InsurTech

Cytora said to close £25m funding round to support international growth

Cytora, which uses AI technology to improve underwriting for commercial insurance, has reportedly closed a £25m funding round.

How unlocking data can support the growth of reinsurance

Improving the access to data will not only help improve reinsurance but help the industry grow in new verticals, according to a panel at the Global InsurTech Summit 2019.

Digital insurance company Embroker bags $28m Series B

Digital insurance company Embroker has netted $28m in its Series B round which was led by Tola Capital.

Insights platform Amenity Analytics bags $18m in its Series B

Amenity Analytics, an AI-powered insights platform, has closed its Series B on $18m, to support the growth of its team.

Insurdata pulls in $3m in funding led by Anthemis and Menlo Ventures

Insurdata, a company aggregating peril-specific exposure and risk data, has closed a $3m funding round. The investment was led by London-based venture firm Anthemis and...

Lively launches new mobile app to improve access to health savings tools

Health Savings Account (HSA) company Lively has released a new iOS mobile app to improve accessibility to its health savings tools.

Lemonade closes Series D on $300m

Online insurance company Lemonade has closed its Series D on $300m, with SoftBank Group leading the round.

Property insurance AI solution Flyreel secures $3.85m

Flyreel, an AI solution for property insurance, has secured $3.85m in its latest round of funding, which was led by Gradient Ventures, the AI-focused fund of Google.

San Francisco-based InsurTech Kover.ai closes $1.5m seed round

Kover.ai, a San Francisco-based insurance startup, has closed its seed round on $1.5m.

Applied Systems acquires insurance CRM developer TechCanary

Applied Systems, a cloud-based software developer for insurance firms, has acquired insurance customer relationship management (CRM) system TechCanary.

News Stories

Why pension transition overviews fail to communicate

Dutch pension insurers are producing transition overviews that tick every legal box and still leave participants fundamentally confused about what is happening to their...
Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company.

Beazley investors back £8.1bn Zurich takeover deal

Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company. The deal was backed by 99.9% of votes...
Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they share their insurance information.

Canopy Connect adds multi-option sharing path to intake platform

Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they...
The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers.

Rising home insurance premiums add pressure for first-time buyers

The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers. The company’s latest analysis...
EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part of a new overseas travel insurance offering.

Tokio Marine adopts ClaimPulse to automate travel insurance FNOL

EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part...
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