Tagged: insurtech

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 17, 2021 @ 3:43 pm By Omar Faridi  |  

Malaysian Insurtech platform Fatberry has reportedly secured RM 2.5 million (appr. $600,000) through a pre-series A funding round. As noted by its management: “FatBerry is Malaysia’s most comprehensive online insurance portal. We allow you to compare and search for the best coverage plans quickly and… 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 16, 2021 @ 8:16 am By Omar Faridi  |  

Lloyd’s Lab has announced its sixth cohort with a special focus on “product simplification” and climate. Lloyd’s revealed on April 15, 2021 that the next eleven insurance technology (Insurtech) startups joining the sixth cohort of the Lloyd’s Lab innovation accelerator program will aim to develop… Read More

April 14, 2021 @ 4:45 pm By Samantha Hurst  |  

  Nova Benefits, a B2B health insurance platform, has reportedly secured $1 million through its latest seed round, which was led by Multiply Ventures, Better Capital and Titan Capital. Founded in 2020, Nova Benefits claims to be the one stop tech platform for providing the “best”… Read More

April 10, 2021 @ 9:37 pm By Omar Faridi  |  

ZA Tech Global Limited, the technology venture established by ZA International and supported by Softbank’s Vision Fund 1, revealed on Friday (April 9, 2021) that it’s launching its Asia Fintech Center (AFC) in Singapore. The new center will focus on financial services innovation projects and… 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

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

Plug and Play announced on Thursday it has selected 154 startups into their Summer 2021 Batches. The accelerator program reported that each company has been accepted into one of the following programs that run through June: Energy, Enterprise Tech, Fintech, Health, Insurtech, Internet of Things, Mobility, Real Estate & Construction, or Travel &… 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 @ 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 21, 2021 @ 5:33 pm By Omar Faridi  |  

Insurtech firm Lemonade has shared some important information regarding making down payments on properties. Team Lemonade (NYSE:LMND) writes in a blog post that when someone says they are “saving up” for a home, what they’re “really doing is saving up for a down payment.” The… 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 17, 2021 @ 1:27 pm By Samantha Hurst  |  

Envestnet, Inc. (NYSE: ENV), a provider of intelligent systems for wealth management and financial wellness, announced on Wednesday it has expanded its Variable Annuity Program to become the Envestnet Insurance Exchange, powered by Fiduciary Exchange, LLC (FIDx).  According to Envestnet, the Envestnet Insurance Exchange provides… Read More

March 16, 2021 @ 2:40 pm By Samantha Hurst  |  

LeaseLock, a U.S.-based insurtech that provides totally eliminates security deposits, surety bonds, and guarantors in rental housing, announced on Tuesday it has surpassed $1 billion in insured lease value for residential apartment homes. The latest milestone comes shortly after LeaseLock announced its $52 million through… Read More

March 15, 2021 @ 10:01 pm By Omar Faridi  |  

Malaysia-based Ouch!, a digital or online insurance company, has secured RM 1.5 million (appr. $360,000) in seed funding via a round led by Vynn Capital and Temokin, along with participation from several angel investors. The Ouch! team says it will use the capital raised from… Read More

March 15, 2021 @ 10:05 am By Samantha Hurst  |  

GloveBox, a U.S.-based insurtech platform, has raised $3 million through its latest investment round, which was led by Mercato Partner’s Prelude Fund with participation from Heffernan Insurance Brokers. Founded in 2019 and launched in 2020, GloveBox describes itself as a centralized mobile and web application… Read More