Start-up funding

Global insurtech funding increased from about $917 million in the second quarter of this year to about $1.1 billion in the third quarter.

There were about 40 funding events in the insurtech sector in September, according to a review by Digital Insurance.

Today, when life insurtechs start fundraising, VCs ask them about their loss ratios—an impact of the insurtech 1.0 market crashes. But this question signals that venture capitalists still have a nascent understanding of the overall insurtech ecosystem and the various business models within.

There were more than 40 funding events in the insurtech sector in July, according to a review by Digital Insurance.

There were more than 30 funding events in the insurtech sector between June 1 and June 30, 2023, according to a review by Digital Insurance.

Having first focused on pet insurance, the seven-year-old firm has since expanded into parcel, fire, home and health products. It also insures digital assets from hacking and malware and theft.

Groundspeed Analytics was seeking to raise venture capital funding when Insurance Quantified made the initial contact.

Longtime industry executive Henna Karna joins as entrepreneur-in-residence

Austin-based Vista bought insurance technology provider Duck Creek Technologies Inc. earlier this year.

bolttech lands $196 million; Wefox added $110 million to a $400 million Series D.