InsurTech

Insurers’ venture funds back software maker One, Inc with $15.5m

Insurance software provider One, Inc has picked up $15.5m in a new funding round co-led by American Family Venture and Centana Growth Partners.
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Social InsurTech startup Tribe gets BearingPoint backing

Oslo-based InsurTech startup Tribe has landed a new investment from BearingPoint as a part of the European consultancy’s venture efforts.
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Singapore Life takes $50m in largest Asian InsurTech round

Singapore Life has raised $50m in the largest Asian InsurTech funding round to date. The Series A investment comes from Impact Capital, a subsidiary of Credit China FinTech Holdings, as well as UK-based investor IPGL.

Disability-focused InsurTech startup Getsurance nabs ?2m

German InsurTech startup Getsurance has picked up ?2m in a Seed round of funding. The investment comes from Rocket Internet founder Alexander Samwer Picus Capital, Postfinance Bank and IBB.

Allianz backs InsurTech darling Lemonade

InurTech startup Lemonade has secured funding from global insurance giant Allianz. The terms of the deal are undisclosed.
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Better grabs $1.1m to prevent health insurance data errors

Health insurance startup Better has raised $1.1m in a seed funding round. Initialized Capital led the investment with Designer Fund and angel investors also participating.

Micro-insurer BIMA lands $16.8m to grow in Asia

Asian telecom giant Axiata group is pumping $16.8m into microinsurance startup BIMA. The Swedish InsurTech startup already works alongside the firm in several markets.

Qover secures ?5.5m for InsurTech APIs

Belgian InsurTech startup Qover has picked up ?5.5m in a Series A round led by Anthemis Group. The round also saw participation from existing backers Belcube and Callat?y & Wouters Ventures.
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Insurance cyber risk platform Cyence partners with Allianz Global

Cyber risk modelling platform for the insurance sector Cyence has partnered with Allianz Global Corporate & Specialty SE.
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MarketScout launches $25m fund for InsurTech investing

Texas-based insurance distribution and underwriting company MarketScout have launched a $25m InsurTech-focused fund.

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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