The insurer expects the CoreSuite and Sapiens IntelligencePro to accelerate growth and help the it meet new product demands.
The current round, which brings total capital raised to $17,000, was led by ManchesterStory, with participation from EMC Insurance Companies, MaidenRe and other original investors.
The platform quickly and easily models and quantifies the broker’s clients’ cyber risk, facilitating conversations about risk appetite and the appropriate level of coverage.
Trov and SURA will begin by launching a flexible on-demand insurance product for personal valuables and mobility, and expand to other insurance products.
The Kansas City, Mo.-based insurer will use the solution to enhance real-time data capabilities that will allow faster, more efficient underwriting and claims resolution.
(Image source: Root Insurance homepage.) Root Insurance, a Columbus, Ohio-based startup focused on the digital mobile insurance experience, has partnered with Agero (Medford, Mass.), powered by Swoop, to provide an entirely digital roadside assistance experience for Root’s customers. Undertaken as an extension of Root’s value proposition of accessibility and convenience, the program—which is part of Read More »
The winners are outstanding leaders in five regions of Latin America who have used technology in innovative ways to enhance the competitive edge of their companies in the insurance markets they serve.
Existing investor Valor Equity Partners led Series C round which will help Coalition target three areas: cyber security access, international expansion and new products.
The new name is meant to evoke evolved vision and position at the convergence of innovative technology and traditional insurance.
Originally made for children of Baby Boomers, the product is now available directly to members of that generation, who can complete purchase online.