InsurTech

UK-based Oxford Capital has led a ?3m funding round for insurance app Wrisk

UK-based mobile insurance app Wrisk has received a ?3m funding round led by Oxford Capital.
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Canopy receives another round of equity following recent £1.6m round

UK-based Canopy has received further funding round, with Round Hill Capital supplying an undisclosed amount.
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Matic Insurance Services raises $7m in Series A

Homeowner InsurTech platform Matic Insurance Services has raised $7m in a series A funding round.
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Acturis Group buys ICE Insurance company from Hubio Technology

SaaS provider for the insurance industry Acturis Group has acquired ICE insurance software from Hubio Technologies.
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Boundlss closes AUD $1.7m round to support technology development

Australia-based Boundlss has closed a AUD $1.7m ($1.3m) to support the development of its AI-powered platform.
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CBien pockets €8m from insurers to expand internationally

Paris-based InsurTech startup CBien has raised €8m in a new round from existing backers MAIF, MACIF and 5M Ventures.

Wrisk bags $702k in crowdfunding campaign

Mobile InsurTech platform Wrisk has netted $702,000 from its crowdfunding platform, after commitments from 495 backers.

Homelyfe lands $2.4m ‘to make buying and managing insurance easier’

Homelyfe, an insurtech startup that claims to make buying and managing insurance easier, has landed $2.4m in seed financing.

InsurTech startup Naked lands $1.4m, eyes 2018 launch

South African insurtech startup Naked Insurance has landed ZAR20m ($1.4m) in funding as it plans to launch into the market next year.

InsurTech startup Insurdata lands more than $1m

Insurdata, which provides re/insurance underwriters with property-specific data, has landed more than $1m in seed 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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