Sector Updates

What did 2020 mean for these InsurTechs

The Covid-19 pandemic has been an unprecedented global challenge that no one could have predicted. While there were a lot of companies hitting troubled times, there have also been those doing very well during the pandemic.

Cyber insurance startup At-Bay secures $34m in its Series C round

Cyber insurance company At-Bay has raised $34m in its Series C round, which brings its total equity raised during 2020 to $74m.

battleface scores $12m in its second fundraise of 2020

Specialty travel insurance provider battleface has netted $12m in its Series A funding round, which was supplied by US-based venture firm Drive Capital.

Lemonade throws down glove against InsurTech startup Luko as it launches in France

Having secured a $4bn valuation on the back of a successful IPO this summer, Lemonade is now expanding its hold over the European market by launching in France, taking on local startup Luko in the process.

iptiQ leads Getsafe’s $30m Series B funding round

InsurTech startup Getsafe has secured $30m in funding through a Series B round led by Swiss Re’s digital platform iptiQ.

Policygenius unveils new app to help time-strapped customers create wills and buy insurance

Insurance marketplace Policygenius has launched a mobile app that enables consumers to create wills and trusts as well as shopping for life and home insurance on their smartphones.

KYND tapped to protect Howden Specialty’s clients

Insurance broker Howden Specialty has selected cyber risk management company KYND to protect against cyber threats to their clients.

Luko secures €50m Series B round

French InsurTech startup Luko has closed a €50m Series B funding round led by EQT Ventures to scale its insurance solutions backed by social responsibility efforts.

What do these 28 FinTech rounds from last week reveal about the industry

Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.

Akur8 secures partnership with Canopius

Insurer and reinsurer Canopius has inked a deal with InsurTech100 startup Akur8, marking the venture's first UK partnership with a London-based insurer “Akur8 is a...

News Stories

Baldwin Group’s Azimuth Re targets top contractors

The Baldwin Group, a NASDAQ-listed independent insurance brokerage and advisory firm, has launched Azimuth Re, Ltd., a new member-owned group captive developed in partnership...
KatRisk

KatRisk acquires RED to boost catastrophe modeling

KatRisk, a provider of catastrophic risk modelling software for the insurance and financial services industries, has acquired RED, a specialist catastrophe model provider covering...

How reinsurers can demonstrate AML effectiveness

The reinsurance markets in the Cayman Islands and Bermuda represent one of the offshore financial world’s genuine success stories. Capital flows into these jurisdictions on the back of regulatory credibility, and as the markets have grown, so too has regulatory scrutiny.
PremFina lands £100m funding boost from Waterfall

PremFina lands £100m funding boost from Waterfall

PremFina, the UK's fastest-growing insurance premium finance provider, has expanded its junior capital facility with Waterfall Asset Management to £100m, upsizing and extending the...
Cytora and VulnCheck partner to sharpen cyber underwriting

Cytora and VulnCheck partner to sharpen cyber underwriting

Commercial insurers are set to gain a sharper view of cyber risk at the point of underwriting, following a new partnership between Cytora, the...
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