InsurTech
Cyber InsurTechs and Insurers ‘In This Together,’ Not in Competition
InsurTechs and insurance companies are "breaking down the wall" that stood between them as competitors in favor of working together to tackle dynamic cyber risk. "We're all trying to solve the same ...
Digital Insurer Startup Wefox Seeks Funding at Over $5 Billion Value
Wefox, the German digital insurer, is in advanced discussions to raise fresh funding at a valuation of $5 billion to $6 billion, people with knowledge of the matter said. The Berlin-based InsurTech ...
Agent-Focused Home Insurer Openly Closes $75M Funding Round
Boston-based Openly, an InsurTech homeowners insurer distributing through independent agents, has closed a $75 million Series C investment. According to founders Ty Harris and Matt Wielbut, Openly ...
INSTANDA Raises $45M in Latest Funding Round
INSTANDA, a no-code, core insurance platform provider announced the close of its latest $45 million fundraising led by Toscafund, a European growth equity investment firm for financial services ...
Preparing for InsurTech’s Second Act: Embedded Insurance
The InsurTech industry has been around for about a decade, and experts say that while it has succeeded in bringing new entrants into the industry, it has struggled at times with distribution and ...
Branch Achieves Unicorn Status with $147M Series C Funding
Columbus, Ohio-based InsurTech Branch recently announced a $147 million Series C funding led by Weatherford Capital. The raise brings Branch's valuation to $1.05 billion. Participating new and ...
A Fintech Founder’s Backstory: Who Is Demetrius Gray?
During a 45-minute interview, the founder and CEO of a fintech company known as Captain told Carrier Management a little bit about his career path to his current leadership role. Along the way, ...
How a Fintech Named Captain Helps Homeowners Rebuild After Natural Disasters
When former accountant and roofing contractor Demetrius Gray talks about his personal journey to become founder of a fintech with ties to the insurance industry, he doesn't dwell on the challenges ...