Company Archive

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USAA partnered with Flume Hadron Insurance partnered with Integra Insurance Solutions NatWest Bank partnered with Uinsure WCF Insurance picks Origami Risk in Claims Corgi picks Clearwater Analytics in Admin Broker Buddha picks CoverForce Inc in Sales Curant.ai raised $3.1M Healia Health raised $14M Franklin Madison partnered with Velocity Credit Union Voila Financial partnered with StagePoint Federal Credit Union Ominimo raised $22.5M IAG picks OpenAI in Claims CalcFocus picks One Inc in Sales Trivora Insurance raised $4.64M Travelers raised $750M

Utica National partners with the Buffalo Bills

By Coverager

Utica National will also use the relationship to increase its brand visibility and promote its network of independent insurance agents.

Investments

Nationwide expands investment fund to $350 million

By Coverager ·

The funding will be directed into select high-growth potential insurance and financial services startups whose solutions, technology, and capabilities can benefit Nationwide customers.

Member News

How fintechs are building brand loyalty by bundling insurance products

By Sure, Inc. ·

By Nate Kinet, Sure CRO The art of selling has evolved greatly over the years. Phones, computers, tablets, and TVs have made it possible for the competition to continuously feed...

Investments

SmartHop raises $12 million

By Will Shelleau ·

SmartHop’s solution enables smaller trucking businesses to make their routes more efficient.

Business

Seattle’s Level has raised $1.5 million

By Coverager ·

Level offers a credit solution that can be used to purchase things such as tools and equipment and is designed for gig workers.

Financials

Farmers Edge to pursue Canadian IPO

By Shefi Ben-Hutta ·

Farmers Edge is seeking to raise about C$100 million in IPO.

Business

Transamerica introduces new way to digitally notarize documents

By Will Shelleau ·

The new capability will enable customers to receive a link to a custom landing page to create an account and upload forms.

Investments

Briza raises $8 million

By Coverager ·

The round was led by Investment Group of Santa Barbara, with participation from existing investors including 500 Startups.

Business

Ambac Financial Group launches Everspan Group

By Coverager ·

Financial services holding company Ambac Financial Group has launched Everspan Group, a specialty, participatory fronting program insurance business.

Investments

Marble raises $2.5 million

By Avi Ben-Hutta ·

Marble's investors include IA Capital Group, MS&AD Ventures, Reciprocal Ventures, Fintech Ventures Fund, The Takoma Group, and HU Investments.

Member News

Think differently, build differently

By Shreyas C Vasanthkumar ·

As the pace of change continues to intensify, one thing has become undeniably clear: to succeed in the modern insurance marketplace, insurers must focus first and foremost on the evolving...

Business

Zego partners with mobility startup Brite

By Will Shelleau ·

From here on out, Zego and Brite will share trip data to better allow the insurance company to base their prices off of usage.

Investments

Oscar Health announces IPO

By Will Shelleau ·

In 2020, Oscar amassed $1.67 billion in revenue and $1.04 billion in 2019, with losses of $407 million and $261 million, respectively.

Business

Kin launches landlord insurance in Florida

By Gabriella Ben-Hutta ·

Kin is the only insurtech company to currently offer homeowners insurance in both Florida and California.

Investments

FOXO Technologies files Form D with the SEC

By Gabriella Ben-Hutta ·

In connection to a debt/option round totaling $7 million.

Business

Aurora partners with Toyota, Denso to develop self-driving Sienna minivans

By Gabriella Ben-Hutta ·

Aurora expects to begin testing an initial fleet of these Siennas by the end of 2021.

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Member News

Manger Insurance, Inc. Eliminates Manual Commission Reconciliation with Applied Recon

By Chase Petrey, Applied Systems ·

How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber

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Geico and Mercury: Cheapest Insurance in California

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AI and the Trusted Advisor: Growing in a Softening Market

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The NAIC Is Building an AI Evaluation Playbook. Claims Leaders Should Know What It Will Ask.

By Yo Sub Kwon, Voltaire ·

Vertafore launches Velocity AI Benefit Plan Agent inside the market-leading employee benefits solution, BenefitPoint

By Vertafore ·

New Zywave Survey: AI Emerges as Defining Force in the Broker-Client Relationship

By Zywave ·

Fuse Launches Healthcare & Senior Living Vertical, Bringing Real-Time Synthesized Market Intelligence to Commercial Insurance’s Hardest Class

By Sean Bourgeois, Fuse ·

From System of Record to System of Action: AI in the AMS

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Cytora and InformData Join Forces to Embed Verifiable People Data into Commercial Risk Processing

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