Sector Updates

Descartes Underwriting bags $18.5m in Series A

Climate-risk focused InsurTech Descartes Underwriting has closed a $18.5m series A funding round co-led by Cathay Innovation and Serena.

Millennial-focused InsurTech Urban Jungle has raised another £1.6m

London-based Urban Jungle has secured £1.6m from both new and existing investors after having been forced to close a previous round early due to Covid-19.

Indian finance ministry official calls on financial service providers to work with tech startups

A top finance ministry official in India has called upon established financial service providers to be more open to collaborations with FinTech innovators.

InsurTech BIMA bags $30m to expand in Africa and Asia

InsurTech BIMA has raised $30m in a new round with the goal of using the money to drive mass adoption of digital health and InsurTech solutions in emerging markets.

23 FinTech rounds raised in the last week

Last week proved a huge win for challenger banks and the Latin American FinTech sector. Check out these funding rounds to find out why.

honcho enters the endgame for its funding round by launching Seedrs campaign for the...

UK-based InsurTech honcho has entered the final stage for its £2.25m capital raise and is looking to raise the remaining £300,000 via a crowdfunding campaign on Seedrs.

OneShield teams up with RubiQon Risk & Insurance Services

Insurance solution developer OneShield Software has teamed up with RubiQon Risk & Insurance Services.

InsurTech Sapiens International Corporation hires new regional director DACH

InsurTech Sapiens International Corporation has hired industry veteran Mathias Harrassowitz as its new regional director DACH.

Cachet closes seed round on €1.1m as it eyes expansion into Nordics

Estonia-based InsurTech Cachet has closed its seed round on €1.1m as it looks to expand its services to enter new markets such as Poland, the Nordics and the UK.

Simply Business forms partnership with AXIS Insurance to launch policy for home businesses

Digital insurance agency Simply Business has formed a partnership with AXIS Insurance to launch a new product aimed at US small businesses that work from home.

News Stories

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early customer interest. Yet maintaining engagement over time remains a persistent challenge.

Why life insurers struggle to sustain wellness programme engagement

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early...
INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within a single policy in real time.

INSTANDA introduces MAX to scale commercial underwriting with AI

INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within...
Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting capabilities.

Acrisure strengthens E&S underwriting with Vave acquisition

Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting...
Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility.

Talanx lands €1bn through dual bond issuance

Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility. The financing consists...
UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to support a new end-to-end approach spanning underwriting, claims and mid-term policy adjustments.

Covéa adopts Shift AI to unify underwriting and claims risk

UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to...
224931

60,000+ InsurTech leaders get exclusive insights delivered every week