Reinsurance News

funding

JC Flowers completes fifth private equity fund with more than £1.1bn in commitments

4th August 2022

JC Flowers & Co. LLC, a leading private investment firm dedicated to investing globally in the financial services industry, has completed fundraising for its fifth private equity fund - JC Flowers V LP with more than $1.1 billion in commitments. Simpson Thacher & Bartlett LLP served as legal adviser for the fund. Limited partners in JCF V represent ... Read the full article

Insurtech Gateway completes first close on Seed Fund II

22nd July 2022

Insurtech Gateway, an independent insurtech incubator authorised by the FCA, has announced the first close of Seed Fund II. According to the announcement, this funding will allow the Gateway to support another 20 teams over the next 4 years from pre-seed to Series A. Insurtech Gateway was founded in 2016 with a ... Read the full article

Cinven raises €1.5bn for its first dedicated financial services fund

12th July 2022

International private equity investment group, Cinven, has closed its inaugural strategic financials fund (SFF) at €1.5 billion. The SFF builds on Cinven’s leading financial services investment platform in Europe with an investment strategy focused on areas where the company has developed significant investment expertise, such as life and non-life re/insurance, asset-backed ... Read the full article

Coalition raises $250m in Series F funding to support its cyber insurance solution

8th July 2022

Coalition has announced that it has raised an additional $250 million in Series F funding to accelerate its rapid growth, power international expansion, as well as broaden the services it offers to help organizations manage digital risk. The funding round closed in June, with participation from Allianz X, Valor Equity Partners, ... Read the full article

Ledger Investing raises $75mn in Series B Funding to democratize Insurance Risk Capital

22nd June 2022

InsurTech start-up, Ledger Investing has announced that it has raised $75 million in Series B funding led by WestCap, with participation from Teachers’ Venture Growth and Intact Ventures, and previous investors: SignalFire, MassMutual Ventures, Allegis Capital, and Accel. Ledger Investing will use the funds to accelerate revenue growth across its insurance-linked ... Read the full article

Surefire Cyber launches, receives $10m in funding

7th June 2022

Forgepoint Capital, a venture capital firm that focuses on cybersecurity investments, is pumping $10mn in Series A funding into Surefire Cyber -  an early stage start-up incident response company, created to help cyber insurers, brokers, law firms, and the organizations they support to better manage  major cyber events. With the rising ... Read the full article

Skyline gains $1.75m in further funding from West Hill to support next growth phase

18th May 2022

Parametric specialist, Skyline Partners has announced that it has gained an additional US$1.75mil in further funding from specialist corporate finance and VC firm, West Hill Capital, bringing the total raised so far to US$3.5mil from the firm and others. The new funding round will support Skyline’s continued expansion, following increasing traction ... Read the full article

Qoala becomes SEA’s fastest growing insurtech through $65m Series B funding

13th May 2022

Indonesian insurtech start-up Qoala, has announced that it has successfully raised Series B funding of US$65 million, a thirty times growth since the company’s Series A round in April 2020. The Series B funding was led by by Eurazeo with participation from other existing investors including Flourish Ventures, KB Investment, MassMutual ... Read the full article