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Tag: insurtech funding


Financial, Risk Management

Embedded Business Insurance Agency Coverdash Raises $13.5 Million

February 29, 2024

Via: Insurance Journal

Coverdash, which offers embedded commercial insurance technology with products for startups and small-to-medium businesses, announced $13.5 million in Series A funding. Coverdash’s technology package allows businesses such as payroll, payment, lending, human relations and website creators the ability to offer […]


InsurTech

New funding for insurtech falls – report

August 4, 2023

Via: Insurance Business

According to the latest Global InsurTech Report from Gallagher Re, new funding for the insurtech sector decreased to $916.71 million in the second quarter of 2023. This represents a decline of 34% from the previous quarter’s total of $1.39 billion. […]


InsurTech

Claims Insurtech Tractable AI Raises $65M in Funding Led by SoftBank

July 18, 2023

Via: Insurance Journal

Tractable, the London-based insurtech that uses artificial intelligence (AI) for visual claims assessments and disaster recovery, announced a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors Insight Partners and Georgian participated in the round. Tractable said […]


InsurTech

Insurtech Thinksurance Raises $24M

June 19, 2023

Via: Insurance Journal

Thinksurance, a Frankfurt, Germany-headquartered insurtech specializing in digital insurance consultations for commercial and industrial clients in Europe, has raised $24 million in new funding. The capital comes from new investors as well as existing shareholders and will enable Thinksurance to […]


InsurTech

Insurtech Funding Up 38% Over Q4 2022: Gallagher Re

May 11, 2023

Via: Insurance Journal

Insurtech funding increased nearly 38% from Q4 2022 to Q1 2023, from about $1 billion to about $1.4 billion, according to a new analysis released by Gallagher Re. The U.S. leads France and the UK as the nation funding the […]


InsurTech

Global insurtech funding on the rise – Gallagher Re

May 5, 2023

Via: Insurance Business

New funding for the global insurtech sector rose to $1.39 billion during the first quarter of 2023, according to a new report from Gallagher Re. That’s up from $1.01 billion in the fourth quarter of 2022, the lowest quarterly total […]


Cyber Risks, Risk Management

‘Real Time’ Cyber Risk Specialist At-Bay Pulls In $185M as Antidote to Insurance Spiral

July 30, 2021

Via: Insurance Journal

At-Bay pulled in a whopping $185 million in new financing that the cyber insurance startup plans to use for new product development, expansion into new markets and hiring more employees. Including the new round, the managing general underwriter said it […]


InsurTech

Nationwide Invests in Certificate of Insurance Startup Certificial

June 10, 2021

Via: Insurance Journal

Insurer Nationwide has invested in an early-stage funding round for Certificial, an insurtech with a platform that issues real-time certificates of insurance and simplifies compliance management. Certificial’s $5.8 million Series A funding round also included lead investor IA Capital, a […]


InsurTech

Insurtech Funding News: $118M for Pie; $30M for Snapsheet

March 26, 2021

Via: Insurance Journal

There have been two notable funding rounds by insurtechs this week. Workers’ compensation provider Pie Insurance has raised $118 million in new funding, including financing from Allianz and others. Snapsheet, a claims management platform insurtech, raised $30 million in new […]