Editor at Coverager
Zenefits rival Gusto has raised $25 million, mainly from insiders who wanted to become ‘more significant owners’, at a valuation of ~$1 billion. Recall: the once known as ZenPayroll raised $50 million late...
Berlin-based P2P startup Friendsurance has raised $15.3 million in a round led by Horizon Ventures. On the horizon: expansion to Australia. Bottom Line: in the company of those looking to upgrade traditional distribution...
Yesterday, Chubb announced the launch of its Small Commercial Insurance division for North America, which will be led by President Jim Williamson and dedicated to “improving the economics of the small commercial...
Meet CoverNow: a new health/life microinsurance solution offered via mobile by Upstream to customers of its Mobile Operator partners in Egypt and Brazil. Worth Noting: Upstream offers technology to accelerate mobile commerce in high-growth...
Geico marks 14 million policies in force. But that’s not all. Its 14 millionth auto policy was purchased on its mobile app. On the other hand, Google marks the end of Google Compare,...
MyLifeProtected, aka MassDrive’s brand for its insurance comparison services, is now available nationwide. Think: real time comparative quotes for P&C and L&H products. Hiscox Small Business headed in the same direction; the insurer...
CoverHound says 51% of its online insurance shoppers provided inaccurate information either by accident or intentionally. Bottom Line: watch out for millennials seeking renters insurance and/or ‘currently insured’ millennials (or else)...
Lincoln Financial Group has been selected as the 2016 Insured Retirement Institute (IRI) Marketing Innovation Award winner in the distributor category for its Territory Visualizer. Think: an app that provides a...
Apple unveiled a new open-source development platform called CareKit, which would let developers introduce health care apps capable of monitoring a wealth of information though Apple devices; the kind of...
Denver-based CirrusMD has raised $1.05 to strengthen its software and expand its team. The Gist: patients use CirrusMD software to message on-call doctors. The data from each session is then...
Benefits and HR software provider Maxwell Health raised $22 million in Series C funding and declares it has reached a sweet spot, aka not too big, not too small. Not everyone is drinking...
China’s online insurance aggregator Huize Insurance has raised $31 million in series B funding, which some consider unusual since the company is ten-years old (so is Twitter, BTW). The company’s platform provides real time...
Axa’s Chairman and CEO Henri de Castries will step down come Sept. 1. While he didn’t reveal his future plans, you can rule out retirement, as the word on the street...
Girnar Software, which runs several auto portals in India including CarDekho.com, has raised an undisclosed amount of new funding from Google Capital. Worth Noting: the company is busy expanding internationally and...
The insurance provider for millennials, aka ZugarZnap, will be donating a week’s worth of water to a child within the developing world every time an insurance product is sold on...