InsurTech

Hokodo bags €1.9m in round led by Anthemis

Hokodo, an insurance and finance API developer, has raised €1.9m in a seed round led by Anthemis.

Insurance broker Cover nets $16m in Series B

Insurance brokerage app Cover has closed its Series B round on $16m, with Tribe Capital acting as the lead backer.

simplesurance said to bag $11.5m as eyes Japanese expansion

Germany-headquartered simplesurance has reportedly secured $11.5m and eyes move into Japan market.

Eos debut fund makes first investments, backing Concirrus, Digital Fineprint

Eos Venture Partners has made its first two investments from its debut fund backing InsurTech startups Concirrus and Digital Fineprint.

Covr bags £10m in Series A

Digital life insurance platform Covr Financial Technologies has bagged $10m in its Series A funding.

Slice Labs raises $20m in an extended Series A funding round

Slice Labs, an on-demand insurance startup, has raised $20m in an extended Series A round.

Concirrus nets £5m in round co-led by IQ Capital, EOS Venture

Concirrus, an AI-powered insurance software provider, has netted £5m in an new equity round.

Socotra raises $5.5m in Series A led by 8VC

Socotra, a core technology developer for insurance firms, has raised $5.5m in its Series A round from 8VC.

Home insurance platform Hedvig nets €3.85m

Stockholm-based Hedvig has bagged €3.85m in funding to support the company’s ‘aggressive growth plan.’

Outdated enterprise software is raising insurance premiums for consumers

Insurance companies need to improve their enterprise software or premiums will rise for consumers, according to Luther Systems co-founder & CEO Hossein Kakavand in a research interview with FinTech Global.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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