Tagged: insurance technology

July 27, 2026 @ 12:19 pm By Omar Faridi  |  

San Francisco-based AI-powered insurance startup Corgi has closed an additional financing round that values the company at $4 billion, according to people familiar with the matter. The transaction nearly doubles the firm’s valuation from the $2.6 billion level established roughly eight weeks earlier and constitutes… Read More

May 12, 2026 @ 4:22 pm By Omar Faridi  |  

CB Insights has indicated that Insurtech startups are poised for historically large investment rounds in 2026, even as the sector confronts a sharply contracting pipeline of fresh opportunities. According to CB Insights’ latest analysis, the median deal size climbed to $10 million in the first… Read More

February 19, 2026 @ 8:18 am By Omar Faridi  |  

Insurtech Lemonade (NYSE: LMND) has reportedly delivered its strongest quarter to date in Q4 2025, showcasing positive momentum in premium growth, operational efficiency, and path to sustained profitability. Co-founder and President Shai Wininger highlighted the achievements in a detailed shareholder update shared on February 19,… Read More

January 11, 2026 @ 3:48 pm By Omar Faridi  |  

Cowbell, a provider of adaptive cyber and specialty insurance solutions, has unveiled its “Next Cycle” initiative. Announced on January 5, 2025, from Pleasanton, California, this phase emphasizes sustained growth, operational profitability, and aggressive global expansion. The company, which caters primarily to small and mid-market organizations… Read More

December 10, 2025 @ 7:53 pm By Omar Faridi  |  

DUAL Group announced a partnership with CyberCube, a provider of cyber risk analytics, to enhance its cyber underwriting capabilities and deliver value to brokers and clients. With cyber risk as one of the key challenges facing businesses right now, DUAL is taking a stance by… Read More

December 7, 2025 @ 5:23 pm By Omar Faridi  |  

Kin, the direct-to-consumer digital home insurance and finance provider, today announces operating results for its third quarter and nine months ended Sept 30, 2025. Kin Founder and CEO Sean Harper said that they continue to push more volume through their technology platform, which is “generating… Read More

December 5, 2025 @ 3:11 pm By Omar Faridi  |  

Cowbell, a provider of adaptive cyber and specialty insurance solutions for global small and mid-market organizations, announced the launch of self-service capabilities for Cowbell Resiliency Services. This feature allows policyholders to browse, request, and activate risk-management services from their policy dashboard and “expands Cowbell’s commitment… Read More

September 14, 2025 @ 5:11 pm By Omar Faridi  |  

Kin, the direct-to-consumer, digital home insurance provider, raised an oversubscribed $50 million Series E financing, at a pre-money valuation of $2 billion. The digital insurance tech firm also closed on a “$200 million debt facility, $145 million of which was used to repay an existing… Read More

September 11, 2025 @ 10:38 pm By Omar Faridi  |  

As the insurance industry continues its digital transformation, venture capital in insurtech remains a positive contributor amid broader market volatility. PitchBook‘s Q2 2025 Insurtech VC Trends update, released this month, offers a snapshot of the sector’s pulse through mostly the first half of this year…. Read More

August 10, 2025 @ 5:24 pm By Omar Faridi  |  

The insurance industry is undergoing a seismic shift, driven by the integration of artificial intelligence and digital technologies. The Global InsurTech Report for Q2 2025, released by Gallagher Re, provides a comprehensive analysis of these trends, focusing on AI’s transformative impact on property insurance, InsurTech… Read More

August 7, 2025 @ 7:00 pm By Omar Faridi  |  

The Insurtech sector in Q2 2025 showcased a dynamic interplay of resilience and adaptation, as detailed in the CB Insights Insurtech report. Despite a persistent decline in deal volume, global insurtech funding surged to $1.6 billion, marking a 23% quarter-over-quarter (QoQ) increase and the strongest quarterly… Read More

May 9, 2025 @ 11:16 am By Omar Faridi  |  

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

February 5, 2025 @ 10:18 pm By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, launched a Cowbell Resiliency Services (CRS) unit in response to a rise in the frequency, severity, and diversity of cyber threats as a “complement” to its existing risk management program…. Read More

November 26, 2024 @ 11:26 pm By Omar Faridi  |  

Although globally there has been positive moment for insurance technology platofrms, Insurtech funding has continued its downwards trend in certain regions. But APAC has been fairly resilient, according to a BCG report. As India aims for Viksit Bharat by 2047, a stable and resilient financial… Read More

November 18, 2024 @ 10:06 pm By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by transparent machine learning, is announces that Utica First, a small business and personal lines insurer, has chosen Akur8’s Core Platform Solution to enhance its pricing models. With Akur8’s support, Utica First will build a predictive modeling… Read More

November 17, 2024 @ 8:34 pm By Omar Faridi  |  

Lemonade (NYSE: LMND) recently noted that it will provide detailed updates on how the Insurtech firm expects to 10x, going from an estimated $1 billion next quarter to $10 billion in “force premium” in the coming years. Lemonade will be sharing its strategic business expansion plans,… Read More

November 9, 2024 @ 7:52 pm By Omar Faridi  |  

Gallagher Re has released the latest global Insurtech research report for Q3 2024. The 2024 Global InsurTech report series from the team Gallagher Re examines the fast-growing impact of Artificial Intelligence (AI) on the insurance technology industry, dissecting AI’s functions and processes within the (re)insurance… Read More

October 18, 2024 @ 5:55 pm By Omar Faridi  |  

Akur8 is announcing its collaboration with the Insurance Company of Prince Edward Island. The Canadian insurer will now be leveraging the RISK as well as the DEMAND modules of Akur8’s pricing platform in order to boost the efficiency of its model development process. This partnership enhances… Read More

October 11, 2024 @ 2:41 pm By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by Transparent AI, is pleased to announce its collab with RSM US LLP, which is the provider of assurance, tax and consulting services for the middle market. RSM has reportedly used Akur8’s Reserving solution for a number… Read More

October 2, 2024 @ 3:06 pm By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, has appointed Denise Pagliarulo, a former AXIS Capital finance veteran and Deloitte alumna, to lead its finance team. According to the update from Insurtech Cowbell, Denise will be responsible for… Read More