Trucordia will receive a $1.3 bn investment from Carlyle’s Global Credit platform
Trucordia, formerly known as PCF Insurance Services, will receive a $1.3 bn investment from Carlyle’s Global Credit platform
Investing News
BaFin reviews German insurers’ exposure to alternative assets
Germany’s financial regulator BaFin is reviewing the investment strategies of 30 to 40 insurance companies with unusually high exposure to alternative assets
Insurance broker HUB International secured a $1.6 bn minority equity investment
HUB International, a leading North American insurance brokerage that provides employee benefits, business, and personal insurance products and services, has secured a $1.6 bn minority equity investment
ClimateTech Mitigrate secured strategic investment from Lloyd’s
Mitigrate, a ClimateTech SaaS company and Lloyd’s Lab alumni, has secured a strategic investment from Lloyd’s, with continued backing from existing investors
Korean Insurers Prepared for Decline in Commercial Real Estate Investment Values
Fitch Ratings asserts that Korean insurers are equipped to handle decreased valuations in their international commercial real estate (CRE) investments
FCA review of private market valuations: findings, recommendations, industry outlook
The UK Financial Conduct Authority (FCA) released the results of a review examining valuation practices in private markets
Insurtech Norm Ai, a compliance AI platform, secured $48 mn in new funding
Insurtech Norm Ai, a compliance AI platform, secured $48 mn in new funding, reflecting strong investor confidence in its technology
Insurtech InsureVision secured $2.7 mn in seed funding led by Rethink Ventures
Insurtech InsureVision, a company specializing in AI-driven driving risk assessment, has secured $2.7 mn in seed funding
AI-driven insurtech Outmarket AI raised $4.7 mn in seed funding
AI-driven insurance intelligence platform Outmarket AI has raised $4.7mn in seed funding to accelerate its expansion
Nirvana Insurance, an AI-driven trucking insurer, raised $80mn in a Series C
Nirvana Insurance, an AI-driven commercial trucking insurer, raised $80mn in a Series C funding round, bringing its valuation near $850mn
Coalition secured a $30 mn equity investment from Mitsui Sumitomo Insurance
Coalition, a San Francisco-based cyber insurance provider focused on preventing digital risks, has secured a $30 mn equity investment from Mitsui Sumitomo Insurance
Chinese insurtech AIX faces Nasdaq compliance deadline after share price falls below $1
Chinese insurtech AIX announced it received a notification from Nasdaq stating that its American depositary shares (ADS) have fallen below
Insurtech Vigil raised $1.3 mn in a pre-seed funding led by M25
Annuities insurtech Vigil has raised $1.3mn in a pre-seed funding round led by M25, with support from Nationwide Ventures, Rex Salisbury, Clocktower Ventures
SelectQuote secured $350 mn investment led by Bain Capital
SelectQuote, a major Medicare insurance distributor and healthcare services provider, has secured a $350mn investment. Bain Capital, Morgan Stanley
Insurtech Comulate raised $20mn in a Series B led by BOND & Workday Ventures
Comulate, an InsurTech firm focused on accounting automation for insurance brokers, has raised $20mn in a Series B round led by BOND and Workday Ventures
High Definition Vehicle Insurance raised $40 mn in growth capital
High Definition Vehicle Insurance (HDVI), a commercial auto insurer focused on technology, raised $40mn in growth capital, bringing total funding to over $87mn
Norwegian insurTech 7Analytics received investment from IAG Firemark Ventures
Norwegian InsurTech startup 7Analytics, which focuses on flood data analytics, has received investment from IAG Firemark Ventures
Wopta Assicurazioni, a phygital insurtech MGA, launched a €50 mn Series B
Italian insurtech firm Wopta Assicurazioni secured €12 mn in new funding through a club deal led by Belluzzo International Partners. The company also launched a €50 mn Series B
Insurtech XILO secured $7.2 mn in a Series A led by Altos Ventures
Insurtech XILO, a San Diego-based workflow automation platform for insurance agencies, secured $7.2 mn in a Series A funding round
InsurTech Olé Life raised $13 mn in Series B funding
Olé Life, a Latin American InsurTech company, has raised $13 mn in Series B funding, led by PayPal Ventures
AI insurtech Instabase secures $100 mn in Series D funding
Instabase, an insurtech specializing in applied AI for unstructured data, has closed a $100mn Series D funding round led by QIA
Insurtech Naked sequred $38 mn to drive insurance transformation in South Africa
Naked, a South African insurtech firm, has raised $38 mn in its Series B2 funding round. This represents the largest insurtech investment in Africa
Supply chain insurtech Overhaul secures $55 mn for AI and strategic expansion
Overhaul, a supply chain risk management and intelligence provider, has raised $55 mn in equity funding. The round was led by Springcoast Partners
Insurtech Rainbow secured $8 mn in a Series A funding led by Zigg Capital
Insurtech Rainbow, a managing general underwriter (MGU) specializing in business insurance, has secured $8 mn in a Series A funding round led by Zigg Capital
Fintech Kamino secured $10 mn to expand AI-platform for mid-market CFOs
Kamino secures $10 mn to grow its mid-market footprint, build CFO tools, and scale AI-driven financial insights ahead of 2026
Monte Chia raised funding to transform risk management for insurers and businesses
Monte Chia, an Italian insurtech startup, has closed a €500,000 pre-seed funding round. The investment efforts to revolutionize risk management
Insurtech Bikmo raised £4.75 mn funding from Puma Growth Partners
The UK-based cycle insurtech Bikmo has raised £4.75 mn in new funding from Puma Growth Partners. The funds will support its expansion across Europe
MS&AD Insurance increases venture capital fund to $400 mn, prioritizing InsurTech
MS&AD Insurance Group Holdings Inc. announced a $100 mn increase to its venture capital fund, bringing the total to $400 mn. The fund focuses on startups
Chavanges secured seed investment to drive next-gen climate risk solutions
Chavanges Tech, a French startup dedicated to developing cutting-edge digital tools for assessing and mitigating climate and environmental risks, secured seed investment
Swiss insurtech Poncho secures $617K seed funding
Poncho, a Swiss insurtech startup focused on weather-based refunds for outdoor experiences, has raised $617,000 in seed funding
Commercial broker Konsileo raised £8 mn to accelerate its growth across the UK
Chartered commercial broker Konsileo has raised £8 mn to accelerate its growth across the UK. The company specializes in mid-market insurance solutions
Insurtech Bolttech sequred a $50 mn venture debt facility with HSBC
Global insurtech Bolttech has sequred a $50 mn venture debt facility with HSBC. Bolttech aims to use this funding to further its ambitious plans for innovation and growth in the insurtech sector
AI-insurtech Federato raised $40 mn Series C funding led by StepStone Group
Insurtech Federato, AI-powered insurance underwriting platform, has raised a $40 mn Series C funding round, led by StepStone Group
SaaS Agicap raised €45 mn in Series C funding led by AVP
SaaS platform for SMBs to manage and forecast their cash flows Agicap has raised €45 mn in Series C funding led by AVP. This investment aims to bolster Agicap’s presence in Europe
Delos Insurance raised $9 mn in a Series A funding round
Delos Insurance Solutions, a property insurance MGA, raised $9 mn in a Series A funding round led by HSBC Asset Management. IA Capital Group, Blue Bear Capital, Generation Space
Managed care insurers face stock declines amid rising costs & earnings pressures
Shares of major managed care insurers have dropped in recent weeks following an earnings season affected by rising costs tied to government-subsidized plans
AI insurtech Stream Claims sequred $5.3 mn in seed funding
Insurtech startup Stream Claims, specializing in AI-powered medical document review for workers’ compensation, sequred $5.3 mn in seed funding
Insurtech Qantev raised €30 mn funding led by Blossom Capital
AI-powered claims management insurtech for health and life insurers Qantev has raised €30 mn in new funding led by Blossom Capital
U.S. Insurers Face Second Year of Declining Private Equity Income
U.S. insurers saw a second consecutive year of declining income from private equity investments in 2023, with earnings dropping to $7.7 bn, compared to $10.2 bn in 2022
Insurtech Akur8 sequred $120 mn in Series C funding
French insurtech Akur8 has sequred $120 mn in Series C funding, bringing its total investment to $180 mn and its valuation to $400mn, led by One Peak with Partners Group and Guidewire Software
Insurtech Koltin sequred $7.3 mn in Series A funding
Koltin, a Mexican insurtech focusing on private health insurance for seniors, secured $7.3mn in Series A funding. Left Lane Capital led the round, with its Vice President, Rachel Schow, joining Koltin’s board of directors
AI-Insurtech Roots Automation raised $22.2 mn in a Series B
AI-Insurtech Roots Automation has raised $22.2 mn in a Series B funding round led by Harbert Growth Partners, with additional support from MissionOG, Liberty Mutual
Insurtech Functional Finance raised $20 mn Series A led by Walkabout Ventures
Functional Finance, a insurance software platform for managing general agents (MGA), insurers, and wholesalers, has raised a $20 mn Series A funding round led by Walkabout Ventures
Cyber startup BlackCloak raised $17 mn in Series B led by Baird Capital
BlackCloak, a cybersecurity insurtech specializing in protecting executives, high-net-worth individuals, and family offices, has announced a $17 mn Series B funding
US banks saw a 20% rise in high-volatility commercial real estate loans
US banks saw a 20% rise in high-volatility commercial real estate loans in Q2 2024, following a four-year low in the previous quarter
Regulatory scrutiny in banking-as-a-service. FinTechs looking to get bank charters
FinTech companies are increasingly looking into the possibility of getting bank charters, though few have actually taken the plunge
Insurtech Ledgebrook secured $17 mn in Series B funding
Boston-based Insurtech Ledgebrook has secured of a $17 mn in Series B funding round. This opportunistic raise introduces two esteemed Family Offices to the Ledgebrook cap table
French embedded insurtech NEAT Protect raised €50 mn in Series A
French embedded insurtech NEAT Protect raised €50mn in Series A funding, led by Hedosophia, with support from Mundi Ventures, ETFS Capital
Health insurtech Nirvana sequred $24 mn Series A funding
Health insurtech Nirvana, specialising in insurance verification and eligibility with machine learning and artificial intelligence, has sequred $24.2 mn Series A funding
Korint Insurtech sequred €5 mn funding led by Ventech
Korint Insurtech, an emerging digital insurance company, secured €5 mn in a funding round led by venture capital firm Ventech, with continued backing from 360 Capital
Demex Group, reinsurance & analytics firm, raised $10.3 mn in Series A
The Demex Group, a firm specializing in stop-loss reinsurance protection and risk analytics, raised $10.25 mn through a Series A and previous SAFE funding round
Risk management platform CultureAI secured $10 mn in Series A
CultureAI, a human risk management platform, secured $10 mn in Series A funding led by Mercia Ventures and Smedvig Ventures
Canadian insurtech YouSet secured $2.6 mn in seed funding
Canadian insurtech startup YouSet has secured $2.57 mn in an oversubscribed seed funding round aimed at improving the insurance shopping experience
Insurtech QuickFacts sequred $2 mn funding round led by Sandpiper Ventures
QuickFacts, an insurtech startup dedicated to enhancing efficiency in the insurance industry, sequred of an oversubscribed $2 mn funding round led by Sandpiper Ventures
Fintech Capitalize sequred $19 mn in Series B funding round
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
Insurtech Companion Protect sequred $20.3 mn in Series A extension
Companion Protect, a Kansas City-based pet health administration company, announced it has closed a $20.25 mn extension round from Series A investors
Savvy Wealth raised $26.5 mn in Series A led by Canvas Ventures
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
Cyber insurtech Inscora raised $2 mn in pre-seed led by Luge Capital
Montreal-based cyber insurtech Inscora has raised $2 mn in funding led by Luge Capital, with participation from Desjardins Capital, Accelia Capital
Startup Chaiz raised $3.7 mn in seed round
Austin-based startup Chaiz, the first comparison marketplace for extended car warranties oversubscribed $3.7 mn seed funding round
Boost Insurance announced a new funding from BHMS Investments
Boost Insurance announced a new equity investment from BHMS Investments, a private firm specializing in middle-market insurance and related businesses
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
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