Tagged: insurtech

June 7, 2019 @ 9:38 pm By Samantha Hurst  |  

Avinew, a U.S.-based insurtech that is seeking to reinvent auto insurance, announced earlier this week it has acquired Betterdrive, a U.S. insurtech that has developed technology to predict the probability of accidents based on the route, time of day, traffic, and weather conditions. Through the… Read More

June 7, 2019 @ 8:48 pm By Samantha Hurst  |  

UK-based insurtech Wrisk completed its latest equity crowdfunding campaign on Seedrs with a total of £978,682. The funding round was launched earlier this spring, originally seeking £750,000. The startup raised £1 million through its second Seedrs initiative less than a year ago.  As previously reported,… Read More

June 6, 2019 @ 7:46 am By Samantha Hurst  |  

Getsafe, a Germany-based insurtech startup, announced on Thursday it secured $17 million through its Series A funding round, which was notably led by Earlybird with participation from CommerzVentures and other existing investors. Founded in 2014, Getsafe claims it is looking to reinvent insurtech and is… Read More

May 22, 2019 @ 4:11 pm By Samantha Hurst  |  

Snapsheet, a U.S.-based insurtech that’s focused in virtual claims solution, announced earlier this week it raised $29 million through its Series E funding round, which was led by Tola Capital, a venture capital firm that focuses on enterprise software. It includes participation from new investors,… Read More

May 22, 2019 @ 11:39 am By Samantha Hurst  |  

TicketGuardian, an insurtech startup that’s aiming to shake up the ‘no refunds’ standard of live events ticketing, announced earlier this week it has rebranded to Protecht. According to TicketGuardian, the name change is designed to streamline and simplify the Protecht offerings to partners, prospects, and… Read More

May 2, 2019 @ 9:40 pm By Samantha Hurst  |  

Indio Technologies, a California-based insurtech platform for brokers, announced on Thursday it secured $20 million through its Series B funding round, which was led by Menlo Ventures with participation from 8VC.  As previously reported, Indio was founded in 2016 and describes itself as a technology… Read More

April 17, 2019 @ 2:34 pm By Samantha Hurst  |  

MetLife Korea announced on Wednesday the seven finalists selected for its open innovation program, collab 5.0. The program is looking for insurtech companies globally to scale their business with MetLife while solving some of the insurer’s biggest innovation challenges across its Korean business. According to… Read More

April 11, 2019 @ 1:46 pm By Samantha Hurst  |  

Lively, a U.S.-based insurtech, announced on Thursday the launch of its new iOS mobile app, which offers more accessibility to customers’ health saving accounts (HSAs). Founded in 2016, Lively describes itself as a “modern” HSA platform for employers and individuals. The company explained that its… Read More

April 9, 2019 @ 3:55 pm By Samantha Hurst  |  

UK-based insurtech Wrisk has successfully secured £750,000 through its third equity crowdfunding campaign on Seedrs. The funding round was launched less than a year after the startup raised £1 million through its second Seedrs initiative. Wrisk is aiming to shake up the antiquated insurance industry… Read More

April 2, 2019 @ 8:31 am By Samantha Hurst  |  

Sayata Labs, an Israel startup that is developing an AI software-as-a-service (SaaS) solution that empowers insurance brokers to assess businesses’ cyber risk, announced last week it secured $6.5  million through its latest seed funding round, which was led by Elron.  The company claims it offers “best-in-class” cyber… Read More

March 28, 2019 @ 9:46 pm By Samantha Hurst  |  

Finaeo, a Canada-based insurtech startup focused on the life insurance marketplace, announced this week it secured $5.35 million through its latest investment round, which was led by Luge Capital. Founded in 2016, Finaeo’s vision is to become the digital fabric that connects and powers the… Read More

March 22, 2019 @ 8:27 pm By Samantha Hurst  |  

Borgun, a European payment processor and merchant acquirer, announced earlier this week it has signed an agreement with the fintech and insurtech company novae to support its digital transformation. Borgun reported that it and novae are aiming to co-create solutions in a digital capability framework… Read More

March 20, 2019 @ 3:34 pm By Samantha Hurst  |  

FM Global, a commercial property insurer whose clients include more than one-third of Fortune 1000 companies, announced on Wednesday it has formed a partnership with Plug and Play, a global innovation platform. According to GM Global, startups accepted into Plug and Play’s platform will have… Read More

March 17, 2019 @ 9:24 pm By Samantha Hurst  |  

Insurtech startup Zesty.ai has recently formed a new partnership with Aon plc (NYSE:AON), a global professional services firm providing a broad range of risk, retirement and health solutions, to enhance insurers’ underwriting through access to more than 130 billion data points on buildings and their… Read More

March 14, 2019 @ 9:51 pm By Samantha Hurst  |  

Corvus, a U.S.-based insurtech startup, announced last week the launch of its Smart Cyber Insurance product lines. Founded in 2017, Corvus Insurance is an AI-driven InsurTech company offering Smart Commercial Insurance policies and innovative technology that utilizes new forms of data to predict and prevent… Read More

March 13, 2019 @ 7:27 am By Samantha Hurst  |  

Novae, a U.S.-based fintech and insurtech firm, announced on Wednesday it has launched Onboard, which is described as an all-digital platform that allows bank cardholders to access all their card-related benefits by simply downloading the app and entering the first six digits of their cards…. Read More

March 5, 2019 @ 3:50 pm By Samantha Hurst  |  

Less than six months after raising $4.3 million through its seed round led by Sirius Group, Moxley holdings and Elefund, insurtech startup Pie Insurance announced it has secured $45 million through its Series B funding round. The round attracted Moxley Holdings and Elefund, along with… Read More

February 27, 2019 @ 11:57 am By Samantha Hurst  |  

Breathe Life, a Canada-based insurtech startup, has recently secured C$4.5 million through its latest seed funding round, which was led by Diagram Ventures with participation from Real Ventures. Founded in 2017, Breathe Life reports that its platform delivers a “modern customer-centric experience” with tools and… Read More

February 25, 2019 @ 8:51 am By Samantha Hurst  |  

Sunday, a Thailand-based insurtech startup, announced on Monday it secured $10 million through its Series A funding round, which was led by global investor network Vertex Ventures SEA and India. Founded in 2017, Sunday is a fully-integrated sales and services InsurTech that uses artificial intelligence and digital… Read More

February 10, 2019 @ 5:23 pm By Samantha Hurst  |  

CoverHound, the property and casualty (P&C) insurance platform for digital distribution, announced last week it secured $58 million through its Series D funding round, which was led by specialist insurer Hiscox, with participation from insurance providers Chubb, Aflac Ventures and Japan-based MS&AD. Founded in 2010, Coverhound offers digital shoppers instant quotes… Read More