Insurtech develops new climate risk tools
FutureProof Technologies, the climate-smart P&C insurtech, has raised $6.5 million in capital led by Axis Digital Ventures, which works across Axis’ underwriting units to develop and grow strategic partnerships with insurtechs and other innovators. Prior investors Innovation Endeavors and MS&AD Ventures also participated, taking FutureProof’s total capital raised to nearly $10 million.