Tag: Investment

Radian has bagged $353m in fully collateralised excess of loss reinsurance coverage through a transaction with Eagle Re 2023-1 Ltd.

Boost Insurance, the innovative insurance infrastructure platform, has unveiled a strategic partnership with Canopius US Insurance Holdings, a subsidiary of Canopius Group.

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.

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.

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.

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.

Superscript, a digital-first insurance provider to small businesses and high-growth tech firms, has scored £45m in a Series B raise.

Alicia, a Dutch provider of insurance-as-a-service for freelancers, has scored €7m in seed investment.

InsurTech company Insurance Lounge has closed a round of growth equity financing of $15m to speed up its plans for expansion.

Life and health insurance product distributor Integrity Marketing Group has received investment of $1.2bn from investment firm Silver Lake.