Editor at Coverager
The new tool is called Incognito.
The startup claims that thousands of financial advisors are now leveraging its platform.
Mulberri's platform enables HR, benefits and payroll providers to offer a variety of insurance products.
The sale has been approved by the boards of directors of both Intact and Admiral.
The companies will offer accidental damage and extended warranty protection.
The new offering is currently available to California residents.
Gross premiums written in Q3 increased by $73.3 million.
Nationwide participated in the round.
Chubb business policyholders in the US and Canada can take advantage of NetSPI's full portfolio of proactive security solutions.
Enveedo is a cybersecurity startup.
MassMutual and Nationwide participated in the round.
The transaction is subject to customary closing conditions.
The companies will collaborate on a digital, data-driven approach to motor fleet insurance.
The new funding will go towards both horizontal and vertical M&A opportunities and increasing the workforce.
The transaction will result in a pre-tax gain of $28 million after considering transaction-related expenses.