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Tag: insurtech 2022


InsurTech

UK Insurtech, Send Technology, Raises £9 Million to Expand in UK and U.S.

November 16, 2022

Via: Insurance Journal

Send Technology Solutions Ltd., the London-based insurtech, announced it has closed a Series A funding investment of £9 million ($10.7 million). The round was led by Venture Capital firm Breega with participation from Mercia and will enable Send to accelerate […]


InsurTech

Insurtech Accelerant Launches $175M Sidecar Investment Vehicle Flywheel Re

August 31, 2022

Via: Insurance Journal

Accelerant, an insurtech platform that aims to provide underwriters with risk exchange, data analytics and long-term capacity commitments, announced a new $175 million sidecar vehicle, Flywheel Re. Flywheel will provide multi-year risk capital to Accelerant and its team of underwriting-led […]


InsurTech

Global Insurtech Investment Down 50% in Q2: Gallagher Re

August 4, 2022

Via: Insurance Journal

Global investment in insurance technology firms totalled $2.41 billion in the second quarter, down 50% from a year earlier, as investors grew nervous about frothy valuations, broker Gallagher Re said in a report on Thursday. Insurtech firms make up around […]


InsurTech

Greenlight Re Invests in Insurtech That Provides Security Deposit Replacement Insurance

June 1, 2022

Via: Insurance Journal

Greenlight Re Innovations (GRI), a Cayman Islands-based subsidiary of Greenlight Capital Re Ltd., has announced an investment in Garentii GmbH, a security deposit replacement insurance MGA and platform in Germany. Garentii, a Munich-headquartered insurtech, provides an insurance-based alternative, offering security […]


InsurTech

Insurtech Reask Gets Funding to Deliver Next-Generation Natural Disaster Modeling

January 20, 2022

Via: Insurance Journal

Insurtech Reask, an Australian science and technology company that focuses on natural hazard modeling, announced it has closed its seed funding round, led by Tencent, the global technology giant headquartered in China. The funding will support the next stage of […]


Cyber Risks, InsurTech, Risk Management

UK Cyber Insurtech KYND Receives £3.25 Million Investment from BGF

January 13, 2022

Via: Insurance Journal

KYND, the London-based provider of cyber risk management solutions for the insurance industry, announced a £3.25 million ($4.4 million) investment from BGF, a growth capital investor. The insurtech will use the investment to accelerate its growth and global expansion plans, […]