Insurtech

U.S. Insurtech Trov Continues Presence in the UK By Offering Digital Renters Insurance

Trov, a U.S.-based insurtech company, announced earlier this week that it is expanding its presence in the UK by offering digital renter’s insurance. The company also revealed a new wave of consumers that will offer digital insurance that is powered by its technology, which includes… Read More

U.S. Insurtech Fenris Raises $2.7 Million Through Latest Investment Round; Seeks to Modernize Insurance & Financial Applications

  Fenris, a U.S.-based insurtech platform, announced on Wednesday it secured $2.7 million in new investment round, which was led by IDEA Fund Partners with participation from  Six-Thirty VC, CIT GAP Funds, and Rezon8 Capital. Founded in 2016, Fenris states its APIs deliver real-time insights na… Read More

Astorya, Search Engine for Insurance and Banking Tech, Reviews 10 Years of Insurtech in Europe

Astorya.io, which aims to serve as the search engine for Insurance and Banking technologies, has published a blog post, titled InsurTech Europe: 10 Years Of InsurTech In Europe Analyzed Through 800+ Startups (based on data from astorya.io). While discussing how InsurTech startups are gaining considerable… Read More

Global Accelerator Program Plug and Play Selects 154 Startups For Summer 2021 Batches

Plug and Play announced on Thursday it has selected 154 startups into their Summer 2021 Batches. The accelerator program reported that each company has been accepted into one of the following programs that run through June: Energy, Enterprise Tech, Fintech, Health, Insurtech, Internet of Things, Mobility, Real Estate & Construction, or Travel &… Read More

U.S. Insurtech Salty Secures More Than $15 Million From New & Existing Investors

Salty, a U.S.-based Embedded Insurance technology company, announced on Tuesday it secured over $15 million through its latest investment round, bringing the company’s capital raised to date to more than $31 million. Founded in 2019, Salty states it removes existing consumer impediments to buying the right… Read More

Next Insurance Raises $250 Million; Bringing Valuation to $4 Billion & Total Funding Secured to More Than $880 Million

  Next Insurance, an insurtech seeking to transform small business insurance, announced on Wednesday it raised  $250 million through new funding round, which was led by FinTLV Ventures and Battery Ventures with participation from CapitalG, Group 11, Zeev Ventures, Founders Circle, and G Squared. Next… Read More

Insurance Digital Wallet & Loyalty Startup Marble Opens Platform For Any U.S. Policyholder

  Marble, a U.S.-based digital wallet and loyalty platform for insurance, announced on Tuesday it is dropping its waitlist and opening its platform to any U.S. policyholder. The launch comes less than two months after Marble raises $2.5 million through its seed financing round.  Founded… Read More

HR & Benefits Software Solution For Small Business, Insurance Brokers & Insurance Carriers Ease Raises $41 Million Through Series C Investment Round led By Spectrum Equity

  Ease, a U.S.-based HR and benefits software solution for small businesses, insurance brokers, and insurance carriers, announced on Friday it raised $41 million through its Series C funding round, which was led by Spectrum Equity with participation from  Centana Growth Partners, Propel Venture Partners, Freestyle Capital, Compound… Read More

Pie Insurance Secures $118 Million Through Series C Funding Round Led By Allianz X & Acrew Capital

  U.S.-based insurtech startup Pie Insurance announced on Friday it secured $118 million through its Series C funding round, which was led by Allianz X and Acrew Capital, with participation from Greycroft, SVB Capital, SiriusPoint, Elefund, and Moxley Holdings. As previously reported, Pie describes itself as… Read More

China: WeiyangX Fintech Review

Insurtech platform Shuidi closed its mutual insurance service On March 26th, Insurtech platform Shuidi announced that it would close its mutual insurance service at 18:00 on March 31st, 2021. Prior to this, members who were unfortunately diagnosed with a serious illness could continue to apply… Read More

Insurtech Huckleberry Exits SF, Moves to NYC, Hires New Executives

Small business insurance platform Huckleberry is moving its main office away from San Francisco and opening a new HQ in New York City, according to a note from the company. The Insurtech says it wants to “take advantage of NYC’s growing Fintech scene. The transition… Read More

U.S. Insurtech Cogitate Extends Partnership With Global Data Analytics Provider Verisk to Enhance Insurance Platform

  Cogitate Technology Solution, a U.S.-based insurtech, recently announced its as extended its partnership with global data analytics provider Verisk to enhance its insurance platform. Cogitate reported that through the partnership it will source and integrate commercial lines data from Verisk into Cogitate’s flagship solution… Read More

Real Estate: Insurtech Lemonade Shares Strategies for Making Well-Planned Down Payments on Properties

Insurtech firm Lemonade has shared some important information regarding making down payments on properties. Team Lemonade (NYSE:LMND) writes in a blog post that when someone says they are “saving up” for a home, what they’re “really doing is saving up for a down payment.” The… Read More

U.S. Insurtech Coterie Joins Forces With IBQ For Small Business Insurance

  Coterie, a U.S.-based commercial insurtech, announced on Thursday it has teamed up with IBQ, an insurtech that specializes in personal and commercial lines comparative rating, for small business insurance. Coterie reported that the partnership combines its tech-based approach to insurance offerings with IBQ’s technology… Read More

Health Insurance Data Exchange API Platform Noyo Announces New Product “Noyo Sync”

Noyo, a U.S.-based API platform for improving the speed and accuracy of health insurance data exchange, announced earlier this week the launch of its new API product, Noyo Sync, which enables automated, flexible, and embeddable benefits data. According to Noyo, the product allows users to… Read More

Plug and Play Announces New Partnership With Insurer NJM Insurance Group

    Silicon Valley accelerator, Plug and Play, announced on Wednesday it has added NJM Insurance Group, a property and casualty insurer in the mid-Atlantic region, to its insurtech corporate partners network. According to Plug and Play, the insurtech program aims to improve the insurance… Read More

Next Insurance Teams Up With Amazon Business to Provide EligibleSmall Businesses With Affordable Digital Insurance Options

  Next Insurance, an insurtech seeking to transform small business insurance, announced on Wednesday it has teamed up with Amazon Business to provide eligible members the opportunity to access customized small business insurance. According to Next Insurance, the collaboration will allow Business Prime members to… Read More

Milestone: U.S. Insurtech LeaseLock Announces $1 Billion in Leases Insured

LeaseLock, a U.S.-based insurtech that provides totally eliminates security deposits, surety bonds, and guarantors in rental housing, announced on Tuesday it has surpassed $1 billion in insured lease value for residential apartment homes. The latest milestone comes shortly after LeaseLock announced its $52 million through… Read More

Malaysian Insurtech Ouch! Secures RM 1.5 Million via Seed Round led by Vynn Capital, Temokin

Malaysia-based Ouch!, a digital or online insurance company, has secured RM 1.5 million (appr. $360,000) in seed funding via a round led by Vynn Capital and Temokin, along with participation from several angel investors. The Ouch! team says it will use the capital raised from… Read More

U.S. Insurtech GloveBox Secures $3 Million Through Latest Investment Round Led By Mercato Partner’s Prelude Fund

GloveBox, a U.S.-based insurtech platform, has raised $3 million through its latest investment round, which was led by Mercato Partner’s Prelude Fund with participation from Heffernan Insurance Brokers. Founded in 2019 and launched in 2020, GloveBox describes itself as a centralized mobile and web application… Read More

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