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After raising $10M, Breeze breathes fresh air into a stagnant disability insurance market

TechCrunch

Working in the world of disability insurance for a decade, Colin Nabity felt not everyone could access this type of insurance due to its nature of it being difficult to understand and underwrite. Disability and critical illness insurance is typically income protection should someone be too sick or hurt to work.

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Nigeria’s Curacel raises funding to power insurance offerings and expand into North Africa

TechCrunch

of Africans are insured , which is less than half the global average of 6.3%, making it the least insured continent in the world. But soon, the co-founders realized a much bigger problem facing healthcare, particularly as regards insurance. As many as 2.8% Despite the abysmal number, there’s some good news.

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Shepherd raises $6.2M seed round to tackle the construction insurance market

TechCrunch

Shepherd , an insurtech startup focused on the construction market, has closed a $6.15 But companies like Shepherd — and Blueprint Title earlier this week — are wagering on there being margin elsewhere in the insurance world to attack. Frankly, TechCrunch finds the B2B neoinsurance startup market fascinating.

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Superscript, a bespoke insurance provider for SMEs, raises $54 million

TechCrunch

Superscript , an insurance broker and tech platform targeting SMEs and “high-growth” tech firms, has raised £45 million ($54 million) in a Series B round of funding. Founded out of London in 2015, Superscript constitutes two core insurance businesses: an online-only “self-serve” platform that’s available to U.K.

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Insurance IT leaders herald new era for digital customer experience

CIO

The insurance industry is undergoing a sea change, with IT playing a crucial role in rolling out digital customer experiences for policyholders and agents, as in-person meetings all but vanish in the post-pandemic era. IT as industry differentiator Insurers and financial services firms like MassMutual, of Springfield, Mass.,

Insurance 295
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Sayata adds $35M to Series A for business insurance

TechCrunch

Insurance broker and carrier marketplace Sayata took in $35 million in additional funds toward its Series A after raising $17 million in funds last August. Founded two years ago, the company offers a way for small and medium businesses to secure insurance. Securing business insurance takes a big chunk of a broker’s day.

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As Next Insurance makes its first acquisition, insurtech looks energetic

TechCrunch

Next Insurance , a startup that competes in the small business (SMB) insurance market, announced this morning that it has acquired its first company. Next Insurance raised $250 million earlier this year at a valuation of $2 billion , making it one of the richest startups to compete in the broad insurtech niche.

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