Latest CoverWallet Headlines
All the headlines from our CoverWallet Topic Page, ordered by recency.
Markets/Coverages: Cover Whale, CoverWallet Partner on Trucking Insurance
Aug 17 2023 // Insurtechs Cover Whale and Aon’s CoverWallet said they have partnered on providing commercial trucking insurance. The collaboration brings together Cover Whale’s trucking insurance capacity with...
CoverWallet Launches Digital Management Liability Package for VC-Backed Startups
Aug 3 2020 // CoverWallet, an Aon company and digital insurance platform for businesses, has launched a digital insurance product for venture capital (VC)-backed startups. The new management liability package offers VC-backed startups...
Agency M&As: Private Equity Still in Driver’s Seat; Digital Agencies Attract Attention
Mar 2 2020 // The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory in 2019. As many as two-thirds of all deals involved private equity, according to experts. Most...
Business Moves
Dec 2 2019 // National Aon, CoverWallet Global insurance broker Aon has agreed to acquire CoverWallet, a digital insurance platform for small and medium-sized businesses. No purchase price was disclosed. Founded in 2015 by technology...
Aon to Acquire CoverWallet, Small-Medium Business Digital Insurance Agency
Nov 20 2019 // Global insurance broker Aon has agreed to acquire CoverWallet, a leading digital insurance platform for small and medium-sized businesses. The acquisition provides Aon with additional access to what it sees as a...
Aon to Grow Partnership with CoverWallet for Small-Medium Business Market
May 31 2019 // Global insurance broker Aon is partnering with digital insurance platform CoverWallet to serve clients in Australia. The parties also said they are in the process of expanding this partnership to additional geographies,...
Hanover Offers Agents Small Business Platform Using CoverWallet Technology
Apr 17 2019 // The Hanover Insurance Group is debuting a digital platform to help independent agents acquire new small business customers including freelancers, contractors and other self-employed professionals. Calleed Insurago, the...
Zurich, CoverWallet Launch Online Insurance Platform for Smaller Firms in Switzerland
Apr 11 2019 // Zurich Insurance Group’s investment in CoverWallet is bearing fruit, with Zurich now providing insurance for small and medium-sized businesses in Switzerland via CoverWallet’s online platform. CoverWallet uses...
Look Who Is Betting on the Agency System
Feb 15 2019 // According to some pundits, buyers should all be online and the agency system should be dead by now. However, it appears not everyone got that memo. Here are some recent examples of companies, techies and investors betting...
Who’s Investing in the Agency System
Jan 21 2019 // According to some pundits, the agency system should be dead by now. However, it appears not everyone got that memo. Here are some recent examples of companies, techies and investors putting their money where their mouth is...
CoverWallet Opens Its Tech Platform, Carriers to Independent Agents
Jan 7 2019 // “We give you a login and password, and then every time that you talk to a customer, you can use our platform to sell faster, simpler, quicker,” said CoverWallet CEO Inaki Berenguer, referring to insurance...
Small Business Insurtech CoverWallet Expands to Offer Its Tech, Markets Access to Agents
Dec 4 2018 // CoverWallet, a technology company that has been on a mission to “reinvent insurance for small business” customers, is now offering its platform for insurance agencies, the company revealed today. With 16...
Insurtech Agency CoverWallet Offers Its API for Other Small Firms to Offer Insurance
Jun 27 2018 // Digital small business insurance agency CoverWallet, which is partly owned by insurers Zurich Insurance and Starr Companies, is expanding its distribution by letting other small businesses such as accountants and lenders...
Zurich Insurance Buys Minority Stake in InsurTech Startup CoverWallet
Jun 11 2018 // Zurich Insurance Group has acquired a minority stake in CoverWallet, a digital business insurance agency startup. CoverWallet, which launched in 2016, said the investment builds on commercial partnership between the two...
CoverWallet Expands Presence in U.S. With Rochester Office
Apr 11 2018 // CoverWallet, a small business insurance startup, has expanded its presence in the U.S. with a new office in Rochester, N.Y. This expansion comes as CoverWallet in February announced a strategic partnership with Zurich to...
Zurich, Insurtech Startup CoverWallet Offer End-to-End Insurance for SMEs in Spain
Feb 16 2018 // Zurich Insurance has launched ZurichEmpresas.es, a new digital distribution channel, which initially will provide insurance solutions for small-and-medium-sized enterprises (SMEs) in Spain. The platform, powered by...
Insurtech CoverWallet Secures $18.5 Million to Expand Small Business Insurance Platform
Oct 12 2017 // Digital business insurance agency CoverWallet said it has closed a $18.5 million Series B funding round led by Foundation Capital with participation from existing investors Union Square Ventures, Index Ventures, CV Starr...
Starr Buys Stake in Small Business Insurtech CoverWallet
Jul 19 2017 // Starr Companies is now a minority shareholder in online small business insurance agency CoverWallet. CoverWallet confirmed the deal that was first reported by the Wall Street Journal. No financial terms were...
Small Business Insurance Site CoverWallet Pulls In $7.8 Million in Funding
Nov 17 2016 // Online commercial insurance agency CoverWallet announced it has received $7.8 million in funding in a Series A round led by Union Square Ventures, bringing its total raised to date to $9.5 million. In addition to Union...
2 Instech Startups Target Small Business Insurance Market
Mar 15 2016 // Small business insurance providers will soon have two new competitors from the technology world. Next Insurance, an online shopper for small businesses, today announced a $13 million seed investment led by investors Zeev...
