Insurtech Accelerant launches a $175 mn sidecar investment vehicle Flywheel Re
Insurtech platform Accelerant has launched a new $175 million sidecar investment vehicle, called Flywheel Re. The new sidecar will provide multi-year risk capital
InsurTech News
Vesttoo deploys $1bn in reinsurance capacity to Clear Blue’s P&C lines
Vesttoo has entered a partnership with Clear Blue Insurance Group to deploy $1bn in reinsurance capacity to Clear Blue’s P&C lines over the next year
InsurTech Investments fell by 80%, leading to job startapers losses
GlobalData’s Deals Database reveals that the value of global investments in insurtech fell by 79.6%. This follows a consistent flow of stories of insurtechs struggling in 2022
Insurtech Lemonade lais off some Metromile employees after M&A closing
Insurtech Lemonade has laid off some Metromile employees after closing its acquisition of the company. Lemonade said around 20% of Metromile’s team was affected
AI-digital platform for insurance agencies COVU closed a $10 mn seed funding
ManchesterStory Group to create an COVU – AI-enabled digital platform for insurance agencies. The funding will be used to build and scale COVU (formerly Vero Intelligence)
Vehicle platform Autonomy introduced a monthly auto insurance product by Liberty Mutual
Vehicle subscription platform Autonomy introduced a digital, month-to-month auto insurance product into the Autonomy subscription bundle, in partnership with insurer Liberty Mutual
US insurtech Ledgebrook has raised $4.2mn in seed funding
Boston-based insurtech, Ledgebrook, has announced that it has raised $4.2M in seed funding to build out its operations with the goal of writing its first policies in Q4 of 2022
AI-Insurtech Tractable announced a Series D round of $60m and hits Unicorn status
London-based insurtech Tractable, which helps insurance companies rapidly process claims with AI, announced a Series D round of $60m and hits unicorn status
Swedish home Insurtech Hedvig raises €9m from Obvious Ventures and D-Ax
The Swedish home insurance startup Hedvig has raised €9,3m from San Francisco based Obvious Ventures and Swedish retailer group Axel Johnson’s venture leg D-Ax
Insurtech Stoïk raises €11m in a Series A round led by Andreessen Horowitz (a16z)
Franch cybersecurity insurtech Stoïk has raised €11m in a Series A round led by US investment giant Andreessen Horowitz (a16z) to roll out its hybrid insurance
Coalition acquires P&C insurer Digital Affect Insurance from Munich Re
Cyber insurance provider Coalition has acquired property and casualty insurer Digital Affect Insurance from Munich Re.
Indian Insurtech unicorn Digit seeking to raise an estimated $440mn, filed its IPO
Indian Insurtech Digit Insurance has gone ahead and filed for its IPO, despite the current financial climate that has seen other insurtechs defer the process
Marshmallow, car insurtech, announced an $83m Series B
Marshmallow announced an $83m Series B, with prominent backers including Passion Capital, Investec Bank and Scor. It values the company at $1.25bn
Tokio Marine and Arbor Ventures building future of insurtech & digital transformation
Tokio Marine has joined forces with Arbor Ventures, a fintech-focused venture capital firm, to accelerate digital transformation and foster innovation
Sapiens formes a partnership with Shift Technology to provide AI fraud alerts
Sapiens International, a provider of software solutions to the insurance industry, has formed a strategic partnership with Shift Technology, the developer of AI-driven decision solutions
Allianz Direct and Insurtech CHECK24 launches a strategic partnership in Germany & Spain
Allianz Direct and CHECK24 are launching a strategic partnership in Germany and Spain where consumers in both countries will be able to access Allianz Direct products
InsurTech Root announced results: $140mn premium, 298K auto policies
Root, the Columbus digital insurer reported a net loss of $90 million for the second quarter ended June 30, but consumed only $40 million of its unrestricted cash
Insurtech Modern Life launches $15mn of seed funding by Thrive Capital
Modern Life, a tech-enabled life insurance brokerage for advisors, has launched with $15mn of seed funding led by Thrive Capital
Workers’ compensation startup Pie Insurance parners with InsurTechs
Pie Insurance, the specialist provider of cover for small businesses, has forged three, key partnerships to drive its solutions in the marketplace
US InsurTech Socotra raised $50mn in funding capital in Series C round
Insurtech Socotra has expanded its team by 63% and also raised $50mn in funding capital in its Series C round
InsurTech Cover Genius has formed a partnership with the BNPL fintech, Zip
The Australian insurtech Cover Genius has joined forces with leading BNPL provider Zip to offer customers cover on purchases at the point of sale
Gallagher announced the acquisition of risk management organization Another Day
Gallagher announced the acquisition of Another Day. Terms of the transaction were not disclosed. Another Day is a UK-based risk management organizations
Insurtech Lemonade`s Q2 2022 highlights: In-force premiums rises up 54% to $458m
In-force premiums (IFP) Lemonade have risen 54% year on year to reach $458m in Q2 2022. Startup said that (IFP) stood at $297m in Q2 2021 and at $155m in Q2 2020
Insurtech-startup Extend announced the launch of Shipping Protection
San Francisco-based startup allowing merchants to offer product protection plans for their customers Extend announced the launch of Shipping Protection
Mobility data company Wejo announced completion of a self-arranged $16 mn private investment
Mobility data company Wejo announced completion of a self-arranged $15.9 million private investment in public equity (PIPE) investment in Wejo, anchored by Sompo International Holdings,… Read More »Mobility data company Wejo announced completion of a self-arranged $16 mn private investment
Tech Platform Dutchie developing Cannabis Commerce Insurance
Dutchie, the tech platform powering cannabis commerce, is entering insurance. Last month, the startup raised $350M at a $3.75 billion valuation and it currently serves… Read More »Tech Platform Dutchie developing Cannabis Commerce Insurance
Real estate tech-company Rhino announced its partnership with AmTrust Financial
Real estate technology company Rhino announced its partnership with AmTrust Financial to provide an additional $60 mn in premium-writing capacity for its core product offering. AmTrust Financial, an international… Read More »Real estate tech-company Rhino announced its partnership with AmTrust Financial
Kenya’s insurtech startup Lami hits $3.7mn in seed extension led by Harlem Capital
Kenya’s leading insurtech startups, Lami Technologies, has raised US$3.7mn in a seed extension round led by Harlem Capital – a VC that invests in minority and… Read More »Kenya’s insurtech startup Lami hits $3.7mn in seed extension led by Harlem Capital
Dental Insurtech Bento secures $8.1mn as part of its Series A round
Dental insurtech Bento has secured US$8.1mn as part of its Series A round led by Boston-based Schooner Capital, as it bids to improve access to… Read More »Dental Insurtech Bento secures $8.1mn as part of its Series A round
Mulberri – insurtech and business insurance platform, raises $4mn Series Seed
Mulberri, a pioneering insurtech and business insurance platform for modern PEOs and brokers, has announced that it has raised a $4 million Series Seed led… Read More »Mulberri – insurtech and business insurance platform, raises $4mn Series Seed
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