Policygenius News

Majority of Young Homeowners Expect Their Homes to Be Damaged by Extreme Weather in Next 30 Years

Young homeowners are more concerned about the damage climate change-related extreme weather could do to their homes, according to a new survey from Policygenius. The survey found that 72 percent of young insured homeowners (age 18 to 34) believe it …

Insurance Technology: Policygenius Raises $125M; Players Health Raises $28M

Insurance brokerage platform Policygenius announced the closing of $125 million of new growth capital, bringing the insurtech’s total funding to more than $250 million. The platform, launched in 2014, allows customers looking for life, disability, home and auto insurance to …

Insurance Marketplace Policygenius in Talks to Go Public Via SPAC

Policygenius Inc., an online insurance marketplace, is in talks to go public through a merger with the blank-check company PWP Forward Acquisition Corp. I, according to people with knowledge of the matter. A valuation for the transaction hasn’t yet been …

EverQuote’s Gumennik Moves to Policygenius to Lead Marketing

Maya Gumennik, a former EverQuote and Tripadvisor executive, has joined digital personal lines insurance broker Policygenius as the company’s head of Marketing. Gumennik will oversee the company’s marketing strategy and manage the marketing team. Gumennik brings nearly a decade of …

Policygenius Hires Shepherd as Chief Financial Officer

Policygenius has hired Bill Shepherd as the company’s chief financial officer. In this role, Shepherd will oversee all of the company’s finance-related functions including accounting, corporate finance, corporate and business development, financial planning and analysis, taxes and investor relations. Shepherd …

Policygenius Adds Google’s Garr as VP of P&C Operations in North Carolina

Online insurance marketplace Policygenius has made its first executive hire for its North Carolina headquarters. Erik Garr, who established Google Fiber’s operation in Durham, N.C, and was the director of strategy and operations at Google Cloud, will oversee property and …

Online Insurance Broker Policygenius Raises $100M From AXA, Others

Online insurance marketplace Policygenius raised $100 million in new financing. The company plans to use the money for hiring, to grow and to broaden the consumer financial protection products it will unveil in 2020. “With the support of our investors, …

Policygenius to Open 2nd Headquarters in North Carolina, Create 377 Jobs in State

Online insurance platform Policygenius plans to open a new technical and operations center in Durham County, North Carolina, according to a statement from Governor Roy Cooper. Policygenius’ new location plan calls for the creation of at least 377 jobs over …

Insurtech Startups Attract Growing List of Traditional Insurer Partners

Listening to Andrew Rear talk about insurers, you wouldn’t think he works for one that’s been around for 136 years. The 46-year-old head of Munich Re’s Digital Partners unit has said the industry is “one of the last bastions of …