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Wopta Assicurazioni raises €5 mn to expand insurtech platform

Wopta Assicurazioni Secures €5 Million for Insurtech Expansion Wopta Assicurazioni has raised €5 million to further its insurtech platform. With this latest funding, the company has secured over €20 million since 2022. Wopta Assicurazioni plans to...

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Insurtech Corgi raises $160 mn Series B at $1.3 bn valuation

Corgi Secures $160 Million in Series B Funding Insurtech company Corgi has successfully raised $160 million in a Series B funding round. This round...

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Insurtech Laka buys VeloLife assets to expand UK bike insurance

Laka Acquires VeloLife Assets to Bolster UK Presence Laka, an insurtech company, has acquired the assets of VeloLife as part of its strategy to...

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‘I’m quite unemployable - so I built House of Insurtech’

James Downes Develops New Platform for Insurance Innovation James Downes is developing a full-stack platform designed to help insurers, managing...

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Kin Insurance secures $335m bond to expand US storm protection

Kin Insurance Raises $335M Through Catastrophe Bond Kin Insurance, an InsurTech company based in the United States, has announced the completion of a...

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Study finds 40% of insurance customers turn to AI platforms to decide purchases

Study Indicates Rising Use of AI in Insurance Product Comparison A recent study reveals that over 40% of consumers are utilizing AI tools to compare...

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Insurtech Root posts record Q1 net income of $35.9 mn as AI automation expands

Insurtech Root Reports Record Quarterly Net Income Boosted by AI Automation Root Insurance, an insurtech firm, announced a record net income of $35.9...

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Insurance startup Corgi hits $1.3B valuation 4 months after its Series A

Corgi Announces $160 Million Series B Funding Round Insurance startup Corgi has announced a $160 million Series B funding round, which is led by TCV....

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InsurTech enters higher funding phase as AI dominates, says Gallagher Re’s Andrew Johnston

InsurTech Sector Experiences Increased Funding, Influenced by AI, Says Gallagher Re's Johnston Andrew Johnston, Global Head of InsurTech at Gallagher...

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AI start-ups capture record 95.2% of insurtech funding

AI Start-ups Dominate Insurtech Funding Landscape In a significant trend within the insurance technology sector, AI-focused start-ups have emerged as...

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