Tag: Insurance Technology
Funding for InsurTech companies in US dropped by 67% YoY as...
Key US InsurTech investment stats in Q2 2024:
US InsurTech funding dropped by 67% YoY during the second quarter
The average deal size completed...
US InsurTech investment activity in freefall as funding declined 78% YoY
Key US InsurTech investment stats in H1 2024:
US InsurTech market in a slump as funding dropped by 78% YoY
Healthee secured the biggest...
Inscora secures $2m funding to revolutionize cyber insurance for brokers
Inscora, a Montreal-based startup, has secured $2m in funding to enhance its cyber insurance solutions.
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.
LB Forsikring teams up with Akur8 to revolutionise P&C insurance pricing
Akur8, a pioneer in insurance pricing solutions utilising transparent machine learning, has recently partnered with LB Forsikring, a prominent Danish property and casualty (P&C) insurance firm.
InsurTech provider Peak3 secures $35m in Series A led by EQT
InsurTech provider Peak3, formerly known as ZA Tech, has raised $35m in a Series A funding round led by EQT, with participation from Alpha JWC Ventures.
Insurance software provider ISI secures investment from NexPhase Capital
NexPhase Capital, a private equity firm known for its thematic and operational focus, has announced an investment in Insurance Systems Inc., ISI, a provider of enterprise software solutions to the property and casualty insurance industry.
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...
GradGuard expands coverage: New tuition protection program includes loss of employment
In a bid to bolster its tuition protection program, GradGuard, a leading provider of college tuition and renters insurance programs, has unveiled a significant enhancement.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions
PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.