News

Laka Raises Another $4.7m in Funding, Expanding into Europe in 2020

Laka, the community-driven insurance technology company, has successfully raised $4.7 million equity funding. The round was led by early-stage venture capital firms LocalGlobe and Creandum. The round closed on 30th January 2019. Following on from Laka’s pre-seed round […]

News

Deals: Searchlight Buys Majority Stake in GRP Group

Global Risk Partners (“GRP”, “the Group”), the leading independent insurance intermediary, is pleased to announce a major investment into the firm from Searchlight Capital Partners (‘Searchlight’), a global private investment firm. Founders Peter Cullum CBE […]

Business

Deals: Varagon Teams Up With AIG and Aflac

Varagon Capital Partners, L.P. (“Varagon”), a leading direct lender to middle market companies, today announced that it has entered into a definitive agreement to form a new strategic partnership with Aflac Global Investments (“Aflac”) and […]

InsureTech

Latest Insurtech Funding News; Investment Still Pouring In

Insurance is changing rapidly, so here is a quick round up of the latest investment capital and VC funding for various insurtech projects around the world; BOLDER PENGUINS SPOTTED IN OHIO Bold Penguin, a Columbus […]

Legal

Legal: Clyde & Co Joins Climate Resilient Investment Coalition

Global law firm Clyde & Co is a signatory of the Coalition for Climate Resilient Investment, launched today at the United Nations Climate Action Summit in New York. The coalition brings together companies across the […]

Insurance Brokers

Broker Update: Seventeen Group Buys Plymouth Based WPS

Seventeen Group has acquired Plymouth based Walker Persson & Spargo Ltd effective from 28th June 2019 for an undisclosed sum. WPS was established in 1968 and are a leading independent broker in the South West. […]

InsureTech

Global: RenewBuy India Raises $19m in Funding, Plans Expansion

India is a rapidly growing insurance market and the pace of change there is prompting VC companies to make investments in online insurance brands, as the population moves from cash to smartphone & online purchasing. […]