InsurTech

AXIS Capital Holdings launches InsurTech-focused investment firm

AXIS Capital Holdings has launched a new InsurTech-focused investment firm AXIS Digital Ventures.

Digit Insurance secures $44m to support launch of new insurance policies

India-based InsurTech startup Digit Insurance has secured $44m in its second round of funding.

Intact Financial backs Voyage to design autonomous vehicle insurance

Insurance firm Intact Financial has invested into autonomous vehicle developer Voyage to bring insurance to the industry.

Groundspeed Analytics raises $30m in Series B

Groundspeed Analytics, an AI and data science solution for the insurance sector, has raised $30m in its Series B round.

By Miles raises £1m, a week after the launch in UK

By Miles, a pay-as-you-go car insurance platform, has netted £1m in funding, a week after its launch in the UK.

Employee health benefits app League collects $47m in funding

Digital employee health benefits platform League has secured CAD $62m ($47m) in growth funding.

‘Pay-per-mile’ InsurTech Metromile collects $90m in Series E

Metromile, a car insurance platform with a pay-per-mile model, has closed its Series E on $90m.

Title insurance platform Spruce Holdings raises up to $15.5m in funding

Title insurance platform Spruce Holdings has raised up to $15.5m in its latest round of funding.

InsurTech startup Tractable raises up to $25m in funding

Tractable, an AI-based solution which supports insurance claims by analysing images of damage, has raised up to $25m in funding.

Drive with Belron hosts demo day for 3 startups competing for £200k prize

Drive with Belron, an innovation lab, has held the demo day for the three startups in the latest program, which has a £200,000 prize.

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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