InsurTech
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 ...
SPAC Entity Backed by AmTrust CEO Files for $300M IPO
A blank-check firm, backed by AmTrust Financial Services Chief Executive Officer Barry Zyskind, is looking to raise $300 million through an initial public offering, a regulatory filing showed on ...
American Family Closes Purchase of Digital Exchange Bold Penguin
Madison, Wisconsin-based American Family Insurance has closed the deal on acquiring digital exchange Bold Penguin, a startup designed to simplify the process of obtaining small business insurance. ...
An InsurTech Mentor Explains Where He Fits in the Startup Process
As Abel Travis sees it, every InsurTech could use a mentor—someone from the insurance industry who can offer advice and counsel on how to target their growth toward success and viability. "Having ...
Nationwide Boosts Venture Capital Fund to $350 Million
Nationwide plans to more than triple its venture capital fund and also increase the division's alignment with its corporate development strategy. The Ohio-based property-casualty insurer is growing ...