bundled policies News

Insurance Bundler Branch Raises $147M, Touts Unicorn Status

Columbus, Ohio-based auto and home insurer Branch reported a $147 million Series C funding, which it says brings its valuation to $1.05 billion. Branch, launched in 2019, is a full-stack insurance company that uses data, technology, and automation to make …

Cybersecurity Firm Transmosis, Cysurance Offer Small Business Subscription

Cybersecurity firm Transmosis and insurance agency Cysurance have launched a bundled cybersecurity and insurance product that requires no insurance brokers, research, or yearly contracts and is sold on a monthly subscription basis. The new cyber liability insurance product works with …

Progressive Insurance Acquiring Homeowners Group ASI for $875M

Auto insurance giant Progressive Insurance is enhancing its homeowners insurance offerings by acquiring controlling interest in a Florida-based group of insurers now selling homeowners, renters, condo, umbrella, flood and other property/casualty coverages in about half the states nationwide. The Progressive …