Tag: insurtech

Marsh McLennan Agency (MMA), the marketing agency subsidiary of global insurance broker Marsh, has purchased Vaaler Insurance for an undisclosed fee.

Kalepa, which provides AI-powered decision support for commercial Insurance underwriters, has reportedly raised $14m in its Series A round.

US-based InsurTech AgentSync secured $25m in a new Series A funding round co-led by Lead Gil and David Sacks’ Craft Ventures.

Thailand-based InsurTech startup Sunday has reportedly collected $45m in its Series B funding round,

Prior to the Covid-19 pandemic, the insurance sector was already a highly competitive space. Now, with more demand than ever for insurance, the market is going into overdrive.

Commercial construction insurance business Shepherd has raised $6.15m from a seed funding round led by Spark Capital.

Tractable has released a new AI solution that can assess a vehicle’s external condition and possible damage within minutes.

Insurance agent and comparison platform Insurify has raised $100m from a Series B round led by private equity firm Motive Partners.

Abu Dhabi-based Hala has snared $5m from a funding round led by Mubadala Investment Company.

The InsurTech sector has boomed over the past few years, but there are still common myths about the sector that need to be debunked.