Tagged: insurance

November 3, 2020 @ 12:37 pm By Samantha Hurst  |  

BrokerTech Ventures, a broker-led convening platform and accelerator focused on delivering “innovation” to the insurance broker industry, recently announced it has opened the application window for its 2021 BrokerTech Ventures Accelerator program. According to BrokerTech,  the concept of the BrokerTech Ventures Accelerator is to be… Read More

November 3, 2020 @ 11:49 am By Samantha Hurst  |  

Laka, a collective-based insurer of cyclists,  recently announced plans to launch its equity crowdfunding through UK-based Seedrs. The upcoming funding round comes less than a year after Laka raised  €4.2 million, which was led by venture capital companies LocalGlobe and Creandum. As previously reported, Laka… Read More

October 25, 2020 @ 10:31 pm By Samantha Hurst  |  

Coterie, a U.S.-based commercial insurtech, recently announced it has formed a new partnership with Intuit QuickBooks to deliver business insurance to QuickBooks customers through the QuickBooks Online small business platform. This news comes right now after Intuit Quickbook announced its collaboration with Next Insurance. Coterie… Read More

October 22, 2020 @ 9:27 am By Samantha Hurst  |  

Next Insurance, an insurtech seeking to transform small business insurance, announced on Thursday it has integrated with Intuit Inc. (Nasdaq: INTU). Next reported that the integration will enable QuickBooks users to seamlessly obtain a customized quote and easily purchase General Liability, Professional Liability and Workers’ Compensation coverage through the insurtech platform. “Not only… Read More

October 20, 2020 @ 1:49 pm By Samantha Hurst  |  

  U.S.-based insurtech startup Pie Insurance announced on Tuesday it has expanded its service to both Florida and Wisconsin.  The expansion comes just days after Pie announced it has exceeded $100 million in cumulative written premium and surpassed $100 million in annualized run rate premium. As previously reported, Pie describes… Read More

October 19, 2020 @ 11:39 am By Samantha Hurst  |  

SageSure, a U.S.-based homeowner insurtech, recently announced the launch of its new line of commercial insurance products specifically for coastal businesses. Founded in 2005, SageSure describes itself as an innovation-focused insurance and technology company specializing in underserved property markets. “As the leading homeowners insurtech organization… Read More

October 19, 2020 @ 11:21 am By Samantha Hurst  |  

  Matic, a U.S.-based digital insurance agency, recently announced it secured $24 million through its latest investment round, which was led by IA Capital with participation from Cultivation Capital, Clocktower Technology Ventures, MTech Capital, The K Fund, Protection America, Nationwide Ventures, Anthemis Group, ManchesterStory, Franklin… Read More

October 16, 2020 @ 4:07 pm By Samantha Hurst  |  

InsurTech NY, an insurtech community that is located in the New York metro area, recently announced its growth-stage InsurTech accelerator cohort. According to Insurtech NY,  the program will focus on growth-stage startups that have existing customers and range in funding stage between Seed and Series… Read More

October 16, 2020 @ 3:51 pm By Samantha Hurst  |  

  U.S.-based insurtech startup Pie Insurance recently announced it has exceeded $100 million in cumulative written premium and surpassed $100 million in annualized run rate premium. As previously reported, Pie describes itself as a fast-growing insurtech startup that offers workers’ compensation insurance directly to small businesses. The company revealed it… Read More

October 4, 2020 @ 10:31 pm By Samantha Hurst  |  

DeadHappy, a UK-based life insurance brand, is set to close its equity crowdfunding campaign on Seedrs with nearly £2.4 million raised. The funding round, which aimed to raise £1.5 million, has attracted more than 950 Seedrs investors. Founded in 2013, DeadHappy stated it exists because… Read More

September 30, 2020 @ 3:13 pm By Samantha Hurst  |  

Next Insurance, an insurtech seeking to transform small business insurance, announced on Wednesday the availability of its Workers’ Compensation offering to 24 additional states across the nation, which includes Alabama, Iowa, Louisiana, and Virginia. “Workers’ Compensation is essential not only for high-risk jobs like those in… Read More

September 30, 2020 @ 11:55 am By Samantha Hurst  |  

Noyo, a U.S.-based API platform for improving the speed and accuracy of health insurance data exchange, announced earlier this week it raised $12.5 million through its Series A funding round, which was led by Costanoa Ventures and Spark Capital, with participation from Homebrew, Fika Ventures,… Read More

September 23, 2020 @ 3:24 pm By Samantha Hurst  |  

Penn River, a U.S. insurtech that’s focused on cloud-based annuity and life administration, announced on Tuesday it has joined forces with management consulting company Mantissa to launch its ProductHub platform. Penn River describes ProductHub as a solution that provides as much as a 30% reduction… Read More

September 18, 2020 @ 11:17 pm By Samantha Hurst  |  

  ACKO, a India-based insurtech startup, announced this week it secured $60 million through its latest funding round, which was led by Munich Re Ventures. Founded in 2016, ACKO claims it is India’s first and fastest-growing InsurTech company which makes buying and using insurance effortlessly…. Read More

September 18, 2020 @ 9:27 am By Samantha Hurst  |  

Online financial advisor Betterment announced on Thursday it has formed a partnership with insurtech company Sure to provide cell phone insurance to Betterment Checking users, offering coverage for phone damage or theft. The offering is notably available to any Betterment Checking user that pays their monthly cell bill… Read More

September 9, 2020 @ 3:31 pm By Samantha Hurst  |  

  Policygenius, a U.S.-based online insurance marketplace, announced on Wednesday the launch of the Policygenius Life Insurance Price Index, which displays average monthly life insurance rates using current data from leading life insurance carriers. Policygenius revealed that the index launches in tandem with Life Insurance Awareness… Read More

September 8, 2020 @ 11:28 pm By Omar Faridi  |  

Chinese insurance giant Ping An recently pointed out that Fintech has the potential to enhance operational efficiency by reducing business costs and lowering certain risks in the financial services sector. Supporting SMEs is one way more established institutions can enable digital transformation across the financial… Read More

August 30, 2020 @ 10:58 pm By Samantha Hurst  |  

  U.S. insurtech startup Hippo Insurance recently announced it launched in the state of Delaware. Founded in 2015, Hippo describes itself as a home insurance company that’s changing the way people safeguard their most important asset. “We’ve reimagined the traditional homeowners insurance policy, removed things that… Read More

August 18, 2020 @ 3:37 pm By Samantha Hurst  |  

Claimsforce, a Germany-based insurtech startup, reportedly secured €7 million through its Series A investment round, which was led by Notion Capital. According to Verdict, the round saw participation from Fly Ventures, Point Nine, and La Famiglia. Claimsforce explained it is on a mission to create… Read More

August 14, 2020 @ 2:19 pm By Samantha Hurst  |  

U.S. insurtech startup Kin Insurance announced on Thursday it secured $35 million through its Series B investment round, which was led by  Commerce Ventures with participation from Hudson Structured Capital Management Ltd. (doing its reinsurance business as HSCM Bermuda), Flourish Ventures, QED, Alpha Edison, Allegis… Read More