Tag: Funding

Faye secures $31m in Series B funding to elevate travel insurance...

Faye, the trailblazing travel platform, has successfully secured $31m in Series B funding, escalating its total capital to $49m.

IntelePeer bags $140m to advance AI automation in customer service

IntelePeer, a leading provider of AI-powered communications automation, has announced the successful completion of a $140m growth funding and debt financing round.

Asset-intensive reinsurer Martello Re secures $935m in equity funding round

Martello Re Limited, an asset-intensive reinsurer, has successfully closed a second round of equity funding, raising $935m from both existing and new shareholders.

Managing general underwriter SageSure closes $60m Gateway Re catastrophe bond

SageSure, a leading managing general underwriter specialising in catastrophe-exposed markets, has successfully closed the Gateway Re 2024-4 county-weighted wind cover catastrophe bond at $60m.

Insurance broker TWFG targets $176m in IPO

The Woodlands Financial Group (TWFG), an insurance broker supported by reinsurer RenaissanceRe, has announced its intention to raise up to $176m through its upcoming Initial Public Offering (IPO).

BimaPay secures $2m funding to revolutionise insurance technology in India

BimaPay has successfully secured a funding boost of $2m, orchestrated by LC Nueva Investment Partners, according to a report from the Hindu Business Line.  BimaPay is...

Vanguard secures $1m funding to revolutionise maritime insurance underwriting

Maritime technology startup Vanguard has secured $1m in new funding to advance their automated insurance underwriting platform tailored for maritime operations.

Honeycomb secures $36m to expand its insurance offerings

Honeycomb, a leading digital insurer, has raised $36m in a Series B funding round in a bid to expand its insurance offerings.

Simplifai secures significant investment led by Idékapital

Simplifai, a leading provider of AI-powered solutions in the insurance sector, has secured a significant investment with Idékapital leading the raise.

LDC makes significant investment in Uinsure to support ambitious growth strategy

Private equity investor LDC has made a significant investment in Uinsure, a rapidly expanding InsurTech business.
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