Insurtech bolttech gets $196M at $1.6B valuation from investors like MetLife

Embedded insurtech is still hot, as the $196 million in funding landed by bolttech proves. The company, which started in Singapore but now has operations around the world, said it is now valued at $1.

Wefox secures new funding at $4.5 billion valuation as it aims for profitability

Wefox, the German insurtech startup, has closed a new funding round from existing investors. The funding amount isn’t going to impress anyone, as the company managed to secure $55 million. This coul

Everything you need to know about cloud outage insurance

The usual corollary of risk is insurance against it; but when it comes to cloud downtime, the insurance sector hasn't fully caught up yet. 

Everything you need to know about parametric insurance

Insurtech companies can leverage data in this way to make the process more efficient for both the insurer and the insured.

Construction insurance company Billy raises additional $2.5 million

Billy seeks to digitize and streamline the construction compliance management process.

Insurtech giant Equisoft lands $125M investment, eyes acquisitions

Montreal-based Equisoft, an insurance and investment software developer, today announced that it raised $125 million in venture equity. It’s a large amount made more significant by the fact that

Nigeria’s Curacel raises funding to power insurance offerings and expand into North Africa

As many as 2.8% of Africans are insured, which is less than half the global average of 6.3%, making it the least insured continent in the world. Despite the abysmal number, there’s some good news. A

India’s InsuranceDekho raises $150 million despite market slump

The Indian insurance platform InsuranceDekho has raised $150 million in a Series A funding round as the firm eyes merger and acquisition opportunities at a time when the market slump has engulfed most

Eazy Digital helps Southeast Asia’s small insurers digitize their operations

Founded by two insurance industry veterans, Eazy Digital wants to give small insurance companies in Southeast Asia the same advantage as their larger competitors. Its SaaS platform lets insurers digit

Getsafe expands to France starting with home insurance

German insurtech startup Getsafe is adding a fourth market with today’s product launch. In addition to Germany, Austria and the U.K., Getsafe is now going to offer insurance products in France. The

PasarPolis is now one of Indonesia’s first full-stack insurtechs

Indonesia’s PasarPolis is now able to underwrite its own products, making it one of Indonesia’s first full-stack insurtechs. This means PasarPolis will be able to offer new products and work with

Southeast Asia insurtech Igloo increases its Series B to $46M

Igloo, a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. The f

Spain’s Cobee raises $41M for an employee benefits ‘superapp’

Benefits are one of the great oxymorons of full-time employment: the name implies help and advantages, but in a lot of cases, it’s hard to know what perks and rewards you might have available to

Pet insurance startups chase the market as pet ownership booms among Gen Z and millennials

Walk through any public park these days and you will see a hell of a lot more dogs than you might have three years ago. The loneliness of the pandemic lockdowns led to an explosion in pet ownership. P

Evy wants to offer product protection insurance everywhere

Meet Evy, a French startup that is working on extended warranties and product protection insurance. The company raised a $6.5 million seed round (€6.5 million) from Sequoia, La Famiglia VC, Global F

Amazon launches an insurance comparison site in the UK

Lemonade leans on Aviva to bring its next-gen insurance platform to the UK

New York-based insurance giant Lemonade is officially launching in the U.K., its fourth market in Europe and fifth overall, with a little help from one of the oldest and largest insurance providers in

Zopper raises $75 million to solve India’s insurance problem

For more than half a decade, Zopper built a platform for small- and medium-sized businesses, helping merchants with invoicing and payments through its point-of-sale platform. It sold that IP to PhoneP

Insurtech gets more specialized, with products just for e-bikes and factory-built homes

The ways in which we live and get around have evolved over the past few decades. For example, sales of e-bikes are outpacing sales of electric cars in the U.S., according to recent research. And pre-f

Federato raises $15M to help insurance customers manage risk

Will Ross and William Steenbergen were AI researchers at Stanford working on climate and atmospheric modeling and reinforcement learning, respectively, when they began to collaborate on wildfire model
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