InsurTech
MGA Aspect Labs Opens for Business, Backed by Everest Re and AmTrust
Aspect Labs Ltd., the London-based managing general agent, has officially opened its doors for business, targeting small to mid-market risks that are not big enough for Lloyd's of London. Initially ...
Arch Insurance Acquires InsurTech Thimble
Arch Insurance said it has acquired Thimble, an InsurTech platform that enables small businesses to get insurance coverage by the job, month or year using app, website or over the phone. Terms were ...
InsurTech Parsyl Launches $20M Lloyd’s Consortium for Perishable Cargo
Parsyl, the Denver-based insurer of essential supply chains, announced the launch of its new Essential Consortium at Lloyd's of London. The multi-year arrangement initially will bring $20 million in ...
BrokerTech Ventures Announces Accelerator Cohort Class
BrokerTech Ventures has selected 12 InsurTech startups for its accelerator curriculum. From cyber insurance automation to a one-on-one coaching platform, the companies cover a range of expertise. ...
Lloyd’s Lab Selects 13 InsurTechs for Its Next Innovation Accelerator
The Lloyd's marketplace announced it has invited 13 insurtechs to join the next cohort of its innovation accelerator, the Lloyd's Lab, following a competitive pitch process where the firms presented ...
Commercial Auto InsurTech Fairmatic Raises $46M in New Funding
Artificial intelligence-powered commercial auto insurance company Fairmatic announced that it has raised $46 million in new funding six months after its oversubscribed series A. This brings its total ...
InsurTech Kin Increases Series D Funding Round to $109M
Kin, the direct-to-consumer home insurance company, announced it conducted a third close, an incremental $15 million, to its Series D round in the fourth quarter of 2022. The investment came from ...
Duperreault Joins Board of InsurTech Joyn
InsurTech Joyn Insurance announced the addition of industry veteran Brian Duperreault to its board as an independent director. Duperreault previously served as executive chairman for AIG's Board of ...