InsurTech
QOMPLX Eyes Global Growth After Planned Reverse Merger Deal
QOMPLX, an InsurTech focused on cyber security risk analytics, said it will become a public company in a reverse merger agreement and then acquire two other companies. The Virginia-based outfit ...
Florida’s TypTap Attracts $100M Investment to Fuel Flood Insurance Expansion
TypTap, a Florida-based InsurTech startup that writes private market homeowners and flood insurance, attracted $100 million in financing from investment firm Centerbridge Partners. Plans call for ...
Root Loses $363M in 2020, Will Accelerate Growth Plans in 2021
Root Inc.'s second earnings report as a public company reveals that the digital auto insurance startup continues to lose substantial amounts of money but it is generating substantial premium and ...
BrokerTech Ventures Announces 2021 Cohort Class for Accelerator
BrokerTech Ventures (BTV), the industry's first broker-led investor group and accelerator program, has selected 12 InsurTech startups to take part in its 2021 accelerator curriculum. Aclaimant in ...
Observers Give Mixed Reception to Chubb’s New Blink Digital Platform
Chubb is an old school P/C insurer touting its new Blink platform for consumers as an "easy, effortless and affordable" option "for digitally-savvy consumers." Interestingly, many InsurTechs use the ...
AI-Driven Insurance Distribution Platform Wins $11 Million Financing Round
A startup centered around an AI-driven platform for insurance distribution secured $11 million in Series A financing. Zelros plans to use the money, in part to propel its North American expansion, ...
Black Founders Face Venture Funding Drought
When Donnel Baird first pitched his idea in 2014 to create a technology platform that could help small apartment buildings and other urban structures become energy efficient, he got the U.S. ...
Partner vs. Vendor: A Distinction That Matters When Working With Startups
It's hard to ignore the energy and attention that InsurTech startups have brought to our industry over the last several years. And with that energy, more insurance carriers and MGAs looking for a ...