Editor at Coverager
Coverager’s Week in Review – October 22-28, 2023.
Hippo primarily operates as a personal property insurer and has raised over $1.2 billion since its inception.
Over the years, Greenlight Re has participated in at least 28 insurtech funding rounds, with noteworthy portfolio companies including Coterie, Openly, and Sana Benefits.
A summary of various insurance-related news and investment activities.
Dutch operates in the space of the now-defunct Fuzzy Pet Health.
Separately, former employees have gone to LinkedIn to share reports on layoffs.
New bookings will not be accepted as of October 10, 2023.
Progressive shared that this move aims to adjust their market presence in Florida.
This is Coverager’s first report on Managing General Agents (MGAs), examining the financial results of over 700 MGAs, detailing their carrier affiliations, and highlighting trends in the MGA insurtech landscape....
This might be related to Abacai's partnership with HF.
With this investment, Amazon will acquire a minority share in Anthropic
Pryon delivers AI-driven insights from enterprise content.
The MGA targets SMEs; offering up to €5 million in coverage.
According to the filings, HCI may sell up to $150 million in shares or other investments in the future.
Capital Assist alleges that they had an agreement with Fuzzy to buy the company's future receivables for $164,890.