Nimbla and Wiserfunding sign partnership to protect UK SMEs from insolvency
With over 500,000 UK SMEs facing significant financial distress because of COVID-19, the partnership between invoice insurance provider Nimbla and credit risk assessment platform Wiserfunding could provide some peace of mind.
Eos Venture Partners closes new fund to capitalise on opportunities arising from the coronavirus
InsurTech-focused investment firm Eos Venture Partners has closed its latest vehicle to seek opportunities in the digitalisation of insurance caused by the coronavirus.
The global cyber insurance market expected to reach $28.6bn by 2026
The global cyber insurance market is expected to be worth around $28.6bn by 2026, growing at a CAGR of 24.9% from 2019, according to a study from Allied Market Research.
Why insurers should focus on digitising the customer journey from the ground up
Insurance firms should only begin experimenting with new and exciting customer experiences once they get the basics right, says Mark Moran, head of product at insurance customer engagement platform ManageMy.
Riskcovry closes pre-series A round on INR 9.3 crore ($1.2m)
Digital Insurance platform Riskcovry has reportedly closed its pre-Series A round on INR 9.3 crore ($1.2m).
Clara Insurance raises seed round as it preps for summer launch
Clara Insurance, which helps employers give better cover to their employees, has netted $5.5m in its seed round to support its platform launch.
Auto insurance startup By Miles closes Series B on £15m
Pay-per-mile car insurance platform By Miles has secured £15m in its Series B round which was led by CommerzVentures.
InsurTech EIS Group has launched its platform in the UK
British carriers have a new set of tools to create new insurance products after the EIS Group announced it was launching in the UK.
CLARA analytics secures $25m in its Series B round
CLARA analytics, an AI-powered solution for the commercial insurance space, has scored $25m in its Series B round.
Coalition bags $90m to support its global expansion plans
Cyber insurance platform Coalition has bagged a $90m equity investment to support its rapid growth and global expansion.
The investment was led by Valor Equity...
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