Latest Startups Headlines

All the headlines from our Startups Topic Page, ordered by recency.

Reinsurers, Insurtech Startups Increasingly Seek Mutually Beneficial Partnerships

Jul 18 2018 // Reinsurance companies increasingly are funding insurtech startups in order to structure more innovative products and improve their business efficiencies, but how much impact on the industry will these investments...

Canada’s Fineqia International Takes Stake in Blockchain Startup Black Insurance

Jul 11 2018 // Fineqia International Inc., a Vancouver-based technology company, announced it is taking an equity allocation in Black Insurance, a blockchain insurance startup.Terms of the investment were not disclosed, but Fineqia said...

Planck Re, a Commercial Insurance Data Platform Startup, Raises $12M

Jul 6 2018 // Planck Re, a commercial insurance data platform startup, nailed down $12 million for its first formal financing.Arbor Ventures led the round, which also included Viola FinTech and Eight Roads. Plans call for the company to...

Amazon to Buy Online Pharmacy Startup PillPack as Entry Into Health Care

Jun 28 2018 // Amazon.com Inc. agreed to buy the online pharmacy startup PillPack, jumping into the health care business with a deal that will give the retail giant an immediate nationwide drug network.The move represents a formidable...

Auto Supplier Bosch Teams with Startup Mojio to Connect Vehicles to Digital Services

Jun 28 2018 // German auto supplier Robert Bosch GmbH is teaming with Canadian startup Mojio to get more vehicles connected wirelessly to a wide range of digital services, from insurance companies to emergency responders, the companies...

Zurich Insurance Buys Minority Stake in InsurTech Startup CoverWallet

Jun 11 2018 // Zurich Insurance Group has acquired a minority stake in CoverWallet, a digital business insurance agency startup.CoverWallet, which launched in 2016, said the investment builds on commercial partnership between the two...

How to Succeed in Today’s Small Business Insurance Market

May 30 2018 // The small business market is big. The U.S. small commercial market represents about one-third of the total commercial lines market and generates between $99 billion and $103 billion in direct written premium, according to...

MGA Boost Provides Insurtechs with Insurer Access, Backend Operations

May 17 2018 // Boost Insurance has nailed down a dedicated reinsurance facility to help support its B2B insurtech development platform.Nephila is leading the facility with participation from Markel Digital, the insurtech group within...

Cyber Insurance Startup At-Bay Secures $13 Million in Funding

May 9 2018 // California-based At-Bay, a digital cyber risk monitoring and insurance firm, reports it raised $13 million in Series A funding, bringing the start-up’s total funding to $19 million.At-Bay is developing what it calls...

Nationwide Ventures Backs Drone Data Startup Betterview

May 9 2018 // Nationwide has made an investment in Betterview, a machine learning insurtech startup that focuses on analyzing data from drones, satellite and other aerial imagery.Betterview said it will use the undisclosed amount of...

Hartford Insurtech Hub Gives 10 Startups Shots at Partnerships with Insurers

May 7 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management at the...

State Auto Venture Fund Backs 3-D Media Startup

May 3 2018 // State Automobile Mutual Insurance Co.’s newly launched $25 million venture fund has made its first investment. The lucky winner is Matterport, a 3-D documentation firm that can be used in underwriting and...

Hartford Insurtech Hub Gives 10 Startups Shots at Partnerships with Insurers

Apr 23 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented their ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management...

Wisconsin-Based Accelerator Boosts Startups in Insurance and Beyond

Apr 16 2018 // The insurance industry is not the only focus of the Madison, Wisconsin-based startup accelerator, gener8tor, but insurance is its oldest and largest operational sector.Founded in 2012 by attorneys Troy Vosseller and Joe...

Investment in Innovation to Rock Chicago Stadium at Insurtech Conference

Apr 5 2018 // Three stages, a packed football stadium overlooking Lake Michigan, decked out luxury suites.A rock concert? No, it’s an insurance innovation and investment event. But some attendees might be star-struck by the...

Chubb Invests in Startup Bunker to Develop Gig Worker Insurance

Mar 29 2018 // Bunker and Chubb are working together to develop new insurance products focused on freelance workers.Chubb has also become a minority investor in Bunker, committing at least $2 million to the startup digital broker and its...

Startup Auto Insurer Root Raises $51 Million for Further Expansion

Mar 27 2018 // Columbus, Ohio-based auto insurer Root Insurance, which incorporates individual driver behavior data from mobile phone apps in every quote, announced the closing of a $51-million Series C funding round.Investors were led...

Cloud-Based Insurtech Startup Insly Raises €2.2M ($2.7M) in Funding

Mar 23 2018 // Insly, a cloud-based insurance platform, announced an investment of €2.2 million (US$2.7 million), led by Concentric and Black Pearls VC.Founded in 2015, Insly offers insurance policy management for insurance brokers and...

Startup Agency Gabi CEO: ‘We Don’t Want to Eliminate Agents’

Mar 20 2018 // Editor’s Note: On Feb. 21, Insurance Journal reported on online personal lines insurance startup Gabi’s latest fundraising. (Personal Insurance Site Gabi Raises $9.5 Million; Now Selling in 6 States). In its...

Startup California Construction Company Working on Robotic Vehicles

Mar 20 2018 // As a teenager working for his dad’s construction business, Noah Ready-Campbell dreamed that robots could take over the dirty, tedious parts of his job, such as digging and leveling soil for building projects.Now the...