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.
AnaCap Financial buys majority stake in health insurance platform SundhedsGruppen
European private equity firm AnaCap Financial Partners has bought a majority stake in SundhedsGruppen A/S, a digital health insurance platform.
Snapsheet bags $29m in its Series E to support growth of analytical capabilities
Virtual claims solution Snapsheet has closed its Series E funding round on $29m to support the advancement of analytical capabilities.
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