Tagged: insurtech

February 19, 2020 @ 9:24 am By Samantha Hurst  |  

Rokk3r (OTC: ROKK), a multinational company co-builder, announced on Tuesday its insurance-technology division, Rokk3r Insurtech, has formed a new partnership with insurance Software-as-a-Service provider Genasys to market the company’s services to new target markets. Rokk3r claims that Rokk3r Insurtech has the most complete and advanced… Read More

February 16, 2020 @ 10:51 pm By Samantha Hurst  |  

Boost Insurance recently announced it secured $14 million through its Series A funding round, which was led co-led by Coatue and Graycoft with participation from Tusk Venture Partners, Conversion Capital, and MetLife Chairman, Glenn Hubbard.  Existing investors Norwest Venture Partners and IA Capital Group also… Read More

February 16, 2020 @ 10:38 pm By Samantha Hurst  |  

The Society of Actuaries (SOA) announced last week it has formed a partnership with Silicon Valley accelerator, Plug and Play. The duo is reportedly joining forces to exchange “knowledge and ideas” that will benefit both the insurance and consumers. “This relationship will allow InsurTech start-ups… Read More

February 6, 2020 @ 10:23 pm By Samantha Hurst  |  

Buckle, a U.S.-based financial services, announced on Thursday it has launched its rideshare-only insurance that provides rideshare and Transportation Network Company (TNC) drivers with personal and commercial coverage in one policy. Buckle reported it is now available to eligible Lyft drivers in Georgia with other… Read More

February 6, 2020 @ 3:10 pm By JD Alois  |  

Insturtech Next has been rescheduled to July 21, 2020. The Next Step Disruption Technology In The Insurtech Industry The Insurtech revolution is booming in recent years. Only in 2018, three new Israeli unicorns have arisen the insurance industry. The digital transformation alongside the cultural changes… Read More

February 2, 2020 @ 10:14 pm By Samantha Hurst  |  

U.S.-based insurtech startup, FIGO Pet Insurance recently announced it received a $5 million investment for a 4% equity stake from underwriting partner Independence American Insurance Company (IAIC), a member of the IHC Group, placing Figo’s valuation at $125 million. FIGO offers a combination of comprehensive insurance policies to protect… Read More

January 31, 2020 @ 11:02 pm By Samantha Hurst  |  

Slope, an Atlanta-based software as a service company, announced earlier this week it raised $1 million through its latest seed funding round, which was led by tech venture fund Cofounders Capital. Founded in 2015, Slope described itself as an actuarial financial projection modeling software company, designed… Read More

January 31, 2020 @ 10:50 pm By Samantha Hurst  |  

Policygenius, a U.S.-based online insurance marketplace, announced on Thursday it secured $100 million through its Series D funding round, which was led by global investment firm KKR, with participation from Norwest Venture Partners, Revolution Ventures, Susa Ventures, AXA Venture Partners, MassMutual Ventures and Transamerica Ventures…. Read More

January 30, 2020 @ 11:40 am By Samantha Hurst  |  

UK insurtech Honcho is now set to close its equity crowdfunding campaign on Crowdcube with nearly £900,000 in funding secured. The initiative has reportedly attracted nearly 600 Crowdcube investors. As previously reported, Honcho is described as a reverse-auction marketplace where insurers enter a competitive real-time… Read More

January 24, 2020 @ 10:48 pm By Samantha Hurst  |  

Honcho’s latest equity crowdfunding campaign on Crowdcube is now nearing £1 million in funding. The UK-based insurtech launched the initiative last month with a mission to raise a minimum of £700,000. The company is offering 9.21% in equity at a £6,899,999 pre-money valuation. Honcho describes… Read More

January 17, 2020 @ 10:20 pm By Samantha Hurst  |  

Getsafe, a Germany-based insurtech startup, announced on Thursday it has started its digital contents insurance expansion into the UK. The expansion of services comes less than a year after Getsafe secured $17 million through its Series A funding round, which was notably led by Earlybird… Read More

January 16, 2020 @ 11:29 pm By Samantha Hurst  |  

UK-based insurtech Honcho recently announced it has decided to extend its latest equity crowdfunding campaign on Crowdcube. The funding round originally sought to raise £700,000 and is now nearing £875,000. The initiative has attracted 455 investors.  As previously reported, Honcho is a reverse-auction marketplace where… Read More

January 15, 2020 @ 3:16 pm By Samantha Hurst  |  

Insurify, an AI-powered insurance comparison platform that’s based in the U.S., announced on Wednesday it secured $23 million through its Series A funding round, which was led by MTech Capital and Viola FinTech, with participation from Nationwide, Hearst Ventures, and MassMutual Ventures. Founded in 2013,… Read More

January 12, 2020 @ 7:30 pm By Samantha Hurst  |  

Brewer Lane Ventures, a U.S.-based venture capital firm focused on investing in the insurtech and fintech industries, it has officially launched and it has brought on Martha Notaras as Managing Partner. Notaras previously led XL Innovate, a leading property and casualty insurtech VC fund that invested in Cape… Read More

January 12, 2020 @ 7:10 pm By Samantha Hurst  |  

UK-based insurtech Honcho has successfully secured its initial £700,000 funding target through its latest Crowdcube round. The campaign comes less than two years after Honcho raised £829,370 on Crowdcube.  As previously reported, Honcho describes itself as a reverse-auction marketplace where insurers enter a competitive real-time… Read More

January 9, 2020 @ 9:00 am By Samantha Hurst  |  

Corvus Insurance, a U.S.-based insurtech startup, announced on Thursday it raised $32 million through its Series B funding round, which was led by Telstra Ventures with participation from Obvious Ventures and existing Corvus investors including .406 Ventures, Bain Capital Ventures and Hudson Structured Capital Management…. Read More

January 8, 2020 @ 12:46 pm By Samantha Hurst  |  

InsurTechNY, an InsurTech community that is based in the New York metro area, announced on Tuesday it has opened applications for the 2020 InsurTech Startup Competition. According to InsurTechNY, the competition has two tracks and will award $300,000 in prizes to the six winning teams. Startups in… Read More

January 7, 2020 @ 7:14 am By Samantha Hurst  |  

 Sapiens International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a global provider of software solutions for the insurance industry, announced on Tuesday it has acquired Germany-based insurtech sum.cumo for €28.4 million. Founded in 2010, sum.cumo claims it stands for the “successful, integrated digitalization” of traditional business… Read More

December 30, 2019 @ 11:17 am By Samantha Hurst  |  

UK-based insurtech Wrisk recently announced it has partnered with BMW Group Financial Services to offer MINI Flex Car Insurance. Wrisk reported that now all new MINIs will be sold with three months’ free insurance to eligible car buyers in the UK through the insurance product,… Read More

December 29, 2019 @ 10:26 pm By Samantha Hurst  |  

Jooycar, a Chilean insurtech that is seeking to disrupt the auto insurance and telematics space in Latin America, is reportedly set to launch in the U.S. this upcoming year. According to Contxto, Jooycar is looking to expand its customized car insurance service to the U.S…. Read More