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TrustLayer | August 19, 2021
TrustLayer, a collaborative risk management platform, today announced it has closed a Series A funding round of $15.1 million. Craft Ventures led the round with participation from returning investors Abstract Ventures, Box Group, Propel Venture Partners, NFP Ventures, Sure Ventures, and new investor PruVen Capital. As part of the funding round, Brian Murray, Partner and COO at Craft Ventures, will join TrustLayer's Board of Directors. In just two years, TrustLayer has establis...
Nationwide | April 13, 2020
Nationwide has announced that, due to the economic impact of the COVID-19 outbreak, it is offering a one-time premium refund of $50 per policy for personal auto policies. “As a mutual company devoted to protecting people, businesses and futures with extraordinary care, we are offering this rapid relief at a time when drivers are making the right choice to stay off the road and remain home to help flatten the curve,” said Nationwide CEO Kirt Walker. The refund is equivalent to an aver...
Core Insurance
CoverTree and Socotra | October 03, 2022
CoverTree, an insurtech MGA based in Michigan, partnered with Socotra, the core platform provider of choice for innovative insurers, to launch easy and affordable insurance for owners, renters, and landlords of manufactured homes. With Socotra, CoverTree can now automate 92% of its applications with straight-through processing, enabling their customers to purchase a policy online in less than three minutes and save up to 40% in premiums. Traditionally, manufactured homes have been...
Risk Management,Insurance Technology
Insurity | January 13, 2023
Insurity, a leading cloud-based software and analytics provider for insurance carriers, brokers, and MGAs, announced the launch of Sure Premium Audit Analytics on January 12, 2023. This product is a part of its Sure Premium Audit solution that integrates robust predictive analytics from Insurity Predict into the auditing process to enhance operational efficiency by up to 15%. Identifying exposure risk in the premium auditing process remains arduous for many P&C ca...
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Core Insurance, Claims
Core Insurance, Risk Management
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