Core technology platform for insurers. Clients include AXA, Nationwide, and Mutual of Omaha.
Genworth will continue to prepare for a potential partial IPO of Genworth's U.S. Mortgage Insurance business, subject to market conditions as well as the satisfaction of various conditions and approvals.
The $100 million investment, representing about 11.75% of TypTap, implies a post-money valuation for TypTap of approximately $850 million.
The company provides strategic technology and business solutions that focus on eliminating outdated and costly inefficiencies found throughout real estate and mortgage lending transactions.
Aviva expects to use the increased capital and cash to support its previously communicated capital framework of debt reduction, investment for long-term growth and return of excess capital to shareholders.
States Title announced $150 million in debt financing from HSCM Bermuda, who has previously invested in the company.
Contact centers, agent offices, and other tools (internet, mobile app) are impacted.
The acquisition is expected to close prior to the end of the third quarter of 2021.
Funds managed by Stone Point Capital and Insight Partners will acquire all outstanding shares of CoreLogic for $80 per share in cash.
The system reads and analyzes medical documents automatically to extract the relevant medical information that is necessary for assessing risk or managing a claim.
The multi-pronged partnership includes custom content in news and vertical environments, special sponsorships, email marketing and integrated insurance widgets on contextual sites.
Nsure.com is an online platform that enables customers to quote home and auto insurance.
The funding will be directed into select high-growth potential insurance and financial services startups whose solutions, technology, and capabilities can benefit Nationwide customers.
Level offers a credit solution that can be used to purchase things such as tools and equipment and is designed for gig workers.
The round was led by Investment Group of Santa Barbara, with participation from existing investors including 500 Startups.