Tagged: insurance

90% of Small Business Owners Aren’t Sure If Their Company is Adequately Insured, Survey Reveals

  It’s been a stressful few years to run a small business in America — and so far 2023 has been no exception. Inflation, supply chain snags and staffing shortages continue to test business owners, the team at Next Insurance writes in a blog post…. Read More

Insurtech: Cover Whale, TrustedChoice.com to Provide Coverage Plans to Truck Drivers

Cover Whale Insurance Solutions, Inc., a commercial trucking insurance provider and fast-growing insurtech, announces its partnership with TrustedChoice.com, the nation’s largest digital marketing platform for independent agents and brokers. With access to TrustedChoice.com’s extensive insurance marketplace and more than 240,000 independent insurance agents, Cover Whale… Read More

Insurtech: Kin, the Home Insurance Firm, Upsizes Series D to $109M

Kin, the direct-to-consumer home insurance company built for every new normal, announced that it recently “conducted a third close, an incremental $15 million, to its Series D round in Q4 2022.” The investment round contributions reportedly came “from Geodesic Capital, QED Investors, and additional investors,… Read More

Insurtech: Arbella Insurance, Hi Marley to Enhance Client, Employee Experience

Hi Marley, creators of the only insurance-focused collaboration platform powered by SMS, is pleased to announce its partnership with regional property and casualty insurance provider Arbella Insurance. Headquartered in Quincy, Massachusetts, Arbella says that it “attributes its 35 years of success to its focus on… Read More

Maybank Introduces Malaysia’s Integrated Auto Financing Solution

Maybank introduced Malaysia’s integrated automobile financing solution for Electric Vehicle (EV) and Hybrid customers “covering various aspects of owning an EV or Hybrid vehicle including holistic financing solutions, insurance and takaful coverage as well as EV charging privileges.” This is in line “with the Group’s… Read More

Insurtech: Netradyne, Cover Whale to Provide High-Tech Dash Cams for Policyholders

Netradyne, an SaaS provider of artificial intelligence (AI) and edge computing solutions focused on safety and driver coaching for commercial fleets, announced its partnership with Cover Whale Insurance Solutions, Inc., a commercial trucking insurance provider and fast-growing insurtech. The partnership enhances Cover Whale’s Driver Safety… Read More

Business Insurance Firm Vouch Pledges Support for Silicon Valley Bank

Vouch reportedly joins peers like Fintech Unicorn Brex in order to support Silicon Valley Bank (SVB) and “reinforce the startup ecosystem’s health and stability.” In an effort to ensure the ongoing health and stability of the startup ecosystem, Vouch announces its commitment “to continue working… Read More

Digital Insurance Platform Embroker Appoints Chris Spagnuolo as Chief Product Officer

Embroker, the digital insurance platform making it a radically simple single destination to get business insurance, announced that Chris Spagnuolo has come on board as Chief Product Officer (CPO). He joins the team at a pivotal time “to continue fueling Embroker’s momentum in developing innovative… Read More

SEB Enters Partnership and Invests in Nordic Insurtech Hedvig

SEB is entering a strategic partnership with the insurance provider Hedvig, a Nordic insurtech-company within property insurance for private individuals. As part of this, SEB Venture Capital is “making a strategic investment in Hedvig in conjunction with a financing round led by Adelis Equity.” Jonas… Read More

Insurtech wefox Appoints Dr. Günther Blaich as Country Lead for Germany

wefox, which claims to be one of the world’s leading Insurtech firms, has announced the appointment of Dr. Günther Blaich as the Country Lead for Germany. Effective immediately, Dr. Blaich will be “responsible for leading wefox Germany and driving the company’s growth and profitability strategy.”… Read More

Insurtech: Opkit Launches Insurance Verification Platform for Telehealth Firms, Virtual Medical Practices

Opkit has launched with an automated health insurance verification platform that is purpose-built for the new telehealth companies and virtual medical clinics that are “providing care for a wide range of patients across the United States.” The startup, which “participated in Y Combinator, is emerging… Read More

CAPE Analytics, American National to Support Risk Assessment

CAPE Analytics, which claims to be the leader in AI-powered geospatial property intelligence, announced its integration with insurance carrier American National in order to enhance its risk management and underwriting processes “by leveraging CAPE property insights.” Working with CAPE geospatial property insights will “allow American… Read More

AI and Machine Learning-Powered Devron, Cover Whale to Enable Safer Roads

Devron, which claims to be the leader in AI and machine learning for distributed and private data, announces a partnership with Cover Whale Insurance Solutions, Inc., a commercial trucking insurance provider and fast-growing insurtech. By using Devron’s federated data science platform, Cover Whale will “develop… Read More

Insurtech: Cowbell 365 Elevates Policyholder Experience with Cyber Claims Handling, Risk Mitigation

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), announced Cowbell 365, an around-the-clock service that “offers policyholders comprehensive support for risk improvement and incident response.” Cowbell 365 “provides 24-hour availability every day of the week, 365 days of the year, bringing… Read More

Insurtech Socotra Introduces CorePlus Insurance IT Solutions

Socotra announced the launch of Socotra CorePlus, a line of complete insurance IT solutions composed of Socotra Connected Core, seamlessly integrated via Socotra App MarketPlace with software and data providers, including Mendix, Snapsheet, and Stripe. Socotra CorePlus is designed to decrease risk and costs, while… Read More

Earnix, a Provider of Pricing and Rating Solutions for Banks, Forms Advisory Board

Earnix, the provider of intelligent cloud-based real-time rating, dynamic pricing and product personalization solutions for insurers and banks, announced the appointment of Mike Keller, Board Member at Guidewire and Encova Insurance, and Scott Fitzgerald, Chief Marketing Officer at Intapp, to its newly-formed advisory board. The… Read More

Embroker Introduces Law Bundle, Combining Law Practices Liability Insurance with Cyber Risk Insurance

Law firms face “a ton of challenges,” according to an update from Embroker. Lawyers are focused on “ensuring their clients get the best possible outcome for their cases, requiring their full attention and dedication to justice.” Unfortunately, that isn’t all that lawyers “have to deal… Read More

Insurtech wefox Receives Digital Trust Label from Swiss Digital Initiative

wefox, which claims to be one the world’s leading Insurtechs, has received the Digital Trust Label by The Swiss Digital Initiative, a Geneva based independent foundation for advancing digital trust and transparency globally. This Label recognizes wefox’s commitment “to data protection and information transparency.” The… Read More

Insurtech Lemonade Reports 64% Top Line Growth for Q4 2022

Lemonade, Inc. (NYSE: LMND) has released its fourth quarter and full year 2022 financial results. Lemonade recently shared its Q4 2022 financial results in the Letter to Shareholders on the company’s official investor relations website. On Thursday, February 23, 2023, Lemonade reportedly hosted to discuss… Read More

Home Insurance Firm Kin Announces Select Preliminary Operating Results

Kin, the direct-to-consumer home insurance company built for every new normal®, announced select preliminary operating results “through the fourth quarter ended December 31, 2022.” Kin finished 2022 “with $227.5 million in gross written premium, which represents a 117% increase in year-over-year growth.” Adjusted loss ratio… Read More

Send this to a friend