InsurTech

fintech-news

Dinghy secures $1.2m funding from Balderton Capital

Dinghy, an on-demand insurance provider which launched this week, has secured a $1.2m funding round led by Balderton Capital.
fintech-news

CLARA closes $11.5m Series A led by Oak HC/FT

CLARA analytics has closed its Series A funding round on $11.5m, with Oak HC/FT leading the investment.
fintech-news

InsurTech platform XAGENT closes $2.1m seed round

US-based XAGENT, a submission platform for retail property and casualty insurance agents, has netted $2.1m in seed funding.
fintech-news

Urban Jungle said to raise £1m seed round

UK-based InsurTech solution Urban Jungle has reportedly netted £1m in a seed round of funding.

Hungarian InsurTech platform Netrisk.hu bought out by MCI Capital in €56.5m deal

Hungarian InsurTech platform Netrisk.hu has been bought up by private equity firm MCI Capital.

Amazon to consider move into global InsurTech market

E-commerce giant Amazon is reportedly considering a move into the InsurTech market.

BIMA lands $96.6m investment from Allianz X

BIMA, a micro-insurance provider for Africa, Asia and Latin America has received a $96.6m investment from Allianz X.

Lemonade closes $120m Series C led by SoftBank Group

Insurance company Lemonade has closed a $120m Series C funding round led by SoftBank Group, and participation from existing investors. This fresh batch of capital...

Lloyd’s selects REG to reduce administrative burden of coverholder compliance

REG, an online due diligence and regulatory compliance platform, has been selected by insurance giant Lloyd’s to assist in recording data and to help reduce the administrative burden on UK coverholders.

FRISS amasses €15m for insurance fraud, risk and compliance

FRISS, a provider of analytics software for fraud, risk and compliance to P&C insurers, has closed a €15m Series A funding round.

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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