Tag: Commercial Insurance

Nirvana raises $80m to expand AI-driven trucking insurance platform

Nirvana Insurance, an AI-driven commercial trucking insurer, has secured an $80m Series C funding round, bringing its valuation close to $850m.

InsurTech startup Outmarket AI lands $4.7m to modernise commercial insurance workflows

Outmarket AI, a newly launched intelligence platform designed to transform the commercial insurance sector, has raised $4.7m in a seed funding round.

InsurTech platform CoverForce secures $13m Series A to enhance carrier-agency connectivity

CoverForce, an InsurTech platform focused on enhancing infrastructure and connectivity within the commercial insurance sector, has raised $13m in a Series A funding round. The...

AI-driven InsurTech CompScience raises $27.6m to enhance workplace safety

CompScience, an AI-driven InsurTech focused on workplace safety, has secured $27.6m in a Series B funding round led by Sands Capital.

Digital insurance broker UpCover secures $19m Series A funding

Digital insurance broker UpCover, which specialises in commercial insurance solutions, has raised $19m in a Series A funding round to accelerate the growth of its platform.

Rainbow raises $8m to expand small business insurance offerings

Rainbow, a digitally-enabled managing general underwriter (MGU) specialising in small business insurance, has announced the close of an $8m Series A funding round.

Nationwide and TrustLayer redefine commercial insurance verification with on-demand digital capabilities

Nationwide, a Fortune 100 financial services and insurance organisation based in Columbus, Ohio, and TrustLayer, an AI-powered risk management platform headquartered in San Francisco, have announced an innovative partnership.

Global commercial insurance rates experience first decline in seven years

Global commercial insurance rates shockingly experienced their first decline in seven years, according to the Global Insurance Market Index released today by Marsh.

Kalepa’s AI copilot set to propel Bishop Street underwriters into future...

Bishop Street Underwriters, owned by RedBird Capital Partners, collaborates with InsurTech pioneer Kalepa to leverage innovative AI technologies for enhancing underwriting decisions.

Herald secures $12m Series A funding to enhance insurance connectivity with...

Herald, a trailblazer in digital insurance infrastructure, has just secured $12m Series A funding round co-led by Lightspeed Venture Partners and Brewer Lane Ventures, with additional participation from Afore Capital and Underscore Venture Capital.

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