Latest Startups Headlines
All the headlines from our Startups Topic Page, ordered by recency.
Allianz Investment Unit Provides Funding for Fintech Startup C2FO
Feb 27 2018 // Financial technology startup C2FO raised $100 million in funding in a new round led by the investing arm of global insurance and asset management giant Allianz SE as well as Abu Dhabi’s Mubadala Investment Co. With...
Zurich, Insurtech Startup CoverWallet Offer End-to-End Insurance for SMEs in Spain
Feb 16 2018 // Zurich Insurance has launched ZurichEmpresas.es, a new digital distribution channel, which initially will provide insurance solutions for small-and-medium-sized enterprises (SMEs) in Spain. The platform, powered by...
Munich Re Leads $16.5M Financing for AI, IoT Startup Mnubo
Jan 31 2018 // Munich Re’s HSB Ventures led a $16.5 million venture financing for Mnubo, an Internet of Things (IoT), data analytics and artificial intelligence (AI) startup, which is seeking to expand internationally. Founded in...
UK Insurtech Startup Inzura Raises $1M for International Growth Plans
Jan 31 2018 // Inzura, the London-headquartered insurtech startup, announced the completion of its first major funding round, raising US$1 million to pursue its “ambitious growth plans.” The funds will be used to accelerate...
Startup Neptune Offering Digital Private Flood Product to Agents, Carriers in Nationwide Expansion
Jan 25 2018 // A digital startup private flood insurance provider, Neptune Flood, has secured $2 million in seed round funding and has plans to “aggressively expand” nationwide by offering its platform to carriers, agencies...
Japan’s SoftBank Eyes Taking Stake in India Insurance Startup: Sources
Jan 25 2018 // SoftBank Group Corp. is in talks to back leading online insurance aggregator PolicyBazaar at a valuation of at least $800 million, according to people familiar with the matter. The two sides are examining how the Japanese...
Industry Needs to Join Insurtech Wave to Digitize Insurance: AFL’s Esser
Jan 18 2018 // There is a fundamental need for reform and modernization, particularly in the London market. We should be electronically processing all lines of business, not just specialty classes. Of course, we should look at ubiquitous...
Startups Selected for Inaugural InsurTech Acceleration Program in Hartford
Jan 8 2018 // Hartford InsurTech Hub, an initiative established in 2017 by Hartford, Conn.-based insurance companies, the city of Hartford and CTNext, has selected the 2018 group of 11 startups that will participate in its inaugural...
Startup Trov, Munich Re to Insure Riders of Waymo’s Self-Driving Car Service
Dec 20 2017 // Trov, an on-demand insurance startup, plans to provide trip insurance for passengers using Waymo’s soon-to-be launched self-driving, ride-hailing service. Waymo, formerly Google’s self-driving car project,...
Startups Selected for Inaugural InsurTech Acceleration Program in Hartford
Dec 14 2017 // Hartford InsurTech Hub, an initiative established in 2017 by Hartford, Conn.-based insurance companies, the city of Hartford and CTNext, has selected the 2018 group of 11 startups that will participate in its inaugural...
Ohio InsurTech Startup Root Insurance Adds Allison as General Counsel
Dec 8 2017 // Columbus, Ohio-based auto insurance startup, Root Insurance, has hired Jon Allison as its first general counsel. Prior to joining Root, Allison served on the senior management team of CareSource, a regional non-profit...
Artificial Intelligence Startup Cytora Raises $5.9M from QBE, Starr, Other Investors
Dec 6 2017 // Artificial intelligence startup Cytora has raised $5.9 million in new financing from investors including divisions of QBE’s venture capital arm and Starr Cos. QBE Ventures, Starr Global Holding, Cambridge Innovation...
Insurtech Startup Debuts with $6M and Proactive Cyber Risk Product
Dec 4 2017 // A California insurtech startup with a new cyber product has launched to offer brokers and their clients what it calls “redesigned insurance, with cyber security expertise at its core.” Mountain View,...
AFL Insurance Brokers Taps RK Harrison’s Stagg to Drive Tech Innovation
Dec 1 2017 // AFL Insurance Brokers Ltd. announced that re/insurance broker George Stagg has joined the company to lead its technology incubator division as associate director, innovation. Stagg joins from RK Harrison, where he was most...
Chinese Startup Develops ‘Taxi Drone’ with Plans for 2018 Rollout
Nov 29 2017 // A Chinese startup has developed a flying car that it plans to roll out as soon as next year. EHang Inc.’s E-184 drone can carry one passenger in its small cockpit, but the firm says it’s working on a model that...
Insurance Startup Berkley One Launches in Illinois
Nov 28 2017 // Startup insurance provider, Berkley One, has launched in Illinois, the first state of a planned national state-by-state rollout. Working with a select group of independent agents, Berkley One offers home, automobile, fine...
USAA Among Backers of Home Water Damage Prevention Startup Flo
Nov 20 2017 // Flo Technologies has unveiled Flo, an intelligent home water monitoring and conservation system that promises to help reduce water damage insurance claims. The startup has raised a total of $11.5 million from investors led...
Insurtech Startup Debuts with $6M and Proactive Cyber Risk Product
Nov 16 2017 // A California insurtech startup with a new cyber product has launched today to offer brokers and their clients what it calls “redesigned insurance, with cyber security expertise at its core.” Mountain View,...
Xceedance Makes Equity Investment in Startup Blockchain Specialist ChainThat
Nov 14 2017 // Xceedance, the provider of insurance consulting, managed services, technology and data sciences, announced a multi-million dollar “Series A” equity investment in ChainThat, a London-based blockchain specialist...
French Startup Navya to Roll Out $290,000 ‘Robotaxi’ in Paris Within Weeks
Nov 8 2017 // Navya Technologies SAS will roll its robot-driven automobiles onto the cobbled streets of Paris in the next few weeks to try and beat behemoths from General Motors Co. to Alphabet Inc. at proving autonomous cars are...
