Insurepal closes its ICO on its $18m hard cap

P2P insurance platform Insurepal has closed its ICO on its $18m hard cap, within just two days.

Insurance Technologies Corporation closes deal from Accel-KKR

Insurance Technologies Corporation, a website and agency marketing software developer, has closed a majority investment from Accel-KKR.

Fabric collects $10m in Series A led by Bessemer

Life insurance platform Fabric has collected $10m in its Series A funding round led by Bessemer Venture Partenrs.

Hokodo bags €1.9m in round led by Anthemis

Hokodo, an insurance and finance API developer, has raised €1.9m in a seed round led by Anthemis.

MAPFRE invests €25m in Mundi Ventures InsurTech fund

Global insurance group MAPFRE has become the anchor investor in Mundi Ventures’ Alma Mundi Insurtech Fund, FCRE after committing €25m. The venture fund will focus...

TicketGuardian closes Series A round on $8m

TicketGuardian, an InsurTech startup protecting the events industry, has nabbed $8m in its Series A round of funding.

Porsche partners with Mile Auto for pay-per-mile insurance

Porsche Financial Services, the leasing and financing provider of Porsche products, has partnered with Mile Auto for pay-per-mile insurance cover.

Singapore Life moves into payments with Yolopay acquisition

Life insurance company Singapore Life has acquired Yolopay, supporting its move into the prepaid card sector.

CXA bags $25m in its latest funding round

Asia-based health, wealth and wellness service provider CXA Group has secured $25m in its new funding round.

Zego partners with WeFlex to improve insurance for fleet drivers

On-demand InsurTech platform Zego has partnered with WeFlex to offer its fleet of cars an insurance policy which is driven by real-time data.

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.

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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