Peer-to-peer InsurTech startup Lemonade grabs funding

Peer-to-peer insurance company Lemonade has raised a new round of funding from XL Innovate, the venture capital arm of insurance firm XL Catlin. The size of the round is undisclosed.

InsurTech startup By Miles is launching a connected car insurance policy for Tesla owners

From ThingCo to Direct Line, there is no shortage of firms offering creative new ways of offering car insurance to customers.

Root Insurance joins FinTech unicorn club, following $100m Series D

Online auto insurance platform Root Insurance has raised $100m in its Series D round, just months after it closed its Series C on $51m.

Ping An said to be eyeing IPO of OneConnect

China-based insurance giant Ping An is reportedly looking to launch an initial public offering for its OneConnect solution at a potential valuation of $8bn. OneConnect...

State Auto Labs backs Matterport to support its growth in the insurance market

Matterport, a real estate 3D and virtual reality imaging developer, has secured an investment from newly launched InsurTech vehicle, State Auto Labs Fund.

Simplesurance lands Rakuten backing as funding passes €30m

Japanese web giant Rakuten is making another European investment through its $100m FinTech fund backing insurance e-commerce startup Simplesurance.

Hippo Insurance raises $100m in Series D

Hippo, an online supplier of home insurance policies, has raised $100m in its Series D funding round.

Shift Technology joins Guidewire PartnerConnect as solution provider

AI-powered fraud detection and claims automation company Shift Technology has joined the Guidewire PartnerConnect as a solution provider.

Automation software developer Decisions pulls in $40m from Aldrich Capital

No-code business rule and process automation platform Decisions has pulled in $40m in funding from Aldrich Capital.

QBE extends partnership with Cytora to boost data-driven capabilities

Insurance company QBE has expanded its relationship with Cytora in a bid to boost its data-driven business insurance capabilities.

News Stories

LANDRY et associés acquires e-commerce security platform NexuWeb

LANDRY et associés, a risk and performance consultant, has acquired e-commerce security and development solution NexuWeb.

Plum reveals five million customer target in new interview

Finance app Plum is bullish about its ability to attract five million people to its services.

Before you worry about new PRIIP rule changes you should ensure your house is...

The EU might be gearing up to change some of the rules regulating retail and insurance-based investment products (PRIIP), but MirrorWeb warns that financial firms should worry more about the rules already in place.

Europol, European Central Bank and group of financial infrastructures team up to boost cybersecurity...

Europol, the European Central Bank and a group of Europe’s leading financial infrastructures to share cybersecurity threat information to safeguard consumers.

Revolut signs deal with LegalTech startup Sparqa Legal

Hot on the heels of announcing its new $5.5bn valuation, Revolut is now aiming to take a bite out of the legal services market with a new deal.