Betterfly closes $60m Series B hot off the heels of former round
Betterfly, an InsurTech startup, has closed its Series B on $60m, coming just six months after its former round.
Tractable enters billion-dollar club after $60m Series D investment led by Insight Partners and...
Tractable raised $60m in a late-stage funding round led by investors Insight Partners and Georgian, which values the AI startup at $1bn, making it the first British computer vision-oriented startup to do so, according to the company.
How transparent AI will help the adoption of the technology in insurance
As AI becomes more widely used across industries, insurance is lagging behind. Akur8 believes this could be down to the need for transparency.
Why greater efficiency will help insurance firms better handle cyber threats
Cyber risk is showing no signs of stopping and the reliance on cloud-based systems makes potential ripple effects vast. It is crucial for the global insurance industry to efficiently measure cyber risk.
What Nubank and Klarna’s colossal rounds from last week reveal about the FinTech industry
While Nubank’s massive Series G round and Klarna's $40bn valuation may have secured the most headlines last week, CyberTech and cryptocurrency ventures bagged the most capital injections.
SIMON unveils Nationwide as newest member of its InsurTech marketplace
SIMON Annuities and Insurance Services have added insurance and financial services business Nationwide as the newest carrier in its InsurTech Marketplace.
Chubb develops Pay-As-You-Roam travel insurance service
Swiss property and casualty insurance firm Chubb has revealed it is creating a Pay-As-You-Roam (PAYR) travel insurance service.
Car insurance app Noblr to be acquired by USAA
Insurance provider USAA is set to acquire US behaviour-based car insurance company Noblr for an undisclosed fee.
Embroker secures $100m Series C to expand business insurance offering
Digital insurance company Embroker has raised $100m from a Series C funding round led by FTV Capital.
Branch banks $50m to tackle the root problem of the insurance sector
Home and auto insurance startup Branch Insurance raised $50m in Series B funding led by Anthemis Group.
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