InsurTech
InsurTech CoverHound Acquired by Broker Brown & Brown
Another InsurTech has been acquired. This time, insurance broker Brown & Brown, Inc. bought CoverHound, a digital property/casualty insurance marketplace, and CyberPolicy, CoverHound's small ...
How We Did It: Becoming an InsurTech Unicorn
When InsurTech entrepreneurs like Assaf Wand, Max Simkoff and Dan Preston set out on the path of bringing groundbreaking ideas to life in the insurance industry, they heard a lot of negative talk ...
Stable Insurance Learns How Not to Spook Capacity Providers
Back in 2015, Douglas Ver Mulm was co-founder of Vervoer Rideshare Fleet, which runs and manages rideshare vehicles in New York City—a side gig when he was a lawyer at Mercer handling data security ...
Insurers Make Major Strides in Beefing Up Customer Experience: IBM Survey
Insurers have made significant strides over the last decide in improving customer experience through new technology or other initiatives, a new IBM survey found. Approximately 85 percent of insurers ...
InsurTech Veterans Debut MGA Startup Assurely, Disclose $3.7M Seed Round
Veteran co-founders or executives from Lemonade, CoverWallet and Pie Insurance are behind a new InsurTech that raised $3.7 million in debut financing – money designed to support its focus on ...
InsurTech VC Breaks Records in Q3; Mid-Tier Startup Funding Shrinks
InsurTech funding saw the largest number of deals and the highest amount of funding since data recording into InsurTech began, with $2.5 billion raised by InsurTech firms across 104 deals during the ...
Root Raises $724.4M, an IPO Victory for the Auto Insurance Startup
Automobile insurance startup Root Inc sold shares in its initial public offering (IPO) on Tuesday at $27 apiece, above its target range, to raise $724.4 million, the company said. Root, which has ...
Huckleberry CEO: Digital Insurance Can Help SMB Customers Survive a Pandemic
Every small business has been hurt to some extent by the coronavirus pandemic. As the world of work slowly returns to normalcy, small businesses need to prepare themselves with the right insurance ...