Tag: insurtech

While Covid-19 has caused InsurTech investment to plummet, the market will see both short-term and long-term winners.

+Simple, which helps to simplify insurance underwriting, has closed a €20m funding round and the acquisition of wholesale broker April Entreprise.

Hot on the heels of its acquisition of Virtual MGA in July, Insurity has inked a partnership with ODG by MCG.

InsurTech ventures who struggled in the past are enjoying rapidly improving loss ratios, according to analysts at JMP Securities.

Hot on the heels of Lemonade's IPO this summer, Root has now added its name to the list of InsurTechs going public in 2020.

This year has seen numerous FinTech unicorns and Unqork has continued this trend following the close of a $207m Series C round that increased its valuation to $2bn.

India’s e-commerce giant FlipKart will offer its clients cyber insurance policies, which will be underwritten by Bajaj Allianz through a new deal.

Ping An has led the way in terms of insurers’ Covid-19 response due to its digital capabilities, according to a report from GlobalData.

AI platform for insurance i3 Systems has reportedly bagged $1.5m in a funding round, which will aid the enhancement of its technology.

Small business insurance provider Next Insurance has scored $250m in its Series D round to help it grow the team by 50%.