Slice Labs gets backing from Munich Re
Slice Labs is getting the thumbs up from German insurance heavyweight Munich Re with the firm’s venture arm investing in the InsurTech startup.
Brolly scores seed funding to smarten up insurance
Artificial intelligence-driven InsurTech startup Brolly has raised $13,360 in a seed round of funding. The investment in the London-based startup comes from Entrepreneur First and Innovate Finance.
Metromile parks $103.5m for pay-by-the-mile car insurance
Pay-per-mile car insurance firm Metromile has landed $103.5m in a Series D round of funding. The capital comes from Canadian insurer Intact Financial and China Pacific Insurance (CPIC).
FinanceFox lands $28m in largest European InsurTech deal
The InsurTech space continues to excite investors with the largest funding round raised in Europe to date just being picked up by FinanceFox.
Eos Venture Partners launches dedicated InsurTech fund
As hype continues to build around the potential for startups to disrupt the insurance space Eos Venture Partners is launching as specialised fund dedicated to finding opportunities in InsurTech.
InsurTech firm Oscar hires new chief medical officer
New York InsurTech startup Oscar is hiring Shaden Marzouk as its new chief medical officer. A neurosurgeon and US army veteran, Marzouk will replace Aran Ron in the role.
Allianz hires new CEO for InsurTech unit
German insurance giant Allianz has hired a new CEO for its InsurTech incubator Allianz X. Peter Borchers will join the firm from Deutsche Telekom, where he founded the company’s hub:raum incubator.
MetLife joins R3 to explore Blockchain’s role in insurance
US insurance giant MetLife is joining the R3 blockchain consortium to explore what role the technology could play a role in its field.
Peer-to-peer InsurTech startup Lemonade grabs funding
Peer-to-peer insurance company Lemonade has raised a new round of funding from XL Innovate, the venture capital arm of insurance firm XL Catlin. The size of the round is undisclosed.
UpGuard locks down $17m for cybersecurity insurance
Australian insurance firm IAG has invested in Sydney-founded cybersecurity firm UpGuard’s $17m Series B round.
