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Digital insurer Lemonade launches in the UK
Lemonade, the digital insurance company that leverages AI technology, has launched in the UK.
Planck snaps up $23m in funding
Planck, a provider of an AI-powered data and analytics platform for insurance, has raised $23m in funding.
Howden and TigerRisk to launch global MGA
Howden Re, a global reinsurance broker, is to create a global MGA business Howden Tiger SabRE (SabRE) in partnership with TigerRisk.
At-Bay buys InsurTech Relay to boost digital transformation
At-Bay, which stylises itself as the insurance provider for the digital age, has announced its acquisition of Relay, a developer of digital transformation technology for commercial insurance.
Indian InsurTech MetaMorphoSys secures $3m
MetaMorphoSys, a business-to-business (B2B) SaaS InsurTech, has raised $3m in funding to help insurance companies tackle industry challenges.
InsurTech Cover Genius teams up with BNPL player Zip
Embedded InsurTech Cover Genius has partnered with global buy now, pay later (BNPL) company Zip, to offering tailored protection embedded in the payment process.
Kenyan InsurTech Lami extends seed round ahead of international expansion efforts
Kenya-based InsurTech startup Lami Technologies has collected $3.7m in its seed extension round as it looks to expand across Africa.
Embedded InsurTech Mulberri bags $4m
Mulberri, the embedded business insurance platform for professional employer organisations (PEOs) and brokers, has raised $4m in seed funding.
InsurTech continues strong performance in last week’s funding roundup
FinTech Global reported on 36 funding rounds in the FinTech sector this week, with the FinTech and InsurTech market seeing considerable investment.
AmTrust in CMGIA take-over
AmTrust Financial Services, a global specialty property casualty insurer, has acquired Contractor Managing General Insurance Agency, a California-based MGA that offers surety bonds to small to mid-sized contractors nationwide.