Capital markets

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.

Industry experts weigh in on what to look out for as insurtech enters a new, more mature era.

There were 33 rounds in the month.

More news: MassMutual on iPipeline’s iGO and Neptune Flood partners with SIAA.

Morgan Health is investing $30 million in Centivo, a three-year-old Buffalo, New York-based health-plan administrator that says it’s holding members’ average annual out-of-pocket expenses to less than $350.

Drake Star Partners' Global Insurtech Industry Report 2022: Adoption of new technologies likely increased insurtech M&A.

Global funding to startups fell 23% in the the second quarter from the first, to $108.5 billion, according to a recent report from CB Insights.

The funds will be put toward expanding into new markets -- including the Netherlands, France, Spain and the UK -- and building out the platform, Wefox said.

It’s not an obvious time to launch an insurance-like product backed by cryptocurrencies.