Market
Insurtech in Germany
14 companies · 44 stories · $167.4M disclosed
Insurtech Daily tracks 14 insurance and insurtech companies headquartered in Germany — 7 insurers, 5 insurtechs and 2 reinsurers, across 44 stories going back to Aug 5, 2024. Between them they have disclosed $167.4M across 2 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 | |
| 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 | 14 | — |
| wefox | Insurtech | Berlin | 7 | $163.1M |
| ERGO | Insurer | — | 5 | — |
| Feather | Insurtech | Berlin | 3 | — |
| Neodigital | Insurer | — | 3 | — |
| Afori | Insurtech | — | 2 | $4.3M |
| Adam Riese | Insurer | — | 2 | — |
| Companjon | Insurtech | — | 2 | — |
| Friendsurance | Insurtech | Berlin | 2 | — |
| Hannover Re | Reinsurer | Hannover | 2 | — |
| HDI Global | Insurer | Hannover | 2 | — |
| Munich Re | Reinsurer | Munich | 2 | — |
| Talanx | Insurer | Hannover | 1 | — |
| W&W Group | Insurer | — | 1 | — |
Coverage
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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.
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Allianz to acquire HSBC Life Singapore
Global insurer Allianz Group (Allianz), through its wholly owned subsidiary Allianz Asia Holding Pte Ltd, has agreed to acquire composite insurer HSBC Life Singapore Pte Ltd (HSBC Life Singapore) from HSBC Holdings plc…
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Munich Re Reports €2.2 Billion Profit on ‘Very Low’ Major Losses
Munich Re reported second-quarter proft that exceeded analyst estimates on “very low” major-loss expenditures in its property-casualty reinsurance business. Net income amounted to about €2.2 billion ($2.5 billion) in…
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AI agents can help insurers preserve & harness critical institutional knowledge: ERGO & Google Cloud
A recent report from ERGO, in collaboration with Google Cloud, explores how self-evolving AI agents could help insurers capture, preserve and scale undocumented institutional knowledge at risk of being lost, making it…
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Allianz to Buy HSBC’s Singapore Insurer in $2.1 Billion Deal
Allianz SE agreed to buy HSBC Holdings Plc’s Singapore insurance unit for S$2.7 billion ($2.1 billion), marking a substantial expansion less than two years after another deal in the city-state fell apart. The two firms…
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Allianz UK expands Northern Ireland broker access with mini fleet launch
The digital rollout arrives in a market where premium finance costs and underwriting capacity have long lagged the rest of the UK
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Clyde & Co supports W&W Group’s digital insurance expansion with Neodigital portfolio deal
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HDI Hausratversicherung by Talanx AG - digital tools for everyday damage claims
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Allianz debuts digital-first car insurer Slick Cover
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Allianz UK launches car insurance brand Slick Cover
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Hannover Re finds a new way to fund favourite insurtech cedant
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Feather launches digital IPMI policy for expats
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Exclusive: Allianz hands cyber book to Coalition in deal set to push insurtech past $1 billion in premium
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Jio Financial Services and Allianz to form 50:50 primary insurance joint venture
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Jio Financial Services, Allianz to form 50:50 insurance JV, target ‘Insurance for All by 2047’
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AI tackles the $208B problem of catastrophic storms: Allianz
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Insurance moves: HDI Global, Acrisure London, AEGIS London, Waggel
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Allianz invests in Wrisk as part of Series B funding to accelerate embedded automotive insurance growth
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Afori secures €4m to launch AI for insurance brokers
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Insurance moves: Allianz UK, Zurich Insurance, HDI Global
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Former unicorn team to launch German startup Afori with €4 million to bring AI-powered efficiency to insurance brokers
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InsurTech Coterie receives strategic equity backing from Allianz X
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Feather launches digital car insurance for expats in Europe
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Feather Launches Updated Car Insurance For Expats in Europe
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wefox Raises €151 Million Following Business Restructuring - Fintech Schweiz Digital Finance News
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Business Moves: Insurtech Wefox Raises €151M to Build New MGA Focus, Core Markets
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Former insurtech unicorn wefox raises $177m in growth funding
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Berlin insurtech unicorn wefox raises €151M after major restructuring; eyes profitability and market growth in these countries
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ERGO Successfully Finalizes the Full Acquisition of NEXT Insurance
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Business Moves: Insurtech wefox to Sell Italian Businesses to PE Firm J.C. Flowers
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Swiss Re to transfer Australian direct life insurance portfolio to Hannover Life Re of Australasia
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Ergo Enters US Small Business Insurance Market With Full Buy of Next Insurance
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€170m Wefox deal headlines slow start to 2025 FinTech funding
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European InsurTech leader Wefox closes €170m refinancing deal
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Omio expands Omio Flex in partnership with insurtech Companjon
The 40 most recent of 44 stories naming a company based in Germany.