Category : InsurTech

Fintech Startups InsurTech News

Insurtech Ledgebrook Raises $4.2Million to Provide a Best-In-Class Quoting Experience to Wholesale Brokers

Fintech News Desk
Ledgebrook, an insurtech MGA startup focusing on middle market E&S, has closed a $4.2M seed round led by Brand Foundry Ventures alongside American Family Ventures  Ledgebrook, a Boston-based insurtech founded in March, has announced that it raised $4.2M in seed funding to build out its operations with the goal of writing its first policies in......
InsurTech News

Next Generation of Innovative Insurtech Companies to Join Accelerator

Fintech News Desk
Startup accelerator, gener8tor, and two leading organizations in the insurance space, Allianz Life Insurance Company of North America (Allianz Life) and Securian Financial, announced today the five participants of the 2022 OnRamp Insurance Accelerator: Botdoc, ForwardLane, Manifest, Nestimate and White Swan. Latest Fintech News: Interactive Brokers Expands Cryptocurrency Trading The startup......
InsurTech News

Equitable Holdings Mitigates Remaining Redundant Reserves Associated with New York’s Regulation 213 Through Proceeds of Reinsurance Transaction

Fintech News Desk
Equitable Holdings, Inc. announced that it has mitigated the remaining $1 billion of redundant reserves associated with New York’s Regulation 213 (“Reg. 213”). The Company’s principal operating subsidiary Equitable Financial Life Insurance Company (“EFLIC”) has entered into an agreement with Global Atlantic Financial Group subsidiary, First Allmerica Financial Life Insurance......
InsurTech News

SolCyber Transforms Cyber Insurance for the Mid-Market with Converge

Fintech News Desk
SolCyber, a Forgepoint Capital company and the first modern MSSP for the midmarket announced a partnership with Converge, an emerging cyber insurance provider, to redefine cyber insurance for the mid-market. The partnership helps small and mid-sized organizations dramatically improve their security posture and decrease business risk with a more efficient application......
InsurTech News

Ascend Partners with Agency Collective As The Preferred Payments & Financing Platform For 700+ Insurance Agencies & Independent Agents Across The US

Fintech News Desk
Ascend, the first modern insurance payments platform, has been officially endorsed by The AC as their preferred payments and financing platform for its vast member network. Latest Fintech News: Empire Capital and New Zealand-based Sanem Digital Launching ‘Round Up App” An Innovative Investment Entry Point Into Crypto From Cash Ascend is the......
InsurTech News

Insurity Announces Ellen Carney, Principal Analyst at Independent Research Firm, to Make Keynote Address

Fintech News Desk
Carney will speak at Excellence in Insurance Innovation, sponsored by Insurity, on the future of core insurance technology systems Insurity, a leading provider of cloud-based software for property and casualty (P&C) insurance carriers, brokers, and MGAs, announced that Ellen Carney, principal analyst of independent research firm Forrester, will be a......
InsurTech News

LexisNexis Insurance Demand Meter Shows Continued Downward Pressure in U.S. Auto Insurance Shopping Patterns

Fintech News Desk
Carrier Rate Increases, Suppressed Car Sales and Inflationary Pressures Continue to Stall Growth The latest edition of the LexisNexis Risk Solutions Insurance Demand Meter reports that the annual U.S. auto insurance shopping growth rate, which includes shopping and new policies, dropped for the fourth consecutive quarter for the first time since LexisNexis Risk......
InsurTech News

Arbor Ventures Establishes Strategic Partnership With Tokio Marine

Fintech News Desk
Tokio Marine Asia Pte. Ltd. announced a strategic partnership with Arbor Ventures, a leading global Fintech / InsurTech-focused venture capital firm, headquartered in Singapore. This partnership, established through its Innovation Lab in Singapore, marks Tokio Marine’s commitment to accelerating the digital transformation of the global insurance industry. “Tokio Marine is......
InsurTech News

Socotra App MarketPlace Gains Momentum with Twelve InsurTech Partners

Fintech News Desk
Socotra is building the first cloud-native software app marketplace for insurers, reducing time-to-market from months to minutes Socotra, the modern core platform provider for innovative insurers, announced that twelve leading insurance technology providers have joined Socotra App MarketPlace to publish modern software apps connected to Socotra policy core, making the......
1