In a notable move within the finance and life insurance sectors, Bestow, a Dallas-based startup, has successfully secured $120 million in late-stage funding. This strategic financial maneuver is aimed at bolstering the company's workforce and facilitating the development of innovative products. The
In recent years, Canada has emerged as a pivotal player in the fintech and insurance sectors, driven by significant technological advancements. A paradigm shift is unfolding within the financial services industry as artificial intelligence (AI) and automation take center stage in transforming
In a strategic move aimed at broadening its reach within the business insurance landscape, FUW Insurance Services Limited has launched FUW Commercial, focusing on the commercial sector in North Wales. With a longstanding reputation as a prominent insurance brokerage firm in Wales, FUW leverages its
Ominimo, a forward-thinking insurtech startup based in Poland, has rapidly emerged as a formidable force within Europe's insurance sector. Showcasing its capabilities, Ominimo has successfully issued more than 300,000 car insurance policies in Hungary and reached profitability within its initial
Marshmallow, a UK-based insurtech startup, has recently secured another significant funding milestone with a $90 million injection, driving its valuation to surpass the notable $2 billion mark. This achievement underscores Marshmallow's commitment to addressing the unique financial needs of
In a significant milestone for the landlord insurance sector, Steadily, a leading insurance startup, has successfully raised $30 million in a Series C funding round led by Two Sigma Ventures. This funding round also saw participation from prominent investors, including Clocktower Technology