Latest Startups Headlines
All the headlines from our Startups Topic Page, ordered by recency.
Investment in Innovation to Rock Chicago Stadium at Insurtech Conference
Apr 5 2018 // Three stages, a packed football stadium overlooking Lake Michigan, decked out luxury suites. A rock concert? No, it’s an insurance innovation and investment event. But some attendees might be star-struck by the...
Chubb Invests in Startup Bunker to Develop Gig Worker Insurance
Mar 29 2018 // Bunker and Chubb are working together to develop new insurance products focused on freelance workers. Chubb has also become a minority investor in Bunker, committing at least $2 million to the startup digital broker and...
Startup Auto Insurer Root Raises $51 Million for Further Expansion
Mar 27 2018 // Columbus, Ohio-based auto insurer Root Insurance, which incorporates individual driver behavior data from mobile phone apps in every quote, announced the closing of a $51-million Series C funding round. Investors were led...
Cloud-Based Insurtech Startup Insly Raises €2.2M ($2.7M) in Funding
Mar 23 2018 // Insly, a cloud-based insurance platform, announced an investment of €2.2 million (US$2.7 million), led by Concentric and Black Pearls VC. Founded in 2015, Insly offers insurance policy management for insurance brokers...
Startup Agency Gabi CEO: ‘We Don’t Want to Eliminate Agents’
Mar 20 2018 // Editor’s Note: On Feb. 21, Insurance Journal reported on online personal lines insurance startup Gabi’s latest fundraising. (Personal Insurance Site Gabi Raises $9.5 Million; Now Selling in 6 States). In its...
Startup California Construction Company Working on Robotic Vehicles
Mar 20 2018 // As a teenager working for his dad’s construction business, Noah Ready-Campbell dreamed that robots could take over the dirty, tedious parts of his job, such as digging and leveling soil for building projects. Now the...
Agent-Inspired Insurtechs ‘Self-Disrupt’ Small Commercial Lines
Mar 19 2018 // Insurance industry technology is experiencing a revolution. While insurance carriers and venture capital firms have been behind much of today’s insurtech innovation, insurance agents and brokers have also jumped into...
Introducing the InsurTech Capitals of the World
Mar 7 2018 // Not so long ago, Hartford, Conn., was widely known as the insurance capital of the world. Today, interest has shifted to technology-led insurance firms, or InsurTechs, raising the question: Where is the InsurTech capital...
5 Strategies for Success in Small Business Market
Mar 5 2018 // The small business market is big. The U.S. small commercial market represents about one-third of the total commercial lines market and generates between $99 billion and $103 billion in direct written premium, according to...
Startup Modeler Jupiter Wants to Better Predict Impacts of Climate Change
Mar 1 2018 // A startup modeling firm named Jupiter is reaching for the stars in its quest to better model for the impacts of climate change. The firm recently launched what its calling a “transformative cloud-based technology...
Why Financial Tech Startups Need Incumbents to Succeed
Feb 28 2018 // Financial technology startups are seeing no shortage of venture dollars flowing their way, but there are increasing concerns over whether they can survive without partnering with the industry they’re seeking to...
Allianz Investment Unit Provides Funding for Fintech Startup C2FO
Feb 27 2018 // Financial technology startup C2FO raised $100 million in funding in a new round led by the investing arm of global insurance and asset management giant Allianz SE as well as Abu Dhabi’s Mubadala Investment Co. With...
Zurich, Insurtech Startup CoverWallet Offer End-to-End Insurance for SMEs in Spain
Feb 16 2018 // Zurich Insurance has launched ZurichEmpresas.es, a new digital distribution channel, which initially will provide insurance solutions for small-and-medium-sized enterprises (SMEs) in Spain. The platform, powered by...
Munich Re Leads $16.5M Financing for AI, IoT Startup Mnubo
Jan 31 2018 // Munich Re’s HSB Ventures led a $16.5 million venture financing for Mnubo, an Internet of Things (IoT), data analytics and artificial intelligence (AI) startup, which is seeking to expand internationally. Founded in...
UK Insurtech Startup Inzura Raises $1M for International Growth Plans
Jan 31 2018 // Inzura, the London-headquartered insurtech startup, announced the completion of its first major funding round, raising US$1 million to pursue its “ambitious growth plans.” The funds will be used to accelerate...
Startup Neptune Offering Digital Private Flood Product to Agents, Carriers in Nationwide Expansion
Jan 25 2018 // A digital startup private flood insurance provider, Neptune Flood, has secured $2 million in seed round funding and has plans to “aggressively expand” nationwide by offering its platform to carriers, agencies...
Japan’s SoftBank Eyes Taking Stake in India Insurance Startup: Sources
Jan 25 2018 // SoftBank Group Corp. is in talks to back leading online insurance aggregator PolicyBazaar at a valuation of at least $800 million, according to people familiar with the matter. The two sides are examining how the Japanese...
Industry Needs to Join Insurtech Wave to Digitize Insurance: AFL’s Esser
Jan 18 2018 // There is a fundamental need for reform and modernization, particularly in the London market. We should be electronically processing all lines of business, not just specialty classes. Of course, we should look at ubiquitous...
Startups Selected for Inaugural InsurTech Acceleration Program in Hartford
Jan 8 2018 // Hartford InsurTech Hub, an initiative established in 2017 by Hartford, Conn.-based insurance companies, the city of Hartford and CTNext, has selected the 2018 group of 11 startups that will participate in its inaugural...
Startup Trov, Munich Re to Insure Riders of Waymo’s Self-Driving Car Service
Dec 20 2017 // Trov, an on-demand insurance startup, plans to provide trip insurance for passengers using Waymo’s soon-to-be launched self-driving, ride-hailing service. Waymo, formerly Google’s self-driving car project,...
