Snapsheet forms strategic partnership with reinsurance firm SCOR

Digital claims management software developer Snapsheet has established a strategic partnership with tier one reinsurance firm SCOR.

Snapsheet nabs $20m to help insurers

Auto insurance software maker Snapsheet has raised $20m in a Series C round led by F-Prime Capital and IA Capital Group.

Groundspeed Analytics nabs $2m for insurance data platform

Insurance data and machine learning platform Groundspeed Analytics has closed a $2m Series A round. InsurTech and FinTech investor ManchesterStory led the round.

InsurTech app Cover closes Series A led by Social Capital

Insurance mobile app Cover has closed its Series A funding round, which brings total investments into the company to $11m.

Pie Insurance nabs $4.3m in seed funding round

Washington DC-based Worker compensation insurance business Pie Insurance has raised a $4.3m seed funding round.

Lloyd’s selects REG to reduce administrative burden of coverholder compliance

REG, an online due diligence and regulatory compliance platform, has been selected by insurance giant Lloyd’s to assist in recording data and to help reduce the administrative burden on UK coverholders.

Tomorrow raises up to $5.9m in latest funding round

Seattle-based personal finance and insurance platform Tomorrow Ideas has raised up to $5.9m in its latest funding round.

Insightin Health scores $2m in seed round led by Health Catalyst

Insightin Health, an AI-powered customer relationship manager for health plans, has raised $2m in its seed round.

Spruce raises $15.6m in latest round of venture funding

Title insurance platform Spruce Holdings has raised $15.6m in its latest venture growth round.

Ping An launches new service in Hong Kong

China-based insurance giant Ping An has launched a blockchain-based international trade finance platform in Hong Kong.

News Stories

Santander UK and NatWest back RegTech Ideagen in £100m round

Regulatory and compliance software provider for regulated industries Ideagen secured £100m through a new committed credit facility of £75m, with a further uncommitted of up to £25m.

POS terminal transaction volume to exceed $17.3trn by 2026

The total value of transactions processed by POS terminals will grow by 28% to exceed $17.3trn by 2026.

HKMA underlines next steps in Open API Framework introduction

The Hong Kong Monetary Authority (HKMA) has revealed its implementation plan for the third and fourth phases of its Open API Framework.

Leading US banks to pilot low credit score credit scheme

Some of the biggest US banks have signed up for a government-supported pilot program aimed at using alternative data to provide credit for people with low or no credit score.

InsurTech Wrisk lands £4.6m in Series A funding to scale its insurance product

UK InsurTech Wrisk raised a £4.6m investment round led by QBN Capital and aims to build frictionless, mobile-first insurance experiences.

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