Raincoat, a startup developing scalable climate insurance solutions that enable instantly processed individual claims, today announced the closing of an additional $6.5 million seed round bringing its total raised to date to $11 million.

Insurance fraud has witnessed a sharp increase of 61% amid the ongoing cost of living crisis, according to new figures released by the City of London Police's Insurance Fraud Enforcement Department (IFED).

Blink Parametric has announced a strategic partnership with CPP Italy and Europ Assistance Italy.