cyber insurtech News

UK Cyber Insurtech KYND Receives £3.25 Million Investment from BGF

KYND, the London-based provider of cyber risk management solutions for the insurance industry, announced a £3.25 million ($4.4 million) investment from BGF, a growth capital investor. The insurtech will use the investment to accelerate its growth and global expansion plans, …

Cyber Insurtech Corvus Buys Lloyd’s Coverholder Tarian Underwriting Ltd.

Corvus Insurance, the Boston-based, cyber-focused managing general agent, announced it has acquired Tarian Underwriting Ltd. from Beat Capital Partners Ltd. Tarian operates a cyber underwriting platform that provides cyber solutions and underwrites on behalf of a consortium of Lloyd’s syndicates. …

Cyber Underwriting Firm Envelop Risk Raises $6 Million in Funding

Envelop Risk, the UK cyber underwriting and risk analytics business, announced a Series A investment of approximately $6 million. The funding round was led by artificial intelligence specialist investor Alpha Intelligence Capital (AIC), with additional support from existing investors including …

Investments in Insurtechs Rose in Q4 2018; Cyber Becomes a Focus

Sixty-three insurtech deals with a total value of $1.59 billion were announced worldwide in the fourth quarter of 2018. The number of deals was up 24 percent while the value jumped 155 percent over Q4 2017. The total, including all-stage …

Insurtech MGA Corvus Insurance Launches ‘Smart’ Cyber Coverage

Corvus Insurance, an insurtech managing general agent, has released a new cyber insurance offering for organizations with up to $1 billion in annual revenue. The new Smart Cyber Insurance product includes the features of a conventional cyber insurance policy along …

Cybersecurity Professional Deploys Insurtech to Simplify Small Business Cyber Market

A small business owner and cybersecurity professional frustrated by the complicated cyber coverage buying process decided to take matters into his own hands – he became a cyber insurance broker. “I wanted to solve the cyber insurance problem for small …