Captives Can Be an Insurtech Accelerator June 10, 2020 By Stephen R. DiCenso With the immense financial and operational challenges brought on by the spread of the COVID-19 pandemic, many insurers have had...
Lemonade Files Planned IPO Worth Up to $100M June 9, 2020 By Mark Hollmer Home and renters insurer Lemonade disclosed plans for an initial public offering worth as much as $100 million. The New...
Insurtech MGA Hippo to Buy Its Carrier Partner Spinnaker Insurance June 5, 2020 By Mark Hollmer Home insurance insurtech agency Hippo plans to acquire New Jersey-based Spinnaker Insurance Co., an insurer with which it has has...
Workers’ Compensation Insurtech Pie Raises $127 Million With Plan to Acquire Carriers May 28, 2020 Workers’ compensation provider Pie Insurance announced the closing of $127 million in new financing and capital commitments. Gallatin Point Capital...
Insurtech Trov Partners with LatAm Insurer Sura to Bring On-Demand Insurance to Brazil May 28, 2020 Trov, the San Francisco-based insurtech company, is partnering with Latin American insurer Seguros Sura to bring on-demand insurance products to...
Coalition Launches Cyber Insurance and Security Coverage in Canada May 22, 2020 Coalition, the cyber insurance and security managing general agent, announced it is offering its products and services to Canada-based businesses....
Cyber Seller Coalition Counters Insurtech Funding Dip, Raises $90 Million for Expansion May 21, 2020 By Mark Hollmer Coalition, an insurtech managing general agency focused on cyber insurance and security, disclosed it raised $90 million in new venture...
Generali and Insurtech Descartes Underwriting to Develop Parametric Insurance Cover May 15, 2020 Generali’s P&C unit Global Corporate & Commercial (GC&C) and insurtech company Descartes Underwriting have formed a strategic partnership to develop...
Insurtech Zego Expands Partnership with RSA to Provide Cover for UK Van Fleets May 14, 2020 London-based insurtech Zego has expanded its partnership with RSA Insurance to provide flexible cover for van fleets. Zego is offering...
Q1 Insurtech Fundraising Drops 54% on COVID-19 Disruption: Willis Towers Watson May 8, 2020 Overall funding for insurtech investments decreased by 54% during the first quarter as a result of the COVID-19 crisis, compared...