Tag: insurtech

UK-based InsurTech firm Stubben Edge has raised £10m from an investment round that including firms such as Lloyd’s Names and a range of institutional investors.

US-based Ascend, which claims to be the first modern insurance payments platform, has bagged $30m in its Series A, alongside a further $250m in a lending commitment.

Bicycle insurance platform Laka has raised €10.6m in a Series A round of funding led by US mobility investor Autotech Ventures.

Blockchain-based insurance will transform claims administration and save $10bn in costs globally by 2024, up from $1.1bn in 2021, according to a report from Juniper Research.

French firm Stoïk has raised €3.8m from a new funding round to help the company with its development efforts.

Novidea, which created the born-on-the-cloud, data-driven InsurTech platform, has named Julie Shafiki as its new chief marketing officer (CMO).

Research from Trustly has found 74% of UK insurance firms plan to widen premiums to all customers following the Financial Conduct Authority’s (FCA) recent pricing review.

A recent whitepaper by InsurTech firm Akur8 has provided insights into how the Financial Conduct Authority’s (FCA) price walking ban could impact the insurance industry.

The Helper Bees, an InsurTech company aimed at helping elderly people avoid care homes, has raised $12.8m in its Series B funding round.

InsurTech firm Marshmallow has launched Marshmallow Assist, an AA-backed program to provide roadside cover for its customers.