Tagged: insurance

April 27, 2021 @ 1:40 pm By Samantha Hurst  |  

  Sigo, a U.S.-based insurtech that specializes in car insurance, announced on Tuesday it raised $1.5 million through its latest Seed funding round, which saw participation from Amicle Capital, Bonded Capital Ventures, Demeter Capital, Financial Solutions Lab, Park City Angels, and gANGELS. Founded in 2019, Sigo… Read More

April 24, 2021 @ 5:59 pm By Omar Faridi  |  

London-based Fintech firm Molo Finance, which focuses on reimagining mortgages, has teamed up with Uinsure to provide digital insurance solutions for the buy-to-let market. Molo Finance says it does not want to just “marginally improve” the mortgage process. Their goal is to “radically redesign the… Read More

April 23, 2021 @ 10:17 pm By Samantha Hurst  |  

  Cover Whale, a U.S.-based insurtech broker, announced on Thursday it has formed a new partnership with Smart Choice. Cover Whale revealed its truck insurance platform will now be open to Smart Choice agents in select states and will provide new insurance options to America’s… Read More

April 20, 2021 @ 10:07 pm By Omar Faridi  |  

Lemonade (NYSE:LMND), the insurance firm that’s powered by AI and behavioral economics, announced on Tuesday (April 20, 2021) that it’s “readying ‘Lemonade Car’ for launch within the year.” As mentioned in a release shared with CI, early registration is “now open at www.lemonade.com/car.” The announcement further… Read More

April 19, 2021 @ 2:59 pm By Samantha Hurst  |  

    Versured, a U.S.-based insurtech, announced on Monday the launch of its commercial and life insurance. Founded in 2019, Versured stated it was built on a foundation of trusted brokerage partners with broad insights and experiences. Our core value of trust has remained central to… Read More

April 19, 2021 @ 10:49 am By Samantha Hurst  |  

    U.S. insurtech Zywave recently announced it has acquired Enquiron, a provider of risk management and consultative business solutions. Zywave reported that with the combination of its existing portfolio of solutions, the acquisition reinforces its “leadership” position in these markets. Founded in 1996, Enquiron… Read More

April 16, 2021 @ 9:54 pm By Samantha Hurst  |  

  Clearcover, a U.S.-based car insurance platform, announced earlier this week it secured $200 million through its Series D funding round, which was led by Eldridge, with participation from American Family Ventures, Cox Enterprises, and OMERS Ventures. Founded in 2016, Clearcover describes itself as the… Read More

April 12, 2021 @ 1:28 pm By Samantha Hurst  |  

Bamboo Insurance, a U.S.-based insurtech platform, announced on Monday it has partnered with global insurers’ core system Socotra to power its existing insurance offerings and new product lines. Founded in 2018, Bamboo describes itself as a newly formed insurance organization that offers flexible and transparent insurance… Read More

April 9, 2021 @ 2:08 pm By Samantha Hurst  |  

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

April 8, 2021 @ 8:30 am By Samantha Hurst  |  

  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

April 3, 2021 @ 9:37 pm By Omar Faridi  |  

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

March 31, 2021 @ 11:39 am By Samantha Hurst  |  

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

March 31, 2021 @ 9:40 am By Samantha Hurst  |  

  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

March 30, 2021 @ 10:54 am By Samantha Hurst  |  

  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

March 28, 2021 @ 10:16 pm By Samantha Hurst  |  

  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

March 28, 2021 @ 9:52 pm By Samantha Hurst  |  

  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

March 27, 2021 @ 6:38 pm By Omar Faridi  |  

Aspirasi, an online micro-financing and micro-insurance platform operating under Axiata Digital, is providing a more convenient and all-digital financing option for online consumers via Aspirasi CashNow. Now available via digital commerce platform Lazada Malaysia, Aspirasi CashNow is currently open for applications to all Malaysia-based residents… Read More

March 21, 2021 @ 10:18 pm By Samantha Hurst  |  

  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

March 19, 2021 @ 10:05 pm By Samantha Hurst  |  

  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

March 18, 2021 @ 10:55 pm By Omar Faridi  |  

Miami-headquartered JAG Insurance has reportedly issued its very first policy using cryptocurrency. JAG Insurance Group, which is well-known for being a digital tech pioneer and challenging the standards of the insurance industry, has decided to take its first steps into the crypto-asset space by issuing… Read More