Sector Updates

CoverWallet extends deal with Aon to serve clients in Australia

InsurTech 100 company CoverWallet has extended a commercial agreement with Aon to service clients in Australia.

Employee health insurance app yulife bags $10m Series A

Life insurance startup yulife has closed its Series A round on $10m to support its ability to reward policyholders for living healthy.

Tax software provider Sovos completes two acquisitions

Global tax software provider Sovos has acquired e-invoicing solution Foriba and tax solution Eagle Technology Management (ETM).

Risk management solution Reg UK nets ?2.4m in funding

London-based Reg UK, a provider of data analytics and risk management solutions, has netted ?2.4m in funding from Disruptive Capital Finance.

FinTech backer Pilot Growth pulls in $45m to close second fund

Tech-focused growth investor Pilot Growth Management, which uses AI to help source its investments, has pulled in $45m for the final close of its second fund.

Insurance data company Betterview closes Series A on $4.5m

InsurTech 100 company Betterview has closed its Series A round on $4.5m, bringing its total funding up to $10m.

Blockchain-based insurance solution B3i closes investment from SBI Group

B3i, which offers distributed ledger technology for the insurance space, has received an undisclosed investment from SBI Group.

Insurers need to move away from just a contract and provide a real service

Building an on-demand insurance solution which provides a service rather than a ‘contract’ is how the space will evolve, according to a panel at the Global InsurTech Summit 2019.

Los Angeles’ Fika Ventures raises $76m for sophomore fundraise

LA-based VC Fika Ventures has raised $76m for its second seed fund, just over two years after the final close of its maiden fund.

SE2 becomes majority shareholder of Life.io following new deal

Life.io, a life insurance platform which rewards healthy behaviour, has received an increased investment from SE2.

News Stories

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...

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...
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