Latest Startups Headlines

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

Online Startup Waada Buys Rival to Become Pakistan’s Largest Insurtech

Nov 7 2022 // Pakistani online insurance startup Waada acquired a local rival to create the South Asian nation’s largest player in the field, seeking to benefit from growth in the burgeoning market.The Karachi-based company took...

Hackers Targeting Tech Supply Chains Spur Security Startup Boom

Oct 19 2022 // Cyberattacks on the digital supply chain have become increasingly common, as hackers seek out weak links among makers of computer code and equipment to breach organizations that depend on the technologies.In 2020, for...

AgentSync CTO and Co-founder Jenn Knight Talks Startups, Scaling, and SaaS at Collision 2022

Aug 15 2022 // This post is part of a series sponsored by AgentSync.Collision, one of the world’s largest technology conferences, wrapped up its annual tech extravaganza in June. Founded by Paddy Cosgrave, David Kelly and Daire...

Insurtech Startup Quotech Announces £1 Million Investment Led by Re/insurer Convex

Aug 8 2022 // Quotech, the insurtech that creates data-taming systems for specialty insurers, brokers, and MGAs, has raised £1 million from a number of angel investors and Convex Group Ltd., the international specialty insurer and...

MGA Incubator NuVenture Launches Product Recall MGA BluNiche

Aug 4 2022 // NuVenture International, which incubates and supports managing general agents (MGAs) in the UK insurance markets, has announced the launch of its third MGA, product recall insurance specialist BluNiche.BluNiche was founded...

Insurtech Venture Capital Fund Seeks Digital MGA Startups for Lab

Jul 8 2022 // InsurTech Fund, a venture capital fund associated with InsurTech NY, has announced that it will be accepting applications for its first Digital MGA Lab, a three-month program focused on managing general agents.The program...

Texas-Based Injury Insurance Startup Spot Raises $33 Million

Jun 30 2022 // Spot, an Austin, Texas-based tech startup offering on-demand injury insurance, announced it has raised $33 million in funding, including $25 million in equity and $8 million in debt. The round was led by Ensemble VC, with...

Digital Insurer Startup Wefox Seeks Funding at Over $5 Billion Value

Jun 22 2022 // Wefox, the German digital insurer, is in advanced discussions to raise fresh funding at a valuation of $5 billion to $6 billion, people with knowledge of the matter said.The Berlin-based insurtech startup is aiming to...

Insurance Technology: Socotra Snaps Up Startup Portal; Marble Mobilizes Rewards App; RMS Unveils UnderwriteIQ; Vertafore Powers Tokio Marine Surety

May 26 2022 // Socotra Acquires Avolanta, Adding Unified Agent and Customer PortalInsurance carrier technology firm Socotra reports it has acquired Avolanta, a Columbia, South Carolina software startup offering a unified portal built for...

10 Startup Tech Firms Qualify for New York’s Innovation Lab 2022

Apr 5 2022 // Ten emerging technology companies have been selected to participate in the 2022 FinTech Innovation Lab New York, setting them up for a 12-week program working with financial services and venture capital executives.This...

Greenlight Re Innovations Invests in Australia’s Audit Insurance Startup AuditCover

Mar 25 2022 // Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., announced an investment in AuditCover Australia Pty Ltd., a tax audit insurtech.The amount of the investment was not disclosed. AuditCover is an...

Startup MGA Rising Edge Targets Low-Layer D&O Business

Feb 24 2022 // The co-founders of London-based Rising Edge aimed to create something different when they decided to launch a managing general agent in 2021, which focuses solely on directors and officers liability insurance.CEO Philippe...

Insurtech Startup Slide Agrees to Take On Troubled St. Johns HO Business

Feb 18 2022 // Things are moving fast in Florida’s distressed property insurance market.Just days after St. Johns Insurance Co. announced it would stop writing new homeowner business in Florida, the Demotech rating agency withdrew...

Parametric Insurtech Startup FloodFlash Raises $15M for International Expansion

Feb 11 2022 // FloodFlash, the UK parametric insurance technology company that pays catastrophic flood claims within 48 hours, announced a Series A capital raise of $15 million.The round was led by Chicago-based Buoyant Ventures with San...

Greenlight Re Innovations Invests in Cargo Insurtech Startup Redkik

Feb 11 2022 // Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., has announced an investment in insurtech startup Redkik Inc., a cargo insurance administration and analytics platform.Cargo insurance policies have...

Chile Insurtech Startup Betterfly Plans Overseas Expansion After $125M Funding Round

Feb 1 2022 // Chilean insurance-tech startup Betterfly plans to expand overseas after its latest funding round swelled its valuation to $1 billion.The company is preparing to begin operations in seven new markets in 2022 — Mexico,...

Insurance Technology: Great American, Assurely Offer D&O for Tech Startups; Tractable AI Assesses Building Damages; Pie Offers Pay-As-You-Go

Jan 25 2022 // Great American Insurance and Assurely Offer D&O to Startup FirmsThe Executive Liability division of Great American Insurance Group and the insurtech, Assurely, announced an agreement to offer directors and officers...

Israeli Cyber-Security Startup Pentera Raises $150M in Funding, Weighs IPO

Jan 11 2022 // Israeli cyber-security firm Pentera has raised $150 million in its latest funding round, taking the company’s value to $1 billion, the company told Reuters, adding it was eyeing an initial public offering in the...

Pro MGA Solutions Provides MGA Incubator Platform for Tierra Underwriting Ltd.

Dec 20 2021 // Global re/insurance adviser Pro Global Holdings Ltd. announced the incubation of environmentally focused managing general agent, Tierra Underwriting Ltd., by its independent managing general agent incubator subsidiary, Pro...

Artful Mosaic Insurance Creates Global Agility for Specialty Startup

Dec 16 2021 // Mosaic Insurance, the Bermuda-headquartered startup and Lloyd’s specialty insurer, operates with a unique structural twist. Its hybrid model has the flexibility of a managing general agent (MGA), the stability of a...