Branch, a technology-driven home and auto insurance company, has closed a $24 million Series A funding round. The round was co-led by Greycroft and HSCM Bermuda, with participation from returning investors American Family Ventures and Revolution’s Rise […]
honcho, the Durham-based fintech startup taking on the insurance distribution market, have today announced the final stage of their 2019-2020 £2.25m capital investment raise. First launched last summer with investment from Maven Capital Partners and […]
Layr, an insurtech startup that uses Artificial Intelligence and machine learning to help small businesses customize commercial insurance bundles announced today a $5 million Series Seed round of financing. Sandbox Insurtech Ventures led the round with participation […]
Property claims specialist Qlaims has successfully raised £1m in a second round of seed funding led by West Hill Corporate Finance. The raise completes Qlaims’ seed funding raise of £2.3m. The investment will be used […]
Investment within the insurtech and fintech sectors continues, despite the Corona outbreak. One area where transformation is overdue is the Life and Pensions sector, where a `buy it, store it and forget it’ approach has […]
Yesterday, insurer Zurich announced Parametrix, as the UK finalist of its World Innovation Championship. The selection process whittled down 6 UK finalists at a Superday where startups presented their ideas with the potential to help Zurich explore […]
Openly Inc., the tech-enabled home insurance provider designed to empower rather than replace agents and simplify the home insurance buying process, announces a $7.65M seed round of funding led by Gradient Ventures, Google’s AI-focused venture fund. Simultaneously, […]
A roundtable attended by C-suite executives from leading insurance organisations indicates that legacy behaviours and processes are a major barrier to transformation, according to event host DevOpsGroup. The 12 delegates shared the opinion that evolving how […]
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