Editor at Coverager
The startup announced a partnership with IMA.
Allianz Direct is the digital insurance subsidiary of Allianz.
Bilt allows renters to earn points by paying their rent using the Bilt Mastercard.
The insurer ended the month with a net income of $901 million.
The new app is available in Germany, France and the Netherlands.
The retailer partnered with three insurers when the new venture was launched.
The companies announced their exclusive partnership in October 2022.
Ansel is a provider of supplemental health insurance
Co-founder and CEO Christopher Mawhinney continues to lead the startup.
Founder and CEO Ryan Petersen announced the capital injection on X.
The startup claims to have over 25k users.
Lyons joined the company in April 2022.
The partnership will also include the group’s wider family of brands RBS and Ulster Bank.
The Erie Strategic Ventures fund focuses on investing in the personal and commercial insurance value chain.
The deal is said to be in the mid to high seven-figure range.