Finance

Insurers are poised to pump hundreds of billions of dollars into private assets over the next two years.

Pie Insurance Services Inc. raised $315 million in equity funding, even as many early stage investors pull back from financial-technology startups.

The new addition to Celent's VendorMatch platform accelerates the product research process for insurance companies.

The Columbus, Ohio-based VC is bullish on the midwest being the next startup hub.

There were 27 rounds in the month.

Krishnamurthy says insurers are acknowledging the staying power of insurtech and its valuable ability to disrupt the insurance industry.

Pilot Co., which is owned by Berkshire Hathaway, agreed to take a stake in Kodiak Robotics Inc., a driverless truck startup.

Erie Strategic Ventures will primarily focus on early-stage North American-based companies.

Each startup receives $100,000 investment and works with gener8tor, Allianz Life and Securian Financial during the three-month program.

Munich Re's profit slumped as the reinsurer took a hit to its investment portfolio in a volatile quarter for financial markets.