Venture capital
Top 100 Insurtech Firms 2020: The insurtech graveyard
For every successful start-up, there are many more failures and insurance is no different. Jonathan Swift reflects on some of those that shone brightly for a short time before being buried in the insurtech graveyard.
Trio of insurtechs raise almost £20m as market warned of slowdown in investments
A trio of insurtechs have confirmed early-stage fund raising of almost £20m only one week after the market was warned to expect a slowdown in investment due to Covid-19.
Consolidation and Covid-19 blamed for insurtech investment 'slowdown'
Consolidation and the global coronavirus pandemic have driven a slowdown in insurtech investment in the first quarter of the year, experts have cautioned, with the worst of the Covid-19 impact on funding yet to come.
Insurtech Digital Risks outlines global SME ambition after BHL investment
Digital Risks has hailed new lead investor BHL Holdings as a potential game changer in terms of the SME specialist insurtech realising its global ambitions.
Laka to open Netherlands hub and roll out ‘wellness’ product after seed raise
Following a seed raise bicycle insurance insurtech Laka will open an office in the Netherlands and look to offer a ‘wellness’ product, CEO Tobias Taupitz told Post.
Interview: Scott Walchek, Trov
One of the original insurtech poster children, Trov recently pulled its personal lines offering in the UK and quickly followed this up by partnering with Lloyds and Halifax on renters’ insurance. Trov CEO and co-founder Scott Walchek sat down with Jen…
Insurtech: Top 100 Insurtech Firms 2019
The annual Insurtech 100 returns; a celebration of the innovation that is rethinking and reshaping the world of insurance as we know it. Matt Connolly, founder and CEO of Tällt Ventures, which has produced the index, outlines the methodology and what has…
Ex-Aviva director Russell's insurtech Brisk plots funding round
'Fit Bit for business' insurtech Brisk is looking for investors to join a second round of funding ahead of series A round at the end of the year.
German insurtech Wefox targets UK launch in 2020 after $110m fundraise
Berlin-based insurtech Wefox will be opening an innovation hub in London before the end of the second quarter next year, a spokesperson confirmed to Post after the business raised a further $110m (£83.7m) in its latest funding round.
Analysis: We Work and Softbank saga could push insurtechs and insurers to partner up
Amid rumblings in the tech sector and trouble at We Work, which could drive more insurtechs to seek a sale to incumbents, Lemonade has reportedly put its initial public offering on hold.
Cuvva aims to bypass PCWs and brokers as it raises £15m
UK-based insurtech startup Cuvva has raised £15m in series A funding round as it prepares to launch a pay-monthly product at the beginning of next year and disrupt the existing insurance status quo
This week in Post: hanging by a thread
This week, Transport for London has revoked Uber’s licence to operate in London, causing fear among the capital residents who often rely on the app-based service to get them home safely after a night on the town.
Google powered products a 'no brainer': Applied Systems CEO
Applied Systems sees the UK as “research and development lab” for new technology and ideas following its success incorporating front end quote and buy into its Epic platform in the territory.
Rideshare insurtech Inshur reaches $9.6m total investment
Rideshare insurtech Inshur has raised an additional $1.5m (£1.2m) from Viola Fintech for its Series A funding round, taking total investment in the startup to date to $9.6m.
This month in Post: Insurtechs, results and discount rate
London seems strangely quiet in the summer, most people are away on holiday, and out of office replies are basically a given.
Analysis: What do recent market exits mean for insurtechs targeting millennials?
Three insurtechs have pulled out of the insurance market so far this year, raising questions around the efficacy of selling insurance to millennials and whether more of these firms will fall.
Lemonade rival Hippo picks up $100m in latest funding round
Lemonade competitor Hippo has raised $100m in a Series D funding round, led by Bond Capital.
Lloyd's modernisation proposals receive positive consultation response
Six proposals to modernise Lloyd’s, including setting up two digital platforms, have received widespread backing from market participants following a 10-week consultation.
Deliveroo partner Qover in expansion bid following €8m raise
Belgian insurtech Qover has raised €8m in its latest funding round and will look to continued growth in Europe.
Zego raises $42m in latest funding round
Zego has raised $42m (£33.52m) in a series B funding round led by Target Global, to fund its European expansion.
Honcho secures investment from Maven
Maven Capital Partners has invested £750,000 in a disruptive car insurance platform Honcho, to support the business in launching the product nationally.
Stubben Edge looks to growth after £1.2m investment led by Saracens chairman
Exclusive: Tech firm and managing general agent Stubben Edge is seeking growth after a £1.2m raise led by Saracens chairman Nigel Wray and analyst Eamonn Flanagan.
Reg UK completes £2.4m funding round
Due diligence and risk management insurtech Reg UK has completed a £2.4m funding round, which it will use to continue to expands its global sales and business development operations.
Top 100 Insurtech Firms 2019
The annual Insurtech 100 returns; a celebration of the innovation that is rethinking and reshaping the world of insurance as we know it. Matt Connolly, founder and CEO of Tällt Ventures, which has produced the index, outlines the methodology and what has…