Tagged: insurtech

Plug and Play Japan Picks Nearly 100 Domestic/Overseas Startups For Winter/Spring 2020 Batch

Plug and Play Japan KK announced on Wednesday it has selected 94 startups in six verticals (IoT, Fintech, Insurtech, Mobility, Brand & Retail and Hardtech & Health ) with 36 large domestic corporate companies for the Winter/Spring 2020 Batch acceleration program, which will be carried out… Read More

UK Insurtech Startup Cuvva Secures £15 Million Through Series A Funding Round

Cuvva, an insurtech startup that is based in the UK, announced earlier this week it secured £15 million through its Series A funding round. Founded in 2015, Cuvva claims it is building a new kind of insurance that’s flexible, simple and jargon-free. The company noted… Read More

Trov Partners With Lloyds Banking Group to Launch White-Label Renters Insurance Application

Trov, a U.S.-based insurtech company, announced on Tuesday it has launched a new white-label renters insurance application app with Lloyds Banking Group. This news comes just a few months after the duo teamed up to launch Trov’s insurtech platform.  Trov reported that its technology enables… Read More

Health Savings Account Provider Starship Secures $11 Million in Total Funding

Starship, a health savings account provider for drivers, delivery persons and carriers who use the Uber app, announced on Wednesday it secured $11 million in total funding. This news comes just after the company raised the first $7 million through its Series A funding round,… Read More

Aon Is Set to Acquire Digital Insurance Platform CoverWallet

Aon plc (NYSE: AON), a global professional services firm providing a broad range of risk, retirement and health solutions, recently announced it has entered into a definitive agreement to acquire CoverWallet, a digital insurance platform for small and medium-sized businesses. According to Aon, the acquisition… Read More

Home Insurance Provider Openly Secures $7.65 Million Through Latest Seed Funding Round Led By Gradient Ventures

Openly, a U.S.-based tech-enabled home insurance provider, announced last week it secured $7.65 million through its latest seed funding round, which was led by Gradient Ventures, Google’s AI-focused venture fund. Founded in 2017, Openly claims it offers comprehensive homeowners insurance to help independent insurance agents… Read More

Allianz Insurance Announces New Partnership With Insurtech Dinghy

Allianz Insurance announced on Monday it has formed a new partnership with on-demand insurtech startup Dinghy to provide business insurance to the freelance market. According to Dinghy the number of freelancers has increased and so has the diversity of the workforce. The insurtech explained that… Read More

Global Insurtech Cover Genius Secures $10 Million Through Series B Funding Round Led By King River Capital

Global insurtech company Cover Genius announced last week it secured $10 million through its Series B funding round, which was led by King River Capital with participation from Belfer Family, Jasper Tans, Regal Funds Management, and Marinya Capital. Founded in 2014, Cover Genius claims to… Read More

UK Insurtech Dinghy Appoints Dorian Zanker As New CEO

Dinghy, a UK-based insurtech platform specifically for freelancers, announced on Wednesday it has appointed Dorian Zanker as its new CEO. The company reported that the appointment is part of its strategy to accelerate its growth in the UK and international freelance business market. This news… Read More

Canadian Insurtech Apollo Enters U.S. Market

Apollo Exchange, a Canada-based insurtech startup, recently announced it has officially entered the U.S. insurance market. Apollo reported that it entered the American market with a liability insurance product tailored for educators in California. Its insurance product allows consultants, instructors, and therapists to purchase their… Read More

Plug and Play Insurtech Announces 14 Startups Selected for Batch Three of the Insurtech Europe Program

Insurtech Europe, Plug and Play’s Insurtech platform based in Germany, announced on Thursday the 14 startups that have been selected for its third batch. According to Plug and Play, the program aims to facilitate opportunities for pilots, POCs, and new relationships between the selected batch… Read More

Global Insurance Accelerator Announces New Funding Structure for Future Cohorts

The Global Insurance Accelerator (GIA), an insurtech accelerator focused on supporting and promoting innovation for the insurance industry, announced on Wednesday changes to the funding structure beginning with the 2020 cohort, and applications are now open GIA reported that since its launch 36 startups accepted… Read More

Plug and Play Accepts 130 Startups For Accelerator Winter 2019 Batches

Global innovation platform Plug and Play announced on Thursday the 130 startups selected to participate in their Winter 2019 batches. According to the accelerator, the selected startups will participate in one of the following programs: Enterprise 2.0, Health, Insurtech, Internet of Things, Mobility, Real Estate & Construction, or Travel & Hospitality. Speaking… Read More

U.S. Insurtech Spot Announces Launch of Injury Insurance Subscription

U.S.-based insurtech startup Spot announced on Friday it has launched its subscription-model injury coverage, which provides coverage for out-of-pocket expenses, including insurance deductibles. Founded in 2017, Spot described itself as an ambitious startup entering the insurance industry by opening an entirely new channel of distribution… Read More

Pie Insurance Announces Expansion Efforts Following Series B Funding Round

Insurtech startup Pie Insurance announced on Tuesday it has achieved significant growth in the number of team members, online quote tool usage, and written premium six months since raising $4.3 million through Series B Funding Round, which was led by Moxley Holdings and Elefund, with… Read More

U.S. Insurtech Platform Broker Buddha Secures $4.5 Million Through Latest Investment Round Led By Vertex Ventures

Broker Buddha, a U.S.-based insurtech platform, announced on Tuesday it secured $4.5 million through its latest investment round, which was invested by Vertex Ventures. Founded in 2017, Broker Buddha explained it is transforming the application and renewal process to make insurance agencies more efficient and… Read More

Ping An’s OneConnect Signs MoU With Indonesia Insurtech Asuransi Sinarmas

OneConnect Financial Technology Co. Ltd. (OneConnect), an associate company of China’s insurance giant Ping An Group, announced on Wednesday it has signed a memorandum of understanding (MoU) with insurer Asuransi Sinarmas, a unit of Sinarmas. OneConnect reported that through the MoU it will enable Asuransi Sinarmas to… Read More

CPP Group’s Insurtech Blink Teams Up With Canadian Travel Insurer to Roll Out Real-Time Insurance Services

Blink, part of Leeds headquartered CPP Group Plc, recently announced it has teamed up with Canadian travel insurance group Manulife to support the roll-out of real-time insurance services. CPP claimed that since its inception in 2016, Blink has quickly established itself as one of the most… Read More

Insurtech Startup Kin Insurance Secures $47 Million Through Latest Investment Round

U.S. insurtech startup Kin Insurance announced on Wednesday it secured $47 million through its latest investment round. According to Kin, the funds will be used to launch its Kin Interinsurance Network, a Florida home insurance carrier. Founded in 2016, Kin describes itself as insurtech startup… Read More

U.S. Insurtech Ethos Raises $60 Million Through Series C Funding Round Led By GV

Insurtech company Ethos announced on Tuesday it secured $60 million through its Series C funding round, which was led by GV (formerly Google Ventures) with participation from Goldman Sachs. The funding comes less than a year after Ethos raised $35 million through its Series B… Read More

Send this to a friend