Life/Health Insurance

Beam Benefits has closed a $40m funding round which is set to boost the insurers' company value 25% since its Series E in early 2021. 

Beam Benefits raises $40m to boost company value 25%

Beam Benefits has closed a $40m funding round which is set to boost the insurers' company value 25% since its Series E in early 2021. 
YuLife joins forces with Bupa to revamp health insurance for UK businesses

YuLife joins forces with Bupa to revamp health insurance for UK businesses

YuLife, the tech-driven financial force, has partnered with renowned health provider, Bupa, to expand its insurance offerings, reinforcing its commitment to enhancing business health provisions in the UK.

Compre acquires Irish subsidiary of Covéa

International legacy group Compre, has acquired Medical Insurance Company DAC (MIC), the Irish subsidiary of Covéa.

Howden’s Aston Lark acquires insurance broker Curtis Marine

Howden-owned Aston Lark has announced the acquisition of Curtis Marine, a Plymouth-based marine insurance broker.

Wright launches new residential private flood insurance option

Wright National Flood Insurance Services has revealed a new residential private flood insurance option, as an extension of its ResiFlood Programme.

Neptune’s re-insurer growth provides $100m additional premium capacity

Neptune Flood has announced significant growth in insurance carrier and reinsurer relationships, which is set to provide over $100 million in additional premium capacity.

The importance of CCM software for life-insurers 

Life-insurers, like any other segment of the InsurTech sector, have to face the ever-growing impact of technological evolution in the field. 

AXA to purchase Laya Healthcare from AIG for €650m 

AXA has revealed that it has entered into an agreement to purchase Laya Healthcare from Corebridge Financial Inc., a subsidiary of InsurTech giants AIG.

Family First secures $11m Series A for tech-driven caregiver support

Aurora Innovation Inc., a NASDAQ-listed entity known for its pioneering work in the field of self-driving technology, has announced an upsized public offering of its Class A common stock.
Verifiable

HealthTech startup Verifiable lands $27m in Series B funding

Verifiable, a HealthTech firm targeting the inefficiencies in healthcare credentialing, has successfully raised a notable $27m Series B. 

News Stories

Stripe valued at $70bn in new Sequoia Capital deal

Stripe valued at $70bn in new Sequoia Capital deal

In a strategic move, Sequoia Capital has reportedly extended an offer to its investors to buy shares in Stripe, a leading payments company it initially supported nearly 14 years ago, according to a report from Axios.
Mexican FinTech startup OCN raises $86m to expand car rental services for gig workers

Mexican FinTech startup OCN raises $86m to expand car rental services for gig workers

Mexican FinTech OCN, formerly known as OneCarNow, has successfully secured $86m in a Series A funding round, according to a report form Bloomberg.
EBA launches consultation on new MiCAR reporting guidelines

EBA launches consultation on new MiCAR reporting guidelines

The European Banking Authority (EBA) has announced a public consultation on new draft Guidelines intended to standardize reporting requirements under the Markets in Crypto-assets Regulation (MiCAR).
New Independent Science Based Taxonomy (ISBT) enhances sustainable investment

New Independent Science Based Taxonomy (ISBT) enhances sustainable investment

In the realm of sustainable finance, the clarity and credibility of categorising economic activities have received a substantial boost with the introduction of the Independent Science Based Taxonomy (ISBT).
KPMG launches new Clear on Climate Reporting Hub to offer greater ESG reporting support

KPMG launches new Clear on Climate Reporting Hub to offer greater ESG reporting support

KPMG International has recently launched the Clear on Climate Reporting Hub, an innovative platform designed to offer valuable insights and guidance on corporate reporting of climate-related matters.

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