Life insurance provider YuLife raises $70 million, puts life first

The business of life insurance isn’t exactly the most pleasant. It’s an industry based on providing a financial payout to loved ones upon your death. But what if instead of focusing on the end of days, a life insurance provider looked at, and encouraged, living better? That’s exactly what London’s YuLife is doing, and has […]

Insurtech in Europe: H1 2021 in review

(Editor’s note: this a guest post from Florian Graillot, co-founder and partner at Astorya.vc, a European early-stage insurtech-focused fund launched in October 2017.) What a first half of the year in the European insurtech scene: over €1.7B was invested across 52 deals. That’s basically more than 2019 and 2020 (read more) combined! Obviously, mega rounds […]

French insurtech Hoggo raises €11 million

I sometimes wonder if the legal, insurance, and New York City alternate parking rules are intentionally confusing. This is an oxymoron, as of course they are. But France’s Hoggo is seeking to change that. Residents will now be able to park on … oh no wait, they’re bringing insurers, accountants, and companies all to the […]

AI-powered insurance pricing automation platform Akur8 raises $30 million

Akur8, who uses a proprietary “Transparent AI” to automate insurance pricing, has landed $30 million from BlackFin Capital and MTech Capital in order to help actuaries and pricing teams make better, faster decisions. To date, Akur8 has raised $42 million. Founded in 2018 by Guillaume Beraud-Sudreau and Samuel Falmagne, Akura8 automates the generation of pricing […]

London’s AI-powered accident and disaster recovery platform Tractable raises $60 million in Series D round, joins the unicorn club

London-based accident and disaster recovery platform Tractable has raised $60 million in a Series D funding round led by Insight Partners and Georgian. The company reports that the new funding will be used to further focus on its core business, auto accident recovery. Partnering with a leading insurer in Japan, Tractable will also use the […]

London’s insurtech startup Urban Jungle raises €9 million

London-based contents insurance startup Urban Jungle has raised €9 million in its latest funding round that saw participation from existing investors Mundi Ventures, Eka Ventures, and several Angel Investors, including Rob Devey. The firm is reporting that its largest raise to date will be used to continuing scaling operations and add new insurance products to […]