Sector Updates

Ladder collects $100m Series D as it becomes first fully digital life insurer

Ladder, a provider of flexible life insurance, has closed its Series D round on $100m as it steps closer to its goal of issuing $30bn in coverage by the end of the year.

Zego unveils new flat rate policy to extend choice range for fleet firms

Motor insurance provider Zego has introduced a new flat rate insurance policy to expand the range of policy choice for fleet businesses.

Homee reels in $17m from oversubscribed Series B-2

Tampa-based InsurTech Homee has raised $17m from a Series B-2, bringing the total raised in the overall Series B round to $36m.

SafeTree looks to extend roots with $1m seed raise

New Delhi-based InsurTech SafeTree has secured $1m in seed funding from angel investors Shams Ahmed Parvaz and Faiz Shams.

InsurTech Buckle closes $60m Series B to scale platform across US

Buckle has secured $60m from a Series B funding round that was led by Volery Capital Partners.

AXA report finds climate change to be biggest concern for UK risk experts

A report by global insurance firm AXA has found climate change was viewed as the top concern for both risk experts and the public in the UK.

Cyber insurer Coalition enhances unicorn status with $205m Series E

Cyber insurance and security firm Coalition has raised $205m from a Series E funding round, lifting its valuation to $3.5bn.

Sureify collects $15m in it Series C round

InsurTech company Sureify has raked in $15m in its Series C funding round, which was led by Aspen Capital Group.

Zendrive teams up with bolt to improve auto insurance

Zendrive, which claims to use data and analytics to improve auto insurance and claims, has teamed up with bolt to help insurers acquire safer drivers.

H.W Kaufman enters South America with Prospect Brokers purchase

Insurance company H.W Kaufman has bolstered its footprint in the Americas with the acquisition of Chilean firm Prospect Brokers.

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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