InsurTech

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...