Embroker plans to utilize the new funding to expand the company into a full-stack insurtech by building its own insurance carrier.

He is the first from the insurance category to win the award.

The company has raised $35 million in a Series B funding round.

Vave is an algorithmic underwriting platform.

Automotive Ventures was founded in 2014 by Steve Greenfield, an industry expert on mergers, acquisitions, strategy, and capital raises. 

The round included IA Capital, Nationwide, Cofounders Capital, Fin VC, and Cameron Ventures.

Baloise’s motor vehicle fleet insurance enables companies to insure their entire vehicle fleet at its replacement value.

Founded in 2014, DabaDoc digitizes access to healthcare in Africa.

To date, the company has raised ~€66 million. 

Founded in 2017, Neon offers an app-based banking solution where users can open a bank account and get a free Mastercard with low fees.

Through the transaction, Hiscox has ceded net insurance reserves of approximately $520 million at 31st December 2020 relating to 2019 and prior-year business.

The companies will develop data-powered solutions for transportation departments and cities to improve road safety across the US.

The company is backed by Japanese insurer SOMPO Holdings.

The companies will be collaborating on an autonomous vehicle trial.