Luzern Risk Secures $45M in Series B Funding to Expand Captive Insurance Technology
US-based insurtech company Luzern Risk has raised $45 million in a Series B funding round led by Insight Partners, with participation from Trust Ventures and Caffeinated Capital. The capital will be used to develop the firm's AI-native technology platform aimed at streamlining captive insurance program management and reducing operational turnaround times. Captive insurance entities are owned by parent organizations and allow for tailored risk coverage solutions. Luzern Risk aims to make captives more accessible, with CEO Gabriel Weiss expressing confidence in their growing role within broader risk management strategies. The company serves both mid-market businesses and large publicly traded firms through its platform. Insight Partners has a strong track record of investing in high-growth companies, having managed over $90 billion in regulatory assets as of December 2025.
Topics: Captive Insurance Funding Rounds Insurance Insurtech