Insurity, a provider of cloud-based software and analytics for insurance carriers, brokers, and MGAs, has partnered with Gain Life, a firm focused on improving the claims process
ICEYE, a satellite-based disaster management provider, announced that Aon has expanded its data licensing agreement. Aon will now include ICEYE’s Flood Insights data
Indian insurtech insuranceDekho has launched Heph, a SaaS platform designed to streamline insurance distribution
Cypriot real estate AI-startup Placy sequred €1 mn in pre-seed funding led by Zubr Capital, an European Fund regulated by CySEC, focused on investing in high potential IT companies
CultureAI, a human risk management platform, secured $10 mn in Series A funding led by Mercia Ventures and Smedvig Ventures
Insurtech Socotra announced that Jetty, the fintech company on a mission to make renting a home more affordable and accessible, has gone live and migrated Jetty Deposit
Canadian insurtech startup YouSet has secured $2.57 mn in an oversubscribed seed funding round aimed at improving the insurance shopping experience
QuickFacts, an insurtech startup dedicated to enhancing efficiency in the insurance industry, sequred of an oversubscribed $2 mn funding round led by Sandpiper Ventures
Capitalize, the first platform to help consumers and financial institutions digitally find and transfer retirement assets, sequres of a $19 mn Series B funding round
Companion Protect, a Kansas City-based pet health administration company, announced it has closed a $20.25 mn extension round from Series A investors
Wealth management startup Savvy Wealth has raised an additional $15.5 mn as part of its Series A round, bringing the total raised to $26.5 mn led by Canvas Ventures
Lemonade, a leading insurtech company, has announced its financial results for the second quarter of 2024. In Force Premium (IFP) increased by 22%
Montreal-based cyber insurtech Inscora has raised $2 mn in funding led by Luge Capital, with participation from Desjardins Capital, Accelia Capital
Austin-based startup Chaiz, the first comparison marketplace for extended car warranties oversubscribed $3.7 mn seed funding round
Boost Insurance announced a new equity investment from BHMS Investments, a private firm specializing in middle-market insurance and related businesses
Israeli travel insurtech Faye raised $31 mn in Series B funding, bringing its total funding to $49 mn
Gradient AI, a enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, has raised $56 mn in a Series C
Insurtech Canopy Connect, an insurance verification technology provider, launched solution for insurance agencies that addresses gaps in the insurance
Insurtech CLARA Analytics, a provider of artificial intelligence technology for insurance claims optimization, launched Claims Document Intelligence Pro
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 its self-driving car unit, Waymo. This funding will help Waymo build the world’s leading autonomous driving company
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 has sequred $140 mn in new growth funding and debt financing led by Savant Growth
Cyber insurtech Cowbell has closed a €55 mn Series C equity round led by Zurich Insurance Group, a global multi-line insurer
Indian insurtech platform Plum has introduced Plum Perks, a comprehensive healthcare and wellness benefits suite for employees
AI insurtech Lemonade announced its 2024 Giveback, marking the eighth year of donations to various local and global charities selected by customers
Insurtech Juno, the US company to offer child disability insurance, has sequred an $8.5 mn Series A funding round led by Spero Ventures
To help insurers, Verisk introduced the ISO Experience Index. This innovative tool modernizes how actuaries analyze risk patterns
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, an innovation accelerator launched by Lloyd’s of London, hosted ‘Demo Day’ for Cohort 12 of its 10-week Accelerator programme
Priceline and embedded insurtech Cover Genius have announced a new partnership to introduce enhanced travel protection for flights, hotels, rental cars
Lemonade, the AI-driven insurtech company, has launched Buildings and Contents insurance in the UK. This expansion allows UK homeowners to purchase
Wefox Holding is replacing Chief Executive Officer Mark Hartigan after the insurtech startup’s board rejected a proposal by its largest stakeholder
Sidecar Health raised $165 mn in a Series D funding round led by Koch Disruptive Technologies, supported by GreatPoint Ventures
Eastern Alliance Insurance Group, a wholly-owned subsidiary of ProAssurance Corporation, has selected the CLARAty:ai platform
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, a developer of a cloud-based, data-driven insurance management platform, has announced the acquisition of Docomotion
Kin reported its operating results for the Q1 2024. The company achieved $112.7 million in gross written premium, marking a 53.8% increase
Digital reinsurance platform Supercede has sequred $15 mn in a Series A funding led by Alven, with participation from Mundi Ventures, Outward, Seedcamp
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 has announced that the Kin Interinsurance Network and Kin Interinsurance Nexus Exchange have finalized their reinsurance programs
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
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 has been around for decades, but its presence in public consciousness has increased dramatically since the advent of generative AI tools
Honeycomb Insurance sequred $36 mn in Series B led by Zeev Ventures. Honeycomb plans to use its new funding to double its workforce
Understory, a Wisconsin-based insurtech, has raised a new $15 mn round of Series A capital co-led by True Ventures and Prelude Ventures
Rhino, the security deposit insurtech, has secured 500,000 committed units to Rhino Integrated, its new user experience offering deposit insurance
Wealth-building digital platform Amplify Life Insurance has raised $20 mn in a Series B funding round co-led by Crosslink Capital and Anthemis
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
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
Anterior, an insurtech company leveraging AI, has raised $20 mn in Series A funding at a $95 mn valuation
International insurtech bolttech has partnered with HAVA, a B2B procurement company in Indonesia to allows HAVA to offer comprehensive device protection solutions
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, a financial product management platform, has secured $60 mn in a Series B+ funding round led by Molten Venture
Indian insurtech Coversure has raised $4 mn in a pre-Series A funding round led by Enam Holdings, a seasoned regional investor
Habit, a Portuguese insurtech specializing in embedded insurance and digital distribution, has launched a new product: Habit Bill Protection Insurance
Swiipr, a travel paytech company, has raised $7.6 mn in funding to advance its platform for airline disruption payments, led by Octopus Venture
Authentic Insurance, a New York-based insurtech startup, has raised $11 mn in a Series A funding round, led by FirstMark Capital
Insurtech APOLLO has raised $13.4 mn to establish its buy-now-pay-later (BNPL) subsidiary, Finshore
ifeel raises $20 million to save millions in mental health-related disability, productivity and claims for insurance companies and corporates around the world
