Fabric nabs $2.5m to simplify life insurance
Life insurance startup Fabric has pocketed $2.5m in a Seed round led by Bessemer Venture Partners. The startup's basic package only covers accidental death, which it says is the primary cause of death for 25 to 34-year olds.
Simplesurance lands Rakuten backing as funding passes €30m
Japanese web giant Rakuten is making another European investment through its $100m FinTech fund backing insurance e-commerce startup Simplesurance.
Insurify takes $4.6m for car insurance comparison bot
Insurance policy comparison bot Insurify has raised $4.6m in a Series A round co-led by MassMutual Ventures and Nationwide Ventures.
PremFina nets $33m funding as it looks at global expansion
UK-based insurance premium financing platform PremFina has netted a $33m equity and debt investment.
Ensurem closes a $12.25m capital commitment from A-CAP affiliate
Florida-based InsurTech platform Ensurem has closed a $12.25m capital commitment from an affiliate of A-CAP.
By Miles nets £350,000 from firms including InMotion Ventures
Car insurance platform By Miles has reportedly netted a £350,000 investment from investors including InMotion Ventures.
Next Insurance grabs $29m to cover SMEs
Online insurer to small and medium sized businesses Next Insurance has picked up $29m in a Series A round led by Munich Re/HSB Ventures.
EverQuote lands additional $13m for insurance marketplace
Online insurance marketplace EverQuote is adding $13m to its $23m Series B round and appointing a new member to its board.
Cuvva parks £1.5m for pay-as-you-drive insurance
Pay-as-you-drive car insurance startup Cuvva has raised £1.5m in a new round of funding led by LocalGlobe.
Swiss insurer Helvetia looks to back startups with $55m VC fund
Swiss insurer Helvetia is the latest traditional institution to move into startups investment with the launch of its newly established venture fund.
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