LuckyTruck bags $2.4m to serve commercial trucking
LuckyTruck, a tech-enabled retail insurance agent focused exclusively on trucking, has raised $2.4m in a seed extension.
Insurance cyber risk platform Cyence partners with Allianz Global
Cyber risk modelling platform for the insurance sector Cyence has partnered with Allianz Global Corporate & Specialty SE.
Mutual Benefit Group opts for Duck Creek to improve claims
Duck Creek Technologies, an intelligent solutions provider to the property & casualty (P&C) insurance market, has been selected by Mutual Benefit Group to enhance its group claims workflow.
FRISS amasses €15m for insurance fraud, risk and compliance
FRISS, a provider of analytics software for fraud, risk and compliance to P&C insurers, has closed a €15m Series A funding round.
FloodFlash enters US market, names country CEO
FloodFlash, a parametric insurance technology company that pays catastrophic flood claims within 48 hours, has entered the US market and hired its CEO to lead the division.
Singapore-based InsurTech platform UEX bags $983k seed
Singapore-based health insurance platform UEX has closed a SGD 1.3m ($983,580) seed funding round from VERSPIEREN.
Motor and home insurers to suffer biggest losses in a decade, EY reports
UK-based motor and home insurers will suffer significant losses in 2022 and 2023 due to inflationary pressure and low premium rates, according to a report from EY.
honcho picks up FCA authorisation, raising funds to push next growth stage
Online insurance auction platform honcho is raising its latest round of funding, just months after it secured £830,000 through crowdfunding.
Workers’ compensation brands United Heartland and Third Coast Underwriters team up
United Heartland and Third Coast Underwriters, two workers' compensation brands, have entered into a strategic alignment to leverage the expertise of both divisions to benefit middle-market businesses.
Kenya-based InsurTech Bismart receives funding from GreenTec
Kenya-based InsurTech platform Bismart has received an investment from GreenTec Capital.