Policygenius unveils new app to help time-strapped customers create wills and buy insurance

Insurance marketplace Policygenius has launched a mobile app that enables consumers to create wills and trusts as well as shopping for life and home insurance on their smartphones.

PasarPolis bags $54m in Series B round

Indonesian InsurTech innovator PasarPolis has secured another $54m in a funding round to improve its AI-based claim automation platform and into its onboarding platform for agents.

UpGuard locks down $17m for cybersecurity insurance

Australian insurance firm IAG has invested in Sydney-founded cybersecurity firm UpGuard’s $17m Series B round.

BoughtByMany grabs £7.5m for group-powered insurance

London-based insurtech startup BoughtByMany has raised £7.5m in a Series A round. Octopus Ventures led the investment.

InsurTech platform Sure pulls in $8m for Series A founding round

InsurTech startup Sure has received $8m for its Series A funding found, led by IA Capital.

InsurTech platform Boost Insurance closes $3m funding round

New York-based InsurTech platform Boost Insurance has closed a $3m funding round led by Norwest Venture Partners.

Canopy receives another round of equity following recent £1.6m round

UK-based Canopy has received further funding round, with Round Hill Capital supplying an undisclosed amount.

Inzura closes $1m investment to support international growth

UK-based InsurTech platform Inzura has closed a $1m investment to support its international growth.

Insurance broker Coverfox said to raise $22m in Series C led by IFC

Insurance broker company Coverfox has reportedly bagged a $22m Series C round led by International Finance Corporation (IFC).

Maritime insurance data platform Windward bags $16.5m Series C

Windward, a risk analytics platform for the marine insurance industry, has collected $16.5m in its Series C funding round.

News Stories

POS lending solution Affirm closes $500m Series G

Affirm, a buy now and pay later solution, has closed its Series G round on $500m.
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Solving the challenge of creating a customer-centric business model – Kidbrooke demo

A recent survey from PWC found that 61% of bankers believe customer-centric business models are very important, and yet only 17% of them are “very prepared” for it. Kidbrooke has released a new demo highlighting the problem in the market.

Over 60% of InsurTechs and insurers are keen to work with BigTech companies

Over 60% of InsurTechs and insurers are looking to collaborate with BigTechs, as they look to keep up with changing customer demands, a new report claims.

Good services is more important to policyholders than pricing

New research claims the key to driving long-term relationships in home insurance is less about pricing and more about great services and reputation.

TCARE closes $3m in round led by SixThirty Ventures

TCARE, which claims to be the only evidence-based, CMS 1115 approved and accredited family caregiver support platform, has netted $3m in funding.

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