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. The broker announced in November that it bought digital property/casualty insurance marketplace …
Insurance broker Brown & Brown has acquired CoverHound, a digital property/casualty insurance marketplace, and CyberPolicy, CoverHound’s small business subsidiary. Neither side disclosed financial details of the asset transaction. After the deal closes, CoverHound and CyberPolicy will continue to operate independently …
Despite progress, carriers are still falling short in how they approach cyber insurance and also how they cover events when they happen. How can this be? The unique makeup of cyber risks continues to hold them back, according to experts …
CyberPolicy, an online marketplace designed for small and medium-sized businesses (SMBs) to compare, quote, and buy cyber insurance, has released CyberPolicy Genesis, a one-click cyber insurance product. Starting at just $9.99 per month, CyberPolicy Genesis bundles cybersecurity protection with the …
Digital property/casualty insurance platform CoverHound announced it has raised a $58 million Series D funding round. Global specialist insurer Hiscox led the round, along with additional investors including Chubb, Aflac Ventures and Japan-based MS&AD. The latest round brings the total …
Clearsurance, an online publisher of insurance consumer reviews and data, has announced its partnership with CoverHound, an online property and casualty insurance comparison platform. Based just outside of Boston, Mass., and founded in 2016 by Michael Crowe and Todd Kozikowski, …
CoverHound is getting into the rideshare insurance business. The online insurance comparison shopping platform has partnered with several large carriers to offer auto insurance quotes in 24 states for people who drive for rideshare services like Uber and Lyft. The …
Two weeks after unveiling insurance offerings for small businesses on its online platform, CoverHound has launched another website—CyberPolicy.com—with cyber protection tools for a similar target market. Initially targeting slightly smaller businesses—those with 15 employees or fewer—CyberPolicy.com went live on Oct. …
Online personal insurance seller CoverHound is adding business insurance offerings— including workers’ compensation and commercial auto— to its online platform at CoverHound.com. The site is starting by focusing on small businesses with fewer than 20 employees and plans to gradually …
CoverHound CEO Keith Moore has a vision of simplifying cyber insurance sales that involves underwriting the security vendors used by insureds—a model that could ultimately allow small business customers to bind their cyber policies online. That’s just one part of …
