Editor at Coverager
The new coverage is available through the employee benefits channel.
Investors in this round included Capital G, Hedosophia, and GIC.
Sproutt raised $38 million to sell life insurance online.
Monthly premium starts at £5.
The carmaker has introduced an "Insurance Contribution" initiative.
BAUR will introduce a variety of coverages to its shoppers at the point of sale.
Honeycomb expects to double its workforce from 90 to 180 over the next 18 months and introduce new products.
NVIDIA and Microsoft also participated in the round.
The company’s cash, cash equivalents, and investments totaled approximately $927 million at March 31, 2024.
GEICO’s loss ratio was 72.5% in the quarter, a decrease of 10.5 percentage points compared to 2023.
USAA is one backer of the new fund.
The new offering enhances the insurance buying experience by using an embedded model.
WeCompare is a new insurance comparison website.
In 2022, Arta raised $11 million in a round led by AXA Venture Partners.
The direct channel was Root’s primary growth driver in the quarter, fueled by performance marketing.