Latest Startups Headlines
All the headlines from our Startups Topic Page, ordered by recency.
Cyber Insurance Startup At-Bay Plans Expansion After Raising $34 Million
Feb 24 2020 // Cyber Insurance startup At-Bay raised a new $34 million venture capital round, CEO and Co-Founder Rotem Iram disclosed in a recent blog posting. Plans call for the money to be used to grow the managing general...
Insurtech Startup Blackboard Insurance Receives Approval in Virginia
Feb 24 2020 // Blackboard Insurance has announced the approval of its commercial insurance package in Virginia, bringing capabilities to middle market customers in 47 states and territories. Blackboard’s commercial insurance...
New Colorado Law Tackles Employee Equity, Investment in Startup Cannabis Industry
Feb 13 2020 // The startup-laden cannabis industry is probably just right for those who are willing to forego a few extra dollars on their paychecks for the possibility of a bigger payout later when the company grows or goes...
Allianz-Backed Fintech Startup, N26, Closes UK Mobile Bank Accounts, Blaming Brexit
Feb 12 2020 // N26 GmbH, the German mobile bank backed by billionaires Peter Thiel and Li Ka-Shing, said it will end UK operations citing the country’s departure from the European Union. The Berlin-based digital bank will close UK...
Insurtech Investments and Valuations Soar Even As Some Startups Fail Fast
Feb 10 2020 // Insurtech investments reached an historic high in 2019 but last year also capped a three-year period where a good number of insurtech startups called it quits. According to a new briefing on the sector from Willis Towers...
Private Equity Still Driving Agency M&As
Feb 10 2020 // Digital Buys Getting Some Attention; Buyers Getting Bigger; Prices Going Higher; Eyes on Digital The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory...
U.S. Permits Startup Nuro to Deploy Up to 5,000 Driverless Delivery Vehicles
Feb 7 2020 // In a first-of-its-kind approval by U.S. regulators, a federal agency on Thursday gave permission for autonomous vehicle startup Nuro Inc. over the next two years to deploy up to 5,000 low-speed electric delivery vehicles...
Insurtech Investments and Valuations Soar Even As Some Startups Fail Fast
Jan 31 2020 // Insurtech investments reached an historic high in 2019 but last year also capped a three-year period where a good number of Insurtech startups called it quits. According to a new briefing on the sector from Willis Towers...
Apple Lawsuit in California Tests if Employees Can Plan Startup While on Payroll
Jan 21 2020 // Attorneys for a former Apple Inc executive on Tuesday will try to convince a skeptical judge of a core tenet of tech startup culture – that employees can plan a competing venture while still in a job. Apple’s...
MGA Incubator Castel Taps Carlos from Arch Insurance as Head of Specialty
Jan 17 2020 // Castel Underwriting Agencies Ltd., the managing general agent and club-style MGA formation platform, has announced the appointment of Raoul Carlos as head of Specialty as it structures its underwriting cells and MGAs into...
UK Insurtech Startup battleface Receives Investment from Fintech Ventures Fund
Jan 16 2020 // Insurtech startup battleface Inc., a UK firm that provides travel insurance products for unconventional travelers worldwide, announced it has successfully closed its seed financing round with backing from leading strategic...
BPB UW Management Launches Underwriting Agency as MGA Incubator
Jan 14 2020 // BPB UW Management Ltd (BPBUW) has launched an underwriting agency focused on nurturing individual MGA businesses. Its executive team is led by Chairman Jonathan Palmer-Brown, CEO John Holm, COO Margaret Ryan and Executive...
InsurTechNY Opens Application Window for 2020 InsurTech Startup Competition
Jan 7 2020 // InsurTechNY, an InsurTech community in the New York metro area spanning carriers, brokers, startups and investors, has opened the application window for the 2020 InsurTech Startup Competition. The competition has two...
Insurance Journal’s Top 10 East Region Stories of 2019
Jan 2 2020 // A new year is a time of reflection for some, and last year, the city of Boston began 2019 by reflecting on an important piece of the city’s history: the 100-year anniversary of The Great Molasses Flood. The flood,...
Home Insurance Insurtech Hippo Buys Home Services Startup Sheltr
Nov 25 2019 // Digital home insurance managing general agency Hippo Insurance has acquired an early-stage startup in a bid to beef up its digital home insurance services for clients, Carrier Management reported. The insurtech said it...
AXA XL Launches Risk Innovation Incubator Called ‘Cube’
Nov 20 2019 // AXA XL Insurance launched Cube, a risk innovation incubator, a six-week program designed to enable risk managers to work alongside AXA XL risk and innovation experts to develop innovative risk management solutions for...
Microsoft Puts Israeli Facial Recognition Startup Under Ethics Microscope
Nov 18 2019 // Microsoft Corp. has hired former U.S. Attorney General Eric Holder to investigate whether the use of facial recognition technology developed by an Israeli startup it funded complies with its ethics principles, the company...
Hartford InsurTech Hub Welcomes Top Startups for 2020
Nov 15 2019 // Hartford InsurTech Hub, powered by Startupbootcamp, has announced its 2020 cohort of startups. The past two cohorts have consisted of ten startups, and with the help of the Hub’s partners, the accelerator program...
Startup Zego Becomes 1st U.K. Insurtech to Get Insurance License
Nov 12 2019 // Zego has become the first ever U.K. insurtech to be awarded its own insurance license, which will enable it to build and sell its own products. While Zego will still work in tandem with its growing network of insurer...
Insurtech Funding Reaches $4.4 Billion to Date in 2019, Blowing Past Full-Year 2018
Oct 25 2019 // Insurtech funding levels, reaching almost $4.4 billion in worldwide funding commitments through three quarters of the year, has already surpassed the 2018 full-year total, Willis Towers Watson announced...
