Editor at Coverager
This comes as a response to the Official Committee.
The new offering was created in collaboration with Sure and Toggle.
The company expects to maintain majority ownership of Fortegra.
The new licensed agency will offer coverage for high-end car owners through products offered by Hagerty.
The company ended the quarter with 1,984,154 customers.
To date, Cowbell has raised $148 million.
Allstate and Allianz X have made the investment.
The company will use the funds to expand go-to-market operations and bolster its platform functionality for brokers.
The company reported a net income of $1.12 billion.
The venture will identify the most promising investment opportunities.
Dai-ichi Life will provide test users with the YuLife app.
American Family Ventures led the round.
Indigo is backed by Rubicon Founders and Oak HC/FT.
Aon reported revenue of $2.95 billion for the third quarter and net income of $467 million.
Earlier this week, the California DMV suspended Cruise’s testing permits.