Tagged: insurtech

Hippo Insurance Announces New Partnership With National Mortgage Originator & Servicer Home Point Financial

Insurtech startup Hippo Insurance recently announced it has formed a new partnership with Home Point Financial, a national mortgage originator and servicer. Hippo reported that with its online application process integrated directly into the Home Point online mortgage platform, customers may now take advantage of… Read More

French Fintech Firms Secured $700 Million in Capital in 2019, According to a New Study

Fintech startups Spendesk, Wynd, and Lunchr conducted some of the largest fundraising rounds in France in 2019. A study by “Observatoire de la Fintech” reveals that these financial technology companies secured a total of $700 million (appr. €625 million) in capital. Mikaël Ptachek, head of… Read More

UK Insurtech Honcho Launches New Crowdcube Round; Now Seeking £700,000 in Funding

Less than two years after securing £829,370 through its previous equity crowdfunding campaign on Crowdcube, UK-based insurtech Honcho has returned to the funding platform to raise an additional £700,000 in funding. The company is offering 9.21% in equity at a £6,899,999 pre-money valuation.  As previously… Read More

UK Insurtech Found Launches Equity Crowdfunding Round on Seedrs

Found, a UK-based insurtech, is now seeking 250,000 through its equity crowdfunding round, which was launched on Seedrs. Founded in 2017, Found describes itself as an innovative, community-focused, technology-driven lost property management start-up with an exciting insurtech​ offering. “By reuniting the public with their lost… Read More

U.S. Insurtech/Fintech Hourly Secures $7.15 Million Through Seed Funding Round Led By Aya Peterburg & Haim Sadger of S Capital

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Hourly, a U.S.-based insurtech/fintech that simplifies workers’ comp insurance, payroll and time tracking for small business owners, announced on Wednesday it secured $7.15 million through its latest seed funding round, which was led by Aya Peterburg and Haim Sadger of S Capital, with participation from Inovia Capital, J-Angels and… Read More

U.S. Insurtech Cover Whale Launches Truck Insurance Quote Platform

Cover Whale, a U.S.-based insurtech general agent, announced last week it has launched its new commercial truck insurance platform, BigRigInsure. According to Cover Whale, the platform provides a solution for Truck Insurance Quotes.  Founded earlier this year, Cover Whale has access to U.S.-based carriers with… Read More

Sensely Joins Plug and Play Japan’s Insurtech Accelerator Program

Sensely, a U.S. startup that has created avatar and chatbot-based platforms to assist insurance plan members and patients with insurance services and healthcare resources, announced on Tuesday it has been selected for the next batch of Plug and Play’s Insurtech program in Japan. According to… Read More

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

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