Friday, April 19, 2024

German InsurTech company Finanzchef24 raises €4m in VC-backed round

Munich-based Finanzchef24, the first digital insurance broker for entrepreneurs and companies in Germany, has raised €4m in a Grenke Bank-led round. Existing backers venture capital...

General Atlantic joins PE peers as Insurity investor

Global private equity firm General Atlantic has backed insurance technology company Insurity with an undisclosed investment. The firm joins TA Associates and Genstar Capital as...

InsurTech Startup Receives Investment from Allianz Group

Simplesurance, a Berlin, Germany-based insurtech startup, received a minority investment from Allianz Group. Read more: www.finsmes.com

Insurance companies slow in bridging FinTech gap

Many acknowledge the threats and the opportunities of the fintech sector but are slow to respond in time. Read More: www.livemint.com

Insurtech startup Quilt raises $3.25M

Quilt, a Boston, MA-based insurtech startup focused on renters, raised $3.25m in seed funding. Read more: www.finsmes.com

Finstar expands senior FinTech team with Timko hire

Finstar Financial Group has further expanded its fintech and financial services investment program with the hire of Eugene Timko.v

Ageas launches ‘tinder style’ InsurTech app

The Back Me Up app targets millennials and enables them to insure three items, such as a phone, for £15 per month. Read more: www.insuranceage.co.uk

Inzura introduces new digital InsurTech platform

Inzura, a digital insurance technology provider, has launched a digital insurance platform, which it claims will accelerate the digitalisation of the industry. Read more: www.intelligentinsurer.com

UpGuard locks down $17m for cybersecurity insurance

Australian insurance firm IAG has invested in Sydney-founded cybersecurity firm UpGuard’s $17m Series B round.

Buzzmove picks up $7.7m for property insurance

Buzzmove, a UK PropTech and insurance startup, has raised a fresh £6m ($7.7m) in a sizable seed funding round led by White Mountains Insurance Group.

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