Lloyd’s to develop insurance for electric vehicles to fight climate change
Lloyd's of London has announced plans to develop insurance products for electric vehicles as part of its efforts to achieve…
Month: July 2021
FRISS raises $65m in Series B round to tackle insurance fraud
FRISS, a fraud detection specialist for property and casualty insurance carriers, has closed a $65m Series B funding round. The…
Spot raises $17.5m for injury insurance offering
US-based insurtech Spot, which offers on-demand injury insurance, has raised $17.5m in funding, which includes $15m in equity and $2.5m…
Markel UK teams up with insurtech platform Cytora
Markel UK has teamed up with Cytora, an AI-powered insurtech platform, to streamline its risk intake across the UK property…
Insurance industry M&A deals total $4bn globally in June 2021
Total insurance industry M&A deals worth $4bn were announced globally in June 2021, led by AIALimited’s $1.86bn acquisition of 24.99%…
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Wingsure unveils mobile insurance app for small farmers
Wingsure, a spinout insurtech venture of SRI International, has developed a mobile app to offer bespoke insurance products to small…
Insurtech Agentero raises $13.5m in latest funding round
Digital insurance network Agentero has raised $13.5m in Series A funding round led by Alma Mundi Ventures. The insurtech’s existing…
reThought raises $15.5m to augment flood underwriting capabilities
Flood specialist reThought Insurance has secured $15.5m in series A round of funding round led by Telstra Ventures. The round…