Insurtech Gradient AI sequred $56 mn in a Series C funding
Gradient AI, a enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, has raised $56 mn in a Series C
InsurTech News
Insurtech Canopy Connect launched new solution for insurance agencies
Insurtech Canopy Connect, an insurance verification technology provider, launched solution for insurance agencies that addresses gaps in the insurance
AI-insurtech CLARA Analytics launched Claims Document Intelligence Pro
Insurtech CLARA Analytics, a provider of artificial intelligence technology for insurance claims optimization, launched Claims Document Intelligence Pro
IRDAI grants approval for InsuranceDekho to enter reinsurance broking
Indian insurtech platform InsuranceDekho has gained approval from the Insurance Regulatory and Development Authority of India (IRDAI) to enter the reinsurance broking
Alphabet is investing $5 bn in Waymo, a self-driving car unit
Alphabet is investing $5 bn in its self-driving car unit, Waymo. This funding will help Waymo build the world’s leading autonomous driving company
Insurtech Zebra acquired digital platform Marble
Insurtech Zebra has acquired digital platform for managing and saving on insurance Marble. The acquisition is effective as of July 25
AI-powered technology company IntelePeer sequred $140 mn
AI-powered technology company IntelePeer has sequred $140 mn in new growth funding and debt financing led by Savant Growth
Insurtech Cowbell sequred €55 mn Series C led by Zurich
Cyber insurtech Cowbell has closed a €55 mn Series C equity round led by Zurich Insurance Group, a global multi-line insurer
Indian insurtech Plum launched Plum Perks, a healthcare benefits
Indian insurtech platform Plum has introduced Plum Perks, a comprehensive healthcare and wellness benefits suite for employees
Lemonade’s Giveback brings $10 mn donations across 86 organizations
AI insurtech Lemonade announced its 2024 Giveback, marking the eighth year of donations to various local and global charities selected by customers
Insurtech Juno sequred an $8.5 mn Series A led by Spero Ventures
Insurtech Juno, the US company to offer child disability insurance, has sequred an $8.5 mn Series A funding round led by Spero Ventures
Verisk introduced ISO Experience Index for insurers
To help insurers, Verisk introduced the ISO Experience Index. This innovative tool modernizes how actuaries analyze risk patterns
Insurtech Otonomi launched Air Cargo Delay Parametric Insurance
Insurtech Otonomi has introduced a new global three-hour Air Cargo Delay Parametric Insurance. This product addresses a critical gap in air cargo insurance
Lloyd’s Lab hosted ‘Demo Day’ for insurtech startups (Cohort 12)
Lloyd’s Lab, an innovation accelerator launched by Lloyd’s of London, hosted ‘Demo Day’ for Cohort 12 of its 10-week Accelerator programme
Cover Genius launched technology-driven travel insurance for Priceline
Priceline and embedded insurtech Cover Genius have announced a new partnership to introduce enhanced travel protection for flights, hotels, rental cars
Insurtech Lemonade launched Buildings & Contents insurance in the UK
Lemonade, the AI-driven insurtech company, has launched Buildings and Contents insurance in the UK. This expansion allows UK homeowners to purchase
Insurtech Wefox changes CEO: Mark Hartigan steps down
Wefox Holding is replacing Chief Executive Officer Mark Hartigan after the insurtech startup’s board rejected a proposal by its largest stakeholder
Insurtech Sidecar Health raised $165 mn Series D led by Koch Disruptive Tech
Sidecar Health raised $165 mn in a Series D funding round led by Koch Disruptive Technologies, supported by GreatPoint Ventures
Eastern Alliance Insurance selected CLARA Analytics’ insurtech platform
Eastern Alliance Insurance Group, a wholly-owned subsidiary of ProAssurance Corporation, has selected the CLARAty:ai platform
Insurtech Feather sequred €6 mn in funding led by Keen Venture
Insurtech Feather, a startup offering digital insurance solutions for expats in Europe, has secured €6 mn in funding. Keen Venture Partners led the round
Novidea acquires automated document generation startup Docomotion
Novidea, a developer of a cloud-based, data-driven insurance management platform, has announced the acquisition of Docomotion
Insurtech Kin achieved $113 mn in written premium in Q1 2024
Kin reported its operating results for the Q1 2024. The company achieved $112.7 million in gross written premium, marking a 53.8% increase
Reinsurtech Supercede sequred $15 mn in a Series A
Digital reinsurance platform Supercede has sequred $15 mn in a Series A funding led by Alven, with participation from Mundi Ventures, Outward, Seedcamp
Insurtech Wopta Assicurazioni closed a €4.1 mn Series A funding
Wopta Assicurazioni, an insurtech MGA focused on protecting businesses and professionals from everyday risks, has closed a €4.1 mn Series A funding round
Insurtech Kin Insurance completed reinsurance program
Insurtech Kin Insurance has announced that the Kin Interinsurance Network and Kin Interinsurance Nexus Exchange have finalized their reinsurance programs
GenAI startup Orby AI secured $30 mn funding in Series A
Orby AI, a startup in the realm of enterprise automation, has secured a $30 million funding round to propel its mission of streamlining mundane processes
Climate insurtech IBISA raised €2.8 mn led by ARAF and Equator
Luxembourg-based climate insurtech IBISA Network has raised a €2.8 mn funding led by The Acumen Resilient Agriculture Fund (ARAF) and Equator
Artificial intelligence presence increased since advent of generative AI tools
Artificial intelligence has been around for decades, but its presence in public consciousness has increased dramatically since the advent of generative AI tools
Insurtech Honeycomb raised cumulative funding to about $55 mn
Honeycomb Insurance sequred $36 mn in Series B led by Zeev Ventures. Honeycomb plans to use its new funding to double its workforce
Insurtech Understory raised a new $15 mn round of Series A
Understory, a Wisconsin-based insurtech, has raised a new $15 mn round of Series A capital co-led by True Ventures and Prelude Ventures
Insurtech Rhino secured 500K committed units to Rhino Integrated
Rhino, the security deposit insurtech, has secured 500,000 committed units to Rhino Integrated, its new user experience offering deposit insurance
Digital platform Amplify Life Insurance raised $20 mn in Series B
Wealth-building digital platform Amplify Life Insurance has raised $20 mn in a Series B funding round co-led by Crosslink Capital and Anthemis
Insurtech ZA Tech, rebranded as Peak3, raised $35 mn Series A
ZA Tech, the insurance core system SaaS provider, has rebranded as Peak3 and has raised a $35 mn in Series A funding led by EQT and Alpha JWC Ventures
Insurtech Pyte raised additional $5 mn led by Myriad Venture
Los Angeles-based insurtech Pyte, specialising in secure computation platforms, has raised an additional $5 mn in funding, bringing its total funding to over $12 mn
AI insurtech Anterior raised $20 mn in Series A at a $95 mn valuation
Anterior, an insurtech company leveraging AI, has raised $20 mn in Series A funding at a $95 mn valuation
Insurtech bolttech partnered with HAVA in Indonesia
International insurtech bolttech has partnered with HAVA, a B2B procurement company in Indonesia to allows HAVA to offer comprehensive device protection solutions
Shipping insurtech Orca AI secured $23 mn new funding
Orca AI, a Tel-Aviv-based shipping insurtech company, has secured $23 mn in new funding, bringing its total raised to $38.6 mn
FintechOS secured $60 mn in a Series B+ funding led by Molten Venture
FintechOS, a financial product management platform, has secured $60 mn in a Series B+ funding round led by Molten Venture
Insurtech Coversure raised $4 mn in a pre-Series A led by Enam
Indian insurtech Coversure has raised $4 mn in a pre-Series A funding round led by Enam Holdings, a seasoned regional investor
Insurtech Habit launched a Habit Bill Protection Insurance
Habit, a Portuguese insurtech specializing in embedded insurance and digital distribution, has launched a new product: Habit Bill Protection Insurance
Swiipr raised $7.6 mn to advance airline disruption payments platform
Swiipr, a travel paytech company, has raised $7.6 mn in funding to advance its platform for airline disruption payments, led by Octopus Venture
Insurtech Authentic raised $11 mn in a Series A led by FirstMark Capital
Authentic Insurance, a New York-based insurtech startup, has raised $11 mn in a Series A funding round, led by FirstMark Capital
Insurtech APOLLO sequred $13.4 mn to establish a Finshore
Insurtech APOLLO has raised $13.4 mn to establish its buy-now-pay-later (BNPL) subsidiary, Finshore
Insurtech ifeel sequred $20 mn in Series B led by FinTLV Ventures
ifeel raises $20 million to save millions in mental health-related disability, productivity and claims for insurance companies and corporates around the world
Insurtech Sixfold raised $15 mn in Series A to develop AI underwriting platform
Sixfold, the insurtech empowering underwriters with a generative AI solution for end-to-end risk analysis, has raised $15 mn in Series A funding
UK Insurtech Bondaval sequred £15 mn led by Dawn Capital
Insurtech Bondaval has sequred a £15 mn funding round from investors led by the seasoned investor Dawn Capital, who was an early backer of iZettl
Insurtech Concirrus launched general aviation insurance platform Quest Aviation
Concirrus, a data and analytics platform for commercial insurance, has launched Quest Aviation, a platform designed to enhance efficiency for underwriters
Insurtech At-Bay expanded its Cyber and Tech E&O Excess & Surplus coverage
Cyber insurtech At-Bay has expanded its Cyber and Tech E&O Excess & Surplus coverage to businesses with up to $5 bn in revenue
Appian integrated with Swiss Re’s automated life insurance underwriting in EMEA
Appian, in collaboration with Swiss Re, announced the expansion of the Connected Underwriting Life Workbench to select countries in Asia Pacific, Europe, the Middle East
CLARA Analytics launched of a fraud detection product for insurance claims
CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimization, has launched of a fraud detection product that leverages
Insurtech CoverGo digitizes GMS’s entire health insurance ecosystem
Group Medical Services (GMS), a health insurance company in Canada, and insurtech CoverGo, a global no-code insurance SaaS platform for insurers
Insurtech INZMO launched AI-RentalBot to assist tenants & landlords
Insurtech INZMO has launched RentalBot, an AI-powered chatbot designed to assist tenants and landlords with legal inquiries related to rental issues
Insurtech Vitesse raised $93 mn in Series C funding
Insurtech Vitesse, a payment solutions provider for the insurance industry, has raised of a $93 mn Series C funding round
Insurtech Cover Whale sequred $27.5 mn from Morgan Stanle
Insurtech Cover Whale Insurance Solutions, specialising in connected insurance for commercial auto, has sequred $27.5 mn in debt and equity
ICEYE launched Flood Early Warning, satellite solutions for UK insurers
ICEYE, a satellite-powered disaster management solutions, has launched of its high-resolution Flood Early Warning and ongoing customer pilots of Flood Rapid Impact
Insurtech Cortical will help Swiss Re for digital transformation in group insurance
AI-insurtech Cortical announced a strategic alliance with Swiss Re, a global leader in reinsurance. The collaboration aims to facilitate the adoption
Re/Insurance marketplace CatX launched Catamaran, AI-powered tool
CatX, a marketplace that connects (re)insurers and brokers with alternative capital, announced the launch of Catamaran, a stand-alone artificial-intelligence powered tool
Insurtech Cover Genius announced its $80 mn Series E funding
Cover Genius, the insurtech for embedded protection, today announced its $80 mn Series E funding round led by Spark Capital
Insurtech Honeycomb sequred $36 mn Series B led by Zeev Ventures
Israeli insurtech company Honeycomb, specializing in multi-family properties, has sequred $36 mn in a Series B funding round led by Zeev Ventures
Insurtech Eleos raised $4 mn seed funding round
UK-based insurtech company Eleos has raised $4 mn in a seed funding round to support its planned expansion into the United States
Global InsurTech funding rose 19.5% to $5.1 bn, with Q4 driving momentum as deal count and average size increased sharply, marking the first annual increase since 2021
InsurTech moves past disruption narrative, focuses on underwriting, AI, and operational efficiency as funding drops and insurers demand measurable results
The first notice of loss (FNOL) is the starting point for every insurance claim. It sets the tone for the entire claims cycle. And for years, this process has been manual
InsurTech funding crossed a significant milestone in Q2 2025, with $60.8bn raised since records began in 2012. The data reflects the scale of investor appetite over 10Y