Armour picks up $500m, as it looks to launch a new company
Run-off insurance company Armour has picked up $500m in equity commitments from a group led by Aquiline Capital Partners.
InsurTech platform Oscar Health closes $165m investment
Online health insurance platform Oscar Health has closed a $165m funding round to accelerate its expansion.
Atidot picks up $5m Series A led by Vertex Ventures
Life insurance big data platform Atidot has picked up $5m in its Series A funding round led by Vertex Ventures.
Root Insurance collects $51m Series C led by Redpoint
Auto InsurTech platform Root Insurance has collected $51m in its Series C funding round led by Redpoint Ventures.
Insly bags €2.2m funding round to support expansion in Poland
Cloud-based insurance platform Insly has closed a €2.2m funding round led by Concentric and Black Pearls VC.
Will increasing InsurTech valuations hinder subsequent funding?
High InsurTech valuations are starting to outweigh the performance of businesses, according to Eos Venture Partners investment director James Tootell in a research interview with FinTech Global.
Tritium Partners completes the recapitalisation of rateGenius
Online auto refinance marketplace rateGenius has received a recapitalisation and growth investment from Tritium Partners.
Singapore-based PolicyPay Network said to close ICO on $20m
Singapore-based InsurTech platform PolicyPal Network has reportedly collected 24.809 ETH, approximately $20m, in its ICO.
FIGO Pet Insurance closes $4m round from HCS
Chicago-based InsurTech platform FIGO Pet Insurance has closed a $4m equity round from HCS Capital Partners.
Maven deploys £150k to honcho’s crowdfunding campaign
Insurance auction platform honcho has closed an £850,000 funding round, through a crowdfunding campaign and equity investment.
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