FinTech backer Polaris Partners picks fund size consistency with Fund IX launch
Polaris Partners, a buyout firm which has backed promising fintech startups in recent years, has launched its ninth flagship vehicle.
BlockClaim raises £500,000 in Seed round
Artificial intelligence and blockchain-supported InsurTech BlockClaim has raised £500,000 in its seed funding round.
Vertafore acquires VUE to improve distribution management
Digital insurance software provider Vertafore has acquired VUE Software to establish a more powerful insurance distribution management platform.
RegEd backed by Gryphon Investors
Compliance and regulatory management business RegEd is set to be bought out by PE house Gryphon Investors.
Lloyd’s selects REG to reduce administrative burden of coverholder compliance
REG, an online due diligence and regulatory compliance platform, has been selected by insurance giant Lloyd’s to assist in recording data and to help reduce the administrative burden on UK coverholders.
FRISS amasses €15m for insurance fraud, risk and compliance
FRISS, a provider of analytics software for fraud, risk and compliance to P&C insurers, has closed a €15m Series A funding round.
Social InsurTech startup Tribe gets BearingPoint backing
Oslo-based InsurTech startup Tribe has landed a new investment from BearingPoint as a part of the European consultancy’s venture efforts.
Singapore Life takes $50m in largest Asian InsurTech round
Singapore Life has raised $50m in the largest Asian InsurTech funding round to date. The Series A investment comes from Impact Capital, a subsidiary of Credit China FinTech Holdings, as well as UK-based investor IPGL.
Disability-focused InsurTech startup Getsurance nabs €2m
German InsurTech startup Getsurance has picked up €2m in a Seed round of funding. The investment comes from Rocket Internet founder Alexander Samwer’s Picus Capital, Postfinance Bank and IBB.
Allianz backs InsurTech darling Lemonade
InurTech startup Lemonade has secured funding from global insurance giant Allianz. The terms of the deal are undisclosed.
