Tag: insurtech

Having kicked off its journey four years ago, UK-based InsurTech startup Brolly is now closing its books after being acquired by Direct Line Group.

Companies in India more than doubled their share of global deal activity in less than two years.

When major FinTech companies like Monzo suffer a down round, it can causes a cloud of fear over the market, but there will still be a need for digital financial and insurance solutions post-pandemic.

InsurTech Insuritas has partnered with Indiana-based mortgage lender First Federal Savings Bank to build a turnkey, virtual insurance agency.

Insurance marketplace PolicyBazaar has reportedly raised a further $130m from SoftBank, despite the chief executive believing the previous expansion efforts led by the mega investor were a "mistake."

The trade body Insurtech UK has partnered with investment platform Seedrs to connect emerging InsurTechs with investors and investors in an effort to encourage adoption of new technology.

Concirrus, an insurance software developer, has raised $6m in funding, coming hot off the heels of its $20m Series B.

MAPFRE is looking for InsurTech startups to join its third insur_space fast-track-to-market accelerator programme.

Canada-based InsurTech platform Foxquilt has closed its seed round on $3.5m, which will be used to enhance its technology and data science.

France-based InsurTech Koala has scored €1.6m in a funding round led by UK-based incubator and fund Insurtech Gateway.