Tag: Insurance

Corvus Insurance, which offers smart commercial insurance products, has netted $100m in Series C, which brings its valuation to $750m.

A recent survey by AM Best has found that six in ten US insurance companies agree demand from stakeholders to consider ESG factors in their decision making is growing.

London-based InsurTech Zego raised $150m in a Series C funding round valuing the company at $1.1bn.

RATESDOTCA, which offers a digital shop for insurance and financial products, has closed its new funding round on $51m.

Germany-based InsurTech Hepster has reportedly raised $10m in its Series A round, which was led by Element Ventures.

Singapore-based Symbo Platform has reportedly closed its new funding round on $9.4m to support the growth of its Indian affiliate.

Insurers that are expanding their channels are achieving high levels of growth, according to a new report from Majesco.

Beam Dental, a dentist-focused insurer, has closed its oversubscribed Series E round on $80m.

UK-based private equity firm Bowmark Capital has sold its stake in IT infrastructure developer Node4 to US investor Providence Equity Partners.

Despite P&C insurance being transformed by the adoption of digitalisation and automation, insurers are struggling to be 'scientific' on risk, impacting the profitability of underwriting, according to AdvantageGo senior director of business development Rupert Bidwell.