Canadian InsurTech Finaeo Secures $5.35M Through Latest Investment Round Led By...

Finaeo, a Canada-based InsurTech startup focused on the life insurance marketplace, announced this week it secured $5.35m through its latest investment round, which was led by Luge Capital. Read more: crowdfundinsider.com

AXA XL and Assurely Join Forces to Advance Crowdfunding With Investor...

Assurely has announced it has launched in collaboration with AXA XL, a division of AXA, CrowdProtector™, a new insurance product for issuers and investors that safeguards new online capital formation strategies, including equity crowdfunding and security token offerings (STOs). Numerous crowdfunding portals have already signed on, with a growing list of adopters to follow. Read more: thefintechtimes.com

Blockchain Insurance Consortium B3i Quietly Raises $16M

B3i, a blockchain startup owned by some of the world’s largest insurance companies, quietly raised about $16m last month, bringing its total capital to over $22m, according to corporate registry filings in Switzerland. Read more: coindesk.com

U.S. Insurtech Corvus Launches Smart Cyber Excess Insurance Policy with $10...

Corvus, a U.S.-based InsurTech startup, announced last week the launch of its Smart Cyber Insurance product lines. Read more: crowdfundinsider.com

Philippine-based InsurTech Startup Gets $1m Seed Funding from Sage Venture, Talino...

Philippine-based InsurTech startup Saphron has completed a US$1m seed funding with Sage Venture and Talino Venture Labs. Read more: techinasia.com

CXA Nabs $25m Fresh Capital, Welcomes New Strategic Partners

Singapore-based healthtech platform CXA announced that it raised US$25 million in a recent fundraising round. Read more: techinasia.com

UK InsurTech Sector Gets New Legal Resource

The UK Insurtech Board has unveiled a toolkit of legal documents designed to make it easier for ambitious insurance technology startups to forge commercial relationships with corporate partners. Read more: finextra.com

Wefox Smashes It with $125m Funding

Wefox, the Berlin-based InsurTech firm has raised $125 million for its Series B round, led by Mubadala Investment Company’s newly created European Ventures Fund, reports Rocio Sarriegui at Insurtech Rising. Read more: bankingtech.com

What can InsurTechs do to overcome scaling barriers?

 Getting InsurTechs to the point where they can test the product-market fit of their proposition is too prolonged and costly, according to InsurTech Gateway head of deal flow Charlie Evans. Read more: fintech.global

Thai InsurTech company Sunday nets $10m in its funding round

Thailand-based InsurTech startup Sunday has netted $10m in its Series A round of funding. Read more: member.fintech.global