Luko's parent company, Demain ES, will be put for sale via a legal notice in the newspaper after Admiral abandoned ship.
Insurtech has had a rocky few years. Several startups in the space raised a lot of money and tried their luck on the public markets, but found that investors were unwilling to grant them valuations on
Alexa Irish and Laura Speyer, now the co-CEOs of Catch, acquired the company in June after the original co-founders shuttered the company.
Nirvana Insurance — an insurance startup taking a new approach to insurance products for commercial fleets using artificial intelligence, telematics, internet-of-things technology and 15 billion
French startup Orus has raised an $11.6 million Series A funding round (€11 million). The startup offers insurance products specifically designed for small and medium companies. Interestingly, today
Onsurity, an Indian startup that offers monthly subscription-based insurance solutions to micro, small and medium enterprises, startups and growing businesses, has raised $24 million in a funding roun
Getsafe, a German-based digital insurtech startup, has acquired the German portfolio of Luko, a French insurtech startup that recently neared insolvency before agreeing to be acquired by British insur
French startup Stoïk offers a cyber insurance product to small and medium companies — a bit like Coalition in the U.S. And things have been working well in France. So the company just announce
Lula, a startup which aims to be the “Stripe for insurance,” has raised $35.5 million in a Series B funding round after experiencing a massive surge in customers. When TechCrunch reported
Africa’s insurance market is expected to grow at a compound annual growth rate (CAGR) of 7% between 2022 and 2028, reaching $120 billion. Though seemingly impressive, the insurance industry in Afric
When it comes to transforming business operations, artificial intelligence holds a lot of promise across many industries. Today, a startup that has been an early mover in the area of applying AI, and
Amsterdam-based insurtech startup Insify has completed its Series A funding round with another €10 million ($10.7 million at today’s exchange rate). Overall, the startup has raised €25 million a
Spanish startup Life5 has raised its third funding round and has been growing nicely since my previous post. The company also has a new name — it used to be called Getlife. In addition to its home c
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Insurtech is persisting, stubbornly showing a few signs of life despite the carnage in the public markets.
Obie, a real estate-focused insurance technology company, has raised $25.5 million in a funding round led by Battery Ventures. Since the company’s last raise — a $10.4 million Series A —
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, 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
Axle allows users to connect their insurance account to trusted companies in seconds and then automates insurance verification.
How is the economy affecting insurance purchase decisions? Will this make B2B companies more appealing to VCs than their B2C peers?