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Paris-based insurtech Flitter has successfully secured €3.5 million in a recent funding round aimed at expanding its usage-based car insurance offerings.
The insurtech landscape experienced a significant milestone in the third quarter of 2023, surpassing the US$1.1 billion mark in new funding.
wefox has secured a substantial boost with $55 million in fresh funding from Deutsche Bank and UniCredit, according to reliable sources familiar with the deal as reported by CNBC.
Cowbell, the cyber insurance provider, has secured US$25 million in fresh funding in a round led by Prosperity7 Ventures, alongside contributions from both new and existing investors.
Next Insurance has raised US$265 million in a strategic investment round, marking a significant milestone for the insurtech company.
Atlanta-based Insurtech firm Layr has successfully secured US$10 million in funding round led by Cota Capital.
Generali has committed €250 million to its venture fund, Generali Ventures in a move to boost innovation in the insurtech and fintech sectors.
Sprout.ai, a leading insurtech specialising in claims automation, has successfully raised US$6.5 million in a funding round, with notable participation from venture capital investors Amadeus Capital Partners and Praetura Ventures.
Previsico has officially gone live in New York with its advanced flood forecasting technology, aiming to mitigate future losses following the recent record flooding that impacted major infrastructure, including LaGuardia Airport and John F. Kennedy Airport.
LegalTech Nuvalaw, the claims resolution platform that facilitates the online negotiation and arbitration of P&C insurance claims, has raised US$3million in pre-series A financing.
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