Finance

There were more than 40 rounds of more than $10 million in the quarter.

Insurtech maturity and the pandemic are driving investment.

The risk-analytics provider will buy insurance modeling platform Tyche and another company as it goes public.

The health insurance startup and its existing shareholders are offering 31 million shares at $36 to $38 apiece.

The New York-based company and its existing shareholders are offering 31 million class A shares at $32 to $34 apiece, according to a Monday filing with the U.S. Securities and Exchange Commission.

Insurance company will more than triple its commitment to insurtech startup investment.

Pandemic-challenged year sees the number of deals increase at a higher rate than the value of those deals, though both still rose.

Digital Insurance asks funders what we can expect as the world and industry emerge from the coronavirus era.

Total rounds experienced a holiday lull, but rounds over $10 million ticked higher.

Led by industry veteran Ramneek Gupta, PruVen’s first fund will invest $300 million in transformational startups.