Avanta Ventures, the venture capital arm of CSAA Insurance Group, has hit a $225m final close for its second early-stage investment fund. The post Avanta Ventures eyes next wave of insurtech startups with $225m Fund
Fintech focused investment house Aquiline Capital has agreed to acquire a majority stake in UK-based digital underwriting and insurance distribution platform Ripe following a 27% revenue growth last year. The post Aquiline Capital to buy
Private equity major GTCR has bought insurtech business Global Claims Services. The post GTCR buys into insurtech major Global Claims Services first appeared on AltAssets Private Equity News.
Insurtech-focused venture capital firm Eos Venture Partners has hired Zach Powell as general partner to be based in South Carolina. He will be responsible for investment identification. The post Eos Venture Partners hires Zach Powell
Israel-based venture capital house FinTLV has raised $120m for its second fund targeting global growth-stage insurtech and fintech companies.
InsurTech BIMA has raised a $30m round with the goal of using the money to drive mass adoption of digital health and InsurTech solutions in emerging markets.
Private equity house Thoma Bravo has upped its previously agreed deal for cloud insurance software provider Majesco to $729m amid rival interest from a new suitor.
InsurTech business Hippo has cemented its place in the coveted unicorn club by raising a $150m round at a $1.5bn valuation.
Insurance marketplace PolicyBazaar has reportedly raised a further $130m from SoftBank, despite the chief executive believing the previous expansion efforts led by the mega investor were a "mistake."
Concirrus, an insurance software developer, has raised another $6m in funding, hot on the heels of its recent $20m Series B round.
