Insurtech Investments and Valuations Soar Even As Some Startups Fail Fast January 31, 2020 Insurtech investments reached an historic high in 2019 but last year also capped a three-year period where a good number...
Virtual Auto Insurance Agency Insurify Raises $23M; Will Expand Into Home, Renters, Life January 16, 2020 Digital auto insurance comparison agency Insurify announced it is expanding into home, renters and life insurance comparison. To help drive...
Digital MGA Clearcover Raises $50M; Plans on Entering More States, Becoming Carrier January 6, 2020 Clearcover, a digital managing general agent focused on auto insurance, said it has raised $50 million in new financing. The...
Insurtech Sales Platform Cover Genius Raises $10M for Expansion November 13, 2019 By Mark Hollmer Cover Genius, an insurtech that offers an insurance sales and payments tools to online retail, travel, property, shipping and other...
Munich Re Backs Small Business Insurtech Next Insurance with $250 Million October 7, 2019 By Mark Hollmer Insurtech Next Insurance has pulled in a $250 million financing round from a single investor: Munich Re. Palo Alto-based Next...
Global Insurance Accelerator Boosts Its Funding for Insurtech Startups October 3, 2019 The Iowa-based Global Insurance Accelerator will nearly double its seed funding for insurtechs accepted into the program in 2020. Nicole...
Lemonade’s European Expansion Begins in Germany June 12, 2019 Lemonade is making good on its promise to expand into Europe, with news that it is now open for business...
Insurtech Lemonade Raises $300 Million; SoftBank, Allianz, Alphabet Among Investors April 11, 2019 By Anna Irrera Lemonade, the insurance company built around artificial intelligence and behavioral economics, announced the signing of a $300 million Series D...
IA Capital Group Raises $150 Million for Insurtech Investing April 4, 2019 IA Capital Group, an insurtech-focused venture capital firm, said it has raised $150 million across three funds. The three funds...
Artificial Intelligence, IoT Startups Gaining in Global Insurtech Funding March 31, 2017 Investing in technology-oriented insurance ventures (insurtech) is clearly a global trend and almost half of all the money being poured...