InsurTech
Startups Focused on Data Observability, Digital Wallet Tech and Risk Management Obtain Financing
Tech startup Monte Carlo raised $25 million in new Series B financing to help build its Data Observability platform. New York-based InsurTech Marble raised $2.5 million in early-stage funding that ...
Metromile Becomes a Public Company Feb. 10 After Reverse Merger Deal Closes
Digital pay-per-mile auto insurer Metromile will officially become a public company tomorrow as the deal to be merged with a special purpose acquisition company (SPAC) is expected to close today. ...
Hippo Reportedly Pursuing Going Public Through SPAC Reverse Merger
Hippo, an insurance technology startup, is in talks to go public through a merger with a special purpose acquisition company, according to people with knowledge of the matter. The transaction with ...
For Insurers, Digital Ecosystems Are Now Vital Economic Tools
It is clear that traditional end-to-end business models are breaking down in every industry, including insurance. In the digital era, the standards of service are continually rising, making it ...
InsurTech Coterie Raises $11.5 million
Coterie pulled in $11.5 million in new venture funding it will use to fuel further expansion of its business, which is designed to integrate insurance purchasing into existing small businesses ...
The Latest Launches From Slice Labs and Cowbell Cyber
Slice Labs is debuting an automated claims settlement feature in its cloud services platform for carriers. Cowbell Cyber launched a new program designed to boost risk management services for its ...
InsurTech MGA LeaseLock Raises $52M; Liberty Mutual, American Family Among Investors
LeaseLock has raised $52 million in new venture funding from a roster of investors including Liberty Mutual and American Family Insurance. The California-based InsurTech and MGA provides nationwide ...
Insurance Verification Platform TrustLayer Raises $6.6M
TrustLayer, developer of a proof-of-insurance risk management platform, has raised $6.6 million in seed funding from venture investors, insurance agencies and others. "We're honored to have the ...