InsurTech

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Gravie grabs $1m for new life insurance service

Minneapolis-based insurance technology company Gravie has received $1m in funding from Securian Financial Group to roll out a new life insurance service.
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Quilt raises $3.25m in Seed funding for self-service insurance

Boston-based InsurTech startup Quilt collected $3.25m in a NextView Ventures-led Seed round.
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Advisen nabs $6.5m for commercial insurance analytics

New York-based company Advisen, a provider of real-time analytics and research of the commercial insurance sector, has raised $6.5m in debt financing.
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InsurTech startup Finanzchef24 raises €4m in VC-backed round

Munich-based Finanzchef24, the first digital insurance broker for entrepreneurs and companies in Germany, has raised €4m in a Grenke Bank-led round.

Croatia’s Amodo gets $500k for connected customer insurance

Insurtech startup Amodo has raised $500,000 from Austrian venture capital firm Speedinvest to support its international expansion.

Insurity wins another PE backer in new funding round

Hartford, Connecticut-based Insurity Holdings, a provider of insurance policy administration, claims, billing, and analytics software, has attracted General Atlantic as new investor.

Auto insurer Goji hits more than $89m in total financing

Boston-based Goji, a provider of online auto insurance solutions, has raised $19m in its latest financing round bringing its total funding to date to $89.2m.

Health insurance startup SmartCare nabs $1.2m from EAEF

Egypt-based SmartCare, a provider of online medical care programmes, has received $1.2m backing from the Egyptian-American Enterprise Fund (EAEF).

Allianz picks up stake in Simplesurance

Berlin-based fintech startup Simplesurance has won German insurance group Allianz as new investor.

Slice Labs gets backing from Munich Re

Slice Labs is getting the thumbs up from German insurance heavyweight Munich Re with the firm’s venture arm investing in the InsurTech startup.

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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