InsurTech

InsurTech company ottonova receives €10m Series C

Germany-based InsurTech company ottonova has reportedly received €10m in its Series C investment round.
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Online insurance provider Digital Risks nabs latest investment

Online insurance provider Digital Risks has picked up an investment from early-stage investor and incubator Earlymarket.

ComparaGuru receives $7m Series A led by QED Investors

Mexico-based financial management platform ComparaGuru.com has received $7m in its Series A.
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EaseCentral closes $6.5m Series A led by Propel Venture

California-based SaaS platform EaseCentral has picked up $6.5m in its Series A funding round led by Propel Venture Partners.
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InsurTech company Covr closes $5m funding round

InsurTech business Covr Financial Technologies has closed a $5m funding round.

Virtual claims provider Snapsheet nets $12m Series D

Virtual claims provider Snapsheet has raked in $12m in its Series D funding round, which was led by Tola Capital.

InsurTech platform Sure pulls in $8m for Series A founding round

InsurTech startup Sure has received $8m for its Series A funding found, led by IA Capital.
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Gryphon Group Holdings raises £180m funding

UK-based InsurTech company Gryphon Group Holdings has raised £180m in investment round.
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Online insurance broker Coverfox raises $15m for Series C

Insurance broker platform Coverfox has reportedly raised $15m for its Series C funding round, which was led by US insurer Transamerica.
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InsurTech’s investment opportunities are found in back office innovation

Insurance firms are beginning to understand technology’s importance in back office processes, according to Aquiline Capital Partners Aquiline Technology Growth head Max Chee in a research interview with FinTech Global.

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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