digital agency News

Half of Insurance Agencies Lack a Digital Strategy, Applied Systems Survey Finds

A little more than half (51%) of independent insurance agencies and brokerages say they have some sort of digital strategy in place, with larger firms more likely than smaller to have one. That’s according to insurance technology company Applied Systems …

Comparison Website The Zebra Raises $38.5 Million

Digital personal lines comparison site The Zebra has reported $38.5 million in Series C fundraising. The round was led by Accel and included other current investors Silverton Partners, Daher Capital, Floodgate Fund, Ballast Point Ventures as well as Weatherford Capital …

Home Insurance Insurtech Hippo Buys Home Services Startup Sheltr

Digital home insurance managing general agency Hippo Insurance has acquired an early-stage startup in a bid to beef up its digital home insurance services for clients, Carrier Management reported. The insurtech said it acquired Sheltr, a San Francisco-based tech-enabled services …

Nationwide’s Digital Storefront Targets Small Business Market

Nationwide said it has formally launched a commercial insurance digital storefront targeted to small businesses. Small business owners will be able to use the site online directly to generate a quote and bind a policy, or do the same thing …

With $100M in New Financing, Digital Agency Hippo Plans Further U.S. Expansion

Online insurance agency Hippo Insurance said it has secured a $100 million financing round that will help propel a broader U.S. expansion of its super-quick online homeowners insurance. Global technology investment firm Bond led the Series D financing, which also …

Online Marketplace EverQuote Enters Health and Renters Insurance Markets

One year after its initial public offering raised $84 million, online insurance marketplace EverQuote announced it is expanding into health insurance and renters insurance, building on its existing auto, home and life insurance marketplace offerings. The Cambridge, Mass.-based company says …

Progressive Rolls Out Small Business Insurance Comparison Quoting Platform

Ohio-based national insurer Progressive has joined the ranks of carriers offering small businesses a platform to buy insurance quickly and simply. The insurer’s new online BusinessQuote Explorer (BQX) delivers multiple quotes from other carriers. Currently, BQX offers quotes for business …

Digital Commercial Lines Broker Embroker Raises $28 Million

Digital insurance broker Embroker announced its $28 million Series B funding round. Embroker said it will use the funding to scale adoption of its insurance management platform, data-driven service offering, and proprietary insurance policies. The round was led by Tola …

InsurTechs Take Note: Chubb’s Digital Marketplace Serves 1,000 Agents a Day

Giant global insurer Chubb is on a mission to transform itself into a digital enterprise. The company is making substantial investments in digital technologies including cloud, mobile, APIs, security, chatbots, analytics and data. The effort includes using digital capabilities to …

Workers’ Compensation Insurtech Pie Insurance Enters 5 Additional States

Online seller Pie Insurance has started offering its workers compensation insurance in five more states, bringing the total to 14. The Washington, D.C.-based managing general agent disclosed it has begun marketing its policies to small businesses in New York, Michigan, …