InsurTech

Allianz acquires 99% of shares in Nigeria-based Ensure Insurance

Insurance firm Allianz Group has acquired 99.03 per cent of the shares in Nigeria-based Ensure Insurance from the core shareholder Greenoaks Global.

TowerIQ collects $2m in seed funding led by Hyperplane

TowerIQ, a data and insight platform for the insurance industry, has collected $2m in seed funding.

Digital Risks raises £2.25m to support expansion into Europe

Digital Risks, an automated platform for purchasing business insurance, has raised £2.25m in a round led by Concentric.

Kenya-based InsurTech Bismart receives funding from GreenTec

Kenya-based InsurTech platform Bismart has received an investment from GreenTec Capital.

MTech Capital holds $75m first close for debut fund

InsurTech-focused venture capital firm MTech Capital has held the $75m first close for its debut fund.

Fineqia International invests into blockchain-based InsurTech Black Insurance

Fineqia International has made an undisclosed investment into blockchain-based digital insurance startup Black Insurance.

Maritime insurance data platform Windward bags $16.5m Series C

Windward, a risk analytics platform for the marine insurance industry, has collected $16.5m in its Series C funding round.

Planck Re collects $12m in its first round of funding

Digital insurance platform Planck Re has collected $12m in its first round of funding.

Bought By Many secures £15m in Series B

Online insurance support platform Bought By Many has secured £15m in its Series B funding round.

Corsair makes strategic investment into Spring Venture Group

Spring Venture Group, a digital insurance platform has received a strategic investment from Corsair Capital.

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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