Tag: Insurance Technology
Global InsurTech investments expected to drop by 28% for 2025 as...
Key Global InsurTech investment stats in Q1 2025:
Global InsurTech deal activity dropped by 15% YoY as investors grew cautious
Trend analysis showed a...
Crabi bags $13.6m to expand digital auto cover in Mexico
Crabi, a full-stack digital auto insurance company based in Mexico, has secured $13.6m in a new funding round to boost its AI-powered insurance offering and expand access to affordable vehicle coverage nationwide.
Akur8 expands US footprint with Frank Winston Crum Insurance partnership
Frank Winston Crum Insurance has partnered with Akur8 to enhance its risk modelling, pricing, and reserving processes through the adoption of Akur8’s core platform solution.
Rise in US InsurTech average deal value for Q1 drove a...
Key US InsurTech investment stats in Q1 2025:
US InsurTech funding rebounded by 24% QoQ in Q1
Average deal value rose to $12.8m as...
Nearmap and itel join forces to streamline insurance claims and underwriting
Nearmap has announced the acquisition of itel, a move set to reshape the property insurance landscape by combining two trusted sources of underwriting and claims data.
HDVI secured the largest US InsurTech deal in Q1 as funding...
Key US InsurTech investment stats in Q1 2025:
US InsurTech funding rose by 37% YoY
Average deal value increased to $12.8m as investors showed...
Bestow lands $120m Series D to transform life insurance tech
Bestow, a US-based InsurTech company that provides end-to-end software solutions for life insurers, has raised $120m in an oversubscribed Series D funding round.
European InsurTech funding jumped 2.6x in Q1 as investors loosen purse...
Key European InsurTech investment stats in Q1 2025:
European InsurTech funding jumped 2.6x QoQ in Q1 2025
Average deal value rose to $19.7m as...
IntellectAI targets insurance inefficiencies with AI-driven policy placement solution
IntellectAI, the InsurTech division of Intellect Design Arena, has unveiled Magic Placement, a new AI-powered solution designed to overhaul the way agents, brokers, and wholesalers compare insurance documents.
GI Partners unveils national MGA platform backed by InsurTech leadership
GI Partners has partnered with seasoned insurance executives Brad Emmons and Brian Hanuschak to launch a new technology-enabled managing general agency (MGA) platform.