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The raise takes the company’s total funding to over $116mn.
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NFP is assisting with the InsurTech, which will link MGAs and capacity providers.
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The InsurTech is now being valued beyond the $1bn mark.
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The Floridian reported a higher loss ratio after making recent portfolio acquisitions but benefited from premium growth.
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Metromile will buy $10mn in bitcoin later this quarter, in a move the InsurTech said would help promote the financial resilience of policyholders.
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The investor-turned-blogger is seeking early-stage funding and carrier partners.
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The carrier made an operating loss of $94.3mn over the three-month period.
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The appointment comes as the InsurTech works to expand its presence in London and Zurich.
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The Tremor CEO spoke to Inside P&C recently, offering an inside look at his company’s Panorama platform.
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Darryl Siry joins with immediate effect and will launch an InsurTech incubator for the carrier.
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The InsurTech platform will use the information on its Panorama reinsurance marketplace platform.
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Although this period’s short-interest shift was muted, the next update will likely show greater movement as Q1 is digested.