Six proposals to modernise Lloyd’s, including setting up two digital platforms, have received widespread backing from market participants following a 10-week consultation.
Belgian insurtech Qover has raised €8m in its latest funding round and will look to continued growth in Europe.
Zego has raised $42m (£33.52m) in a series B funding round led by Target Global, to fund its European expansion.
Maven Capital Partners has invested £750,000 in a disruptive car insurance platform Honcho, to support the business in launching the product nationally.
Exclusive: Tech firm and managing general agent Stubben Edge is seeking growth after a £1.2m raise led by Saracens chairman Nigel Wray and analyst Eamonn Flanagan.
Due diligence and risk management insurtech Reg UK has completed a £2.4m funding round, which it will use to continue to expands its global sales and business development operations.
The annual Insurtech 100 returns; a celebration of the innovation that is rethinking and reshaping the world of insurance as we know it. Matt Connolly, founder and CEO of Tällt Ventures, which has produced the index, outlines the methodology and what has…
Lloyd’s CEO John Neal today launched a 10-week consultation on the future strategy of the insurance market, presenting six proposals that “could form the blueprint for a new Lloyd’s”.
Insurtech Insurdata has secured $3m (£2.29m) in seed funding from a group of investors led by Anthemis and Menlo Ventures.
Exclusive: Insurtech Wrisk has launched a crowdfunding campaign to raise £750,000 as part of a series A round, as it gears up to begin offering car insurance.
A government-backed insurtech centre has been set up in Ireland in a bid to boost the country's start-up scene.
Berlin-based insurtech Wefox Group has raised $125m (£95m) in a series B funding round led by Mubadala Investment Company.
Insurtech Shift has raised $60m (£45.5m) in a series C funding round led by Bessemer Venture Partners.
By Miles has raised £5m in a Series A funding round led by Bought by Many investor, Octopus Ventures.
UK insurtechs saw over $1bn (£780m) of funding in 2018, up from $792m the previous year.
Inshur is eyeing further expansion, having raised $7m (£5.4m) in its Series A funding round, in addition to gaining a $2m credit facility.
Exclusive: Aggregator disruptor Honcho will look to raise more capital through its series A round later this year.
Brightside’s new managing general agent Kitsune takes its name from the Japanese word for fox. The animal is much admired in Japanese folklore for its intelligence and supernatural abilities – characteristics all the insurance companies that announced…
Exclusive: Pay as you go insurtech Zego has inked a deal with venture capitalist Triplepoint that will see it take on debt to fund further expansion.
Insurers will inevitably retain insurance as their core offering. But must act more like venture capitalists and develop innovation cultures to succeed according to Geoff Knott, director, Ninety Consulting
Exclusive: Start-up Iotatech's £1m raise will secure its development and growth over the next two years.
Fraugster, a software company that uses artificial intelligence to prevent fraud for online retailers, has raised $14m in funding as it looks to expand into new markets.
Insurtech Hokodo has raised €1.9m (£1.7m) in a seed round led by fintech and insurtech venture capital investor Anthemis.
Gig economy pay-as-you-go broker Zego is launching in Ireland.