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Insurtech Cytora secures £25m Series B for AI-powered commercial underwriting solution

London, UK17-04-2019Insurance news, Reinsurance News, Technology News

UK-based insurtech Cytora, a provider of AI-powered solutions for the commercial insurance industry, has raised £25 million funding to expand its product suite and scale into new geographies.

SCOR bolsters global P&C ventures with new appointments

Europe, London, North America16-04-2019Insurance news, Reinsurance News, Technology News

French reinsurer SCOR has expanded its SCOR Global P&C ventures team that forms partnerships with entrepreneurs and innovators to develop new technology-driven insurance and risk management solutions.

SoFi grows insurance portfolio with AI driven Lemonade and mobile data insurer Root

Global, North America16-04-2019Insurance news, Technology News

SoFi, the online financial services provider, has partnered with AI powered-insurer Lemonade and smartphone and data science auto insurer Root to expand its insurance portfolio.

Insurtech start-up Insurdata raises $3m in seed funding

London, UK15-04-2019Insurance news, Reinsurance News, Technology News

Insurdata, an insurtech firm which intelligently creates, enhances, scores and transfers high resolution, peril-specific exposure and risk data, has secured $3 million from a group of investors led by Anthemis and Menlo Ventures.

Lemonade raises $300m funding to fuel expansion; SoftBank, Allianz, Google Ventures among investors

Europe, North America12-04-2019Insurance news, Technology News

AI-powered insurtech company Lemonade has secured $300 million in Series D funding round led by Japanese conglomerate SoftBank Group, with participation from Allianz, General Catalyst, GV (Google Ventures - the venture capital investment arm of Alphabet), OurCrowd, and Thrive Capital.

Google's AI venture fund leads $3.85m investment in insurtech start-up Flyreel

North America12-04-2019Insurance news, Technology News

US-based insurtech start-up Flyreel, a provider of artificial intelligence-powered underwriting solution for commercial and residential insurers, has secured $3.85 million in funding led by Gradient Ventures, Google’s AI-focused venture fund.

Aon uses artificial intelligence to extract critical data insights from historical documents

Global11-04-2019Insurance news, Reinsurance News, Technology News

Re/insurance broker Aon has partnered with US-based insurtech Groundspeed to extract critical data insights from its unstructured documents using artificial intelligence (AI) technology.

Zurich, CoverWallet expand SME insurance platform in Europe following "exceptional results"

Europe, Switzerland11-04-2019Insurance news, Technology News

Zurich Insurance Group and insurtech start-up CoverWallet have expanded their insurance platform for small and medium-enterprise (SMEs) to Switzerland — the second European country after Spain to implement the innovative model.

Cyber MGA Bewica launches broker portal, API platform targeting SMEs

UK10-04-2019Insurance news, Technology News

Bewica, a managing general agent (MGA) and Lloyd’s coverholder specialising in cyber risk, has launched a new platform targeting brokers and intermediaries that provides cyber risk assessment and reporting tools for SMEs.

HDI leads €12m funding round in Germany's IoT, blockchain start-up Next Big Thing

Europe, Germany10-04-2019Insurance news, Technology News

Berlin-based Next Big Thing (NBT), a startup incubator for the internet of things (IoT) services and blockchain technology, has raised €12 million in funding led by Talanx group's industrial insurer HDI Global.

Showing 1 to 10 of 1141 results

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