Sector Updates

Aviva acquires majority stake in InsurTech startup Neos

Aviva is set to acquire a majority stake in Neos Ventures, a smart technology insurance provider which helps customers monitor and protect homes through connected devices.

Betterview secures Plug and Play Ventures backing

AI Start-up Betterview has secured an investment from Silicon Valley-based VC Plug and Play Ventures.

Analytics business Understory raises $7.5m

Weather network and data business Understory has raised $7.5m in a funding round led by 4490 Ventures. Understory processes data from forecasted weather events to...

Euro FinTech builder finleap gets €41.5m investment from financial services major Ping An

European FinTech builder finleap has raised €41.5m through an investment round led by Chinese financial services firm Ping An's Global Voyager Fund.

Marsh launches BlueStream, a new digital broker solution

Insurance broker Marsh has launched Bluestream, its new cloud-based digital broking solution.

Californian InsurTech Hippo raises $70m in Series C round

Hippo Insurance has raised $70m Series C investment round led by Felicis Ventures and homebuilder Lennar Corporation. Founded in 2017, Hippo allows customers to get a...

InsurTech Anorak picks up £5m in Series A round, Kamet reinvests

Anorak Technologies has reportedly raised £5m in Series A round led by AXA backed Kamet Ventures. This latest round takes the InsurTech's total amount of investment...

InsurTech app Honcho embarks on final testing phase

UK-based InsurTech Honcho has set its sights on an early 2019 launch as it unveils its VIP early access programme. The company has completed the...

yulife raises £3m ahead of its UK product launch

yulife, an online lifestyle insurance company, has raised £3m in funding ahead of the launch of its platform in the UK.

Next Insurance raises $83m in Series B led by Redpoint

SME insurance platform Next Insurance has raised $83m in its Series B round led by Redpoint Ventures.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
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,...
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