InsurTech
Toyota Starts Offering Auto Cover With Farmers-Owned Toggle in 5 States
Automaker Toyota's insurance arm has begun selling its first branded insurance coverage, Toyota Auto Insurance, in Arizona, Illinois, Indiana, Ohio and South Carolina, and will soon be offering the ...
State Auto Innovation Exec Garland Will Lead Company After Liberty Mutual Closes Acquisition
State Auto Financial Corp. will have a new leader with experience in startups, innovation and restructuring once Liberty Mutual closes its $1 billion acquisition of the carrier in 2022. Kim Garland, ...
Usage-Based Car Insurance Could be Part of Stellantis Auto Software Strategy
Automaker Stellantis rolled out its software strategy on Tuesday including a 2030 target of 20 billion euros ($22.5 billion) in annual revenue from related products and subscriptions as it takes aim ...
InsurTech Buckle Inks MGA Agreement With Amwins Specialty Auto
Buckle, an InsurTech with a full-stack insurance-as-a-service platform for the gig economy, has inked a managing general agency (MGA) agreement with Amwins Specialty Auto, a non-standard auto ...
Wildfire Risk MGA Delos Raises $5.3M for Further California Expansion
Delos Insurance Solutions, a catastrophe insurance MGA focused on California wildfire-related risks, raised $5.3 million in seed funding designed to fuel further expansion in the state. "With this ...
Insurance Technology Firm Zywave Snatches Up Quoting Software Outfit ClarionDoor
Milwaukee-based Insurance technology firm Zywave reports it has acquired Santa Barbara, Calif.-based ClarionDoor, a seller of insurance product distribution software for the property/casualty market. ...
MGA Startup Kettle Raises $25M, With Plans to Expand Wildfire Reinsurance Protection
Reinsurance MGA startup Kettle raised $25 million in a Series A round led by Acrew Capital, with participation from Homebrew, True Ventures, Anthemis, Valor, DCVC, and LowerCarbon Capital. The San ...
InsurTech Decision Point: Shell Company or De Novo Carrier?
Dealing in the world of venture capitalists doesn't naturally prepare InsurTech leaders for the challenge of dealing with insurance regulators, an InsurTech executive said recently, explaining one of ...