We need to examine the insurer relationship to distributors in light of the customer mindset: What is changing with the customer and how they take in information? How do insurers and distributors adapt?
Distribution
Getsafe Extends Series B Round to $93 Million
The company plans to use the money to fund its own insurance license by the end of 2021 and to accelerate its European expansion.
Coalition Completes Acquisition of Attune Insurance
The combined entity serves over 130,000 customers, with access to additional lines of business, such as BOB, GL and workers’ comp, in addition to Coalition’s cyber offering.
New York Life’s Digital Reimagination of Intermediated Life Insurance Sales
IIR talks to Alex Cook Senior Vice President, Head of Strategic Capabilities and member of the New York Life’s Executive Management Committee.
Buckle Closes $60M in Funding
The gig economy-focused financial services startup will use the funding to expand its full-stack insurance platform across the U.S.
Sureify Raises $15M in Series C Financing
The newly raised capital investment will allow Sureify to further build out its platform and increase research and development efforts.
Cover Genius Secures $100M in Series C Round led by Sompo Holdings Asia
The investment will fuel international expansion of the company’s XCover embedded insurance platform, following a tripling of GWP. in six months.
Creating Group & Voluntary Benefits to Support the New Employee Experience
How group & voluntary products might better meet employee needs through a transformed customer experience.
bolttech Extends Series A Funding Round to $210M
The company welcomes two new strategic investors, EDBI and Alma Mundi Ventures to its series A to accelerate its international expansion.
Insurer/Distributor Bonding Made Possible by Digital Capabilities
The findings of a new Celent report suggest that insurers should be less concerned with pushing agents to use particular communication channels and instead prepare for the seamless use of all of them.