Insurtech mea secured $50 mn from SEP to scale insurance AI platform
AI-native insurtech mea has raised $50 mn in minority growth equity from SEP, marking its first external funding round
InsurTech News
Insurtech Lassie raised $75 mn to scale prevention-first pet insurance in Europe
Stockholm-based Lassie has secured $75 mn in Series C funding to expand its prevention-led pet insurance model across Europe
Italian startup Intuos raises €720 k to digitise general aviation fleets
Italian startup Intuos secures €720k to expand fleet management platform into the US after Europe growth and South Africa distribution deal
Advance raises $8.55 mn seed to modernise insurance payment infrastructure
Advance secures $8.55 mn in seed funding led by nvp Capital to automate premium flows, trust accounts and remittances for insurance intermediaries, turning idle balances into yield
Automata raises $45 mn Series C to scale LINQ lab automation
London-based Automata secures $45 mn Series C led by Dimension to expand its LINQ modular robotics platform and deepen integration with Danaher technologies
Insurify launches first car insurance comparison app on ChatGPT
Insurify introduces the first insurance app in ChatGPT’s directory, enabling users to compare car insurance quotes and reviews directly within the AI platform
Insurtech Equal Parts raised $23 mn Series A to scale US agency roll-up
InsurTech platform Equal Parts secures $23 mn Series A to accelerate independent agency acquisitions and expand its AI-driven operating system
Insurtech ManageMy raised $45 mn to scale global insurance platform
Insurtech ManageMy secures $45 mn, including $20 mn Series B, to expand internationally and advance AI-driven capabilities across its platform
Bound raised €20.7 mn Series A to scale automated FX hedging
UK-based Bound secures €20.7 mn Series A led by AlbionVC to expand automated FX risk management across Europe after trading €1.6 bn in 2025
FinTech Duna raised €30 mn Series A to scale AI business identity platform
Amsterdam-based Duna secures €30 mn Series A led by CapitalG to expand its AI-native digital passport for businesses and scale enterprise identity infrastructure
Startup Chiral raises €10 mn Seed to scale nanomaterial chip integration
Swiss DeepTech startup Chiral secures €10 mn Seed round to commercialise robotic nanomaterial integration for next-generation semiconductor and quantum devices
BioTech Aerska raised €32 mn Series A to advance RNAi brain delivery platform
Dublin-based Aerska secures €32 mn Series A to scale brain shuttle technology for RNAi therapies targeting Alzheimer’s and other CNS diseases
Elaia secures €120 mn first close for Digital Venture Fund V targeting European B2B tech
Paris-based Elaia launches €120 mn first close of DV5, aiming for €300 mn to back European B2B startups from pre-Seed to Series B across AI
Trener Robotics raised €26 mn Series A to scale AI skills platform for industrial automation
Norway and US-based Trener Robotics secures €26 mn Series A to expand its Acteris AI robot skills platform and accelerate R&D, partnerships, and global growth
Fintech Overmind raised €2.3 mn to secure agentic AI in regulated sectors
London-based Overmind secures €2.3 mn seed round to build supervision infrastructure for AI agents across legal, healthcare and FinTech markets
LatAm insurtech funding jumps 117% to $199 mn
Mapfre reports 536 active LatAm insurtechs and $199 mn in funding in 2025, as the ecosystem shifts from distribution toward technology enablement
Kairos launches AI weather platform for parametric insurance
Singapore-based Kairos Risk Solutions introduces Weather Data Platform using AI to support year-ahead forecasts and data-driven parametric insurance structuring
Insurance broker stocks slide after OpenAI approves first carrier AI app
Broker shares fall about 9% after ChatGPT approves an insurer AI app, as analysts debate disintermediation risks and long-term impact on distribution
Insurtech Indigo raises $50 mn Series B to scale AI medical liability platform
US medical professional liability insurer Indigo secures $50 mn in oversubscribed Series B funding to expand AI underwriting and national distribution
SCOR expands cyber underwriting with MGA Baobab partnership in Germany
SCOR adds Lloyd’s capacity to Baobab Insurance’s CyberSafe policies, extending cover to firms up to €1 bn in revenue across Germany and Austria
Insurtech Pasito raises $21 mn Series A to build AI workspace for benefits
Pasito secures $21 mn Series A led by Insight Partners to scale its AI-native workspace across group health, life, and retirement benefits operations
Insurtech Gain Life rebrands to Crosstie to scale AI insurance workflows
InsurTech Gain Life rebrands as Crosstie, expanding AI-driven workflow automation across P&C insurance operations, claims, underwriting, and customer self-service
Artificial Labs raises $45 mn Series B to scale insurance tech
Artificial Labs closed a $45 mn Series B led by CommerzVentures to scale digital broking and underwriting technology and expand into the US in 2026.
German healthtech Recare raises €37 mn to scale AI platform abroad
Berlin-based Recare secures up to €37 mn led by DNV to expand its AI-driven hospital workflow platform and accelerate international growth
Paris VC Daphni closes €260 mn Blue fund for science-driven startups
Daphni finalises its €260 mn Blue fund to back European science-based startups, as DeepTech capital flows stay strong across 2025–2026
Aon teams up with DataRobot to apply agentic AI in insurance workflows
Aon works with DataRobot to deploy agentic AI across onboarding and servicing, targeting faster processing, oversight-ready automation, and client visibility
Plum adds embedded travel insurance via insurtech Qover to Max subscription
UK fintech Plum partners with Qover to bundle worldwide travel protection into its Max plan, expanding embedded insurance within its money management app
Fulcrum raises $25 mn led by CRV to scale AI automation across US insurance brokers
Insurance automation startup Fulcrum secures $25 mn led by CRV to expand AI-driven servicing across large US brokerage houses
Pace secures $10 mn Series A led by Sequoia to scale agentic AI replacing insurance BPO work
Pace secures $10 mn Series A led by Sequoia to scale agentic AI replacing insurance BPO work across submissions, claims, and policy servicing
Insurtech Kin rolls out auto cover in Florida and Texas to enable bundling
Digital insurer Kin launches auto insurance for Florida and Texas homeowners, offering bundled savings of up to 20% in high-cost markets
Atrium Underwriters expands InsurX tie-up as smart follow GWP tops $100 mn
Atrium Underwriters deepens its InsurX partnership, adding independent smart follow capacity as algorithmic property placements pass $100 mn.
FCA studies long-term AI effects on UK insurance and retail finance
The FCA launches a forward-looking review on AI in insurance and retail finance, weighing innovation, fraud risks, and regulatory readiness
Startup Paraglide raises €4.2 mn to automate accounts receivable with AI
Malmö-based Paraglide secures €4.2 mn Seed funding led by Bessemer and DN Capital to scale AI agents for accounts receivable across Europe
ZOHO VC secures 70% of €10 mn debut fund at first close
ZOHO VC, backed by ZOLLHOF Tech Incubator, reaches €7 mn first close for its debut fund, targeting pre-Seed and Seed tech startups in Europe
Ascension Ventures secures £10 mn to back UK pre-seed founders
Ascension Ventures receives up to £10m from the British Business Bank to expand regional access to pre-seed and seed capital across the UK
Helium Ventures acquires insurtech InsurGrid to scale AI-driven P&C data platform
Helium Ventures acquires InsurGrid, the P&C policy data platform used by 2,500+ agents, accelerating AI-led automation and growth across insurance agencies.
Armilla AI expands standalone AI liability cover to $25 mn limits
Armilla AI increases AI liability limits to $25m with all-risks coverage as insurers add generative AI exclusions across cyber, E&O, and liability policies
Skyway Underwriters partners with ResiQuant to modernise coastal wind underwriting
Skyway Underwriters deploys ResiQuant’s AI platform to scale building-level coastal wind underwriting across Florida apartment and assisted living markets
Tokio Marine invests $5 mn for minority stake in insurtech Igloo
Tokio Marine acquires a 1.65% stake in Singapore-based insurtech Igloo as it accelerates embedded insurance and digital retail expansion in Southeast Asia
Insurity launches expanded partner program for P&C insurers
Insurity introduces a new partner program to strengthen collaboration with 200+ SI, technology, and services partners across the P&C insurance ecosystem
Vanagon Ventures closed €20 m fund to back Europe’s deep-tech founders
Munich-based Vanagon Ventures raises €20m Fund I to invest at pre-seed and seed stage in AI, quantum, and industrial deep-tech startups
HealthTech Benepass raised $40 mn as employers brace for rising healthcare costs
Benepass secures $40m Series B funding to expand its benefits capital management platform as US healthcare costs are forecast to rise nearly 10% in 2026
Fintech Zocks raises $45 mn Series B to scale AI for financial advisors
San Francisco-based Zocks secures $45 mn in Series B funding to expand its privacy-first AI platform for financial advisors, bringing total funding to $65 m
Insurtech Mantas raises $1.8 mn to insure cloud outages with parametric cover
Digital risk startup Mantas exits stealth with $1.77m seed funding to launch parametric insurance for cloud outages across MENA and North America
Global AI deploys agentic AI for regulated insurance workflow in Europe
Global AI implements its agentic AI platform for a European insurer, automating a compliance-critical workflow within strict security and regulatory controls
Insurtech Nevado AI launches agentic platform for insurers
Nevado AI debuts an AI-native platform designed to help insurers and financial institutions deploy agentic AI without legacy system constraints
Insurtech XBuild raises $19 mn Series A to scale AI estimating for insurers
San Francisco-based insurtech XBuild secures $19 mn Series A led by N47 to expand its AI-native estimating platform used by contractors and insurers
Insurtech NEXT Insurance rebrands as ERGO NEXT under Munich Re integration
NEXT Insurance adopts the ERGO NEXT brand, deepening integration with ERGO and Munich Re as it scales digital small business insurance across the US
Insurtech Stoïk raises €20 mn Series C to scale cyber insurance across Europe
Paris-based insurtech Stoïk closes €20 mn Series C led by Impala and Opera Tech Ventures to expand AI-driven cyber insurance and response across Europe
Insurtech Lemonade launches Autonomous Car Insurance for Tesla FSD drivers
Lemonade introduces autonomous car insurance for Tesla FSD, cutting per-mile rates by about 50% using real vehicle data and AI pricing models
Insurtech Patra expands AI platform to automate 85% of commercial policies
Patra upgrades its AI platform to support up to 85% of commercial policy volume, adding CPP automation, SaaS pricing, and expanded reporting.
Fracttal raises $10 mn to scale asset maintenance software globally
Fracttal secures $10 mn led by Kayyak Ventures to expand AI- and IoT-driven asset maintenance across Europe and Latin America
Dutch crypto platform Finst raises €8 mn Series A led by Endeit
Finst secures €8 mn Series A led by Endeit Capital, lifts total funding to €15 mn as MiCAR-licensed crypto platform expands across Europe
Ethos targets up to $210 mn IPO as life insurtech returns to markets
Life insurance platform Ethos files for IPO seeking up to $210m, valuing the company near $1.26bn as venture-backed insurtech listings resume
Unicorn Pennylane raises €175 mn to scale AI finance OS for European SMEs
Paris-based unicorn Pennylane secures €175m led by TCV and Blackstone Growth to accelerate AI development and prepare for European market consolidation
Berlin AI startup GeneralMind raises €10.2 mn for ERP automation layer
GeneralMind closes a €10.2 mn pre-seed round to build an AI System of Action that automates workflows across ERP, email, and enterprise tools
Workplace fintech startup Stream raises €76 mn Series D led by Sofina
London-based Stream secures €76 mn in Series D funding to expand workplace finance tools, pensions products, and US operations
UK lawmakers warn regulators lag on AI risks in insurance & financial services
UK MPs urge FCA and Bank of England to tighten oversight of AI in finance, warning of consumer harm and market instability as adoption accelerates
Allianz invests in UK insurtech Wrisk in £12 mn Series B round
UK insurtech Wrisk secures investment from Allianz as part of its £12m Series B, backing data-driven insurance for automotive OEMs
Swiss insurtech Credura launches AI insurance adviser for households
Swiss InsurTech Credura launches a FINMA-licensed AI insurance adviser for private clients, automating policy management, analysis, and optimisation across insurers
Insurtech MGAs are prioritizing underwriting profitability, AI automation and specialty insurance expertise as carriers and reinsurers demand sustainable performance
Q2 2026 Global InsurTech funding reached $2.44 bn, 99.1% directed to AI-focused firms, as data center expansion creates new insurance risks
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