All the headlines from our Funding Topic Page, ordered by recency.
Mar 16 2017 // Weather Analytics, a provider of weather and predictive risk software for the insurance industry, reported that global insurers Tokio Marine HCC and W. R. Berkley Corp. together have funded a $17 million Series B financing...
Feb 8 2017 // The insurance industry has a new venture capital firm looking to make early to growth-stage investments in innovative insurance technologies.David Miles, a 30-year insurance investment veteran and owner of the insurance...
Feb 7 2017 // Prem Watsa’s Fairfax Financial Holdings Ltd. is expected to raise about $500 million for its new African investment fund, attracting less than its original goal as investor interest in the region proved weaker than...
Jan 24 2017 // Neon has expanded its M&A consortium, with capacity increasing from £50 million ($62.2 million) to £75 million ($93.3 million), effective on Jan. 1, 2017.The consortium is led by Neon and is 100 percent backed by...
Jan 9 2017 // The Insurance Industry Charitable Foundation (IICF), a nonprofit organization working with the insurance industry to help communities and enrich lives, had more than 900 insurance professionals attend its 10th annual...
Dec 28 2016 // Fairfax Financial Holdings Ltd., the Canadian insurer that made its largest acquisition last week, is selling shares in an initial public offering for a fund that will make investments in Africa. The company is seeking to...
Dec 20 2016 // The Insurance Industry Charitable Foundation (IICF), a nonprofit organization working with the insurance industry to help communities and enrich lives, has announced that more than 900 insurance professionals attended its...
Dec 20 2016 // Dolly Parton says a star-studded telethon for those affected by recent wildfires in her native Tennessee has brought in about $9 million. Parton headlined the event on Dec. 13 that was broadcast on several cable networks...
Dec 14 2016 // Mountain View, Calif.-based startup Hippo today announced it has closed a $14 million Series A round.The funding was led by Horizons Ventures, which invests in disruptive technology and startups. It was joined by RPM...
Nov 18 2016 // The Insurance Industry Charitable Foundation’s (IICF) Midwest Division raised more than $8,000 through its World Series-related fundraiser to support its Midwest Division Community Grants Program.The program helps...
Nov 1 2016 // Indio, a commercial insurance platform for brokers that aims to do what Sabre did for travel agents or Schwab did for wealth managers, said it has secured $2 million in seed financing.Venture capital firms NEA, Compound,...
Oct 21 2016 // Venbrook Group nailed down $42 million in new financing from Madison Capital Funding, a subsidiary of New York Life, and some of the money has already helped back an acquisition that expands its scope in the U.S....
Oct 21 2016 // Somerset Reinsurance Ltd. has increased its common share capitalization to $375 million, including investments from three strategic investors and a diverse group of high net worth investors.Somerset Re provides customized...
Oct 20 2016 // Digital insurance matchmaker EverQuote Inc. reports that it closed a $23 million Series B investment led by Maryland-based Savano Capital Partners, with participation from Stratim Capital, Oceanic Partners and T Capital...
Aug 24 2016 // Even though venture capital investments in venture capital-backed financial technology (fintech) companies fell more than 50 percent globally during the second quarter of 2016, interest in insurance technology startups...
Aug 1 2016 // Fosun Group, one of China’s most acquisitive conglomerates, is preparing to sell as much as 40 billion yuan ($6 billion) in assets as it focuses on raising its credit rating to above junk.After announcing more than...
Jul 18 2016 // BP Plc has raised the total liability from the Deepwater Horizon oil disaster, which triggered the worst offshore oil spill in U.S. history, by $5.2 billion to $61.6 billion before tax.The London-based company expects to...
Jul 6 2016 // Harrington Re, a fledgling Bermuda operation sponsored by AXIS Capital Holdings Ltd., has raised $600 million in capital designed to beef up underwriting and investment plans put forth by its sponsor. Blackstone Group will...
Jun 9 2016 // Delta Lloyd NV may raise as much as 198.4 million euros ($226 million) through the sale of its stake in wealth manager Van Lanschot NV after shares were priced at 16 euros apiece.The offering size was 180 million euros...
May 20 2016 // Liberty Mutual Global Consumer Markets has formed a new venture capital initiative focused on technology and the insurance industry. Liberty Mutual Strategic Ventures (LMSV), a $150 million early stage venture fund, is...