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The investment comes as Resilience plans for middle-market expansion and international growth, bringing the company’s valuation to $650mn.
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The pairing’s embedded insurance model combines the risk analytics of Demex and the data-driven insurance offerings of Vave into “robust, climate resiliency insurance”.
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The firm showed optimism for the future, but are recent gains the new normal or a temporary positive blip?
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Kinetic Insurance offers a patented safety device with a tech-driven approach to reducing injuries.
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Metromile reported a contribution loss of $2.1mn in the third quarter compared with a contribution profit of $4.7mn in the prior-year period, as the loss ratio at the auto carrier continued to swell.
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Paper providers and reinsurers are tightening up on providing underwriting capital, even as VC interest continues unabated.
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Everyone knows the phrase “A jack of all trades is a master of none.” Relatively few people know the continuation of the phrase: “but often times better than a master of one.”
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She will oversee the launch of the New York-based software firm’s new MGA.
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The firm posts quarterly results amid worsening loss-cost trends, and its stock jumps.
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The Ohio-based InsurTech is also adjusting its prices models to expand modeled coverages and improve segmentation.
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InsurTech stock price dips fail to shake short interest from the firms.
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The deal derisks its early auto build-out, likely delays its next capital raise and still stands a good chance of delivering InsurTech alchemy.