Tag : commercial insurance

Nirvana Insurance Secures $80 Million Series C to Redefine Commercial Insurance with AI
Artificial Intelligence InsurTech News

Nirvana Insurance Secures $80 Million Series C to Redefine Commercial Insurance with AI

PR Newswire
Nirvana Insurance, the leading AI-driven commercial trucking insurer, announced an $80 million Series C funding round, valuing the company at nearly $850 million. This round came after a momentous year for Nirvana, which exceeded $100 Million in Premiums, more than doubling year over year. The round was led by General Catalyst with continued support......
CoverForce Secures $13 Million in Series A Funding Led by Insight Partners to Build Infrastructure and Connectivity Between Insurance Carriers and Agencies
Fintech InsurTech News

CoverForce Secures $13 Million in Series A Funding Led by Insight Partners to Build Infrastructure and Connectivity Between Insurance Carriers and Agencies

PR Newswire
CoverForce, a leading infrastructure platform for commercial insurance, announced a $13 million Series A funding round led by global software investor Insight Partners with participation from Nyca Partners. The investment will accelerate CoverForce’s mission as a leading marketplace for quote-and-bind API connections, enabling seamless digital interactions between insurance carriers, agencies,......
Texas Regional Bank Acquires Smith-Reagan Insurance
InsurTech News

Texas Regional Bank Acquires Smith-Reagan Insurance

PR Newswire
TRB Expands Commercial Insurance Portfolio Texas Regional Bank (TRB) announces its recent acquisition of Smith-Reagan Insurance (Smith-Reagan), a leading provider of commercial insurance services in Cameron County, Texas. The acquisition is part of TRB’s continued expansion of its insurance subsidiary. TRB Insurance Agency was established in 2022 and began issuing policies......
Innoveo Launches Small Commercial Insurance Accelerator Delivering Digital Capabilities for SME Markets
InsurTech News

Innoveo Launches Small Commercial Insurance Accelerator Delivering Digital Capabilities for SME Markets

PR Newswire
Newly launched accelerator enables small commercial insurers to quickly launch personalized insurance offerings that help small businesses better manage risks and protect assets Innoveo, a leading no-code technology provider for insurance enterprises, announced the launch of its accelerator for the small commercial insurance space. The accelerator, empowering insurers to quickly......
Allianz to Serve Global Commercial Insurance Segment as One Go-to-market Business
InsurTech News

Allianz to Serve Global Commercial Insurance Segment as One Go-to-market Business

Business Wire
Allianz to operate its Mid-Corporate and Large-Corporate insurance businesses under one strategy and market approach Allianz Group announced that it will serve the global commercial insurance segment as one go-to-market business under the trading name Allianz Commercial, featuring an integrated approach encompassing its Allianz Global Corporate & Specialty (AGCS) business......
Ford Credit Plans Commercial Vehicle Insurance for Ford Pro Customers Powered by Pie Insurance
InsurTech News

Ford Credit Plans Commercial Vehicle Insurance for Ford Pro Customers Powered by Pie Insurance

Fintech News Desk
Ford Pro Insure expected to launch in first half 2023, expanding Ford Pro’s one-stop shop of vehicles, software, charging, service and financing Expanding the one-stop shop of products and services offered by Ford Pro to commercial customers, Ford Credit announced plans to launch Ford Pro Insure, a new commercial auto......
WTW Collaboration With Liberty Specialty Markets and Markel Moves Insurance Industry Closer to Digital-First Marketplace
Banking InsurTech News

WTW Collaboration With Liberty Specialty Markets and Markel Moves Insurance Industry Closer to Digital-First Marketplace

Fintech News Desk
Integral to WTW’s wider strategy to transform digital capabilities across the entire value chain, the venture will improve connectivity, giving brokers efficient, flexible trading options and insurers speed and scale WTW, a leading global advisory, broking and solutions company, has announced a new collaboration with insurers Liberty Specialty Markets (LSM)......
World Insurance Associates’ Acquisition of Commercial Insurance Agency Expands Presence in the Greater Boston Area
InsurTech News

World Insurance Associates’ Acquisition of Commercial Insurance Agency Expands Presence in the Greater Boston Area

Fintech News Desk
World Insurance Associates LLC (“WIA”), a Top 100 Insurance Brokerage, announced that it acquired Commercial Insurance Agency (“CIA”) of Belmont, MA on  May 1, 2022. Terms of the transaction were not disclosed. Latest Fintech News: Smart Financial Credit Union names LeAnn Kaczynski as Chief Executive Officer George W. Ruggiero, Jr.......
Talage Announces Partnership with Cowbell Cyber
InsurTech News

Talage Announces Partnership with Cowbell Cyber

Fintech News Desk
Digital solution simplifies the purchase of small commercial cyber coverages for Cowbell’s agents and customers and is the first cyber insurance product delivered via Talage’s Wheelhouse platform  Talage, a provider of digital distribution software solutions for commercial insurance, is pleased to announce a partnership with Cowbell Cyber (Cowbell), a provider of......
Foxquilt Announces New U.S. Headquarters in North Carolina and Brandon Hickey joining as VP Sales and Operations Leader
B2B Business Fintech InsurTech Investment Services News

Foxquilt Announces New U.S. Headquarters in North Carolina and Brandon Hickey joining as VP Sales and Operations Leader

Fintech News Desk
Foxquilt, a leading Canadian insurance technology company focused on empowering small businesses and B2B networks to save on small business insurance, announces plans for its headquarters in North Carolina and names Brandon Hickey as Vice President Sales and Operations Leader. With their partnership with Digital Partners, a Munich Re company......
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