InsurTech
Jones Joins HSCM From SCOR to Expand InsurTech Group
Adrian Jones, the former leader of SCOR's P&C Ventures unit, has signed on with Hudson Structured Capital Management Ltd. to expand the asset manager's InsurTech and global reinsurance groups, ...
Nitschke Hands InsurTech Bunker’s Reins To Simkin As New CEO
Late last week, Chad Nitschke, chief executive officer of InsurTech Bunker, a contract-related insurance marketplace he co-founded in 2016, announced that he is passing the CEO reins to Jordan ...
InsurTech Loop Announces Seed Funding, Targets Fair Auto Insurance
Loop, a B-Corp MGA focused on using AI, big data and telematics to build more inclusive auto insurance, announced the close of a $3.25 million seed round on Wednesday. Freestyle.VC led the funding ...
American Family Acquiring InsurTech Bold Penguin
Madison, Wisc.-based American Family Insurance announced Thursday that it is acquiring Columbus, Ohio-based Bold Penguin, an InsurTech that simplifies the process of obtaining small business ...
Lemonade Plans to Sell 3 Million Shares in Secondary Offering
Digital insurer Lemonade has announced plans to sell 3 million shares of common stock to raise money for "general corporate purposes." The New York-based InsurTech could raise as much as $808 ...
ReSource Pro Grabs Insurance Consulting Firms Strategy Meets Action, The Nolan Company
ReSource Pro said it has acquired two strategic advisory and management consulting firms focused on property/casualty insurance: Strategy Meets Action and The Nolan Company. ReSource Pro, an ...
For Brown & Brown, Acquiring CoverHound Accelerates Tech Modernization Efforts
Property/casualty insurance companies far and wide are considering whether to develop technology platforms in-house or modernize some other way. Brown & Brown chose an acquisition to get there. ...
Online Selling Platform Apollo Insurance Solutions Pulls in a $13.5M Financing Round
Apollo Insurance Solutions Ltd., a Toronto-based online insurance platform, said it has closed an oversubscribed $13.5 million Series A financing round. The funding exceeded its original $4 million ...