Fabric nabs $2.5m to simplify life insurance
Life insurance startup Fabric has pocketed $2.5m in a Seed round led by Bessemer Venture Partners. The startup's basic package only covers accidental death, which it says is the primary cause of death for 25 to 34-year olds.
Simplesurance lands Rakuten backing as funding passes €30m
Japanese web giant Rakuten is making another European investment through its $100m FinTech fund backing insurance e-commerce startup Simplesurance.
Insurify takes $4.6m for car insurance comparison bot
Insurance policy comparison bot Insurify has raised $4.6m in a Series A round co-led by MassMutual Ventures and Nationwide Ventures.
EverQuote lands additional $13m for insurance marketplace
Online insurance marketplace EverQuote is adding $13m to its $23m Series B round and appointing a new member to its board.
Cuvva parks £1.5m for pay-as-you-drive insurance
Pay-as-you-drive car insurance startup Cuvva has raised £1.5m in a new round of funding led by LocalGlobe.
Swiss insurer Helvetia looks to back startups with $55m VC fund
Swiss insurer Helvetia is the latest traditional institution to move into startups investment with the launch of its newly established venture fund.
BoughtByMany grabs £7.5m for group-powered insurance
London-based insurtech startup BoughtByMany has raised £7.5m in a Series A round. Octopus Ventures led the investment.
Aquiline to focus on InsurTech, FinTech with new fund
Aquiline Capital Partners, a mid-market firm investing in the financial services sector, has launched a new Technology Growth Fund.
Zipari nabs $7m for predictive health insurance CRM
Insurance CRM provider Zipari has secured $7m in a Series A round led by Vertical Venture Partners.
Stonestep nabs $4m to take microinsurance to Asia
Microinsurance firm Stonestep has nabbed $4m in a Series A funding round. The investment comes from insurtech investor XL Innovate.
