AI insurtech Sixfold raised $6.5 mn to streamline insurance underwriting
New York-based generative AI insurtech Sixfold has raised $6.5 mn in seed funding led by Bessemer Venture Partners and included Crystal Venture Partners
InsurTech News
Instabase launched of AI Hub – a repository of artificial intelligence apps
Instabase announces the launch of AI Hub – a repository of AI apps focused on content understanding and a set of generative AI-based tools
Insurtech bolt partners with Ohio Mutual to offer smartphone insurance coverage
bolt, the insurtech with the technology-enabled insurance exchange and a leader in device protection programs, today announced a partnership with Ohio Mutual
Capgemini and Google Cloud partners in data analytics & artificial intelligence
Capgemini and Google Cloud announced a major expansion of their long-standing strategic partnership in data analytics and artificial intelligence
Insurtech Sami sequred $18 mn in Series B funding round led by Redpoint Ventures
Sami, a pioneering Brazilian insurtech and primary care startup, has raised $18 million in their Series B funding round
Simplifai launches generative AI tool InsuranceGPT
Simplifai, an AI automation solutions provider, launches Simplifai InsuranceGPT – a custom-built GPT tool
ZhongAn released AIGC/ChatGPT Insurance Industry White Paper
China’s ZhongAn Insurance and ZhongAn Technology have made a groundbreaking move in the insurance industry, releasing the first-ever white paper
Insurtech Cover Genius expands executive team: Kyle Keogh appointed as CBO
Insurtech Cover Genius expands executive team to support growth of XCover, the insurtech’s consumer site, brings on former Google executive, Kyle Keogh
Cloud-based Insurtech Novidea raised $50 mn funding
Insurtech Novidea, a cloud-based, data-driven platform, has raised $50 mn in its latest round of funding led by Battery Ventures
Travel insurtech Faye raised $10 mn in Series A funding
Travel insurtech startup Faye has raised $10 mn in Series A funding just a year after launching its product in the U.S., bringing the company’s total funding to $18mn
Insurtech Kin reportes $83 mn in gross written premium for the Q1 2023
Insurtech Kin finished the first quarter of 2023 with $83 mn in gross written premium, which was positively impacted by $33 mn in new bound premium
Insurtech wefox raised $110mn from Series D extension a $55m credit facility
Germany-based insurtech wefox has raised a total of $110m with a $55m credit facility from J.P. Morgan and Barclays
Insurtech bolttech raised $196 mn and valued at $1.6 bn in Series B
Insurtech bolttech announced it raised $196 million in connection with its Series B with an up-round valuation of $1.6 billion
Insurtech Cover Genius partners with Volaris to travel insurance protect
When booking flights, Volaris customers will have the option to protect their international travel through various coverages offered by Cover Genius such as medical insurance
European insurtech wefox launched global affinity business
European insurtech wefox has launched its global affinity business, which connects insurance companies with suppliers to distribute insurance products
Insurtech Root Q1 2023 results: premium decreased by 28% to $135 mn
Root Insurance shared its Q1 2023 results. The insurtech ended the quarter with 199,685 policies in force, a decrease of 135,588 auto policies (40%)
Insurtech Lemonade shared Q1 2023 results: premium reached $653 mn (+56%)
Insurtech Lemonade shared its Q1 2023 results. The company ended the quarter with 1,856,012 customers, a 23% increase
Spanish pet insurtech Barkibu sequred €4.5 mn funding led by Kfund
Spanish startup Barkibu, a pet health insurance and preventive coverage provider, has raised €4.5 million in a funding round led by Kfund
Insurtech Hippo announced TGP premium growth of 59% to $245 mn
Insurtech Hippo has announced total generated premium (TGP) growth of 59% to $245 mn in Q1 2023, compared to $154 mn a year ago
Percipience and insurtech Concirrus’ partnership will bring data analytics & AI capabilities
Percipience, an insurance data and analytics platform provider is pleased to announce a new partnership with Concirrus, a artificial intelligence insurtech
Moody’s RMS is integrating NRMC into its Intelligent Risk Platform
Moody’s RMS, the leading global catastrophe risk modeling and solutions company, is integrating Nasdaq’s Risk Modelling for Catastrophes (NRMC) service
Swiss Re forms partnership with insurtech Benekiva to create an digital claims
Swiss Re and insurtech Benekiva, known for their configurable rules-driven claims and servicing platform solution have formed a strategic partnership
AI WealthTech Range sequred $12 mn funding led by Gradient Ventures
Range, the all-in-one AI WealthTech platform, had raised $12 mn in funding led by Gradient Ventures, Google’s AI-focused venture fund
Verisk and CCC announced a partnership to P&C insurance claims innovations
Verisk Analytics, a leading global data analytics and technology provider, and CCC Intelligent Solutions (CCC), a cloud platform, have announced a strategic partnership
Insurtech NEXT selected Akur8’s Risk and Rate modelling solution
Akur8, the next generation insurance pricing solution powered by transparent machine learning, has announced its entrance into an agreement with NEXT Insurance
Risk Management insurtech YellowBird secured $5 mn Seed round
YellowBird, a EHS and Risk Management technology platform, announced the completion of its $5 mn Seed round funding
Cyber insurtech Coinnect selected for Plug and Play Insurtech Innovation Program
Coinnect, cutting-edge Cyber Insurtech, announces its selection to participate in the Plug and Play Batch 10 Insurtech Innovation Program
Insurance marketplace Capitola raised $15.6 mn in Series A funding
Capitola, the digital marketplace for commercial insurance that connects brokers and carriers and uses AI-based risk appetite matching to streamline the placement process
Insurtech Insurity will provide cloud-based Sure Underwriting Workbench solution
Insurity, a insurtech provider of cloud-based software for insurance carriers, brokers, and MGAs, will provide its new, cloud-based Sure Underwriting Workbench solution
Insurers must offer Cancel for Any Reason protection for event tickets & flights
Global Consumers More Likely to Purchase Event Tickets, Flights and Accommodations if Offered ‘Cancel for Any Reason’ (CFAR) Protection
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
Insurance intersects with nearly every sector: infrastructure, logistics, health, environmental risk, and beyond
Lloyd’s Lab accelerator has become a major force in insurance innovation, securing over $1 bn to support startups transforming the industry, launching 6 years ago