UK insurtech raises millions in latest funding round despite investment into the sector drying up
UK-based insurtech Stubben Edge Group has secured an additional £5.6m in investment despite GlobalData findings showing that total investment into…
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Pie aims to turn full-stack insurer with $315m funding
Pie Insurance, an insurtech focused on small businesses, has raked in $315m via a Series D funding round, nearly doubling…
Insurtech PolicyMe eyes more offerings with $13.52m funding
Canadian digital life insurance solution PolicyMe has secured $13.52m (C$18m) in equity and debt funding in a Series A round,…
Insurtech Federato eyes expansion after $15m raise
Federato, a US-based provider of a “RiskOps” platform for property & casualty and specialty insurance, has secured $15m in a…
Bamboo secures $16m in Series A funding
Bamboo Ide8 Insurance Services, a US-based insurer, has raked in $16m in the first close of its Series A investment…
Embedded insurance continues to attract interest with Airbnb launching travel insurance for its guests
Popular sharing economy companies remain popular among consumers according to GlobalData’s latest survey findings. Now they are playing an important…
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Property insurer Hippo lays off 10% of staff
American property insurance company Hippo Holdings has laid off about 70 employees, which represents or 10% of its overall workforce,…
Brand recognition will help Urban Jungle move into motor insurance as flexible policies are topical
UK household insurtech Urban Jungle has entered the motor insurance space. GlobalData findings show that as one of the better-known…
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