Delos Insurance Solutions Raises $9M in Series A Funding to Expand Operations

Delos Insurance Solutions, a property insurance MGA, has secured $9 million in a Series A funding round. The investment was led by HSBC Asset Management and included IA Capital Group, Blue Bear Capital, and Generation Space, as well as several angel investors. The company uses wildfire science and satellite imagery to provide insurance solutions to homeowners in wildfire-stressed areas and currently writes a total insurance value of $40 billion.

The funding will enable Delos to expand its operations to other states and develop new products to make insurance more accessible and affordable for homeowners. With a focus on financial sector solutions, insurance, climate change, and space, the investment partners aim to provide sustainable solutions to the impacts of climate change.

Delos has been recognized for its innovative tech-driven approach to addressing the persistent wildfire crisis and was recently awarded MGA/MGU of the Year by Insurance Insider US. The company's integration of data and machine learning is revolutionizing the insurance landscape and positioning it for substantial, scalable growth.