Embroker News

Embroker, with Plan to Become Full-Stack Insurance Carrier, Raises $100M

Embroker, a digital broker focused on business insurance, aims to become a full-stack insurance carrier – an expansion of its strategy enabled by $100 million in new venture capital financing. The money infusion will help fulfill a broader rethinking of …

People Moves: Embroker Names 2 Execs; Markel Promotes Castriotta; Kaufmann, McPhail Join WTW; Laufer, Pignataro to AGS Executive Team

Digital commercial lines insurer Embroker announced the appointment of a chief insurance officer and a chief technology officer. Steve Prymas, Embroker’s new chief insurance officer, brings 20 years of experience to the company, having served as vice president, Specialty Lines …

Cannabis Broker Spotlight: Embroker’s Samuels Says Diving in Was Key to Success

Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …

New Embroker Business Owners Policy (BOP) Targets SMEs

Embroker, Inc., a digital insurance broker, has partnered with CNA to provide a customized business owners policy (BOP) coverage to its business clients. Embroker is a technology platform that digitizes all aspects of the insurance process and provides customers with …

Everest Offers Small Law Firm Liability Program Via Digital Broker Embroker

Everest Insurance has joined with digital broker Embroker to provide an online lawyers’ professional liability program for law firms with up to 10 employed attorneys. Through Embroker’s digitized platform, Everest’s Lawyers’ Professional Liability policy offers several coverage enhancements. The coverage …

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 …

Embroker Launches Direct-to-Customer Online D&O Policy for Startups

Embroker, a digital commercial insurance brokerage, has launched a fully digital directors and officers (D&O) insurance policy, specifically designed for venture capital (VC) backed tech startups. The D&O policy is part of Embroker’s new digital Startup Program, which also includes …

Alternative to Insurtech or Legacy Tech for Small Commercial: Introducing QBE, Arrowhead Partnership

When it was announced in June that San Diego, Calif.-based Arrowhead General Insurance Agency Inc. was selected as the program administrator for QBE North America‘s small commercial insurance portfolio, it immediately raised one big question. Why was a carrier with …

10 Takeaways from the Future of Insurance and InsureTech Connect Conference

You’ve probably heard. There is tremendous investor interest right now in technology-first insurance startups, or insurtech firms. The first InsureTech Connect Conference in Las Vegas in early October attracted an estimated 1,500 tech entrepreneurs, investors and insurance executives from around …

Commercial Lines Tech Startup Embroker Now Open for Business

Technology-inspired startup insurance broker Embroker, which bills itself as the first modern business insurance platform, has officially launched. Embroker is a commercial lines platform that empowers — hence the name, Embroker — businesses of all sizes to manage, buy, analyze, …