Sector Updates

CyberSmart scores $10m in its oversubscribed Series A round

Automated cybersecurity platform CyberSmart has scored $10m in its oversubscribed Series A funding round, which will help its global expansion efforts.

InsurTech Insurama bags $6m seed funding

Spanish insurance distribution business Insurama has secured $6m from a recent seed funding round.

Jaguar Land Rover backs ex-Apple exec-founded Caura in $4.2m round to develop in-car payments

UK-based vehicle management platform Caura secured $4.2m in seed funding to develop its application and integrate with in-car infotainment systems.

Hellas Direct snares €32m in EBRD-backed funding round

Greek insurance firm Hellas Direct has raised $32m in funding round supported by the European Bank for Reconstruction and Development (EBRD).

Bamboo Insurance takes over First American Property and Casualty Insurance Agency in $22m deal

Insurance company Bamboo Insurance has acquired certain of the assets of title insurance, settlement services and risk solutions provider First American Property and Casualty Insurance Agency (FAPCIA) from parent company First American Financial Corporation.

InsurTech Majesco acquires Utilant to develop data and analytics business unit

Cloud insurance software solutions platform Majesco completed the acquisition of US-based SaaS company Utilant LLC in a bid to accelerate business innovation and enhance customer experience with new data and analytics business unit.

InsurTech100 company Akur8 closes $30m Series B to support international expansion

AI-powered insurance pricing solution Akur8 has closed its Series B on $30m to support its international expansion.

Handdii nets $3m through its first institutional investment

Handdii, which is looking to digitise and simplify the property claims experience, has closed its seed round on $3m.

Sapiens and Long Group join forces to help insurers meet ISO and NCCI complaince...

Sapiens partners with Long Group Consultants to augment reporting requirements for workers' compensation and property and casualty insurers.

Afterpay, Zip founders pour AU$15.5m in seed round for InsurTech Honey Insurance

Aussie InsurTech Honey Insurance secured AU$15.5m (about $11.9m) in seed funding, the largest seed round in Australian history for a technology company.

News Stories

Why pension transition overviews fail to communicate

Dutch pension insurers are producing transition overviews that tick every legal box and still leave participants fundamentally confused about what is happening to their...
Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company.

Beazley investors back £8.1bn Zurich takeover deal

Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company. The deal was backed by 99.9% of votes...
Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they share their insurance information.

Canopy Connect adds multi-option sharing path to intake platform

Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they...
The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers.

Rising home insurance premiums add pressure for first-time buyers

The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers. The company’s latest analysis...
EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part of a new overseas travel insurance offering.

Tokio Marine adopts ClaimPulse to automate travel insurance FNOL

EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part...
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