Tag: Investment
Singapore’s Singlife receives SGD $180m investment from Japanese insurer Sumitomo Life
Singlife, a financial services company from Singapore, announced a significant capital injection today.
NEXT Insurance achieves 500,000 active customer milestone
NEXT Insurance, a prominent digital small business insurer, has achieved a significant milestone by reaching 500,000 active small business customers.
Howden bags £500m to transform start-ups into underwriters
Howden Ventures has secured an impressive £500 million in insurance coverage, thanks to the backing of key industry players like Tokio Marine Kiln, Chaucer, and Liberty Specialty Markets.
Radian closes $353m mortgage insurance-linked notes transaction
Radian has bagged $353m in fully collateralised excess of loss reinsurance coverage through a transaction with Eagle Re 2023-1 Ltd.
InsurTech Boost and Canopius US join forces to bolster Insurance Programs
Boost Insurance, the innovative insurance infrastructure platform, has unveiled a strategic partnership with Canopius US Insurance Holdings, a subsidiary of Canopius Group.
Insurance intelligence firm Percayso Inform nets £2.7m
Percayso Inform, a groundbreaking UK-based company that turns insurance data into insights, has successfully closed a £2.7m funding round. The company, known for its smart solutions which have been adopted by insurers, brokers, and MGAs, continues to expand rapidly.
Claims management tech leader Snapsheet lands investment
Snapsheet, the Chicago-based firm leading the charge in claims management technology, has successfully secured a strategic investment. As an innovator in its sector, Snapsheet's mission is to redefine the landscape of claims handling through its proprietary platform.
Climate risk startup Reask raises $6.55m to refine AI-driven weather modelling
Reask, an innovative company leveraging artificial intelligence (AI) to interpret and predict extreme global weather conditions, announced a successful investment funding total of $6.55m.
Triple Point fuels Marshmallow’s mission with £15m revolving credit facility
Marshmallow, an InsurTech company that strives to make motor insurance accessible to underrepresented sectors, has secured a £15m three-year revolving credit facility from Triple Point Private Credit.
UK InsurTech Superscript nets £45m Series B
Superscript, a digital-first insurance provider to small businesses and high-growth tech firms, has scored £45m in a Series B raise.