InsureTech

Mena Market: UAE Insurtech Addenda Raises More Cash to Fund Growth

UAE-based insurtech platform Addenda, has closed a six figure bridge round by participating Arab Bank-powered AB Accelerator, funded through the venture capital fund AB Ventures. Addenda raised its first round of seed funding led by […]

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 […]

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 […]

Insurance Brokers

Broker News: GRP Snaps Up 3XD – Lancs Based Intermediary

There’s still no sign of the GRP buying spree pausing anytime soon, here’s the latest news on the continuing consolidation within the UK broking sector. GRP has acquired 3XD Limited, an insurance intermediary based in […]

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. […]

InsureTech

InsurTech: yulife Secures £10m in Funding To Revolutionise Life Sector

yulife, the life insurance company which puts wellbeing at the heart of its insurance offering, has announced today that it has secured £10 million in Series A funding. The round was led by Creandum Funds, backers of Spotify, iZettle and depop. […]