Urban Jungle raises £16.5m to scale UK home insurance business
British insurtech Urban Jungle has secured £16.5m in a Series A investment round led by Intact Ventures. Ingka Group also joined the latest funding round, taking…
Satarupa Bhowmik
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Ondo goes public with room for growth in home insurance incorporating water leak detection
Insurers have been slow to incorporate smart home devices into home insurance policies despite their ability to reduce the…
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By Miles eyes expansion as conditions are perfect for pay-per-mile insurance
UK-based pay-per-mile insurer By Miles is set to expand into Europe as it looks to make the most of…
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MetLife will be the worst hit life insurer in Ukraine owing to the ongoing political unrest
The full impact of the Russia-Ukraine war on insurers will not be known for some time, however, it is…
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Russia’s Ingosstrakh will begin to feel the strain as it loses Generali and Western pressures mount
Generali has given up its seats on the board of Ingosstrakh, a leading Russian general insurer in which it…
ByBusinesses increase the level of mental and physical wellbeing support to employees as awareness of both remains high
COVID-19 has brought a fundamental change, encouraging businesses to put more effort than ever into improving the wellbeing support…
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Four insurtech trends to look for in 2022
Insurtech is a booming market, generating record levels of investment as funding surpassed $15m in the third quarter of…
Amex Ventures bets on US insurtech Trellis
American insurance technology platform Trellis, which wants to make switching insurance providers easier, has secured an investment from Amex…
Insurtech Cachet secures €5.5m funding to expand operations in Europe
Estonia-based insurance technology startup Cachet has secured €5.5m in funding round led by France-based Truffle Capital, to expand its…
Indonesian insurtech company Qoala scoops $65m funding
Indonesian insurtech startup Qoala has garnered an investment of $65m in its Series B funding round led by French…
CoverGo garners $15m funding in Series A round
Insurtech platform CoverGo has raised $15m in its Series A funding round to expand the adoption of its no-code…
BIBA, Coverdrone introduce insurance cover for drone operators
UK’s general insurance intermediary organisation British Insurance Brokers’ Association (BIBA) has joined forced with drone insurance firm Coverdrone to…
Australia’s AUB agrees to buy insurance broker Tysers for $620m
Australian insurance broker AUB Group has agreed to acquire London-based Lloyd’s wholesale insurer broker Tysers in a deal worth…
Insurtech startup ennabl partners with insurance data innovator Fenris
Insurtech startup Ennabl has teamed up with Fenris Digital, an insurance data innovator, to help insurance brokers and agents…
Professional Program Insurance Brokerage buys Jones Birdsong’ assets
Professional Program Insurance Brokerage (PPIB) has purchased the assets of brokerage firm Jones Birdsong for an undisclosed sum. Founded…