The acquisition of ITC, backed by Clearlake and Aurora Capital Partners, expands the breadth and depth of Zywave’s P&C solutions, increasing the company’s total addressable market.
Distribution
The Pandemic and InsurTech: Joel Albarella, New York Life Ventures
The head of New York Life Ventures talks about the impact of the pandemic on the world of InsurTech investment.
TONI Digital Launches New Insurance-as-a-Service platform on Socotra
The platform is designed to enable large corporations to quickly enter the insurance market, generate revenue, and leverage existing brand and customer bases.
XILO Raises $2M for Digital Insurance Application Software
The funding round, led by New Stack Ventures, will be used to further improve XILO’s digital platform for independent agents and triple its existing customer base of 150 agencies.
Trov Renews Relationship with PSA NA Car Sharing Solutions
Trov’s new Risk Operations Technology complements PSA NA Car Sharing Solutions’ commercial coverage helping them mitigate risk of both insured and uninsured incidents through real-time data.
Agile Insurer: Tracy Tillinghast, Topa Insurance
A veteran of business and IT, small and large companies, Tillinghast talks about the Topa’s dynamic, opportunistic and innovation-friendly culture.
InsurTech Broker Cover Whale Expands to Fleet Insurance Market
Founded to address the underserved sole-to-small commercial vehicle owner, Cover Whale’s process improvements created demand among large fleet owners, which its new programs are designed to address.
A Green Light for White Label Solutions in Life Insurance
White labeled options can help life insurers tap into newer market segments and reach new customers, but carriers need to be operationally agile, data-centric and laser focused on the customer experience.
Openly Raises $40M in Series B Round to Further Accelerate Growth
With 3,000 independent agents already offering its product to consumers, the new funding round led by Advance Venture Partners will be used to expand geographically and support continued growth.
Bestow Raises $70 Million in Series C Funding
With $145 million in total funding to date, Bestow says it will launch innovative products, scale platform services, and accelerate growth into new distribution channels and partnerships.