CLARA closes $11.5m Series A led by Oak HC/FT
CLARA analytics has closed its Series A funding round on $11.5m, with Oak HC/FT leading the investment.
InsurTech platform XAGENT closes $2.1m seed round
US-based XAGENT, a submission platform for retail property and casualty insurance agents, has netted $2.1m in seed funding.
Urban Jungle said to raise £1m seed round
UK-based InsurTech solution Urban Jungle has reportedly netted £1m in a seed round of funding.
Hungarian InsurTech platform Netrisk.hu bought out by MCI Capital in €56.5m deal
Hungarian InsurTech platform Netrisk.hu has been bought up by private equity firm MCI Capital.
Amazon to consider move into global InsurTech market
E-commerce giant Amazon is reportedly considering a move into the InsurTech market.
BIMA lands $96.6m investment from Allianz X
BIMA, a micro-insurance provider for Africa, Asia and Latin America has received a $96.6m investment from Allianz X.
Lemonade closes $120m Series C led by SoftBank Group
Insurance company Lemonade has closed a $120m Series C funding round led by SoftBank Group, and participation from existing investors. This fresh batch of capital...
Lloyd’s selects REG to reduce administrative burden of coverholder compliance
REG, an online due diligence and regulatory compliance platform, has been selected by insurance giant Lloyd’s to assist in recording data and to help reduce the administrative burden on UK coverholders.
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.
Bunker grabs $6m to insure gig economy workers
San Francisco-based business insurance platform Bunker has picked up $6m in a Series A round. Omidyar Network led the investment with existing backers also participating.