Tagged: insurance

August 3, 2020 @ 1:12 pm By Samantha Hurst  |  

Next Insurance, an insurtech seeking to transform small business insurance, announced on Monday the availability of Tools and Equipment and Hired and  Non-Owned Auto (HNOA). According to Next, the product offerings are the latest developments in the company’s path to becoming the one-stop-shop for insurance coverage… Read More

August 3, 2020 @ 10:25 am By Samantha Hurst  |  

Digital insurance platform for businesses CoverWallet announced on Monday the launch of its new digital insurance product specifically for venture capital (VC) backed startups. According to CoverWallet, VC-backed startups may instantly buy and manage Directors & Officers insurance (D&O), Employment Practices Liability (EPL), and Fiduciary… Read More

July 27, 2020 @ 1:03 pm By Samantha Hurst  |  

battleface, a UK-based insurtech, recently announced the launch of its COVID-19 travel insurance package. battleface reported that the new policy will give travelers the peace of mind they have been looking for to venture out safely, including to countries currently advised against traveling to by… Read More

July 26, 2020 @ 10:05 pm By Samantha Hurst  |  

Equipsme, a UK-based startup that is aiming to democratize health insurance by making it an affordable reality for businesses of all sizes, is set to close its equity crowdfunding campaign on Crowdcube with nearly £600,000 in funding from more than 440 Crowdcube investors. As previously… Read More

July 24, 2020 @ 2:47 pm By Samantha Hurst  |  

U.S. insurtech Sidecar Health announced on Thursday it secured $20 million through its recent investment round, which was led by Cathay Innovation with participation from Comcast Ventures and Kauffman Fellows. The company has so far raised $40 million to date. Founded in 2018, Sidecar Health… Read More

July 23, 2020 @ 9:11 pm By Samantha Hurst  |  

Branch, a U.S.-based insurtech startup, announced on Wednesday it secured $24 million through its Series A funding round, which was co-led by Greycroft and HSCM Bermuda with participation from American Family Ventures and Revolution’s Rise of the Rest Seed Fund. Founded in 2018, Branch claims… Read More

July 21, 2020 @ 2:13 pm By Samantha Hurst  |  

Nexsys Technologies, a U.S.-based fintech company that provides a suite of essential tech solutions for mortgage origination and closing, announced on Tuesday it has formed a partnership with insurtech Lemonade to simplify the homeowners’ insurance verification process by using Nexsys’ Clear HOI. Nexsys reported that… Read More

July 21, 2020 @ 12:02 pm By Samantha Hurst  |  

  U.S. insurtech startup Hippo Insurance announced on Tuesday it secured $150 million through its Series E funding round and bought its total funding to $359 million, valuing its business at $1.5 billion post-financing. Founded in 2015, Hippo describes itself as a home insurance company… Read More

July 13, 2020 @ 8:39 pm By Omar Faridi  |  

Indian digital payments giant Paytm recently acquired insurance company Raheja QBE for $74 million. Amit Nayyar, President at Paytm, has noted that the company aims to promote greater financial inclusion by helping half a billion Indians with gaining access to modern digital platforms and services…. Read More

July 10, 2020 @ 10:48 pm By Samantha Hurst  |  

Equipsme, a UK-based startup that is aiming to democratize health insurance by making it an affordable reality for businesses of all sizes, has successfully secured its initial £500,000 equity crowdfunding target on Crowdcube. The company is now offering 4.64% in equity at a £10,922,896 pre-money… Read More

July 10, 2020 @ 3:37 pm By Samantha Hurst  |  

Thimble, a U.S.-based insurtech startup that helps small businesses succeed on their own terms, announced on Thursday it has released a new API for partners who serve the small business and professional services communities. Thimble reported that With the Thimble API, partners can offer flexible insurance… Read More

July 8, 2020 @ 12:40 pm By Samantha Hurst  |  

Concirrus, a UK-based insurtech, has reportedly secured a $6 million investment from Commerzventures. Founded in 2012, Concirrus shared its Quest platform provides proprietary behavioral data and predictive models that significantly outperform traditional risk assessment and underwriting techniques in the insurance market. “Our Quest products access… Read More

June 29, 2020 @ 2:26 pm By Samantha Hurst  |  

  Insurtech startup Hippo Insurance recently announced it has expanded its claims partnerships with Handdii and Westhill. Hippo claimed that the partnerships will allow it to match claimants with top tier contractors to deliver the comfort and satisfaction of high-quality work, real-time updates and a… Read More

June 28, 2020 @ 10:50 pm By Samantha Hurst  |  

LeaseLock, an insurtech that provides totally eliminates security deposits, surety bonds and guarantors in rental housing, recently announced it has insured leases totaling more than $300 million in value. As previously reported, LeaseLock’s Zero Deposit allows renters to pay a lower monthly fee starting at… Read More

June 24, 2020 @ 3:02 pm By Samantha Hurst  |  

Jetty, a U.S.-based fintech on a mission to make renting a home more affordable and effortless for everyone, announced on Wednesday it has named Farmers Insurance the exclusive reinsurance to provide for all new Jetty policies. Launched in 2017, Jetty describes itself as a new financial… Read More

June 23, 2020 @ 9:58 am By Samantha Hurst  |  

Breeze announced on Tuesday it has teamed up with Assurity Life to launch an API-driven disability insurance product with a digital application and underwriting process. Through the new service, individuals may request a personalized disability insurance quote and complete a secure application process online in 10-15… Read More

June 17, 2020 @ 12:06 pm By Samantha Hurst  |  

Buckle, a U.S.-based financial services group, announced on Wednesday it has Gateway Insurance Company (Gateway), including its 47 state insurance licenses. According to Buckle, Gateway was formerly an indirect subsidiary of Atlas Financial Holdings, Inc. (Atlas), which provides auto insurance to the light commercial automobiles market… Read More

June 11, 2020 @ 8:53 pm By Omar Faridi  |  

Companies from the insurance sector continue to develop products and services for tech-savvy younger clients including millennials and Generation Z consumers. Mexican Fintech firm Zenda.la has introduced an insurance product with pricing that adjusts to each individual consumers’ specific requirements and financial status. Zenda recently… Read More

June 10, 2020 @ 4:20 pm By Samantha Hurst  |  

Planck, a U.S.-based AI data platform for commercial insurance, announced on Wednesday it raised $16 million through its Series B Funding Round. With its $12 million Series A, the company has raised a total of $28 million. Founded in 2016, Planck claims to be the… Read More

June 9, 2020 @ 1:16 pm By Samantha Hurst  |  

Policygenius, a U.S.-based online insurance marketplace, announced on Tuesday it has formed a partnership with annuity and life insurance provider Brighthouse Financial to offer an exclusive accelerated underwriting life insurance product, Brighthouse SimplySelect. According to Policygenius, the insurance product features an accelerated purchase process that… Read More