InsurTech
Stubben Edge secures another £5.6m in funding
Stubben Edge Group has secured a further £5.6m investment in an oversubscribed round, giving it a pre-money valuation of £175m.
The group plans to use...
Insurtech Waggel partners with Vet-AI to extend benefits of digital veterinary care
Waggel, an insurtech focused on pet insurance, has partnered with veterinary tech firm Vet-AI.
The collaboration will give Waggel policyholders access to Vet-AI's app Joii...
UK insurtech Superscript secures £45m in series B funding
UK-based insurtech Superscript has secured £45m in a series B funding round.
The funding will be used to develop its underwriting and broking capabilities,...
Duck Creek Technologies to acquire Imburse Payments
US-based Duck Creek Technologies has agreed to acquire Imburse Payments, a cloud-based payments platform.
Switzerland-headquartered Imburse’s software-as-a-service payments solution is designed for the insurance industry.
Imburse claims the...
Insurtech Intelligent AI raises £2m in seed funding
UK Insurtech firm Intelligent AI has raised £2m in seed funding to support the growth and development of its underwriting platform for the UK...
Cover Genius raises $70m in series D round to boost expansion
Cover Genius, an insurtech platform, has raised $70m in series D funding led by Dawn Capital.
The investment will be used to further expand its...
UK insurtech firm YuLife expands to the US
YuLife is bringing its brand of gamified group life insurance to the US after officially launching in the country.
The London-headquartered insurtech company provides group...
Previsico hires partnerships manager to support accelerated demand in UK and US
Previsico has appointed a partnership manager to support the insurtech’s bid to drive business development across the UK and US insurance markets.
Johnny Stubbs (pictured)...
Pie Insurance adds to executive team
US insurtech Pie Insurance has appointed two executives to its leadership team.
Ekta Aggarwal has joined Pie, which provides workers’ comp insurance for small businesses,...
Imburse partners with Sapiens to provide access to global payments
Imburse, a cloud-based payment middleware provider, has a struck an integration partnership with insurance software firm Sapiens International Corporation.
The partnership will enable insurers that...
Entries open for Insurtech Isle of Man and F10 acceleration programme
Insurtech Isle of Man has launched a joint acceleration programme with F10 for growth-stage startups and is now accepting applications.
Interested insurtech startups can apply...
Insurtech Cover Genius acquires embedded ticket protection specialist Booking Protect
US insurtech firm Cover Genius has acquired Booking Protect, a specialist in embedded ticket protection for ticket sellers, platforms and live event companies.
The acquisition will...
Insurtech firm wefox raises $400m
Germany-based insurtech wefox has closed a series D funding round worth $400 million.
The equity and debt round gives wefox a post-money valuation of $4.5...
Insurtech YuLife aims to take wellness global after $120m series C
Insurtech company YuLife has raised $120 million in a series C funding round.
UK-based YuLife plans to invest the capital in a geographical expansion and...
Insurtech Confianza secures seed funding
Confianza, a provider of data analytics and machine learning to insurance agents, brokers and carriers throughout the US, has completed the first close of its...
Digital insurer Getsafe extends series B funding round
Digital insurer Getsafe has secured another $63 million in funds, extending its series B round to $93 million.
Among the newest investors in the insurtech, which serves 250,000 customers in...
Data science fintech Incited strengthens senior leadership team
Incited has appointed Dan Fiehn as chief operating officer to strengthen the experience of its senior leadership team in insurance, innovation, technology and digital.
A former Incited client, Fiehn joins the UK data science fintech after 10 years with Markerstudy Insurance...
Eos Venture Partners hires Zach Powell as general partner
Eos Venture Partners, the venture capital fund focused exclusively on insurtech, has hired Zach Powell as general partner based in Southern California.
Powell brings deep...
US insurtech Player’s Health appoints industry heavyweight to boost insurance division
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, 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
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 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, 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
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 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
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
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
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
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, 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
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
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
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 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
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 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
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
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
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 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
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-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 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
Cover Genius, the insurtech whose insurance distribution platform provides regulated policies that integrate into online point of sale and signup paths, has appointed Peter...