DARAG Group Limited (“DARAG”), a leading legacy acquirer, today announces it has executed a reinsurance transaction (‘LPT’) with Pacific Valley Insurance Company (“PVIC”), Lyft Inc’s (“Lyft”) captive insurance company. The LPT, written through DARAG Bermuda Ltd, covers PVIC’s commercial auto liabilities (predominantly from an excess layer for policies with a limit of up to $1m […]
Location: Malta, Central Region, Ta' Xbiex
Total raised: $303.95M
Investors 3
Funding Rounds 1
| Date | Series | Amount | Investors |
| 31.07.2018 | - | $303.95M | - |
Mentions in press and media 8
| Date | Title | Description |
| 14.08.2021 | Insr announces Loss Portfolio Agreement with DARAG Germany | Insr announces Loss Portfolio Agreement with DARAG Germany Sat, Aug 14, 2021 09:23 CET Release Date: 14th of August 2021 Insr Insurance ASA (“Insr”), today announces, that following a competitive process, the company has signed a Loss Portf... |
| 17.05.2021 | Legal automation startup Josef raised $2.5 million to expand globally | Legaltech software startup Josef has raised $2.5 million led by Carthona Capital, alongside US-based The LegalTech Fund. The no-code software platform automates legal tasks, including document drafting, to offering legal guidance and advice... |
| 12.09.2018 | Legal Startup Atrium Raises $65 Million | Justin Kan, the founder of Justin.tv, Twitch.tv (acquired by Amazon for $970 million), and Socialcam (acquired by Autodesk for $60 million). Kan, who was also a partner at Y Combinator, has launched a new legal startup called Atrium. |
| 31.07.2018 | Darag Receives €260M in Equity Funding Commitment | Darag Deutsche Versicherungs- und Rückversicherungs-AG, a Malta based insurance company that specializes in taking inactive or discontinued (run-off) businesses from direct insurers and reinsurers, received €260m in equity funding commitmen... |
| 30.07.2018 | Aleph Capital and Crestview Partners Agree to €260M Equity Funding Commitment in DARAG to Support Global Growth Ambitions | Aleph Capital Partners LLP and Crestview Partners have today announced that funds under their control will provide a €260 million equity funding commitment to DARAG Deutsche Versicherungs- und Rückversicherungs-AG. Headquartered in Malta, D... |
| 30.07.2018 | Aleph Capital and Crestview Partners Agree to €260M Equity Funding Commitment in DARAG to Support Global Growth Ambitions | Aleph Capital Partners LLP and Crestview Partners have today announced that funds under their control will provide a €260 million equity funding commitment to DARAG Deutsche Versicherungs- und Rückversicherungs-AG. Headquartered in Malta, D... |
| 11.05.2017 | Legal Raasta raises $5 mn in Series A round | Legal Raasta Technologies Pvt. Ltd, which provides legal services to small and medium-sized enterprises (SMEs), entrepreneurs and professionals through an online platform, has raised its Series A round of funding from a North India-based gr... |
| 13.04.2016 | Exclusive: Legal Raasta raises $1M in angel funding | Legal Raasta Technologies Pvt Ltd, which provides legal services to entrepreneurs, SMEs and professionals over its online platform legalraasta.com, has raised $1 million (around Rs 6.7 crore) in angel funding from two high net-worth individ... |