Majesco, a cloud insurance platform software developer, has formed two new partnerships to expand its EcoExchange marketplace.
Despite the troubled global situation, the InsurTech sector managed to continue its yearly growth and hit a new record for annual investment volume.
The global InsurTech industry is expected to be worth $16.8bn by 2025 months after the sector enjoyed its best year yet.
InsurTech Koffie Labs has netted $4.5m in a venture financing round to fund the reinvention of the trucking and transportation insurance market.
InsurTech company Greater Than is deepening its collaboration with Zurich through an agreement with Onto, the UK's largest all-inclusive electric car subscription service.
Earnix, which has built an AI-powered pricing and product personalisation platform for insurance and banking, has reached the highly coveted unicorn status.
Circulo, a new Medicaid Manage Care insurance platform, has lunched with the support of a $50m funding round.
Flueid, a developer of mortgage digitalisation technology, has closed its Series A round, as it looks to fuel its expansion to meet rising demand from customers.
Digital financial institution Rising Bank has expanded into the mortgage sector by offering financial solutions through its digital platform to aid homeowners with home loan options.
Texas-based health insurance platform KindHealth has bagged $4m in its latest funding round, which help it continue its growth during 2021.