U.K. insurtech startup Marshmallow has raised $90 million, achieving a valuation of over $2 billion. The company specializes in car insurance for immigrants and plans to broaden its offerings to include loans and home insurance. With a million drivers insured and an annual revenue run rate of $500 million, Marshmallow aims to support the growing migrant population in the U.K. CEO Oliver Kent-Braham emphasizes the startup's commitment to inclusivity and diversity in its leadership. The funding round was led by Portage Capital, alongside notable investors like BlackRock.