$245M Insurtech Funding Wrap-Up: Corvus, AgentSync, Cowbell Cyber, WeLab, Hi Marley March 12, 2021 Some serious money has been sent the way of various insurance startups over the past week. Investors backed cutting-edge commercial...
Insurance Sales Prospecting Insurtech, Agency MVP, Raises $3.5M, Adds Execs March 10, 2021 AgencyMVP, an online platform that identifies prospects for property/casualty insurance agencies, has received $3.5 million in seed funding from Silverton...
Openly, High-End Home Insurance MGA, Secures $40M for National Expansion December 18, 2020 By Mark Hollmer Openly, an insurtech managing general agency for high-end homeowners insurance, raised $40 million of venture capital from multiple investors. The...
Lemonade Launches in France in Its Third European Country December 9, 2020 Lemonade, the New York City-based insurance company powered by artificial intelligence and behavioral economics, has launched in France. The launch...
Q3 Insurtech Fundraising Breaks Records, but Some Mid-Tier Firms See Funding Gap October 28, 2020 Insurtech funding saw the largest number of deals and the highest amount of funding since data recording into insurtech began,...
Next Insurance Attracts $250M in New Financing; Its $631M to Date Beats Lemonade September 24, 2020 By Mark Hollmer Next Insurance secured another $250 million in financing designed to fuel continued national expansion of its digital small business insurance...
Blackstone Joins Brit’s Parent Fairfax in Investing in Lloyd’s Digital Venture Ki September 17, 2020 Digital Lloyd’s syndicate Ki reported that it has raised US$500 million from funds managed by Blackstone Tactical Opportunities and Fairfax...
Indonesia’s PasarPolis Insurtech Raises $54 Million September 2, 2020 The Indonesian digital insurance agency PasarPolis said it raised $54 million in a Series B funding round, in what it...
Chinese Crowdfunding, Insurance Site Waterdrop Raises $230 Million, Plans U.S. IPO August 20, 2020 By Kane Wu and Scott Murdoch Chinese online insurance technology platform Waterdrop Inc. has raised $230 million in a new funding round led by reinsurer Swiss...
Investors Back Startups for Commercial Auto, Climate Risk, High Risk Homes August 14, 2020 By Mark Hollmer An insurtech managing general agency focused on commercial auto insurance has raised $16 million in new Series A financing, a...