Start-up funding

In the post-COVID-19 era, IA Capital's Andy Lerner anticipates more investment in low-touch capabilities that allow insurers to acquire customers less invasively.

Led by Team8 Capital, the round includes three other existing investors, as well as Nationwide and Hannover Digital

It plans to list on the New York Stock Exchange under the symbol LMND.

It is the first carrier to partner with BrokerTech Ventures

The coronavirus crisis has halted regular development cycles and thrown potential entrepreneurs out of their comfort zone.

Three-quarters of a billion dollars were invested in startups in the first quarter of 2020, less than half the amount from the final quarter of 2019.

Artificial intelligence is a prime example of an important technology field where the majority of promising startups have been gobbled up, frequently ending public availability of any products they created

KPMG’s latest Pulse of Fintech report finds insurtech investment in the U.S. rising, bucking wider fintech trends.

Startup founded by former New York Life CIO counts large life insurers among clients.

The $1.987 billion figure is the highest on record, and the sixth in a row over $1 billion, according to Willis Towers Watson's Insurtech Briefing.