InsurTech
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 ...
McCathron Succeeds Wand As Hippo CEO
InsurTech Hippo, a home insurance group focused on proactive home protection, announced Monday that it has appointed President Richard McCathron as chief executive officer, replacing founder and ...