Tag: AI insurance

Harper raises $47m to modernise business insurance with AI

Harper, an AI-powered commercial insurance brokerage, has raised $47m in combined seed and Series A funding. The round was led by Emergence Capital, with participation...

Akur8 acquires Matrisk to launch Discover pricing tool

Akur8, an InsurTech company specialising in insurance pricing and reserving through transparent machine learning, has acquired Matrisk, an AI-driven platform focused on transforming unstructured...

Federato secures $100m to expand AI-native insurance platform

Federato, the AI-native insurance software provider, has raised $100m in a Series D funding round led by Growth Equity at Goldman Sachs Alternatives, with participation from existing investors Emergence Capital, Caffeinated Capital, StepStone Group and Pear VC.

MGT raises $21.6m to modernise small business insurance

AI-focused commercial insurer MGT, which uses vertical AI to modernise property and casualty (P&C) insurance for small businesses, has raised $21.6m in an oversubscribed...

Insurate joins Markel to power AI-driven safety scoring

Markel Insurance and Insurate, an InsurTech company focused on the middle-market workers compensation sector, have formed a strategic partnership. Markel is a major U.S.-based...

Outdoorsy Group’s Roamly expands into Canada with Canadian Access acquisition

The Outdoorsy Group has announced the expansion of its InsurTech platform Roamly into Canada, marking a key step in its international growth strategy.

Napo raises €14.4m to revolutionise pet insurance with AI and automation

London-based InsurTech company, Napo, which specialises in pet insurance solutions, has successfully closed a €14.4m Series B funding round.

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