Tag: insurtech

US-based InsurTech company b atomic has reportedly collected $1m in its seed funding round. The investment was backed by private equity firm Oak Tree Equity...

kWh Analytics, which supports insurance for the climate, has received $20m in funding to support its expansion efforts.

Security firm Armorblox has partnered with InsurTech firm Coaliation to offer an end-to-end solution that combines best in-class email security and cyber insurance to companies.

InsurTech is evolving rapidly. The sector has flourished over the past few years and new trends are always taking centre stage. To stay ahead...

In digital transformation initiatives, claims experiences have often been neglected due to the fact they are an expense and not a value driver. However, improving customer experience in these processes could be the secret to keeping more clients. One of the companies pioneering this charge is Benekiva.

Revolut has expanded its market presence after entering the InsurTech market through the launch of a pet insurance product.

UK-based InsurTech firm Stubben Edge has raised £10m from an investment round that including firms such as Lloyd’s Names and a range of institutional investors.

US-based Ascend, which claims to be the first modern insurance payments platform, has bagged $30m in its Series A, alongside a further $250m in a lending commitment.

Bicycle insurance platform Laka has raised €10.6m in a Series A round of funding led by US mobility investor Autotech Ventures.

Blockchain-based insurance will transform claims administration and save $10bn in costs globally by 2024, up from $1.1bn in 2021, according to a report from Juniper Research.