TDI Daily Newswire - 23rd November 2021

Published: Tue, 11/23/21

Welcome to The Digital Insurer Newswire, a daily updated selection of curated InsurTech and digital insurance news from around the web.

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Slide raises $100mn in Series A funding round

Homeowners insurtech Slide has announced it has raised $100 million in a Series A funding round, led by Gries Investment Funds and Tampa Bay Ventures. Slide’s technology leverages a dataset to power new advances in artificial intelligence and machine learning for modern homeowners.

REINSURANCE NEWS

Experian acquires Gabi for $320 million

Experian disclosed its half-yearly financial results where it shared that it acquired US-based insurance aggregator Gabi for $320 million and Brazil-based digital payments fintech PagueVeloz for $33 million.

COVERAGER

Resilience Closes $80 Million Series C Funding Round

Resilience, an industry leader in cyber insurance and security solutions, announced today that it closed an $80 million Series C funding round, co-led by General Catalyst and Corey Thomas of Rapid7, with participation from Lightspeed Venture Partners, Founders Fund, Charles River Ventures, Shield Capital, and Intact Ventures.

PR NEWSWIRE

Vertafore takes over US insurtech AgencyZoom

Insurance software solutions provider Vertafore has bought cloud-based insurance sales automation platform AgencyZoom. The deal is part of the broader plan of Vertafore to automate operations and is said to help realise the firm’s aim for a “connected modern agency”.

LIFE INSURANCE INTERNATIONAL

Wildfire reinsurance insurtech Kettle raises $25m Series A

Kettle, the reinsurance focused deep-learning and artificial intelligence (AI) insurtech that currently focused on California wildfire risks, has raised a $25 million Series A funding round to help it expand its business and further develop its advanced technologies.

ARTEMIS

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