InsurTech

US insurtech Player’s Health appoints industry heavyweight to boost insurance division

US insurtech Player’s Health appoints industry heavyweight to boost insurance division

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Player’s Health, a data-driven insurance and risk management provider that serves the sport and fitness markets, has appointed Naveen Anand as its new president...
Wefox appoints Dr David Stachon to COO role

Wefox appoints Dr David Stachon to COO role

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Wefox, the Germany-based digital insurance company, has appointed the former chief executive officer of Cosmos Direkt, Dr David Stachon, as its new chief operating...
Insurtech Akur8 raises $30m in series B funding

Insurtech Akur8 raises $30m in series B funding

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Akur8, the insurtech automating insurance pricing with its proprietary Transparent AI, has closed a series B funding round worth $30 million, bringing its total...
Anorak raises £5m to boost access to life insurance advice

Anorak raises £5m to boost access to life insurance advice

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Anorak has raised £5 million on its journey to become the most innovative life insurance technology company in Europe. The round was led by Outward...
Wefox closes series C, makes every employee a shareholder

Wefox closes series C, makes every employee a shareholder

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Wefox, the Germany-based digital insurance company, has raised $650 million for its series C funding round led by Target Global, resulting in a post-money...
Bought By Many secures $350m in funding

Bought By Many secures $350m in funding

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UK biggest insurtech Bought By Many has completed a $350 million series D funding round through its holding company Many Group, securing a valuation...
Wrisk makes three appointments to boost automotive insurance expertise

Wrisk makes three appointments to boost automotive insurance expertise

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Wrisk has appointed three specialists in automotive insurance following its recent series A funding round. Robert Cottrell joins the UK insurtech as head of commercial...
Crypto insurance company Evertas raises $5.8m in seed funding

Crypto insurance company Evertas raises $5.8m in seed funding

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Evertas, the crypto insurance company, has raised nearly $5.8 million in seed funding.  The funding round was led by Morgan Creek Digital, CMT, HashKey, Wave...
Wrisk raises £4.6m in series A funding

Wrisk raises £4.6m in series A funding

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UK insurtech company Wrisk has raised £4.6 million in series A funding. QBN Capital led the round, which also featured Guinness Asset Management and Cell...
Blink partners with Terrawind Global Protection for flight disruption support

Blink partners with Terrawind Global Protection for flight disruption support

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Ireland-based insurtech company Blink is launching a major expansion of its flight disruption insurance offering in Central and Latin America this month. Blink has partnered...
Insurtech firm Beam Dental raises $80 million

Insurtech firm Beam Dental raises $80 million

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Beam Dental, a digital-first dental insurer that rewards its members for good dental hygiene, has raised $80 million in an oversubscribed series E funding...
Eurapco and B3i develop blockchain solution for mutual insurers

Eurapco and B3i develop blockchain solution for mutual insurers

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Eurapco, a strategic alliance of eight mutual European insurers, and B3i are launching Eurapco Unity, an operational solution built on blockchain infrastructure that enables...
Unqork partners with Life.io after bumper valuation

Unqork partners with Life.io after bumper valuation

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Enterprise no-code software platform provider Unqork has struck a strategic partnership with Life.io to develop insurance solutions, just weeks after raising $207 million in...
Cover Genius secures A$15 million in new funding

Cover Genius secures A$15 million in new funding

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Insurtech company Cover Genius has raised A$15 million as it expands its product suite and partner network globally. The funding announcement comes as the company...
Urban Jungle raises additional £1.6 million

Urban Jungle raises additional £1.6 million

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Renters' insurance provider Urban Jungle has gained a further £1.6 million of investment in its second major funding round of the year. The UK-based insurtech...
Amazon Pay partners with Acko to offer car and bike insurance in India

Amazon Pay partners with Acko to offer car and bike insurance in India

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Amazon Pay has teamed up with Acko, India's first digital insurer, to offer car and bike insurance. Customers can now purchase Acko car and bike...
Insurtech fundraising rebounds in Q2 2020

Insurtech fundraising rebounds in Q2 2020

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Global insurtech investment bounced back in Q2 2020 to $1.56 billion after a Covid-19-induced slowdown, according to insurance adviser and broker Willis Towers Watson. The...
EIS - putting the customer at the heart of insurance

EIS: putting the customer at the heart of insurance

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  EIS is the San Francisco-headquartered operator of a platform that allows insurers to rapidly create and deploy new and innovative products and services via...
Lemonade to launch IPO on New York Stock Exchange

Lemonade to launch IPO on New York Stock Exchange

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SoftBank-backed US insurtech Lemonade has confirmed plans to float on the New York Stock Exchange. Lemonade, the provider of AI-powered renters and homeowners insurance in...
Insurtech Hippo to buy incumbent Spinnaker Insurance Company

Insurtech Hippo to buy incumbent Spinnaker Insurance Company

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US insurtech Hippo has lined up a deal to acquire its home insurance partner Spinnaker Insurance Company. Hippo has partnered with US property and casualty...
Nimbla and Wiserfunding team up to help UK SMEs facing cash shortage

Nimbla and Wiserfunding team up to help UK SMEs facing cash shortage

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Invoice insurance provider Nimbla has teamed up with small- and medium-sized enterprise (SME) credit risk assessment platform Wiserfunding to improve the availability and pricing...
Insurtech funding falls by more than half

Insurtech funding falls by more than half

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Insurtech funding fell more than 50% during Q1 2020, as the Covid-19 pandemic continues to exert significant downward economic pressure across the globe. Insurance adviser...
Insurtech EIS launches in the UK

Insurtech EIS launches in the UK

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San Francisco-based insurtech EIS, operator of a platform that allows insurers to rapidly create and deploy new and innovative products and services via open...
UK insurtech honcho raises additional £1.2 million

UK insurtech honcho raises additional £1.2 million

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UK-based insurtech startup honcho, the provider of the jurisdiction's first reverse auction marketplace for financial services, has raised £1.2 million (USD 1.5 million) in...
Barclays partners with invoice insurtech Nimbla

Barclays partners with invoice insurtech Nimbla

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Barclays has partnered with fintech Nimbla to offer flexible invoice insurance to small- and medium-sized entities (SMEs). One million SMEs that bank with Barclays will...
Insurtech Cover Genius eyes travel expansion with new hire

Insurtech Cover Genius eyes travel expansion with new hire

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Cover Genius, the insurtech whose insurance distribution platform provides regulated policies that integrate into online point of sale and signup paths, has appointed Peter...