Tag: Insurance

InsurTech-focused investment firm Eos Venture Partners has closed its latest vehicle to seek opportunities in the digitalisation of insurance caused by the coronavirus.

Digital Insurance platform Riskcovry has reportedly closed its pre-Series A round on INR 9.3 crore ($1.2m).

Clara Insurance, which helps employers give better cover to their employees, has netted $5.5m in its seed round to support its platform launch.

Pay-per-mile car insurance platform By Miles has secured £15m in its Series B round which was led by CommerzVentures.

INSTANDA's CEO has welcomed the Financial Conduct Authority's (FCA) measures to protect insurance customers, but argued that the COVID-19 crisis has highlighted the need for the industry to evolve.

Bike insurance startup Bikmo has allegedly netted £1.8m in its Series A funding round as it looks to move its head office to Wales after the coronavirus pandemic clears.

Bold Penguin, an InsurTech100 company, has extended its partnership with digital broker Mylo to improve personalised insurance recommendations.

Swedish InsurTech startup omocom has netted €3.7m in funding to help it grow into new verticals outside of the Nordics.

The insurance space has been a hotbed of innovation over the past few years, but pricing might have been left out.

On the back of raising $6m in a new funding round, Envelop Risk will grow its cyber and speciality (re)insurance business propelled by proprietary machine-learning and data-driven underwriting.