InsurTech

fintech-news

Insurance broker SFAM lands investment, looks to launch online service

Global investment house Ardian has acquired a minority stake in smartphone insurance broker SFAM.

InsurTech solution developer REIN collects $7.3m funding

InsurTech platform REIN has collected $7.3m in its venture funding round from a selection of investors.

Policybazaar nets $200m Series F led by SoftBank Vision Fund

India-based insurance marketplace Policybazaar has netted $200m in a Series F funding round led by SoftBank Vision Fund.

Cape Analytics collects $17m in round led by XL Innovate

Property data provider for insurers and reinsurers Cape Analytics has collected $17m in its latest equity round.

Fabric collects $10m in Series A led by Bessemer

Life insurance platform Fabric has collected $10m in its Series A funding round led by Bessemer Venture Partners.

Ethos lands $11.5m to improve life insurance

Ethos, a San Francisco-based life insurance startup, has launched out of stealth with $11.5M in financing.

Digital Insurance Group closes €15m funding

Digital Insurance Group has closed a €15m funding round co-led by Finch Capital and Zurich Insurance.

Swirl Insurance looks to raise $1.5m

Swirl Insurance Services, which uses AI to provide insurance quotes, has reportedly raised $100,000.

Kin brings in $13m to expand online home insurance offering

Kin Insurance, a US online home insurance startup, has raised $13m in a funding round led by August Capital.

Luge looks to back FinTech & AI solutions with $75m fund

Luge Capital is looking for early-stage FinTech companies and artificial intelligence (AI) solutions applied to financial services following its $75m financing.

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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