InsurTech
InsurTech Neural Earth Secures $1.4M in Pre-Seed Funding
Neural Earth, a provider of artificial intelligence data analytics for property/casualty insurance, announced the close of its oversubscribed $1.4 million pre-seed funding round. The tech company ...
AI Gun Detection InsurTech ZeroEyes Selected for Lloyd’s Lab
ZeroEyes, the creators of an artificial intelligence-based gun detection video analytics platform, announced that it has been selected for the Lloyd's Lab Accelerator program. The company was ...
Small Business InsurTech Coterie Announces $27M Funding Round
Coterie, an InsurTech managing general agent focused on small business insurance, announced a raise of $27 million in new capital investment. The oversubscribed round includes new investment from ...
The Latest Launches from Sure, Ignite, Sertis
Sure announced the launch of Anywhere Insurance with the aim of increasing efficiency for the insurance industry with incumbent rate service organizations and legacy insurance product filings. ...
InsurTech Coverdash Announces $13.5M Series A Funding
Coverdash, a small and midsize business focused InsurTech, announced in February $13.5 million in Series A funding. This financing comes within one calendar year of Coverdash's oversubscribed Seed ...
Lemonade CEO Calls 2023 ‘The Year When the Plan Came Together’
Insurtech Lemonade reported a fourth quarter 2023 net loss of $42.4 million and a net loss of about $237 million for the full year but its chief executive said the company has seen "dramatic ...
InsurTech Root Results Improve but Remain at a Net Loss
InsurTech Root Inc. posted a net loss for the fourth quarter 2023 of $24 million and a net loss for the year of $147.4 million. Results were improvements from net losses of about $58.3 million for ...
Cyber MGA Coalition Predicts Common Vulnerabilities to Increase 25% in 2024
Cyber insurance provider Coalition said it expects the total number of common vulnerabilities and exposures (CVEs) to increase by 25 percent in 2024 to 34,888 vulnerabilities, or roughly 2,900 per ...