Sector Updates

Munich Re signs deal with InsurTech company FloodFlash

FloodFlash, an InsurTech offering parametric flood insurance, has signed an agreement with Munich Re.

InsurTech Acko bolsters unicorn status following substantial backing

India-based digital insurer Acko has raised $225m from a Series D funding round led by General Atlantic and Multiples Private Equity.

Cloud Insurance and Safely: Redefining insurance in the Nordic region

As more insurance companies look towards technology, partnering with tech companies is the only way forward. Now, Cloud Insurance and Safely have joined forces with the aim to redefine insurance in the Nordic region.

Global InsurTech Funding already set a new annual record just nine months into the...

InsurTech companies raised $9.1bn across 364 deals in the first three quarters of the year driven by large transactions over $100m

Ategrity Specialty eyes next growth phase with $75m capital raise

P&C insurance company Ategrity Specialty has raised $75m in financing from Sequentis Financial.

First-of-its-kind InsurTech Justos closes Series A hot off the heels of seed round

Brazilian InsurTech company Justos has collected $35.8m in its Series A round, which comes just months after its seed close.

Health InsurTech Sana Benefits scores $20m Series A raise

Health insurance business Sana Benefits has closed a $20m Series A extension funding as it works towards extending coverage for SMEs.

Coterie Insurance closes its second funding round of 2021

Coterie Insurance, which hopes to transform the small business insurance process, has scored $50m in its Series B round.

Auto InsurTech Suretys nets $2m seed funding

Auto digital insurance provider Suretys has raised $2m from a seed funding round led by Victorum Capital.

New InsurTech100 list reveals the must know companies in the sector

With the InsurTech sector continuing to hit record investment levels, FinTech Global has named the 100 most innovative InsurTech companies in its fourth annual list.

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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