Zywave, an insurtech leader, announced today the acquisition of ClarionDoor, a Santa Barbara, California-based provider of the most intelligent insurance product distribution software available to the property and casualty (P&C) market. ClarionDoor’s digital distribution solution for carriers and MGAs, combined with Zywave’s existing configure, price, quote (CPQ) solutions for insurance agencies and brokers, solidifies Zywave… Continue reading Zywave Acquires ClarionDoor
Tag: Insurtech
Aussie Insurance Startup Cover Genius Raises Funds at A$1 Billion Valuation
Australian insurance startup Cover Genius Pty Ltd. boosted its valuation to A$1 billion ($729 million), after raising A$100 million from investors including G Squared and Japanese insurer Sompo Holdings Inc. The proceeds — about seven times more than what the company raised last year — will be used to expand in markets including the U.S.,… Continue reading Aussie Insurance Startup Cover Genius Raises Funds at A$1 Billion Valuation
Acrisure Enters Partnership with Quotall
Insurtech ecosystem specialist Quotall has entered into a strategic partnership with global insurance distribution business Acrisure. The partnership will see Acrisure provide insurance product sourcing and insurer partnership services to meet the portfolio needs of Quotall clients. The joint strategy will offer a consolidated solution for big brands across industry sectors that wish to launch… Continue reading Acrisure Enters Partnership with Quotall
Canadian Ratehub Inc. Launches Its Own Insurance Brokerage
Ratehub Inc. has launched its own property and casualty (P&C) brokerage, RH Insurance. This launch brings Ratehub Inc. one step closer towards achieving its goal of being Canada’s go-to source for digital personal finance products across insurance, mortgages, credit cards, investing and banking products. RH Insurance will enhance Ratehub.ca’s insurance user experience by helping customers… Continue reading Canadian Ratehub Inc. Launches Its Own Insurance Brokerage
Insurtech Waffle Closes $5M Seed Funding Round
Waffle, a New York based insurtech startup, raised $5m in seed funding. The round was led by Verve Ventures, with participation from BetterLabs Ventures and Techstars. The company plans to use the funds to continue to expand operations and its business reach. Led by Quentin Coolen, CEO & Co-Founder, Waffle is a consumer platform which… Continue reading Insurtech Waffle Closes $5M Seed Funding Round
Lemonade CFO Uses Social Media to Connect with Individual Investors
Insurance firm Lemonade Inc. is turning to social media channels to communicate with individual investors, a group that has demonstrated its influence in recent months by driving up the price of certain companies’ shares. Individual shareholders, many of them with more time on their hands during the pandemic, earlier this year banded together to buy… Continue reading Lemonade CFO Uses Social Media to Connect with Individual Investors
Lemonade Opens Early Registration for Lemonade Car
Lemonade, the insurance company powered by artificial intelligence and behavioral economics, announced it is readying ‘Lemonade Car’ for launch within the year. Early registration is now open at www.lemonade.com/car. Today’s news marks the company’s third expansion into a major new insurance category in less than 12 months. The company started with homeowners products, adding pet… Continue reading Lemonade Opens Early Registration for Lemonade Car
Insurance Startup Clearcover Raises $200M from Eldridge, Others at $1B Valuation
Clearcover has raised $200 million in fresh capital as part of a late-stage financing round led by Eldridge, the investment firm helmed by Los Angeles Dodgers owner Todd Boehly, the digital car-insurance startup will announce on Tuesday. In a statement seen by Reuters ahead of the announcement, Chicago-based Clearcover did not comment on its valuation,… Continue reading Insurance Startup Clearcover Raises $200M from Eldridge, Others at $1B Valuation
K2 Insurance Services Acquires Loss Run Pro
K2 Insurance Services is pleased to announce that it has recently invested in Loss Run Pro, LLC. Headquartered in Missoula, MT, LRP is an Insurtech that was founded in early 2020 by Reghan Brandt. Since its founding, the company has gained nationwide recognition, attracting a broad range of retail brokers to its platform. K2 Insurance… Continue reading K2 Insurance Services Acquires Loss Run Pro
Reliance Global Group Adds Travelers, Nationwide to Its 5MinuteInsure.com Platform
Reliance Global Group, Inc., an insurtech company focused on combining advanced technologies with the personalized experience of a traditional insurance agency, today announced its subsidiary, Fortman Insurance Services LLC, has been approved to offer Travelers and Nationwide insurance products nationally through the Company’s 5MinuteInsure.com platform. Reliance plans to initially focus on home and auto insurance,… Continue reading Reliance Global Group Adds Travelers, Nationwide to Its 5MinuteInsure.com Platform