Adler Insurance Group

State Farm, U.S. Bank | March 06, 2020

State Farm and U.S. Bank – a major commercial bank – have announced a strategic alliance, wherein U.S. Bank will assume State Farm Bank’s existing deposit and credit card accounts. The partnership also allows State Farm agents to introduce U.S. Bank deposit products and co-branded credit cards to State Farm customers. A release noted that the alliance is part of State Farm’s broader strategy to exit banking operations. Both companies also have plans to eventually offer St...

Core Insurance,Insurance Technology

Vouch | January 12, 2023

Vouch, an insurance company trying to change the way business insurance works for the tech industry, informed on January 11, 2023, that it acquired the lending startup Level and its team of engineers. The lending startup has created a tech-driven underwriting process for early-stage fintech startups. This makes the process of getting financing faster and easier than it used to be. Sam Hodges, CEO and Co-Founder of Vouch, stated, "Level's unique expertise in b...

Insurance Technology

Embroker | June 14, 2021

Embroker, the digital business insurance platform that makes getting insured radically simple, announced today that it had raised $100 million in Series C funding. The round was headed by FTV Capital, with participation from HSCM Bermuda and Gaingels and Tola Capital, Canaan Partners, Bee Partners, and MassMutual Ventures. Embroker intends to use the new funding to develop its insurance carrier, transforming the company into a full-stack insurtech. Embroker's revolutionary pla...

Insurance Technology

SIU | March 09, 2022

Custard Companies is pleased to announce the launch of their new dedicated full-service Special Investigation Unit (SIU). Established through their recent acquisition of Specialty Group Inc. (SGI) out of Winter Haven, FL, the investigation unit will operate under the leadership of George Perez, Director, SIU Division. Perez joined Specialty Group Inc. after retiring from a successful long-term career with the Walgreens Company as Corporate Manager for Special Investigations, and p...