AI-native insurer MGT closes $21.6m Series B funding round

Share!

Reinsurance News - Oct 17, 2025

MGT, a vertically AI-native neo-insurer, has closed an oversubscribed $21.6 million Series B funding round led by new investor Mubadala Capital, with participation from Clocktower Ventures, Tacora Capital, and existing backers. The company said the new capital will support its mission to modernise c...

Read Full Article

Recommended Articles

April 1 renewal saw Japan property cat rates return to early 2020s levels, says Howden Re

Posted: Mar 31, 2026

Risk-adjusted property-catastrophe rates-on-line in Japan reverted back to levels last seen in the e...

Ted Moynihan named President, CEO of Marsh Management Consulting and Oliver Wyman

Posted: Mar 31, 2026

Marsh, a global firm focused on risk, reinsurance, capital, talent, investments, and management cons...

Optio strengthens marine capabilities with Gardian Marine acquisition

Posted: Mar 31, 2026

Optio Group, the independent specialty MGA, has reached an agreement to acquire Gardian Marine Limit...