It’s still a ‘minefield’ of challenges facing the InsurTech space
Getting InsurTechs to the point where they can test the product-market fit of their proposition is too prolonged and costly, according to InsurTech Gateway head of deal flow Charlie Evans.
Preservation Capital follows insurtech underwriter deal with MGA Cove Programs buy
Financial services-focused private equity player Preservation Capital Partners has doubled down on its recent investment in insurtech underwriting company Ascent by picking up construction-focused underwriting specialist MGA Cove Programs.
Alan pulls in €40m Series B, less than a year after previous funding round
Digital health insurance platform Alan has pulled in €40m in its Series B, coming less than a year after its Series A round.
This funding...
Portag3 Ventures increases equity stake in Hellas Direct
Cyprus-based digital insurance company Hellas Direct has received an increased equity stake from Portag3 Ventures.
Singapore Life moves into payments with Yolopay acquisition
Life insurance company Singapore Life has acquired Yolopay, supporting its move into the prepaid card sector.
Blink Innovation reports successful launch with Canadian partner Blue Cross
Ireland-headquartered Blink Innovation has announced a successful launch into Canada with partner Blue Cross Canassurance.
Nationwide launches pay-per-mile auto insurance solution
??Nationwide has launched a new auto insurance solution which lets consumers pay for the miles they have driven.
MākuSafe raises $3m in seed round to support key personnel hires
MākuSafe, a data and analytics platform aiming to improve worker safety, has secured around $3m in its Seed round.
Gen Re’s NOW app utilises facial analytics to accelerate policy buying
Gen Re’s NOW app has launched facial analytic tools to enable consumers quicker and easier access to insurance.
INSHUR closes Series A on $9m through mix of equity and credit
Mobile-based auto insurance platform INSHUR has secured $9m in its Series A which was made up of equity and credit.
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