Sector Updates

BoughtByMany grabs ?7.5m for group-powered insurance

London-based insurtech startup BoughtByMany has raised ?7.5m in a Series A round. Octopus Ventures led the investment.
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Aquiline to focus on InsurTech, FinTech with new fund

Aquiline Capital Partners, a mid-market firm investing in the financial services sector, has launched a new Technology Growth Fund.
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Zipari nabs $7m for predictive health insurance CRM

Insurance CRM provider Zipari has secured $7m in a Series A round led by Vertical Venture Partners.
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Stonestep nabs $4m to take microinsurance to Asia

Microinsurance firm Stonestep has nabbed $4m in a Series A funding round. The investment comes from insurtech investor XL Innovate.

LeaseLock grabs $1m for rent payment insurance

Rent payment insurance startup LeaseLock has raised $1m in a Seed round led by American Family Ventures, the venture arm of American Family Insurance.

Hippo secures $14m to disrupt home insurance

Home insurance startup Hippo has picked up $14m in a Series A round led by Horizons Ventures.

Axa backs One,Inc in $20m Series B round

Insurance software provider One, Inc has landed $20m in a Series B round led by AXA Strategic Ventures.
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Digital Fineprint links Eos Venture Partners for pre-Series A

InsurTech social data startup Digital Fineprint has signed up Eos Venture Partner as the lead investor for its pre-Series A round. The size of the funding is undisclosed.
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Lemonade squeezes $33m more out of investors

Peer-to-peer insurance startup Lemonade has picked up $33m in a Series B round of funding according to an SEC Filing.
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Zeninsurance picks up $1m for SME coverage

Commercial insurance startup Zeninsurance has closed it $1m seed round led by Ferst Capital Partners.

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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