InsurTech

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Tractable pulls in $8m for machine-vision insurance technology

Machine vision InsurTech startup Tractable has raised $8m in a Series A round led by Ignition Partners. Zetta Venture Partners and a host of individual from across the insurance space also participated.

IoT-based insurer Neos bags ?5m from Aviva Ventures and Munich Re

Connected home insurance company Neos has raised ?5m in a Series A round led by Aviva Ventures and Munich Re.

Acko grabs $30m in largest Indian InsurTech round to date

Acko General Insurance has raised the largest round for an Indian InsurTech startup to date. The Mumbai-based startup picked up $30m in a Seed round.

Protect My Car parks $7m for car warranty and insurance services

Car warranty and insurance startup Protect My Car has secured $7m in a Series C funding round from Great White Shark Opportunity Fund.
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InsureStreet takes £500,000 to replace cash rental deposits

InsurStreet has picked up angel funding for its InsurTech alternative to rental deposits. The London-based company is taking on £512,000 from angel investors.
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Clearsurance raises $4m Series A funding round

Massachusetts-based Clearsurance has closed a $4m Series A funding round to continue service development.
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Pie Insurance nabs $4.3m in seed funding round

Washington DC-based Worker compensation insurance business Pie Insurance has raised a $4.3m seed funding round.
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Wellthie scores $5m to help brokers catch up in InsurTech

Tech provider for the insurance space Wellthie has raised $5m in a Series A round led by IA Capital Group. IA Capital Group led the round.
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InMyBag pockets £300k to insure freelancers’ laptops

London-based InsurTech startup InMyBag has landed £300,000 in a pre-Seed round from angel investors including onefinestay founder Demetrios Zoppos.
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AllLife lands funding to insure those living with HIV and diabetes

South African life insurance startup AllLife has secured an undisclosed investment led by Accion Frontier Inclusion Fund it its first foray into the InsurTech space.

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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