InsurTech

Cincom Systems, a global organisation dedicated to fostering business success through process automation, has partnered with Sapiens International Corporation, a leading software solution provider in the insurance industry.

AlgoDriven, which helps vehicle dealers, insurance firms and lenders to get the accurate prices for cars, has received $2m in its Series A funding round.

Lexasure Financial Group, provider of reinsurance and digital insurance solutions in Southeast and South Asia, has signed an agreement to go public via special merger acquisition company (SPAC) Capitalworks Emerging Markets Acquisition (CEMAC).

Atidot, an innovative leader in the InsurTech sector, has released its new, advanced AI platform as a response to a growing need for more optimised, intelligent solutions within the life insurance sphere. 

InsurTech social data startup Digital Fineprint has signed up Eos Venture Partner as the lead investor for its pre-Series A round. The size of the funding is undisclosed.

Global professional services firm Synpulse has partnered with Cenata to leverage its outwards reinsurance system.

Mexico-based InsurTech company Crabi has reportedly collected $4m in seed funding, to support its mission of improving auto insurance in the country.

InShare, which claims to provide workers with cheaper insurance policies, has collected $7.5m in its seed funding round.

Boost Insurance, the innovative insurance infrastructure platform, has unveiled a strategic partnership with Canopius US Insurance Holdings, a subsidiary of Canopius Group.

Insurance technology developer Bright Health has reportedly hit a $950m valuation after picking up significant backing from a swathe of venture capital firms.