Tag: insurtech

AI-powered Insurance pricing software developer Akur8 has expanded its European presence through a partnership with VIG Poland entities, Beesafe and Compensa.

South Africa-based InsurTech company Pineapple has reportedly netted $3.4m in its Series A funding round, after experiencing 200% growth in six months.

Short-term insurance advice provider Ctrl has secured a $2.3m investment from business funder Naspers Foundry.

A new InsurTech hub has opened in Ireland after 12 key players in the native insurance market collaborated to make it a reality.

Singaporean InsurTech Bolttech has purchased European business-to-business-to-consumer fellow InsurTech I-surance for an undisclosed fee.

US life insurance firm Ethos has secured a $2.7bn valuation after a $100m investment from SoftBank Group.

US InsurTech Kin plans to merge with Omnichannel Acquisition – a special purpose acquisition company – to go public on the New York Stock Exchange (NYSE).

UK Insurtech startup Collective Benefits has secured £6m in a funding round led by US venture firm NFX.

International insurance broker Howden has introduced Parhelion Underwriting with the aim of raising $500m after it was seeded by Howden.

A report by GlobalData has found the cyber insurance industry is predicted to exceed a $20bn gross written premium (GWP) value by 2025.