Global insurtech funding experienced a significant 39.7% increase quarter-on-quarter, driven by larger average deal sizes and an emphasis on advanced technologies. The latest report from Gallagher Re highlights this financial surge, which mainly benefited property and casualty (P&C) insurtechs,
Redalpine, a venture capital firm based in Switzerland, has made headlines with the closure of its largest fund to date, Redalpine Capital VII (RAC VII), amassing $200 million. This milestone underscores the firm's strategic vision and unwavering commitment to backing transformative technologies
In an exciting development for the Indian InsurTech landscape, InsurancePadosi has successfully closed a substantial $500,000 pre-seed funding round, which will be pivotal in transforming the company's operational scale, technological capabilities, and product diversity. The funding round was led
Bengaluru-based insurtech startup Onsurity Technologies recently secured $45 million in its Series B funding round, a significant milestone that promises to enhance healthcare benefits for small and medium-sized enterprises (SMEs) across India. This round was spearheaded by the private equity firm
Securing €50 million in funds amidst a cautious venture capital landscape is a significant achievement for any startup, particularly one navigating the complexities of a highly competitive industry. For Neat, a Paris-based insurtech venture, this accomplishment underscores not only its strong
The first half of 2024 has proven to be a challenging period for the Asian InsurTech sector. Facing a significant downturn in both deal volume and funding amounts, the industry is grappling with difficult economic conditions and shifting investor sentiments. With only 16 transactions recorded, a
