Tag : Insurtech

Obie Raises $25 Million in Series B Funding Round to Expand Innovative Embedded Insurance Technology
InsurTech News

Obie Raises $25 Million in Series B Funding Round to Expand Innovative Embedded Insurance Technology

Business Wire
by Business Wire0
In a sign of momentum, Obie secures a second round of funding, showing investor confidence in embedded insurance solutions for real estate investors Obie, an industry-leading insurtech startup, announced that it has raised $25.5 million in a Series B funding round led by Battery Ventures, with participation from Brick and......
wefox Secures $110m With $55m Credit Facility From J.P. Morgan and Barclays
InsurTech News

wefox Secures $110m With $55 Million Credit Facility From J.P. Morgan and Barclays

Business Wire
by Business Wire0
wefox raises a total of US$110m J.P. Morgan and Barclays provides $55m in a revolving credit facility Additional $55m in equity was raised from existing and new investors as a second closing of the Series D from new and existing investors at $4.5bn valuation New funding underlines strength of wefox......
Business Digital Featured Fintech Fintech Primers

Best 6 Fintech Startups Transforming Business In 2023

Pooja Choudhary
by Pooja Choudhary0
“Huge.” “Surging.” “Very hot.” Those were just a couple of the terms financial news outlets used to describe the fintech market in 2023. If you’ve ever made a Venmo payment or used a robo-advisor for investing, you’re already somewhat familiar with the fintech and how it works. Summary Introduction The......
Federal Life Partners with Swiss Re and Leading Insurtech Company to Bring a New Digital-First Insurance Solution to Market
InsurTech News

Federal Life Partners with Swiss Re and Leading Insurtech Company to Bring a New Digital-First Insurance Solution to Market

GlobeNewswire
by GlobeNewswire0
The LifeStage product reflects Federal Life’s commitment to innovating in the later life insurance sector Federal Life Insurance Company has partnered with global reinsurer Swiss Re and Reframe Financial, a leading insurtech company, to offer “Reframe LifeStage” – a new kind of insurance plan designed for millennial and Gen X employees that provides a......
Capitola Secures $15.6 Million in Series A Funding Round Led by Munich Re Ventures
InsurTech News

Capitola Secures $15.6 Million in Series A Funding Round Led by Munich Re Ventures

Business Wire
by Business Wire0
New Capital Will Be Invested in Further Development of Technology for Retail and Commercial Insurance Brokers Capitola, the digital marketplace for commercial insurance that connects brokers and carriers and uses AI-based risk appetite matching to streamline the placement process, announced it has raised $15.6 million in its Series A funding......
Atomic Named To Guidewire Insurtech Vanguards Program
InsurTech News

Atomic Named To Guidewire Insurtech Vanguards Program

Business Wire
by Business Wire0
Atomic, a market-leading provider for payroll connectivity, announced that the company has joined Guidewire’s Insurtech Vanguards program, an initiative led by property and casualty (P&C) cloud platform provider, Guidewire , to help insurers learn about the newest insurtech firms and how to best leverage them. Latest Fintech Interview: Global Fintech......
The Rapid Connection Age of Insurance IT
Guest Posts InsurTech

The Rapid Connection Age of Insurance IT

George Ravich
by George Ravich0
Over the last decade, consumer demands for frictionless, digital transactions have permeated every kind of purchase, so much so that the insurance industry can no longer turn away from it. Most customers expect to be able to purchase insurance policies easily, make payments or changes, or submit a claim within......
Prudential, Vitality Global Expand Partnership in Latin America
InsurTech News

Prudential, Vitality Global Expand Partnership in Latin America

Business Wire
by Business Wire0
Building on success in Argentina and Brazil, Prudential Financial and Vitality Global are making holistic wellness achievable for more Latin Americans Prudential Financial, Inc. and Vitality Global, a leading health and well-being company offering smart InsurTech with the goal to build a healthier world, have entered a 10-year, expanded partnership.......
Altai Ventures Launches Differentiated Fund to Help InsurTech and FinTech Founders Reinvent Financial Services
Fintech InsurTech News

Altai Ventures Launches Differentiated Fund to Help InsurTech and FinTech Founders Reinvent Financial Services

PR Newswire
by PR Newswire0
“Oversubscribed Altai Ventures Fund II, LP Exceeds Target with $53M in Total Commitments from Leading Financial and Institutional Limited Partners” Altai Ventures (“Altai”), an early-stage venture capital firm, announced the closing of Altai Ventures Fund II, LP (“Altai II” or the “Fund”). The fund closed with $53 million in total commitments surpassing its goal......
Insuretech
Featured Fintech Primers InsurTech

What is Insurtech?

Pooja Choudhary
by Pooja Choudhary0
Insurtech is the era of new technologies that are continuously transforming the insurance industry, minimizing costs for its clients and insurance companies, thereby improving efficiency, and providing its customer with a new level of satisfaction.  Understanding Insurtech    Insurtech is built on the belief that the insurance industry is mature for......
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