Global insurance trends

Bright Health Wins Another $500m in Funding

Bright Health Inc. recently announced a $500 million Series E funding round with significant investments by funds and accounts advised by Tiger Global Management, T. Rowe Price Associates and Blackstone, with follow-on investments from existing investors including NEA, Bessemer Venture Partners and Greenspring Associates. […]

Global insurance trends

Insurtech Funding: Branch Closes on $24m Series A Round

 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 […]

InsureTech

honcho Launches on Seedrs Funding Platform, Goes For Growth

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 […]

InsureTech

Layr Raises $5m In Funding, Looks to Expand Tailored Biz Quotes Offer

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 […]

Life/Health/Critical illness

Xpension Raises 25m Euros in Series C Funding Round

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 […]

InsureTech

Parametrix Wins UK Round of Zurich Innovation Comp

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 […]

Household Insurance

Openly Raises $7.6m In Funding Round, Aims to Expand Home Insurance Offer

 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, […]