Tagged: insurtech

May 28, 2023 @ 2:53 pm By Omar Faridi  |  

Everest Re Group, Ltd. (NYSE: RE), a global underwriting firm providing property, casualty, and specialty reinsurance and insurance solutions, announced that Ricardo Anzaldua has “been appointed Executive Vice President and Group General Counsel, effective June 12, 2023.” Mr. Anzaldua will “report to President and CEO… Read More

May 26, 2023 @ 8:23 am By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), announced it is bolstering its underwriting capabilities with new additions to its UK and US teams. Claud Bilbao joins “as UK Director of Underwriting, reporting to Simon Hughes, General Manager for UK operations.”… Read More

May 22, 2023 @ 9:59 pm By Omar Faridi  |  

On Thursday, May 18, 2023, Insurtech Pie CEO, John Swigart, shared an important message with all “Pie-oneers.” Swigart noted that as Dax and him shared with the team earlier, during their all-hands meeting, they’ve made “the very hard decision to reduce their headcount by about… Read More

May 20, 2023 @ 12:59 pm By Omar Faridi  |  

Kin, the direct-to-consumer home insurance company built for every new normal, today announced select operating results through the first quarter ended March 31, 2023. Kin finished the first quarter of 2023 “with $83.2 million in gross written premium, which was positively impacted by $33.5 million… Read More

May 18, 2023 @ 4:38 pm By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs),  announced Andrea Collins’ appointment as its first Chief Marketing Officer. Collins brings “over two decades of strategic and creative marketing and communications expertise, building and overseeing iconic brands.” She will report “to founder… Read More

May 18, 2023 @ 9:27 am By Omar Faridi  |  

bolttech announced it raised $196 million in connection with its Series B with an up-round valuation of $1.6 billion. The investment round was “led by Tokio Marine – Japan’s first insurance company with a 140-year history.” Other key investors “include global life insurance giant MetLife… Read More

May 13, 2023 @ 4:27 pm By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), today released its Cyber Round-Up: Q2 2023 report. The report explores insights from small and medium-sized enterprise (SME) leaders “across the U.S., revealing that many SME leaders with cyber insurance feel better prepared… Read More

May 9, 2023 @ 10:05 pm By Omar Faridi  |  

PolicyStreet, an emerging regional insurtech company, has recorded exponential growth in FY22, with its topline growing by five times compared to the previous financial year (FY21) and attaining sum insured of more than USD 6 billion. Despite the challenging business environment in FY22, PolicyStreet claims… Read More

May 9, 2023 @ 7:55 am By Omar Faridi  |  

NEXT Insurance, a digital insurtech company transforming small business insurance, today announced the promotion of Rachel Jrade-Rice to General Counsel. Jrade-Rice joined NEXT Insurance in 2020 “as Insurance Regulatory Counsel and was quickly promoted to Head of Regulatory Affairs and then again to Associate General… Read More

May 7, 2023 @ 11:24 pm By Omar Faridi  |  

wefox, which claims to be one of the world’s leading Insurtechs, has launched its global affinity business, which connects insurance companies with partners to distribute insurance products. This new business “increases the existing distribution channel for wefox and extends the company’s ability to deliver insurance… Read More

May 4, 2023 @ 3:44 pm By Omar Faridi  |  

Novidea, creator of the born-in-the-cloud, data-driven platform optimizing the entire insurance policy and distribution lifecycle, announced that it has raised $50 Million in Series C funding. The investment round was “led by Battery Ventures with participation from Cross Creek, both new investors, and the company’s… Read More

May 4, 2023 @ 10:33 am By Omar Faridi  |  

Lemonade, Inc. (NYSE: LMND) has released its first quarter 2023 financial results. The Q1 2023 financial results were shared by Lemonade in the Letter to Shareholders and can be accessed via the company’s investor relations section. As covered, Lemonade reportedly “offers renters, homeowners, car, pet,… Read More

April 27, 2023 @ 4:30 pm By Omar Faridi  |  

NEXT Insurance, a digital insurtech company transforming small business insurance, today announced the launch and availability of the Certificate of Insurance (COI) Analyzer – an innovative, new offering “for small business owners to generate free, instant, custom-made COIs to show valid insurance coverage to potential… Read More

April 26, 2023 @ 12:02 pm By Omar Faridi  |  

Zinnia, a life and annuity insurance technology and digital services company, today announced it is acquiring Policygenius, a digital insurance marketplace. The acquisition “lays the foundation for the industry’s first front-to-back architecture to power the entire insurance value chain and better serve carriers, advisors, and… Read More

April 24, 2023 @ 8:30 am By Omar Faridi  |  

NEXT Insurance, a digital Insurtech transforming small business insurance, formally announced its strategic hire of Jack Ramsey in order “to lead the company’s agent channel.” Ramsey reportedly “brings over three decades of experience in the insurance industry, with a focus on helping agents who serve… Read More

April 23, 2023 @ 1:55 pm By Omar Faridi  |  

Tokio Marine Insurans (Malaysia) Berhad, an insurance company in Malaysia, has partnered with KirimMan, a one-stop logistic solution, and Finology, an Asia-Pacific fintech company that specialises in enabling embedded finance, “to offer affordable insurance products for gig economy workers, with a focus on delivery riders.”… Read More

April 21, 2023 @ 11:19 am By Omar Faridi  |  

Insurtech firm Qover is pleased to announce the appointment of its first Chief Customer Officer (CCO) Ed Ackerman. The CCO will be “responsible for developing and implementing customer-centric strategies that enhance the overall customer experience.” As a growth- and customer-focused professional, Ed Ackerman has “been… Read More

April 20, 2023 @ 8:05 am By Omar Faridi  |  

wefox, which claims to be one of the world’s leading Insurtech firms, has recently “appointed Nicholas Walker as Chief HR Officer, with immediate effect.” Julian Teicke, CEO and founder of wefox said: “With Nick joining us as Chief HR Officer we are not only adding… Read More

April 19, 2023 @ 6:54 pm By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), launched MooGPT – a collection of new capabilities built using large language models and proprietary data. MooGPT uses reinforcement learning techniques “to deliver a real-time conversational experience to appointed agents and active policyholders… Read More

April 16, 2023 @ 11:28 pm By Omar Faridi  |  

Cover Whale Insurance Solutions, Inc., a commercial trucking insurance provider and fast-growing insurtech, announces the next phase of its Driver Safety Program, the company’s signature loss prevention initiative, “proven to reduce the frequency and severity of claims and improve road safety for America’s truckers and… Read More