Sector Updates

Corporate spend management firms and celebrity-backed companies among the 42 FinTech rounds raised last...

A Jared Leto-backed startup, family-focused FinTech firms and corporate spend management companies were among the big winners of the 42 funding rounds reported on last week.

Storm Christoph proves why insurers need early warning systems – Previsico argues

UK insurers must take flooding risks seriously following Storm Christoph, InsurTech Previsico warns.

Lemonade passes the one million customer milestone in just four years

Digital insurance company Lemonade closed off 2020 by reaching the one million customer milestone.

InsurTech platform Arturo receives $25m in Series B funding

Arturo, which offers AI-powered insights and predictive analytics from aerial and satellite imagery, has collected $25m in its Series B funding round.

Canara HSBC OBC Life Insurance ties up with CtrlS to upgrade its technological infrastructure

Canara HSBC Oriental Bank Of Commerce Life Insurance partnered with data centre and managed services provider CtrlS Datacenters to boost its tech infrastructure and facilitate a more digital journey for its customers.

Wunderite lands $3m seed funding to provide software for insurance agents

Boston-based provider of data exchange for commercial insurance Wunderite secured a $3m seed funding round led by Spark Capital, which has also backed Affirm, Coinbase and Plaid.

Sigo raises $1.5m to support launch of auto insurance policy of Latinx community

Sigo, which helps underserved populations to access affordable auto insurance, has bagged $1.5m in its seed funding round.

Qover snares $25m Series B to accelerate global development

Brussels-headquartered InsurTech Qover has closed a $25m Series B funding round led by Prime Ventures.

InsurTech companies raised nearly $2.3bn in Q1 driven by large late-stage deals in United...

Companies in the sector completed 126 deals globally with six $100m+ transactions closed in the US The global InsurTech industry saw tremendous growth in...

dacadoo named as one of the Cool Vendors in Insurance 2021 by Gartner

Switzerland-based InsurTech platform dacadoo has been named as one of the four Cool Vendors in Insurance 2021 by Gartner.

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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