Tag: insurtech
Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation
Zego, the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised $150 million. Leading the London-based company’s C round — giving it a $1.1 billion valuation and a unicorn status…
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The technology selloff is getting to be somewhat material
Tech stocks are getting hammered today, with previously high-flying shares of software companies taking even more damage. For a sector that has enjoyed a year in the sun, recent trading sessions have punctured a period of market adoration. It is too soon to say that the market is repricing tech…
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InsurGrid raises pre-seed financing to help modernize legacy insurance agents
Insurance agents spend hours handling paperwork and grabbing client information over the phone. A new seed-stage startup, InsurGrid, has developed a software solution to help ease the process, and make it easier for agents to serve existing clients — and secure new ones. InsurGrid gives agents a personalized platform to…
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How will investors value MetroMile and Oscar Health?
Last night, MetroMile and SPAC INSU Acquisition Corp. II completed their combination, putting the per-mile auto insurance startup up for regular trading today for the first time. In the wake of last year’s debuts by neoinsurance companies Lemonade and Root, it’s not surprising to see others test the public markets.…
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Seyna is building an insurance-as-a-service startup for the French market
French startup Seyna is getting a new CEO. Stephen Leguillon is joining the company as chief executive while Philippe Mangematin is stepping back from day-to-day activities for personal reasons — he’ll become honorary chairman. If you’re not familiar with the company, Seyna is an insurtech startup that has obtained an…
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Insurtech’s big year gets bigger as Metromile looks to go public
What can we decipher from the latest wave of dollars crashing into the insurance technology market? Alex Wilhelm 1 day In the wake of insurtech unicorn Root’s IPO, it felt safe to say that the big transactions for the insurance technology startup space were done for the year. After all,…
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