Sector Updates

Italian InsurTech Prima said to raise €100m in round of funding

Online insurance company Prima Assicurazioni has reportedly secured €100m in a new round of funding.

Devoted Health nets $300m Series B, as launches services across Florida

Devoted Health, a Medicare Advantage plan, has received $300m in a Series B round of funding, alongside the launch of its services.

Click2Sure bags investment from Greenlight Re

South Africa-based InsurTech Click2Sure has received an investment from Greenlight Re Innovations.

Länsförsäkringar & CyberScout launch cyber insurance product

Swedish insurance group Länsförsäkringar has partnered with CyberScout to help SMEs manager global cyber risk post GDPR.

Chile-based InsurTech Jooycar raises $3m in funding

Chile-based InsurTech startup Jooycar has raised $3m in funding from private equity firm HCS Capital Partners.

Applied Systems bags minority investment from CaptialG

Applied Systems, a developer of cloud-based software for insurance firms, has received a minority investment from CapitalG.

Simply said to bag investment from Yellowwoods

South Africa-based digital life insurance platform Simply has reportedly bagged an investment from Yellowwoods.

InsurTech bolsters team with former Lloyd’s executive

Former Canopius corporate development head Sally Coryn has joined InsurTech company iX Technology Group as executive chair.

DroneInsurance.com partner with UAS mapping platform DroneDeploy

REIN's DroneInsurance.com has partnered with UAV mapping software DroneDeploy to offer seamless insurance solutions.

LendingTree acquires QuoteWizard.com in $370.2m deal

Online loan marketplace LendingTree has acquired QuoteWizard.com for a total consideration of $370.2m.

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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