Tag: Deals

Investors flocked to back European InsurTech companies in 2023, with a total of 331 individual backers supporting the sector.

UK InsurTech companies saw their funding double in 2023 compared to the previous year, defying global trends from across the sector.

Openly, a Boston, MA-based firm, is a premium homeowners insurance provider that recently bagged a significant financial milestone.

Kayna, the embedded insurance infrastructure platform, has successfully secured a €1 million pre-seed funding round. 

Bridgehaven has linked with distrbind to facilitate the former's aim to write a diverse range of commercial specialty business in the UK.

Akur8, a firm specialising in next-generation insurance pricing via Transparent AI, has successfully closed a new funding round to the tune of $25m.

NOW Insurance, an AI-integrated commercial insurance platform focusing on medical professional liability coverage, has secured funding.

AXA XL, a division of AXA, with a prominent presence in the UK, has launched a new product - the Excess Emissions Insurance.

BOXX Insurance, an InsurTech that combines cyber insurance and security, has landed $14.4m in Series B funding round.

Berlin-based cyber insurance platform Baobab has scored €3m from UK-listed FinTech fund Augmentum.