Funding
Trade credit insurtech Hokodo's UK parent enters solvent liquidation
Shareholders resolved on 20 October to wind up Hokodo Ltd, months after the founders said they had closed the business in late 2025.
Topic
Funding
AI
Allianz X co-leads $200m round in AI specialty underwriter Ledgebrook
Allianz Re has also agreed to enter a multi-year reinsurance agreement with the US firm, which writes only through wholesale brokers.
Funding
AI insurance broker i23 raises £4.9m seed round from UK investors
Former City minister Bim Afolami co-founded the London start-up, which Sky News reported is expected to buy an existing broker.
Funding
CoverGo raises $6m in Series B1 led by Betatron for AI-native core platform
The core systems vendor says revenue has grown tenfold since its 2022 Series A and it has reached EBITDA breakeven.
Funding
Brazil's Alice raises $40m led by IFC for AI-run health plan
The Brazilian corporate health plan operator says AI has cut its operational care costs by 18%.
Funding
Wildfire home insurer Stand raises $70m at a $1bn valuation
The insurer now covers more than $10bn of property, up from $1bn a year earlier, and is reinsured by Arch and RenaissanceRe.
Funding
Bind AI launches with $10m for quote-to-bind software used by brokers
The New York start-up says its software is already live with hundreds of US insurance agencies.
Funding
Harbor emerges from stealth with $10m to measure and insure AI agent risk
The San Francisco start-up lists a firm's AI agents, scores their risk and insures what remains, backed by Base10, Abstract and 8VC.
