The platform is designed to provide agents with a streamlined way to offer commercial insurance to businesses, accessing top carriers for multiple types of policies from a single point of entry.
The deal will give Aon additional access to the premium digital insurance market for small and medium-sized businesses, as well as the opportunity to leverage CoverWallet’s platform.
The Series A round was led by Union Square Ventures and brings the online small commercial agency’s capital raised to $9.5 million.
The package lets startups instantly buy and manage D&O, EPL and Fiduciary coverage online.
The collaboration expands insurance offerings for independent truck drivers and small fleets nationwide.
Natively built in Salesforce, the TechCanary system is designed to enable digital agencies to scale with flexibility, confidence, and efficiency.
Rashmi Melgiri and Hal Schwartz discuss the company’s InsurTech background, including the founders’ previous work at CoverWallet, and what’s ahead short and long term.
CoverWallet makes it simple for small businesses to understand, buy, and manage insurance. Access the platform from your phone or computer. (PRNewsFoto/CoverWallet)
The offering simplifies the insurance process for both franchisors and franchisees of multiple industries in North America with better choice, digital tools and dedicated broking resources.
Iñaki Berenguer, CEO of CoverWallet.
