Parsyl launches new brand

Parsyl has announced a rebrand to reflect its growth and future vision. The rebrand marks Parsyl’s evolution from a device-powered, single-peril provider to a data-driven underwriter and Lloyd’s Coverholder, now operating Syndicate 1796.

Then:

Now:

Founded in 2017, Parsyl has raised $44.3 million. The company’s “impact underwriting” approach blends traditional underwriting with technology to help customers create stronger and more sustainable supply chains. Its Data Partner Program encourages data collection to generate insights that reduce risks and improve supply chain sustainability. It offers a range of cargo insurance solutions, including Cargo and Stock Throughput, Shipper’s Interest, Cargo Legal Liability, Warehouse Legal Liability, and Errors and Omissions.

“This rebrand is more than just a cosmetic change; it’s a strategic realignment towards our growth and maturation as an insurer. I look forward to our next phase of growth where we’ll expand market reach, explore new opportunities and deliver even greater value to clients.” – Parsyl CEO and cofounder, Ben Hubbard.

Parsyl operates out of Denver, CO, and London, England.