Sector Updates

Virtual claims provider Snapsheet nets $12m Series D

Virtual claims provider Snapsheet has raked in $12m in its Series D funding round, which was led by Tola Capital.

InsurTech platform Sure pulls in $8m for Series A founding round

InsurTech startup Sure has received $8m for its Series A funding found, led by IA Capital.
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Gryphon Group Holdings raises £180m funding

UK-based InsurTech company Gryphon Group Holdings has raised £180m in investment round.
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Online insurance broker Coverfox raises $15m for Series C

Insurance broker platform Coverfox has reportedly raised $15m for its Series C funding round, which was led by US insurer Transamerica.
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InsurTech’s investment opportunities are found in back office innovation

Insurance firms are beginning to understand technology’s importance in back office processes, according to Aquiline Capital Partners Aquiline Technology Growth head Max Chee in a research interview with FinTech Global.
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Tractable pulls in $8m for machine-vision insurance technology

Machine vision InsurTech startup Tractable has raised $8m in a Series A round led by Ignition Partners. Zetta Venture Partners and a host of individual from across the insurance space also participated.

IoT-based insurer Neos bags ?5m from Aviva Ventures and Munich Re

Connected home insurance company Neos has raised ?5m in a Series A round led by Aviva Ventures and Munich Re.

Acko grabs $30m in largest Indian InsurTech round to date

Acko General Insurance has raised the largest round for an Indian InsurTech startup to date. The Mumbai-based startup picked up $30m in a Seed round.

Protect My Car parks $7m for car warranty and insurance services

Car warranty and insurance startup Protect My Car has secured $7m in a Series C funding round from Great White Shark Opportunity Fund.
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InsureStreet takes £500,000 to replace cash rental deposits

InsurStreet has picked up angel funding for its InsurTech alternative to rental deposits. The London-based company is taking on £512,000 from angel investors.

News Stories

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes costly disruption. Traditional systems, particularly those using leak detection cables, have offered a relatively simple monitoring solution. However, these systems typically rely on fixed alert thresholds, which often fail to reflect the variability of real-world environments. As a result, while detection capabilities exist, their reliability has frequently been called into question.

Why traditional leak detection systems falter in real environments

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes...
The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade, the sector has made notable progress in areas such as digital distribution, API connectivity, embedded insurance, and the modernisation of agency management systems. However, beneath these advancements lies a growing concern, according to Producerflow.

InsurTech’s data gap threatens AI ambitions

The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade,...
Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US.

Ethos and Liberty Mutual team up to deliver fully digital life insurance

Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US. The collaboration will see Liberty...
Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen Commercial Vehicles.

VWFS UK selects Wrisk as preferred insurance partner for commercial vehicles

Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen...
Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience.

Transamerica and Swiss Re collaborate on digital claims transformation

Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience. The initiative will see Transamerica adopt Swiss Re’s PromiseXP...
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