Tag Resultaten

Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 34088739 | Tags:



































Insurtech startup QuoteWell comes out of stealth, raises $15m Series A funding round
Published: 25-10-2023 | 12:00:00 | By: Pie Kamau
QuoteWell has announced the launch of its brokerage operations.


Dublin-based Kota raises €5m to enable employers to cover employees’ benefits
Published: 25-10-2023 | 10:15:00 | By: Pie Kamau
Kota, an all-in-one platform to automate insurance, has raised €5m seed round.


German insurtech Getsafe acquires French startup Luko to expand its European presence
Published: 17-10-2023 | 13:09:09 | By: Pie Kamau
Getsafe has entered into an agreement to acquire French insurtech Luko.


Mobility startup Treepz launches insurance program for car rentals in Africa
Published: 13-10-2023 | 15:32:01 | By: Pie Kamau
Treepz is introducing an insurance program for car rentals in Africa.


French insurtech startup Orus raises €11m funding to expand its services in Europe
Published: 11-10-2023 | 11:43:00 | By: Pie Kamau
French insurtech startup Orus has raised €11 million in Series A funding.


Insurtech startup Allium secures $750k funding to revolutionize insurance data analytics
Published: 04-10-2023 | 13:39:00 | By: Pie Kamau
Allium Data announced the close of $750k pre-seed funding round.


Kayna insurtech raises €1m to revolutionize small business insurance
Published: 21-09-2023 | 12:56:00 | By: Pie Kamau
Kayna insurtech has closed a €1m pre-seed funding round.


Kenyan insurtech startup Turaco acquires Ghana’s MicroEnsure
Published: 20-09-2023 | 12:57:00 | By: Pie Kamau
Turaco, the Kenyan insurtech startup, has acquired MicroEnsure Ghana from MIC Global.


[Introducing Vouch Horizon] A new approach to insurance for scale-stage startups
Published: 01-09-2023 | 10:47:00 | By: Pie Kamau
Vouch, a pioneer in business insurance for VC-backed startups, unveils Vouch Horizon.


Irys Insurtech closes $3.5m seed round to take on legacy competitors
Published: 25-08-2023 | 11:27:00 | By: Pie Kamau
Irys Insurtech has closed a seed funding round of $3.5 million.


Medicare startup MyPlanAdvocate acquires Eversurance to grow the health insurance market
Published: 17-08-2023 | 13:02:00 | By: Pie Kamau
MyPlanAdvocate (MPA), has announced the acquisition of Eversurance.


Berlin-based insurtech startup SureIn closes €4m designed for Europe's SMBs
Published: 15-08-2023 | 11:00:00 | By: Pie Kamau
Berlin-based insurtech startup SureIn has closed a €4 million Seed round.


Functional Finance raises $8m to expand operational efficiency for the insurance industry
Published: 07-08-2023 | 14:45:00 | By: Pie Kamau
Insurtech startup Functional Finance secures $8m in seed capital.


1Fort raises $2m to automate and simplify cyber insurance for businesses
Published: 28-06-2023 | 10:16:00 | By: Pie Kamau
1Fort has completed a successful $2 million pre-seed round financing.


Federato raises $25m Series B funding to continue catalyzing insurance's "AI moment"
Published: 27-06-2023 | 18:03:00 | By: Pie Kamau
Federato has raised $25 million in Series B funding led by Caffeinated Capital.


Chatbots with fraud detection software are revolutionizing underwriting, Plug and Play
Published: 14-06-2023 | 16:38:00 | By: Pie Kamau
Chatbots are dramatically reshaping the insurance industry.


Web3 and the rise of the digital asset investor, Plug and Play
Published: 07-06-2023 | 15:23:00 | By: Pie Kamau
Web3 is a more decentralized system for sharing data and managing digital assets.


Travel insurtech startup Faye lands $10m Series A funding
Published: 26-05-2023 | 10:48:00 | By: Pie Kamau
Travel insurance startup Faye, announced it has raised $10 million in Series A funding.


Insurtech startup Turaco and Airtel Money launch low-cost hospital cash insurance product in Uganda
Published: 23-03-2023 | 12:06:00 | By: Pie Kamau
Kenyan and Ugandan insurtech startup Turaco, has partnered with Airtel Mobile and Prudential Assurance to launch a low-cost hospital cash insurance product with Funeral Benefit. 


Autonomous vehicles affect the future of insurance, Plug and Play
Published: 02-03-2023 | 10:46:00 | By: Pie Kamau
With self-driving technology becoming increasingly available and popular, more and more people are opting to ditch their own cars and ride aboard autonomous vehicles instead.


Hong Kong insurtech startup Bowtie appoints James Lau as Independent Non-Executive Director
Published: 02-03-2023 | 09:58:00 | By: Pie Kamau
Bowtie, Hong Kong’s first virtual insurer, announced the appointment of James Lau to its Board of Directors as an Independent Non-Executive Director.


Hong Kong insurtech startup Bowtie revolutionalizes traditional insurance industry with technology
Published: 28-02-2023 | 12:44:00 | By: Pie Kamau
In today’s digital age, many industries have begun to introduce emerging technologies to develop innovative services. The transformation and upgrading of the insurance industry is also in full swing.


IFC, DEG, Hollard, and Yellowwoods invest in South African insurtech startup Naked to boost insurance accessibility
Published: 17-02-2023 | 09:54:00 | By: Pie Kamau
IFC, the German Development Finance Institution (DEG), Hollard, and Yellowwoods, jointly announced an investment in South African insurtech company Naked to expand access to insurance products.


Insurtech startup Lami joins forces with Unchorlight to provide insurance covers for Boda Boda riders in Kenya
Published: 17-02-2023 | 07:59:18 | By: Pie Kamau
Digital insurance provider Lami Technologies is partnering with Unchorlight Kenya (UNK), to provide boda boda riders in the country with access to suitable and reliable insurance covers. 


Insurtech startup OpenEyes emerges from stealth with $23m Series A funding
Published: 15-02-2023 | 14:14:00 | By: Pie Kamau
OpenEyes, an insurtech company serving commercial automotive fleets, today emerged from stealth with $18 million in Series A funding led by global software investor Insight Partners and Pitango First.


RIMAC Seguros joins Plug and Play's health platform in Silicon Valley
Published: 25-01-2023 | 10:45:00 | By: Pie Kamau
RIMAC Seguros, an insurance company in Peru with 3 million customers, has entered into a strategic partnership with Plug and Play Tech Center, the world's corporate innovation platform based in Silicon Valley.


Business-focused insurtech Coverdash announces launch after oversubscribed seed round
Published: 24-01-2023 | 12:37:00 | By: Pie Kamau
Coverdash, a fully-digital business insurance startup providing simplified insurance solutions to businesses of all shapes and sizes, announced the company's official launch and the closing of an oversubscribed seed funding round.


5 key insurance industry trends in EMEA region according to Plug and Play
Published: 23-01-2023 | 13:50:00 | By: Pie Kamau
Insurance industry trends over the past year have been significant, especially across Europe, the Middle East, and Africa (EMEA) region.


Insurance provider Vouch acquires lending startup Level to scale tech-driven underwriting systems
Published: 12-01-2023 | 08:42:00 | By: Pie Kamau
Vouch, an insurance provider re-thinking business insurance for the technology industry, announced it has acquired lending startup Level and its team of engineers.


Philly-based insurtech startup Propeller Bonds raises $6.4m seed funding to accelerate growth
Published: 11-01-2023 | 10:00:00 | By: Pie Kamau
Philly-based insurtech Propeller, announced it has raised $6.4 million in seed funding led by a consortium of industry partners.


Insurtech startup Surround Insurance raises $2.5m seed round to help cconsumers navigate life’s transitions
Published: 25-11-2022 | 08:59:00 | By: Pie Kamau
Insurtech startup Surround Insurance announced that it has closed a $2.5 million seed round led by MassMutual through the MM Catalyst Fund.


ACRE Africa targets Kenyan farmers with climate smart insurance
Published: 11-11-2022 | 11:00:00 | By: Bob Koigi
Insurance can help cushion smallholder farmers from crop and financial losses that occur as a result of climate change, yet many are reluctant to invest in such schemes. But why?


Vouch partners with Capsule to support startups internationally
Published: 10-11-2022 | 14:11:00 | By: Pie Kamau
Capsule, a specialist insurance provider to high-growth companies in the UK, announced a partnership with Vouch, a San Francisco-based insurance platform that provides business insurance for high-growth technology startups in the US.


Intelligent digital coworkers startup Roots Automation raises $10m Series A funding round to accelerate growth
Published: 04-11-2022 | 09:11:00 | By: Pie Kamau
Roots Automation, the creator of advanced, intelligent Digital Coworkers for the insurance industry, announced the closing of $10 million in a Series A round of funding.


Greenlight Re Innovations announces investment in short-term rental insurance startup Safely
Published: 19-10-2022 | 12:19:00 | By: Pie Kamau
Greenlight Re Innovations (GRI), part of Greenlight Capital Re, has announced an investment in SafelyStay (Safely), the provider of short-term rental insurance.


Insurtech Otonomi raises $3.4m to build a first-to-market blockchain-powered parametric cargo platform
Published: 19-10-2022 | 11:02:00 | By: Pie Kamau
Insurtech startup Otonomi announced it has closed a $3.4 million oversubscribed funding round, to build a first-to-market blockchain-powered parametric cargo platform.


Cyber insurance startup Elpha Secure startup raises $20 million funding to boost offerings
Published: 11-10-2022 | 14:14:16 | By: Bob Koigi
The funding round will help drive business growth across broker networks and evolve Elpha Secure’s product features to better equip small and midsize businesses to defend against cyberattacks and their consequences with end-to-end protection and response.


APA insurance unveils new payment plan for comprehensive car insurance
Published: 05-10-2022 | 12:49:35 | By: Bob Koigi
The comprehensive car insurance payments are made over 12 months which allows clients to spread the cost over the course of a year.


Capacity trading startup Stere closes $5m seed to expand tech-driven solutions for the insurance sector
Published: 26-09-2022 | 15:42:00 | By: Pie Kamau
Stere, a capacity trading platform specializing in capacity sourcing and unique digital capabilities for embedded insurance partners and MGAs, announced it has closed a $5 million funding round.


Kenyan agricultural insurtech startup Pula appoints Michael Joseph as Board Chair
Published: 22-09-2022 | 10:28:00 | By: Pie Kamau
Former Safaricom CEO Michael Joseph has been appointed as Board Chair of a Kenyan agricultural insurtech startup Pula.


Kenyan insurtech startup Turaco secures $10m funding to drive insurance adoption
Published: 16-09-2022 | 09:58:00 | By: Pie Kamau
Turaco, the insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest Innovation Fund.


Missouri-based insurtech startup iCover raises $5m pre-Series A funding to accelerate growth
Published: 06-09-2022 | 12:18:00 | By: Pie Kamau
iCover, a Missouri-based insurtech startup that provides an algorithmic underwriting and QUI based eApp Service for life insurance companies, raised $5 million in pre-Series A funding. 


Erie Insurance launches venture capital fund to accelerate innovation
Published: 26-08-2022 | 13:47:00 | By: Pie Kamau
Erie Insurance, an auto, home, business and life insurance company based in Erie, Pennsylvania, announced the establishment of Erie Strategic Ventures to support visionary entrepreneurs.


Insurtech startup Ledgebrook raises $4.2m to provide best-in-class quoting experience to wholesale brokers
Published: 17-08-2022 | 15:28:00 | By: Pie Kamau
Ledgebrook, a Boston-based insurtech startup, announced it raised $4.2 million in seed funding to build out its operations with the goal of writing its first policies in Q4 2022.


Kenyan insurtech startup Lami Technologies raises $3.7m to expand across Africa
Published: 05-08-2022 | 11:40:00 | By: Pie Kamau
Kenya-based insurtech startup Lami Technologies has raised a $ 3.7 million seed extension to expand its insurtech product across Africa.


French insurtech startup Orus raises €5m to reinvent professional insurance for SMEs
Published: 20-07-2022 | 10:29:00 | By: Pie Kamau
Orus, the insurtech company for small businesses, announced it has raised €5 million from Frst, Partech, Portage Ventures and around twenty business angels.


Insurtech startup Spot raises $33m funding to ramp up partnerships, offer affordable coverage for customers
Published: 30-06-2022 | 14:50:00 | By: Pie Kamau
Spot, the tech startup offering on-demand injury insurance, announced it has raised $33 million in funding, including $25 million in equity and $8 million in debt.


Kenyan insurtech startup mTek secures $3m funding for expansion across the country
Published: 21-06-2022 | 14:06:00 | By: Pie Kamau
On the heels of a recent $1.50 million (KSh 170 million) investment, Kenyan insurtech startup mTek has secured an additional $3 million (KSh 340 million) investment, through both debt and equity from African-focused fintech platform, Finclusion Group.


Insurtech startup INSTANDA raises $45m to fund its next phase of growth
Published: 20-06-2022 | 12:49:00 | By: Pie Kamau
INSTANDA, the no-code core insurance platform provider has announced the closing of its $45 million fundraising led by Toscafund, one of Europe’s leading Growth Equity investment firms for financial services companies.


Insurtech startup ETAP secures $1.5m pre-seed funding to drive car insurance penetration in Africa
Published: 26-04-2022 | 11:55:00 | By: Pie Kamau
ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across Africa.


U.S. insurtech startup Honeycomb gains approval to write policies in Wisconsin
Published: 14-04-2022 | 11:49:00 | By: Pie Kamau
The Wisconsin Office of the Commissioner of Insurance has given insurtech startup Honeycomb approval to write policies statewide.


Latinx insurtech startup Sigo Seguros raises $5.4m seed funding to accelerate growth
Published: 08-04-2022 | 14:07:00 | By: Pie Kamau
Sigo Seguros, the insurtech startup determined to close the insurance gap within Latinx and immigrant communities, announced it has raised $5.4 million in its seed funding round, co-led by Listen Ventures and Chingona Ventures.


NSI Insurance Group acquires majority stake in insurtech startup HoneyQuote
Published: 23-03-2022 | 16:03:51 | By: Bob Koigi
HoneyQuote’s machine learning algorithm matches users with property insurance carriers in real-time. Its proprietary search engine allows consumers to shop and purchase homeowners' insurance online.


Insurance startup Asteya launches new product offering on its technology-first platform
Published: 16-03-2022 | 11:28:00 | By: Pie Kamau
Asteya, an income insurance technology company whose mission is to provide financial health and wellbeing by transforming the income insurance space, announced the launch of its additional product offering, Accidental Death.


German investor CommerzVentures closes €300m third fund to support European fintech and insurtech startups
Published: 01-03-2022 | 12:52:00 | By: Pie Kamau
CommerzVentures, the specialist fintech investor, announced its third €300m fund, to go towards supporting early and growth-stage companies in the fintech and insurtech sectors.


Insurtech startup ennabl raises $4m to transform insurance brokerage
Published: 21-02-2022 | 14:48:00 | By: Pie Kamau
Insurtech trailblazer ennabl has secured a $4 million seed round investment. Led by Vine Ventures with additional private participants, this investment will be used to expand the company's platform.


[Kenya] More than 5k farmers receive insurance payout
Published: 14-02-2022 | 11:00:00 | By: Bob Koigi


Dallas-based Tegan Digital partners with Dents.co startup to revolutionize the collision industry
Published: 09-02-2022 | 13:40:00 | By: Pie Kamau
Dallas-based digital agency Tegan Digital has partnered with Dents.co to develop a startup launch kit, including an email marketing strategy and video production, to support new B2B tech product.


Casava secures $4m pre-seed funding to provide micro insurance for millions of Nigerians
Published: 04-02-2022 | 09:41:00 | By: Pie Kamau
Casava, Nigeria's digital insurance company has secured $4 million in pre-seed funding to provide affordable and accessible insurance products for millions of Nigerians.


Kenyan insurtech startup Lami acquires Bluewave Insurance Agency
Published: 04-02-2022 | 09:33:06 | By: Pie Kamau
Kenyan insurtech startup Lami Technologies has acquired Bluewave Insurance Agency, another Kenyan-based insurtech startup, for an undisclosed amount.


F-Prime Capital launches F-Prime Fintech Index to track the performance of disruptive fintech startups
Published: 01-02-2022 | 13:27:00 | By: Pie Kamau
F-Prime Capital announced the launch of The F-Prime Fintech Index, designed to track the performance of disruptive fintech companies enabling the delivery of core financial services across payments.


U.S. and Israel-based insurtech startup Honeycomb raises $15.4m Series A round
Published: 24-01-2022 | 15:39:00 | By: Pie Kamau
Insurtech startup Honeycomb announced it has raised $15.4 million in a Series A funding round led by Ibex Investors.


Nashville-based worker’s compensation startup InsurePay secures Series B investment, buys Split Limit Studios
Published: 12-01-2022 | 11:48:00 | By: Pie Kamau
InsurePay, an Insuretech Property and Casualty (P&C) billing and payments platform, including workers' compensation insurance premium billing and payments has secured a Series B investment.


Kenyan smallholder farmers insulated from weather vagaries by picture-based insurance
Published: 14-12-2021 | 12:00:00 | By: Bob Koigi
A climate-smart crop insurance scheme introduced in Kenya has come to their rescue by combining satellite data and smartphone imagery to provide farmers with much needed protection.


Heritage enters strategic partnership with insurtech startup Slide to accelerate growth
Published: 30-11-2021 | 13:40:22 | By: Pie Kamau
Heritage Insurance, a super-regional property and casualty insurance holding company, announced it has entered into a strategic partnership with Slide, a startup InsurTech P&C carrier led by Bruce Lucas, Heritage's former Chairman and CEO.


Israeli startup EasySend raises $55.5m to help enterprises build, maintain digital customer journeys with its no-code platform
Published: 17-11-2021 | 11:41:00 | By: Pie Kamau
EasySend, a no-code digital customer journey platform announced a $50.5 million Series B funding round led by Oak HC/FT. Existing investors Vertex IL, Intel Capital, and Hanaco Venture also participated in the round.


BrokerTech Ventures accelerator opens for 2022 cohort applications
Published: 16-11-2021 | 12:32:00 | By: Pie Kamau
BrokerTech Ventures (BTV), the industry's first broker-led convening platform and accelerator program focused on delivering innovation to the insurance broker industry, has opened the application window for its 2022 BrokerTech Ventures Accelerator program.


Kenyan fintech startup Kwara and Lami Technologies partner to provide insurance products for SACCO members
Published: 04-11-2021 | 15:02:36 | By: Bob Koigi
The partnership will allow SACCO members to conveniently access innovative insurance products ranging from health, general, life, business, and property coverage through the Kwara platform.


London-based insurtech startup Collective Benefits announces $10m investment from Prosus
Published: 03-11-2021 | 12:31:00 | By: Pie Kamau
Collective Benefits, an insurance and benefits marketplace for independent workers, announced a $10 million investment from Prosus Ventures, the venture investing arm of Prosus, one of technology investors in the world.


Mployer Advisor secures $1.6 million funding to transform insurance broker marketplace
Published: 02-11-2021 | 15:26:20 | By: Bob Koigi
This new round of funding will enable Mployer Advisor to deploy new features on its platform, hire additional leadership roles and expand its insurance broker and carrier network.


Insurance startup Branch partners with SimpliSafe to offer proactive protection, affordable home ssecurity to its members
Published: 15-10-2021 | 11:43:00 | By: Pie Kamau
Branch, the startup that pioneered instantly-bundled home and auto insurance, announced a partnership with SimpliSafe, maker of security systems, to offer its members significant discounts on their home insurance.


Insurtech startup VOOM raises $15m to provide usage-based insurance to underserved mobility segments
Published: 05-10-2021 | 16:17:00 | By: Pie Kamau
VOOM, creators of innovative insurance products for underserved mobility segments, announced $15 million in funding to expand its usage-based insurance model to additional mobility verticals.


Insurtech startup NEXT Insurance renews commitment to small businesses with integrated strategic rebrand
Published: 16-09-2021 | 12:13:00 | By: Pie Kamau
NEXT Insurance, the digital insurtech company transforming small business insurance, announced its strategic rebrand which will integrate small business owners from across the country into every part of the company's business, culture and ethos.


Israeli insurtech startup Vesttoo joins NVIDIA Inception to further develop AI-based technologies
Published: 07-09-2021 | 15:38:30 | By: Pie Kamau
Israeli insurtech startup Vesttoo announced it has joined NVIDIA Inception, a program designed to nurture companies revolutionizing industries with advancements in AI and data sciences.


Insurtech startup Slope Software raises $2m to grow its actuarial modeling platform
Published: 31-08-2021 | 13:23:00 | By: Pie Kamau
Slope Software, the Atlanta insurtech startup that is modernizing actuarial modeling for insurers, announced a $2.0 million investment led by Tech Square Ventures, an early-stage investment firm.


Autonomous vehicle insurtech startup Koop Technologies raises $2.5m seed round
Published: 24-08-2021 | 15:22:00 | By: Pie Kamau
Koop Technologies, an insurance technology startup specializing in autonomous vehicle and robotics risks announced its $2.5 million seed funding.


Insurtech startup NEXT Insurance participates in Amazon Insurance Accelerator to provide access to affordable General Liability coverage
Published: 10-08-2021 | 11:47:00 | By: Pie Kamau
NEXT Insurance, the digital insurtech company transforming small business insurance, announced it is participating in Amazon Insurance Accelerator, providing Amazon sellers looking to buy insurance with instant quotes at competitive rates.


Naspers Foundry leads $8.3m Series A investment in South African insurtech startup Naked
Published: 06-08-2021 | 14:07:00 | By: Pie Kamau
Naspers, through its early-stage tech investment vehicle Naspers Foundry, invested $8.3 million (R120 million) in Naked, the artificial intelligence (AI)-driven insurtech startup that offers full digital insurance to cars, homes, and valuables.


Hong Kong-based insurtech startup YAS MicroInsurance features in TOP 10 of Plug and Play Insurtech Batch 5 startups
Published: 22-07-2021 | 11:55:14 | By: Pie Kamau
Hong Kong-based next-generation Insurtech startup YAS MicroInsurance, has been featured as one of the TOP 10 of the Insurtech Batch 5 in Plug and Play APAC, a well-known global startups accelerator and innovation platform.


BimaLab accelerator programme launches to support Insurtech startups in Kenya
Published: 22-07-2021 | 11:41:25 | By: Pie Kamau
FSD Africa, the Insurance Regulatory Authority (IRA) and Tellistic Technology Services have launched BimaLab, a KES 5.3 million accelerator programme designed to support insurance startups in Kenya.


Kenyan insurtech startups benefit from IRA, Prudential innovation hub
Published: 22-06-2021 | 12:29:00 | By: Pie Kamau
Three Kenyan insurtech startups each received Ksh 1.25 million in cash awards from an innovation hub steered by the Insurance Regulatory Authority (IRA) in collaboration with Prudential Life Assurance and other partners, to promote insurance inclusivity.


B2B insurtech startup Boost raises $20m Series B to enhance insurance market accessibility
Published: 21-05-2021 | 13:09:00 | By: Pie Kamau
Boost Insurance, the B2B digital insurance platform, announced the completion of a $20 million Series B financing round to fuel growth of its platform, new product development and partner marketing.


HONK supports insurance startup Branch with digitally-driven roadside assistance solutions
Published: 12-05-2021 | 12:15:00 | By: Pie Kamau
HONK Technologies, the digital platform connecting drivers and towing professionals, announced it is supporting Branch, the startup that pioneered bundling home and auto insurance online.


Kenyan insurtech startup Lami Technologies raises $1.8m in seed funding
Published: 06-05-2021 | 10:49:00 | By: Pie Kamau
Lami Technologies, a Kenyan insurance technology (insurtech) company that aims to democratize insurance products and services for low-income Kenyans, has raised $1.8 million in seed funding.


Insurtech startup Branch Insurance expands home and auto coverage to Colorado and Oklahoma States
Published: 29-04-2021 | 10:13:00 | By: Pie Kamau
Branch Insurance, the startup that pioneered bundling home and auto insurance online, announced its expansion to Colorado and Oklahoma States.


Detroit-based fintech startup Signal Advisors raises $16m to build end-to-end platform for independent financial advisors
Published: 27-04-2021 | 11:06:00 | By: Pie Kamau
Signal Advisors, a tech-enabled distributor of annuities and life insurance, announced a $10 million Series A led by General Catalyst, which closed in December 2020.


Plug and Play Korea launches in Seoul
Published: 27-04-2021 | 10:20:47 | By: Pie Kamau
Global innovation platform, Plug and Play, announced the launch of its new office in Seoul, Korea, to primarily focus on corporate innovation in the areas of Financial Services and Smart Cities and expects to expand to other industries in the future.


Insurtech startup Brella raises $15m Series A for national expansion of supplemental health insurance solution
Published: 26-04-2021 | 14:15:00 | By: Pie Kamau
Brella Insurance announced it has raised a $15 million Series A funding round led by Brewer Lane Ventures to bring Brella's modern supplemental health solution to employers nationwide.


Insurtech startup OKO raises $1.2m to bring innovative insurance to smallholder farmers across Africa
Published: 23-04-2021 | 09:21:00 | By: Pie Kamau
OKO, an insurtech startup that provides inclusive agricultural insurance to secure farmers’ income across Africa, closed a seed investment round of $1.2 million, led by Newfund and ResiliAnce.


Plug and Play selects 154 startups for the Summer 2021 Batches
Published: 02-04-2021 | 10:31:34 | By: Bob Koigi
During the three months of the program, the selected startups will participate virtually in networking events, mentor sessions, focus weeks, and private dealflow sessions.


Insurtech startup Curacel secures $450K pre-seed funding to drive insurance inclusion in Africa
Published: 30-03-2021 | 12:53:00 | By: Pie Kamau
Curacel, an AI-powered platform for claims processing and fraud management in Africa, raised a $450,000 pre-seed funding in a round led by Atlantica Ventures and Consonance.


Plug and Play adds NJM Insurance to its growing network of insurtech corporate partners
Published: 19-03-2021 | 12:38:05 | By: Pie Kamau
Plug and Play, the global innovation platform for corporations and startups, is adding NJM Insurance Group (NJM), a property and casualty insurer in the Mid-Atlantic region, to its growing network of insurtech corporate partners.


Income insurance startup Asteya launches with $10m in funding
Published: 19-03-2021 | 12:28:00 | By: Pie Kamau
Asteya, an income insurance startup whose mission is to provide financial health and wellbeing by transforming the disability insurance space, announced its launch and disclosed fundraising of $10 million.


Fintech startup Honeycomb Credit closes $1.75m seed round to expand community capital model nationwide
Published: 18-03-2021 | 13:35:00 | By: Pie Kamau
Honeycomb Credit, a first-of-its-kind loan crowdfunding platform, is expanding its community-based small business financing model nationwide after closing a $1.75 million seed funding round.


BrokerTech Ventures adds Zurich North America to its premiere agency and insurance company portfolio
Published: 16-03-2021 | 14:15:54 | By: Pie Kamau
BrokerTech Ventures (BTV), the industry's first broker-led convening platform and accelerator program, announced the addition of its newest carrier, Zurich North America, to the platform.


Digital marketing startup Rollick secures $8.5m in funding
Published: 05-03-2021 | 11:49:00 | By: Pie Kamau
Rollick Inc., which operates the GoRollick Powersports, RV, and Boat Buying Program Marketplace, announced the closing of $8.5 million in funding.


Insurtech startup Zelros raises $11m Series A funding to bring AI-powered responsible insurance distribution to North America
Published: 25-02-2021 | 08:27:00 | By: Pie Kamau
Zelros, the industry's first AI-driven platform dedicated to advancing insurance distribution, announced the successful close of an $11 mllion Series A financing round, bringing the company's total funding to date to $16.5 million.


Insurtech startup InsurePay secures $5m Series A investment round to accelerate growth
Published: 18-02-2021 | 09:30:00 | By: Pie Kamau
InsurePay, a workers' compensation administration and insurance premium billing platform for insurance providers, announced it has completed a $5 million Series A round of financing.


WNS partners with insurtech startup By Miles for the world’s first connected car insurance
Published: 17-02-2021 | 14:42:27 | By: Bob Koigi
WNS Assistance has announced a new partnership with By Miles, an insurtech startup and motor Managing General Agent (MGA), to manage claims for a first-of-its-kind connected car insurance policy using the real-time data of the vehicle.


Insurtech startup TrustLayer raises $6.6m to expand its insurance verification and compliance platform
Published: 15-02-2021 | 16:08:00 | By: Pie Kamau
TrustLayer, the collaborative risk management platform, announced it has completed a $6.6 million seed round of financing.


Nationwide doubles down on venture capital efforts, expands investment fund to $350m
Published: 12-02-2021 | 10:58:00 | By: Pie Kamau
Nationwide announced the expansion of its venture capital investment fund to $350 million, to be directed into high-growth potential insurance and financial services startups that directly advance Nationwide's strategy.


Insurtech startup Marble secures $2.5m seed round, launches first digital wallet and rewards for insurance
Published: 11-02-2021 | 10:17:00 | By: Pie Kamau
Marble, the first digital wallet and loyalty platform for insurance, announced $2.5 million in seed round funding.


Gentem Health startup closes $10m Series A financing to streamline and accelerate insurance reimbursements
Published: 10-02-2021 | 12:36:00 | By: Pie Kamau
Gentem Health, a Silicon Valley-startup focused on helping private practices thrive financially, raised a $10 million Series A financing round, bringing total investment to $13.7 million.


Plug and Play invests in Israeli insurtech startup Vesttoo
Published: 10-02-2021 | 12:17:10 | By: Pie Kamau
Plug and Play, the global innovation platform that has funded companies such as Dropbox, PayPal and N26, has joined Vesttoo as a shareholder through an equity investment.


Insurtech startup Joshu raises $3.7m seed round to digitize and modernize commercial insurance
Published: 27-01-2021 | 09:08:00 | By: Pie Kamau
Joshu, an insurtech company that helps insurance carriers launch online distribution channels, announced it closed $3.7 million in seed funding led by Blumberg Capital.


Arbol closes Series A raise, adds Mubadala Capital Ventures to its investment group
Published: 20-01-2021 | 10:46:00 | By: Pie Kamau
Insurtech platform Arbol Inc. announced it has closed its Series A fundraising round with commitments totaling nearly $7 million. Arbol's Series A round was oversubscribed and completed at a significant increase in valuation from its initial seed round.


Ten biggest startup layoffs in 2020 hit 25,500, Uber leads with 30 per cent, report
Published: 13-01-2021 | 14:17:00 | By: Bob Koigi
Data presented by Buy Shares indicates that approximately 25,500 jobs have been lost in the top ten largest startup layoffs amid the pandemic. The layoffs were recorded between March 2020 and January 2021.


InsurTech NY announces global Early-Stage InsurTech Competition 2021
Published: 07-01-2021 | 11:49:00 | By: Pie Kamau
InsurTech NY has opened the application window for its annual 2021 InsurTech Early-Stage Competition, to award $200,000 in prizes to three winning teams. Startups will compete for the title of the company with the most commercial potential.


Healthcare startup Centivo raises $34m to help employers deliver affordable, high-quality healthcare to their employees
Published: 08-12-2020 | 13:36:00 | By: Pie Kamau
Centivo, a new type of digital health plan that is built to save 15% or more compared with traditional insurance carriers and is easy to use for employers and employees, announced it has raised $34 million in Series B funding.


Cinch Home Services partners with insurance technology startup GloveBox to simplify home management
Published: 04-12-2020 | 13:37:00 | By: Pie Kamau
Cinch Home Services (Cinch), provider of home service solutions, has partnered with GloveBox, an insurance technology that allows policyholders to manage all of their insurance in a single, centralized digital platform.


[Startup Interview] Jon Cooper, CEO, Life.io, USA
Published: 17-11-2020 | 12:14:00 | By: Bob Koigi
Life.io is a US-based startup that helps companies accelerate the development of their end-to-end digital client experience with the Life.io Solution Suite: Grow, Engage and Empower. Jon Cooper the startup’s co-founder and CEO elaborates.


Slice Labs and AXIS Insurance collaborate to bring home based business insurance to small businesses
Published: 04-11-2020 | 12:16:11 | By: Bob Koigi
Slice Labs Inc., a technology startup with the first on-demand insurance platform, has created an alliance with AXIS Insurance to distribute AXIS Home Based Business insurance to help protect small businesses.


Human API startup raises over $20m funding to scale consumer-controlled health data ecosystem
Published: 04-11-2020 | 11:20:00 | By: Pie Kamau
Human API, company empowering consumers to connect and share electronic health data with companies they trust, announced it has raised over $20 million in Series C funding, to scale consumer-controlled health data ecosystem.


BrokerTech Ventures accelerator opens for 2021 cohort applications
Published: 29-10-2020 | 12:29:55 | By: Pie Kamau
BrokerTech Ventures, first broker-led convening platform and accelerator focused on delivering innovation to the insurance broker industry, has opened the application window for its 2021 BrokerTech Ventures Accelerator program.


Insurtech startup Next Insurance and Intuit QuickBooks integrate to provide seamless coverage for small businesses
Published: 26-10-2020 | 16:35:00 | By: Pie Kamau
Next Insurance, digital insurtech company transforming small business insurance and Intuit have teamed up to simplify the insurance purchasing process for millions of small businesses.


EasySend raises $16m to enable insurance companies and financial institutions to build a no-code digital future
Published: 24-09-2020 | 14:03:00 | By: Pie Kamau
EasySend, the no-code AI-powered platform transforming manual processes into digital journeys, announced it has raised $16 million in funding following the completion of an $11 million Series A round led by Hanaco with participation from Intel Capital.


Insurtech startup cogniSure launches AI platform for commercial loss run automation with 9 pilot customers
Published: 24-09-2020 | 13:44:00 | By: Pie Kamau
The insurance industry spends a significant amount of manual effort, time and money analyzing PDF and Excel loss runs that are in nonstandard, carrier-specific, unstructured document formats.


Plug and Play selects 147 startups for its winter 2020 batches
Published: 18-09-2020 | 12:02:00 | By: Pie Kamau
Plug and Play announced the selection of 147 new startups into its winter 2020 batches. The startups were selected to join one of the following programs that will run through November 2020.


SafeButler, Liberty Mutual partner to offer instant renters insurance
Published: 04-09-2020 | 15:08:00 | By: Pie Kamau
YCombinator funded startup SafeButler has partnered with Liberty Mutual, an insurance industry leader for over 100 years, to provide instant access to a comprehensive renters insurance plan at a very low rate.


Fielding Norton joins advisory board of InsureTech startup Pricing Platform
Published: 02-09-2020 | 10:41:00 | By: Pie Kamau
Pricing Platform, an InsureTech startup that integrates Property & Casualty underwriting, pricing, and portfolio analytics in a cloud-based platform announced Fielding "Fid" Norton has joined as founding advisor and Chair of the advisory board.


Sidecar Health raises $20 million as it seeks to lower the cost of health care in US
Published: 13-08-2020 | 13:06:00 | By: Bob Koigi
US health insurtech company Sidecar Health has raised $20 million in its most recent funding round.


French startup Koala closes €1.6m seed round led by Insurtech Gateway
Published: 07-07-2020 | 15:13:00 | By: Pie Kamau
Paris based insurtech Koala announced an investment of €1.6 million led by London based incubator and fund Insurtech Gateway alongside Playfair Capital, Techstars Ventures and private investors.


French startup Monk raises $2.4m Seed round to develop AI-based inspection technology
Published: 11-06-2020 | 15:23:00 | By: Pie Kamau
French startup Monk, an Artificial Intelligence focused on car damage detection announced a $2.4 million fundraising Seed round led by Iris Capital, alongside Plug and Play and key business angels.


US digital insurance startup Coalition secures $90 million to tackle cyber risks
Published: 21-05-2020 | 11:12:00 | By: Bob Koigi
Coalition, a US cyber insurance and security startup has raised $90 million in equity capital to fuel its mission to solve cyber risk, and support its rapid growth and global expansion.