Tag: insurtech

Russian online medical insurance platform BestDoctor has bagged $4.5m in a round led by Addventure and Target Global.

Insurance marketplace giant Policybazaar is reportedly eyeing an IPO for 2021, which would value the business upwards of $3.5bn.

InsurTech platform Coverly is closing up shop and is no longer offering small business insurance.

Having kicked off its journey four years ago, UK-based InsurTech startup Brolly is now closing its books after being acquired by Direct Line Group.

Companies in India more than doubled their share of global deal activity in less than two years.

When major FinTech companies like Monzo suffer a down round, it can causes a cloud of fear over the market, but there will still be a need for digital financial and insurance solutions post-pandemic.

InsurTech Insuritas has partnered with Indiana-based mortgage lender First Federal Savings Bank to build a turnkey, virtual insurance agency.

Verikai, which leverages data and machine learning to change how insurers perceive risk, has collected $6m in its Series A round.

Insurance marketplace PolicyBazaar has reportedly raised a further $130m from SoftBank, despite the chief executive believing the previous expansion efforts led by the mega investor were a "mistake."

The trade body Insurtech UK has partnered with investment platform Seedrs to connect emerging InsurTechs with investors and investors in an effort to encourage adoption of new technology.