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.
Trov and SURA will begin by launching a flexible on-demand insurance product for personal valuables and mobility, and expand to other insurance products.
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.
The alliance will allow building science testing from IBHS’s research center to be scaled across millions of homes and businesses.
The insurance industry will be critical to help companies evaluate the comprehensive economics of resilience—balancing operational elements of resilience with the new cyber threat landscape that impacts the management of volatility.
The product is built to help brokers quantify, understand, and explain to their clients, the sources and financial impact of cyber risk exposure.
As auto insurance policyholders are driving little or not at all, will consumers see the value of premiums that are accurately calculated by miles driven?
The solution automatically captures information and submits it through a paperless, self-service process enabling straight-through processing with e-signature.
Remote Risk Dialogue enables the company’s risk engineers to perform remote analysis not seen in traditional loss prevention programs and provide risk managers, underwriters and brokers with an up-to-date view of a client’s risks.