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Sidecar Health, an innovative health insurance company, has raised $165 million in a Series D financing round. This investment marks the largest private investment in employer health benefits for the year.
Lloyd’s has announced a new Canadian Core Fixed Income Solution on the Lloyd’s Investment Platform.
Norm Ai, a cutting-edge regulatory compliance platform, has successfully raised $27 million in a Series A funding round. The round was led by Coatue, with significant participation from Bain Capital Ventures, Blackstone Innovations Investments, New York Life Ventures, Citi Ventures, TIAA Ventures, and Jefferson River Capital.
Climate risk intelligence company Climate X has raised $18 million in a Series A investment round led by Google Ventures. The funding round also saw participation from Pale blue dot, CommerzVentures, A/O, Blue Wire Capital, PT1, Unconventional Ventures, and Western Technology Investment.
IBISA, the global climate insurtech, has successfully raised $3 million to scale its parametric insurance solutions for weather-related risks in Asia and Africa.
PCF Insurance Services, one of the top twenty US insurance brokers operating across 40 states, has announced the acquisition of four key agencies: Ignitist in Pennsylvania, The Brady Agency in North Carolina, Roseberry Insurance Agency in Mississippi, and The Sinnott Agency in Iowa.
Verituity, a leading innovator in verified, intelligent payments, has successfully closed out an $18.8 million funding round.
Humata Health, a healthcare company specialising in frictionless prior authorisation payments for payers and providers through AI and automation, has successfully raised $25 million.
Kinetic Automation, an infrastructure company delivering digital maintenance and servicing for EVs and AVs, has successfully closed a $21 million Series B funding round.
African Risk Capacity (ARC) has announced it has received a $27 million contribution from the Dutch Government to help boost climate resilience in Africa and further promote parametric insurance across the continent.
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