Search Results for: insurtech investment

Digital Fintech Investments News

First Insurtech Investment By Augmentum

Fintech Staff Writer
by Fintech Staff Writer0
With capacity provision from Zurich, Baobab uses a novel approach to underwriting, pricing and risk mitigation in providing cyber insurance for SMEs, and works with cyber security providers to prevent breaches for its insured customers.Augmentum’s fintech portfolio now comprises 25 private companies including the likes of Tide, Zopa and Anyfin......
Leading Insurtech Quility Announces Significant Investment from F&G
InsurTech News

Leading Insurtech Quility Announces Significant Investment from F&G

PR Newswire
by PR Newswire0
F&G’s investment will expedite Quility’s advancement of its proprietary insurance technology and automation platforms, as well as its products Quility, a leading insurtech company, announced a significant investment from F&G Annuities & Life, Inc. (“F&G”) for a minority stake in Quility. F&G is a leading provider of insurance solutions serving......
Integrity Announces Strategic Investment From Silver Lake to Accelerate Growth As Omnichannel Insurtech Leader
Fintech InsurTech News

Integrity Announces Strategic Investment From Silver Lake to Accelerate Growth As Omnichannel Insurtech Leader

Fintech News Desk
by Fintech News Desk0
Transformational partnership with Silver Lake will expand Integrity’s offering of life, health and wealth solutions into the future and help more Americans prepare for the good days ahead Integrity Marketing Group, LLC (“Integrity” or “Company”), an omnichannel insurtech leader in life, health and wealth solutions, announced a new strategic investment......
Insurtech Platform Ripe Announces Majority Investment from Aquiline Capital Partners LLC
Fintech InsurTech Investments News

Insurtech Platform Ripe Announces Majority Investment from Aquiline Capital Partners LLC

Fintech News Desk
by Fintech News Desk0
Ripe Thinking Limited (“Ripe”), a UK-based digital underwriting and insurance distribution platform, is pleased to announce that it has entered into a definitive agreement for Aquiline Capital Partners LLC (“Aquiline”) to acquire a majority stake in the company. Aquiline is a private investment firm based in New York and London with $6.9 billion in assets under management,......
InsurTech Leader Ethos Secures $200 Million Investment Round; Valuation Exceeds $2 Billion
InsurTech Investments News

InsurTech Leader Ethos Secures $200 Million Investment Round; Valuation Exceeds $2 Billion

Fintech News Desk
by Fintech News Desk0
Company surpasses competitors, will provide $20B in coverage this year Ethos, the InsurTech leader that is transforming the life insurance space, today announced it has raised a $200M Series D investment round, boosting its valuation to $2B in just a few years since launch. Revenue and users have each grown by more than 500......
Mercato Partners' Prelude Venture Fund Leads $3M Early-Stage Investment in GloveBox to Accelerate Growth of Its Mobile Insurtech Marketplace
InsurTech Investments News

Mercato Partners’ Prelude Venture Fund Leads $3M Early-Stage Investment in GloveBox to Accelerate Growth of Its Mobile Insurtech Marketplace

Fintech News Desk
by Fintech News Desk0
Additional participants in the round include Heffernan Insurance Brokers and other industry veterans Prelude, the venture fund at Mercato Partners, announced leading a $3 million early investment round for GloveBox, an innovator in the mobile insurtech marketplace. Additional participants in the round include Heffernan Insurance Brokers, a top 20 agency out......
Insurtech Pier Receives an Investment of US$ 14.5 million
Artificial Intelligence Fintech InsurTech News

Insurtech Pier Receives an Investment of US$ 14.5 million

Fintech News Desk
by Fintech News Desk0
Pier, leader in full-stack insurance in Latin America, has recently received a US$ 14.5 million Series A investment led by monashees — pioneer venture capital fund in Latin America, leader in unicorn creation — and with the participation of Canary, Mercado Livre and BTG Pactual. The startup, which adopts artificial intelligence to bring a......
Majority of banks and insurers struggle to maximize the value from their cloud investments
Cloud Finance Fintech Investments News

Majority of banks and insurers struggle to maximize the value from their cloud investments

GlobeNewswire
by GlobeNewswire0
Majority of banks and insurers struggle to maximize the value from their cloud investments Less than 40% of financial services executives say they are highly satisfied with their cloud outcomes Most banks and insurers adopt cloud solutions with the primary objective to drive operational efficiency (84%) Protecting customer data and......
Indico Data Closes $19M Funding Round and Secures Strategic Investment from P&C Software Platform Leader Guidewire
Investment Services News

Indico Data Closes $19M Funding Round and Secures Strategic Investment from P&C Software Platform Leader Guidewire

PR Newswire
by PR Newswire0
Guidewire partnership also includes the future launch of the Ready for Guidewire validated Indico accelerator, which will enable insurers to automatically ingest unstructured submission data into PolicyCenter, drastically improving decision-making in the underwriting process Indico Data, the industry’s leading solution for the automating of critical intake workflows across the policy......
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The Impact of Blockchain on Modern InsurTech

Prajakta Ayade
by Prajakta Ayade0
The insurance industry, while financially robust, is often criticized for its slow and paper-centric processes, lack of transparency, and vulnerability to fraud. InsurTech, the marriage of insurance and technology, has emerged to address these concerns by leveraging digital solutions. However, a new wave of innovation is on the horizon, driven......
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