Munich Re’s Venture Arm Raises $500M for Fund Focused on Insurtech, Cybersecurity October 13, 2021 Munich Re Ventures, the venture capital arm of Munich Re Group, has closed its new $500 million investment fund, with...
Government Can and Should Help Reduce Cyber-Security Risks: ITC Highlights October 12, 2021 By Mark Hollmer It’s no secret that cyber insurance rates keep rising into the stratosphere. But the U.S. government can take specific actions...
Chubb CEO Greenberg Says Some Insurtechs Are More About Hype Than Transformation October 11, 2021 By Mark Hollmer Many startups in the insurance world have long promised to transform every aspect of the industry they touch. Speaking recently...
New Delhi-Based Insurtech Startup SafeTree Raises $1 Million in Seed Funding Round October 4, 2021 New Delhi-based insurtech start up SafeTree has raised $1 million in its seed funding round from angel investors Shams Ahmed...
Connected Motor Insurtech Ticker and Abacai Partner to Raise Capacity, Expand Offering September 29, 2021 UK connected motor insurtech Ticker and Abacai Group have partnered to increase Ticker’s capacity and introduce new levels of pricing...
Australia Insurtech Startup Cover Genius Raises Funds, Boosting Valuation to A$1 Billion September 28, 2021 By Nabila Ahmed Australian insurance startup Cover Genius Pty Ltd. boosted its valuation to A$1 billion ($729 million), after raising A$100 million [$72.8...
Mexican Insurtech Startup Offers Quick Claims Payments for Earthquake Damage September 27, 2021 Mexican startup Super, which offers coverage for earthquake property damages, plans to expand into hurricane insurance and possibly raise a...
Swiss Re Partners with Insurtech Claim Genius for Efficient Motor Claims Using AI September 22, 2021 Swiss Re is partnering with Claim Genius, an insurtech that provides artificial intelligence (AI) insurance claims solutions, to enhance motor...
Cyber Insurtech BOXX Raises US$10M From Zurich Insurance and 2 Other Investors September 22, 2021 BOXX, the Toronto-based cyber insurer for small businesses, individuals and families, announced it has closed its oversubscribed US$10 million (C$12.7...
Insurtech bolttech Extends Funding Round to $210M, Adding 2 New Investors September 21, 2021 Insurtech startup bolttech announced the extension of its recently announced US$180 million Series A funding round led by Activant Capital...