Category : InsurTech

InsurTech News

At-Bay Acquires Relay to Accelerate the Future of Specialty Insurance

Fintech News Desk
by Fintech News Desk0
At-Bay, the insurance provider for the digital age, announced the acquisition of Relay, a technology solutions provider enabling the digital transformation of commercial insurance placements. Latest Fintech News: Flexia Launches InstaPlay Registration and Integrated Onboarding Module of Its Cashless Gaming Solution Relay will continue to serve a growing list of brokers......
InsurTech News

Insuretech startup Reserv announces Martha Dreiling as Co-Founder and Chief Operating Officer

Fintech News Desk
by Fintech News Desk0
Today, Reserv announced that Martha Dreiling is joining the company as Co-Founder and Chief Operating Officer. Martha brings 15+ years of venture-backed insuretech and fintech experience to Reserv at a pivotal moment as it exits stealth mode and begins its journey of building a digital-first claims management organization. Reserv announced......
InsurTech News

AM Best Rating Reaffirms Insurtech Accelerant Excellent Credit Rating

Fintech News Desk
by Fintech News Desk0
Accelerant, the insurtech empowering underwriters with superior risk exchange, data analytics, and capacity commitments, announced today that AM Best reaffirmed its Financial Strength Rating of A- and Long-Term Issuer Credit Rating of a-. This news was accompanied by Accelerant’s increase to Financial Size IX, for companies with $250-500 million in......
InsurTech News

Pie Insurance Appoints Ekta Aggarwal to Chief Product Officer and Erin Mesick to Vice President of Finance

Fintech News Desk
by Fintech News Desk0
Pie Insurance (“Pie”), an insurtech company specializing in workers’ comp insurance for small businesses, appointed two accomplished executives to its leadership team. Ekta Aggarwal joins the company as chief product officer and Erin Mesick joins as vice president of finance. Both Aggarwal and Mesick will leverage their unique experiences at industry-leading companies to......
InsurTech News

Autonomy Launches Month-to-Month Auto Insurance as Part of Subscription Bundle in Partnership With Liberty Mutual Insurance

Fintech News Desk
by Fintech News Desk0
Autonomy, the nation’s largest electric vehicle subscription company, introduced a completely digital, month-to-month auto insurance product into the Autonomy subscription bundle, in partnership with Liberty Mutual Insurance, the sixth-largest global property and casualty insurer. Latest Fintech News: Mecobit Starts New Era in Solar Powered Cryptocurrency Mining Auto insurance coverage is now......
InsurTech News

Insurance Industry Titans Collaborate to Form COVU, Helping Insurance Agents and Carriers Build Customer-Centric, Growth-Oriented Businesses

Fintech News Desk
by Fintech News Desk0
AI Intelligence Company launches with $10 Million in Seed Funding Insurance industry veterans Ali Safavi and Tasos Chatzimichailidis have pooled their talent and networks to bring COVU to market—the only all-in-one AI-enabled digital platform for insurance agencies. Joining them are co-founders, machine learning, AI and data science experts Amir Kargar and Amin......
Fintech Startups InsurTech News

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

Fintech News Desk
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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......
1