Next Insurance, an Insurtech seeking to transform small business insurance, has raised $250 million in a Series C funding round from Munich Re. According to the company, the funds will allow it to scale its “industry-leading small business insurance products.” Next Insurance wants to become… Read More
Read more in: Insurtech | Tagged guy goldstein, joachim wenning, munich re, next insurance
Insurtech Inshur has closed on a $7 million Series A investment round alongside a $2 million credit facility, according to a release from the company. The investment was led by Munich Re Ventures with participation from MTech Capital – a venture fund focused on Insurtech. … Read More
Read more in: Global, Insurtech | Tagged andrew rear, brian mcloughlin, dan bratshpis, inshur, mtech capital, munich re, uk, united kingdom
Equidate has rebranded to become Forge Global, Inc. (Forge). Forge is an online marketplace for pre-IPO securities, like Spotify, Lyft, 23 and Me and others. Forge reports having topped $1 billion in transactions. Alongside the change of name Forge announced the expansion of its Series B funding… Read More
Read more in: Fintech, Investment Platforms and Marketplaces | Tagged equidate, forge, kelly rodriques, munich re, peter roeder, peter thiel, tim draper
Embroker, a modern business insurance platform designed to improve how companies of all sizes buy and manage insurance coverage, announced on Wednesday the launch of its fully digital directors and officers (D&O) insurance policy, specifically designed for venture capital (VC) backed tech startups. Embroker reported that the… Read More
Read more in: Insurtech | Tagged embroker, insurance, insurtech, munich re, startups
On Monday, insurtech startup Ethos announced it has formed partnerships with mutual insurance organization Assurity Life and reinsurer Munich Re. According to Ethos, the new partnerships follow Ethos’ recent launch out of stealth mode and the closing of its $11.5 million funding round, which was… Read More
Read more in: General News, Insurtech | Tagged assurity life, ethos, insurtech, munich re
Waymo, Alphabet’s (neé Google) self-driving tech company, has partnered with Trōv an Insurtech firm that provides on-demand insurance. Waymo claims the title of “first” in the land of self driving fleet cars. In 2018, Waymo will launch commercial ride-hailing with autonomous cars in Phoenix, Arizona…. Read More
Read more in: Insurtech | Tagged alphabet, andy rear, google, munich re, scott walchek, shaun stewart, trōv, waymo
Next Insurance, an insurtech company that specializes in small to medium businesses, announced on Wednesday it secured $29 million during its Series A funding round, which was led by Munich Re/HSB Ventures with participation from Markel, Nationwide, and other existing investors. Next Insurance explained that… Read More
Read more in: Insurtech | Tagged hsb ventures, insurtech, market, munich re, nationwide, next insurance, series a funding
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