A funding round.

News Stories

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens of thousands of independent agencies, and a growing volume of licensing and compliance transactions all play a role in how insurance products reach customers.

What the latest data says about the US insurance producer landscape

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens...
Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers in Malaysia and the Philippines.

Cover Genius expands Asia travel insurance footprint with Tongcheng Travel

Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers...
Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across organisations.

Sixfold enhances underwriting AI with institutional knowledge engine

Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across...
Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use of generative AI across protection insurance.

Aviva rolls out AI-powered critical illness underwriting capability

Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use...
Zego secures $28m to expand telematics in Japan

Zego secures $28m to expand telematics in Japan

Zego, a UK-based digital motor InsurTech, has announced a strategic partnership with Sompo Holdings, one of Japan's largest insurance groups, as part of a...
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