Sector Updates

A report by Capgemini and Efma has discovered that 50% of insurance customers are willing to consider coverage from digital-based firms.

North American InsurTech company Foxquilt has bagged $8m in a funding round that will support its expansion across the US and Canada.

Power to impact markets has typically been held by governments, but big tech corporates and billionaires could be changing the landscape of power, but what will this mean for individuals?

One of the most potentially longstanding trends to emerge over the past year is hybrid working, with the working model expected to persist as the workforce becomes more accustomed to the work-life balance it offers them.

One of the key recent trends in global insurance has been the growth of InsurTechs in emerging markets. Research by SwissRe previously forecasted that emerging market premiums would more than double over the next ten years and outpace advanced market premium growth by four times. Post-pandemic, is this forecast still relevant?

Cyber and speciality (re)insurance firm Envelop Risk has secured $130m from a Series B funding round led by SoftBank Vision Fund 2.

Life insurance firm Sproutt has raised $26m from a Series B funding round led by MoreTech Ventures.

Indian startup that helps millennials invest in mutual funds and stocks Groww is reportedly in talks to raise a new financing round at a $3bn valuation.

Missouri-based underwriting platform iCover has raised an undisclosed amount of seed funding from a number of unnamed backers.

InsurTech firm Five Sigma has reeled in $12m from a Series A funding round led by 83North.