InsurTech News

Canopy Connect, the insurtech platform for collecting, verifying, and monitoring insurance information, has closed a $6.5 mn Series A funding round

International insurtech bolttech has acquired Digital Care, a leading embedded protection company based out of Poland

SkyWatch, a specialty InsurTech focused on digital insurance for the aviation industry, announced the acquisition of the assets of DroneInsurance from REIN

Allium Data, a disruptive insurtech startup, announced the close of a pre-seed funding round of $750,000. The funding round comes from Markd

Coinnect, an emerging startup in the Cyber Insurtech sector, announces that it has been selected, among more than 150 start-ups worldwide

CoverGo, the global SaaS no-code insurance core platform for health, P&C, and life, has recently been granted a patent that recognizes the innovative technology

Reserv, the AI-driven insurance claims processing startup, secured of $20 mn Series A round of financing to expand its generative AI claims data analysis tools

InsurSec provider At-Bay has added more than 40 new classes of business to Miscellaneous Professional Liability (MPL) product

Tier 2 Consulting, renowned for its expertise in agile software development, has forged a partnership with Artificial, an innovative UK-based Insurtech

On-demand insurance platform INSHUR has launched its insurance offering for on-demand livery drivers in Arizona, its second state in the US following its success in New York

Delos Insurance Solutions seals a $7.3 mn seed extension round to make available homeowners’ insurance in wildfire-prone areas

Insurtech Ripe has completed its first M&A transaction by acquiring specialist boat insurer, Craftinsure

NEXT Insurance, a digital small business insurtech, announced a differentiated new offering that will enable agents to fully customize coverage quotes

Authentic, an insurtech platform that allows vertical Software-as-a-Service businesses to adopt the benefits of captive insurance, has raised $5.5 mn in seed funding

Home insurtech Openly has raised $100 mn in Series D funding led by Eden Global Partners, a financial institution specializing in providing long term capital

International insurtech bolttech welcomed investment firm LeapFrog Investments as a new strategic investor in an extension of its Series B round

US insurtech Pliable, that aims to make it easier to organise and leverage data, replacing the need for data engineers, has sequred $2.5mn in funding

Fletch Technologies will provide Insurify users with access to pet insurance products across Insurify’s digital marketplace platforms

Software provider Zeelo accelerates its expansion across the United States through a partnership with protection-as-a-Service insurtech platform DigiSur

Insurtech DGTAL has secured strategic funding of €3m to facilitate the scaling of its pathbreaking technology.

The compensation packages for 9 of the 14 CEOs shrank year over year, with three declining by more than 90%

12 insurtech teams that will join the 11th cohort of the Lloyd’s Lab, the InsurTech accelerator hub for developing innovative insurance products in the Lloyd’s market

Insurtech for embedded protection Cover Genius announced a partnership with SKY Airline, a Chilean low-cost airline with flights to over 40 destinations

Insurtech YuLife, a tech-driven financial services company on a mission to inspire life,  has extended its group protection offering to include health insurance

Specialist insurer Apollo Syndicate 1969 has joined forces with Artificial Labs, the algorithmic underwriting insurtech, to introduce an innovative smart follow collaboration

Akur8, the insurance pricing solution powered by Transparent AI, has closed a new funding round of $25 mn, bringing its total funding to over $60 mn

The digital risk processing platform Cytora has announced an integration with CAPE Analytics, in a bid to enhance insurers’ capabilities to assess and manage risks

Insurtech for embedded protection Cover Genius has announced the appointment of David Rudow as its new Chief Financial Officer (CFO)

Embedded insurance software company Redkik has pioneered a Next-Generation Cargo Insurance with Uber Freight

AI-enabled commercial insurtech NOW Insurance, a full-stack platform specialising in medical professional liability insurance coverage, has announced an investment

Duck Creek Technologies announced a historical milestone with its expansion into the Indian general insurance market

US-based climate software vendor Persefoni has launched of its latest AI product (PersefoniGPT) and a $50 million funding round led by TPG Rise

Embedded insurtech Clearcover is launching a new embedded insurance solution, named an ‘insurance-in-a-box’ digital solution to other brands

Insurtech Venteur, the digital health startup helping companies provide personalized health insurance options to employees, has closed a seed funding round at $7.6 mn

Vendor-neutral insurtech platform Vecto has joined Guidewire’s Insurtech Vanguards program, an initiative led by P&C cloud platform provider, Guidewire

BrokerTech Ventures (BTV), broker-led convening platform and accelerator program, has announced the hiring of Emily Schultz as its new Managing Director

InsurTech startup HealthBird selected by Google for Startups for inclusion in the esteemed Latino Founders Fund.

Cover Whale Insurance Solutions, commercial trucking insurance provider and fast-growing insurtech, announced its strategic agreement

Demex, creators of first-of-its kind reinsurance solutions that address the accumulating losses caused by secondary perils, has raised $5 mn

Cover Genius, the insurtech for embedded protection, announced a new partnership with Uber to protect drivers in Brazil