InsurTech

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Employee insurance startup Hixme takes $14.1m

Spanish banking giant BBVA’s venture capital fund Propel Ventures is investing in US-based inusrtech startup Hixme's $14.1m Series B round.
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Alan picks up $13m for full-stack employee health insurance

French health insurance startups Alan has raised $13m in a new round of funding. The investment comes from CNP Assurances, Power Financial, Partech Ventures and angel investors.
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Insurance marketplace EverQuote takes $23m to offer liquidity

Online insurance marketplace EverQuote has raised $23m in its Series B round of funding. The investment in the Cambridge, Massachusetts-based startup was led by Savano Capital Partners.
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Startupbootcamp InsurTech pens £1m deal with Eos

Startupbootcamp’s InsurTech accelerator has inked a deal with Eos Venture Partners that will see the investor put up to £1m into the accelerators’ cohort of startups next year.
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Smart home InsurTech startup Neos nabs £1m

Smart home insurance service Neos has raised £1m in a seed round from Eos Venture Partners.
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Ladder banks $14m for digital life insurance

Digital life insurance startup Ladder has raised $14m in its Series A round. Canaan Partners led the round with Lightspeed Venture Partners, NYCA and 8VC also contributing.
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Snapsheet nabs $20m to help insurers

Auto insurance software maker Snapsheet has raised $20m in a Series C round led by F-Prime Capital and IA Capital Group.
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Anivo lands insurtech deal with SBB

Swiss insurtech startup Anivo is striking a partnership with the state railway company (SBB) that will bring as many as 35,0000 railway workers onto the platform.
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Brolly scores seed funding to smarten up insurance

Artificial intelligence-driven InsurTech startup Brolly has raised $13,360 in a seed round of funding. The investment in the London-based startup comes from Entrepreneur First and Innovate Finance.

Metromile parks $103.5m for pay-by-the-mile car insurance

Pay-per-mile car insurance firm Metromile has landed $103.5m in a Series D round of funding. The capital comes from Canadian insurer Intact Financial and China Pacific Insurance (CPIC).

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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