Market
Insurtech in Germany
20 companies · 82 stories · $180.4M disclosed
Insurtech Daily tracks 20 insurance and insurtech companies headquartered in Germany — 8 insurtechs, 7 insurers and 2 reinsurers, across 82 stories going back to Aug 5, 2024. Between them they have disclosed $180.4M across 3 funding rounds, the largest wefox's $163.1M. Every figure is compiled from the coverage on this page.
Funding
| Company | Stage | Lead investor | Source | ||
|---|---|---|---|---|---|
| wefox | $163.1Mas reported: €151M | Growth | — | FintechNews CH+3 | |
| Baobab Insurance | $13.0Mas reported: €12M | — | — | EU-Startups | |
| Afori | $4.3Mas reported: €4M | — | — | FinTech Global+1 |
Every round is listed with its reporting in the funding tracker, and totals across all markets in the company ranking.
Companies
| Company | Type | Based | Stories | Disclosed |
|---|---|---|---|---|
| Allianz | Insurer | Munich | 22 | — |
| Munich Re | Reinsurer | Munich | 16 | — |
| wefox | Insurtech | Berlin | 7 | $163.1M |
| ERGO | Insurer | Düsseldorf | 6 | — |
| Friendsurance | Insurtech | Berlin | 6 | — |
| HDI Global | Insurer | Hannover | 4 | — |
| adesso | Technology vendor | Dortmund | 3 | — |
| Feather | Insurtech | Berlin | 3 | — |
| Hannover Re | Reinsurer | Hannover | 3 | — |
| Neodigital | Insurer | — | 3 | — |
| omni:us | Insurtech | Berlin | 3 | — |
| Afori | Insurtech | — | 2 | $4.3M |
| Companjon | Insurtech | — | 2 | — |
| Baobab Insurance | Insurtech | Berlin | 1 | $13.0M |
| bsurance | Insurtech | Berlin | 1 | — |
| CLARK | Broker | Frankfurt | 1 | — |
| Cleversoft | Technology vendor | — | 1 | — |
| DR-WALTER | Insurer | — | 1 | — |
| Talanx | Insurer | Hannover | 1 | — |
| W&W Group | Insurer | — | 1 | — |
Coverage
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Insurance moves: Skyline Public, Marsh, Smart Choice, HDI and Verisk
They include a new VP of AI strategy and a new CMO
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Allianz UK expands digital financial lines offering
The insurer says the change has reduced referrals and contributed to a 15% increase in its quote rate.
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Nina Arquint named President, Commercial, EMEA of Allianz Commercial and AGCS
Allianz Commercial, the corporate insurance division of Allianz Group, has announced the appointment of Nina Arquint as President, Commercial, Europe, Middle East and Africa (EMEA) of Allianz Commercial and Allianz…
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‘Flight to quality’ creates opening for HDI Global’s US push: CEO
Cyber and casualty are central to the expansion plans, but Shadi Albert says profitable growth and disciplined underwriting will guide the strategy
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Insurance moves: Windward Risk, Hannover Re US, Ameritas, Sunstar, Ames & Gough, Amica, more
Eight appointments span Florida homeowners carriers, life reinsurance pricing, cyber underwriting, agency integration and claims leadership. The common thread is carriers and brokerages filling roles that sit closest to…
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Munich Re to acquire cyber insurtech At-Bay for $575 mn
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AM Best places At-Bay under review with positive implications amid Munich Re acquisition
Credit ratings agency AM Best has placed At-Bay Specialty Insurance Company (ABSIC) under review with positive implications following the recently announced acquisition of its parent company, At-Bay, Inc., by Munich Re…
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Munich Re Group to Acquire Cyber Insurtech At-Bay
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Munich Re’s $575m bet on the SME cyber risk gap
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At-Bay to Be Acquired by Munich Re for $575 Million
Munich Re Group on Aug. 19 said it has agreed to acquire cyber InsurTech At-Bay Inc. for $575 million. The cyber insurance and managed detection and response (MDR) provider primarily serving small- to medium-sized…
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Munich Re Buys Israeli Insurtech At-Bay for $575M
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Munich Re acquires cyber insurtech At-Bay for US$575 million
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Munich Re to acquire cyber insurtech company At-Bay for $575m
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Munich Re To Acquire US Cyber Insurtech In $575M Deal
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ERGO NEXT Survey: 80% of New Entrepreneurs Expect Rising Risks as AI Adoption for Insurance Grows
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Munich Re confirms deal to buy cyber insurtech At-Bay for $575 million
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Munich Re to Buy Cyber Insurtech At-Bay for $575 Million
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Munich Re to acquire Israeli startup At-Bay for $575 million
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Munich Re To Acquire US Cyber Insurtech In $575M Deal
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Munich Re to acquire cyber insurtech company At-Bay for $575m
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adesso acquires claims automation startup omni:us
omni:us will continue operating under its existing brand.
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Berlin's AI InsurTech startup omni:us acquired by Dortmund’s adesso to embed AI into core insurance systems
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adesso Acquires AI Claims Platform omni:us to Advance AI Agents for Insurers
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Global data centre insurance market projected to exceed $24bn by 2030: Allianz Commercial
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Data centre insurance market forecast to exceed $24bn by 2030: Allianz
The global data centre insurance market is forecast to more than double to over USD $24 billion by 2030, as the rapid expansion of artificial intelligence infrastructure increases the value, complexity and concentration…
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Cleversoft to buy FS Assist to expand insurance reporting footprint
The cleversoft group, a leading provider of regulatory technology solutions for the financial services industry, today announced the signing of a definitive agreement to acquire UK-based FS Assist, a trusted specialist…
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Allianz joins Sky Protect home insurance panel
Beyond Allianz, the media and telecommunications company works with Zurich, Ageas, and AXA.
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Cover Genius Acquires Berlin Insurtech Friendsurance
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Egypt's Financial Regulator Admits Two More AI Insurance Projects to Sandbox, With Allianz Among Them
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Allianz expands Asia strategy with UOB Asset Management acquisition
Allianz SE has agreed to acquire United Overseas Bank's asset management business for S$555 million (US$433 million), strengthening its asset management presence in Asia as the German insurer continues its regional…
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Insurtech Cover Genius acquires Friendsurance for Europe bancassurance
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Allianz launches wildfire detection system in Spain
Allianz is testing whether earlier warnings can turn wildfire technology into a policyholder service—and potentially reduce claims before they occur.
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Cover Genius to accelerate embedded protection across European banking with Friendsurance acquisition
Cover Genius, the global infrastructure for embedded protection, has acquired Friendsurance, the Berlin-based insurtech and digital bancassurance platform for insurers and banks. Through this transaction, Cover Genius…
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Cover Genius acquires Friendsurance to strengthen European embedded insurance strategy
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Allianz backs Dili
Dili is an AI-powered compliance platform serving energy, infrastructure, construction and manufacturing projects.
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Cover Genius Acquires Friendsurance to Expand Embedded Insurance Platform Across European Banking
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Munich Re Specialty launches parametric earthquake insurance for corporates in Japan
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Cover Genius Acquires Friendsurance to Accelerate Embedded Protection Across European Banking
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Adam Riese to acquire Neodigital’s insurance portfolio
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Adam Riese to acquire Neodigital’s insurance portfolio
The transaction will nearly double Adam Riese’s customer base from approximately 500,000 policyholders to almost 1 million.
The 40 most recent of 82 stories naming a company based in Germany.