Insurtech

PremFina Announces £350M in Funding to Drive £1.9B in Insurance Premium Finance Growth

In a significant move for the UK’s insurtech sector, PremFina, a provider of insurance premium finance, has finalized a £350 million private securitisation facility with backing from global financial giants HSBC and Waterfall Asset Management. This milestone, advised by SpecFin Capital, positions the London-based fintech… Read More

Insurtech: Crabi Raises $13.6 Million in Funding Round

Mexican Insurtech Crabi has raised $13.6 million in a funding round led by Kaszek and Ignia. Other investors include 30N, Redwood, Carao, Azuro, Newtopia, and certain unnamed insiders. Crabi is pursuing an insurance model for Autos, which is said to be AI-driven. Crabi noted that… Read More

Author and VC Tal Elyashiv on the Coming Quantum Revolution

Over his 30-plus years in business and venture capital, Tal Elyashiv has learned how to spot important trends, and he believes we’re in the early stages of a Quantum Revolution that will change the world. Elyashiv explains why in Investing in Revolutions, which is interesting… Read More

Accenture Invests in Reserv to Enhance Insurance Claims Processes

Accenture (NYSE: ACN) has invested, through Accenture Ventures, in Reserv, an insurance claims processing company that complements deep claims expertise with innovative AI-driven solutions. The investment will also enable the two companies to collaborate on solutions that increase “accuracy and efficiency throughout the claims ecosystem,… Read More

Insurtech Akur8 Platform Adopted by Frank Winston Crum Insurance to Enhance Risk Modeling

Akur8, the insurance pricing and reserving solution, is pleased to announce that Frank Winston Crum Insurance has selected Akur8’s core platform solution to provide them with model development, explainable insights, and accurate financial impact forecasting for pricing and reserving processes. For over 20 years, Frank… Read More

Insurtech VC Funding Reportedly Surges 65% in Q1 2025, Driven by Underwriting, Claims Automation

The insurtech sector is experiencing a robust resurgence, with venture capital (VC) funding soaring 65% quarter-over-quarter (QoQ) in Q1 2025, according to a recent PitchBook report. The PitcbBook report also mentioned that this significant uptick in deal value reflects renewed investor enthusiasm for startups revolutionizing… Read More

SingWealth Secures Insurance Brokerage Licence in Hong Kong

SingWealth Holdings has acquired an insurance brokerage license in the Hong Kong Special Administrative Region, reinforcing its presence in North Asia and expanding its footprint beyond Singapore. The move represents a major step in the company’s strategy to deliver cross-border financial services and deepen its role in… Read More

Insurtech bolttech Teams Up with Sumitomo Corporation

Global insurtech bolttech announced its partnership with Sumitomo Corporation, one of Japan’s largest trading houses. The two companies will enter a joint venture to “deliver technology-enabled embedded solutions to distribution partners” across a number of markets in Asia. The technology-enabled embedded solutions will enable distribution partners… Read More

European Insurtech wefox to Sell Italian Business Entities as Part of Restructuring Process

wefox has agreed to sell 100% of the shares in its Italian companies wefox MGA S.r.l. and wefox Services Italy S.r.l., which focus mainly on affinity distribution with an emphasis on motor insurance, to funds managed by J.C. Flowers & Co., a global private investment… Read More

Insurtech Bestow Announces $120M Funding Round to Enhance Insurance Infrastructure Transformation

Bestow has announced a $120 million Series D funding round, which was led by Goldman Sachs and Smith Point Capital. Bestow’s mission has been to increase “financial stability” for consumers. The company aims to make life insurance “more accessible to millions of families at a… Read More

eToro Introduces a PER and Life Insurance Offer in France

eToro, the trading and investing platform, announces a partnership with Generali, a key player in the French life insurance market, to offer its users in France a life insurance contract and a PER (Plan d’Épargne Retraite) to its users in France. The announcement follows the… Read More

Insurtech : Cyber Risk Analytics Firm CyberCube Partners with ALKEME

CyberCube, the global enabler of cyber risk analytics, is pleased to announce a new partnership with ALKEME, an insurance brokerage. ALKEME is leveraging CyberCube’s Broking Manager and Prep Module, which provide brokers with the data-driven insights “necessary to communicate and manage cyber risk with clients.”… Read More

Insurtech Sector Experiences Rebound in Global Funding While Deal Sizes Shrink – Report

The Insurtech sector is navigating a complex landscape in Q1 2025, marked by a rebound in global funding, shrinking deal sizes, and a stark contrast with the broader venture capital environment, according to CB Insights’ latest report. While total Insurtech funding climbed to $1.3 billion… Read More

Insurtech Akur8 Selected by Vietnam’s PTI to Enhance Insurance Pricing Strategy

Akur8, the pricing and reserving Platform, is pleased to announce a collaboration with Post Telecommunication Joint Stock Insurance Corporation (PTI), a non-life insurer in Vietnam. PTI will leverage Akur8 Pricing platform to “strengthen its actuarial capabilities and deliver both fair and competitive insurance pricing in… Read More

Insurtech Kin Surpasses $100B in Total Insured Property Value

Kin, the direct-to-consumer, digital home insurance provider, announced it surpassed $100 billion in total insured property value. This milestone reinforces Kin’s position as the “tech-forward” direct-to-consumer homeowners insurance provider and “reflects its accelerated growth trajectory.” Kin grew total insured value (TIV) from “$10 billion to… Read More

Experian Marketplace Portfolio Now Includes Root Insurance

Experian announced the expansion of its Experian Marketplace portfolio with the addition of Root Insurance, a technology company powering insurance solutions. This partnership gives consumers another carrier option “for affordable and personalized car insurance with a streamlined shopping experience.” Consumers who choose Root Insurance will… Read More

Dream Payments Launches NA Insurance Payment Hub

Dream Payments has launched the DreamPay Insurance Payment Hub — a two-way insurance payment network operating across North America, leveraging J.P. Morgan Payments’ capabilities. Insurers can accept premiums from policyholders in both the U.S. and Canada, and issue claims payments to individuals and businesses of every size, using digital… Read More

Galahad Risk Solutions and Insurtech CyberCube to Support SMEs in Addressing Cyber Risk

CyberCube, a provider of cyber risk analytics for the insurance industry, has revealed a partnership with Galahad Risk Solutions, a specialist brokerage founded by industry veteran Ben Beeson. This collaboration marks a significant step in “helping small to medium-sized enterprises (SMEs) and middle market (MM)… Read More

Insurtech Cowbell Introduces Professional Indemnity Offering for UK Tech Firms

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, announced the UK launch of Prime One Tech; professional indemnity and cyber coverage for technology companies “with up to £1 billion in annual turnover, providing limits of up to £5… Read More

Business Insurance Fintech 1Fort Celebrates $7.5M Round

1Fort, an AI platform for business insurance, has raised $7.5 million in an oversubscribed funding round led by Bonfire Ventures. The round also included Draper Associates (Tim Draper); Karim Atiyeh, the founder of Ramp; and participation from all existing VCs: Village Global, Operator Partners, 8-Bit Capital, Character VC and Company Ventures. This latest round brings the 1Fort total funding to $10… Read More

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