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Insurance technology company Lemonade raised $120 million in Series C financing, led by SoftBank Group. Aleph Venture Capital, Allianz Digital Corporate Ventures, General Catalyst Partners, GV, Sequoia Capital, Sound Ventures, Thrive Capital, Tusk Ventures, and XL Innovate also participated. Lemonade is a licensed insurance carrier

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Insurance technology company BIMA secured $96.6 million in financing from Allianz X. BIMA uses mobile technology to provide insurance and health services to emerging markets. It has established partnerships with mobile operators and international insurers in 14 countries across Africa, Latin America, and Asia Pacific. The new

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