Category : InsurTech

InsurTech News

Layr Secures $10 Million Investment to Bridge the Small Business Insurance Tech Gap for Brokers

GlobeNewswire
Insurtech Platform Digitally Streamlines Brokers’ Small Business Insurance Operations from Quote to Claim Layr, a leading insurance tech company, closed a $10 million round of financing led by Cota Capital. The K Fund, HSCM Ventures, Sandbox Industries, and Flyover Capital also participated in the round. The company will use the......
InsurTech News

NEXT Insurance Enters Partnerships with Allstate and Allianz X, Supported by $265 Million Strategic Investment

PR Newswire
NEXT will provide its products to Allstate customers, expanding its footprint to even more small businesses nationwide NEXT and Allstate will co-develop innovative and unique commercial auto products to target market of 33 million small businesses Deal with Allianz Re bolsters its reinsurance relationship with a multi-year commitment Partnership fuels a new $265......
InsurTech News

Risk Strategies Acquires Fairmount Benefits Company

GlobeNewswire
Specialty firm adds to the expertise of rapidly growing national employee benefits practice Risk Strategies, a leading national specialty insurance brokerage and risk management firm, announced it has acquired Fairmount Benefits Company, a Pennsylvania-based specialty firm focused on developing and administering employee benefit programs for corporate employers. Terms of the......
InsurTech News

Pattern Insurance Unveils FlexIt: Revolutionizing Cancellation Flexibility for Non-Refundable Bookings

PR Newswire
Pattern, a leading InsurTech innovator specializing in customized embedded insurance and non-insurance products, is thrilled to announce the launch of its groundbreaking service, FlexIt. Designed to provide unmatched cancellation flexibility for non-refundable bookings, FlexIt empowers travel, booking, and registration retailers to offer their customers an immediate, no-questions-asked cancellation option. According to Expedia’s most......
InsurTech News

Neptune Flood Crosses $200 Million of Premium in Force, Becomes Primary Alternative to NFIP

PR Newswire
Seven Insurance Industry Leaders Join Inaugural Advisory Board for Next Stage of Growth Neptune Flood, the largest private provider of flood insurance in the United States, has crossed $200 million of premium in force and adds seven members to its newly formed advisory board, it was announced today by Trevor Burgess, CEO of Neptune Flood.......
InsurTech News

Insurtech Startup Quotewell Comes Out of Stealth, Raised Over $15 Million in Series a Funding Led by NEA

PR Newswire
QuoteWell, a tech-enabled commercial insurance wholesale brokerage that is at the forefront of innovating the distribution side of insurance, announced the launch of its brokerage operations to serve independent retail agents. QuoteWell helps agents who are often overlooked and given poor customer service due to low premiums associated with their......
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Top 10 YouTube Channels For Fintech Banking

Pooja Choudhary
Do you want to be abreast of the newest developments in fintech, finance, banking, insurance, business, stock market, financial news, technology, entrepreneurship, and investing? If so, you should subscribe to the best YouTube channels that cover these topics and more. Stop right there! We’ve done the legwork and found the......
Finance InsurTech News

MarshBerry Acquires IMAS Corporate Finance

PR Newswire
Expanding MarshBerry’s global reach by acquiring leading U.K. M&A operation. MarshBerry, a global M&A advisory firm for insurance brokers and wealth management firms proudly announced that it has acquired IMAS Corporate Finance LLP (IMAS). IMAS is a leading M&A advisory firm in the United Kingdom (UK) insurance and wealth segments and......
InsurTech News

Allianz Partners Announces Strategic Partnership With Bolttech

PR Newswire
The collaboration will address growing customer demand for embedded insurance solutions for device and appliance protection across Asia Pacific and the United States Allianz Partners, a world leader in B2B2C insurance and assistance services, and bolttech, an international insurtech, announced a partnership to provide embedded device and appliance protection insurance across Asia Pacific and the United States. The......
InsurTech News

Insurance Navy Brokers Expands Its Footprint Now selling Cheap Car Insurance in Las Vegas, Nevada

GlobeNewswire
As the city of Las Vegas continues to grow and thrive, so too does the need for reliable auto insurance. With an ever-increasing number of vehicles on the road, it’s crucial that drivers have access to high-quality car insurance coverage that will protect them in case of damages or accidents. Insurance......
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