Editor at Coverager
The consideration represents a mix of stock with the majority in cash.
The company has raised $28 million in a Series D round of financing.
The round was led by TheVentureCity, MundiVentures, CDTI Innvierte, and Barkibu’s co-founders.
Asteya's digital platform offers disability insurance geared towards small business owners and gig workers.
Fortegra Specialty Insurance, a provider of specialty insurance and warranty solutions, is the carrier partner for this solution.
The SafePilot app instructs and rewards safe driving habits to help keep drivers safe on the road while lowering insurance premiums.
Risks underwritten by specialty distributor Amwins and policies issued through Core Specialty.
Headquartered in Austin, Texas, Insurance 360 was founded in 1983 with a focus on direct mail marketing, advertising term life insurance products and services to physicians and attorneys throughout the country.
Founded in 2013, SecurityScorecard offers a platform for security ratings that is utilized by pharmaceutical companies, payment processors, and insurance companies.
Sierra Specialty has sole authority to underwrite, bind, and issue policies for this program, focusing on the farming and agriculture industry.
The company also announced that it has raised $10.5 million in a Series A funding round.
Elevate protects middle-sized businesses (typically between $25M and $500M in revenue) in the US.
Foresters Mobile Quote enables producers to generate quotes across the extensive Term, Whole Life, and Universal Life product lines.
Next Insurance will provide access to instant, customized coverage to Business Prime members.
With this funding, Coalition plans to launch new insurance products and expand its offerings into multiple new international markets.