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Core Insurance, Insurance Technology
CoverTree | September 20, 2022
CoverTree, one of the first ever digital insurance solution for residents of manufactured homes, today announced the launch of insurance coverage in Arizona, Indiana, Michigan, New Mexico, Ohio, Illinois, and Tennessee after raising a total of $10 million in venture funding. The $10 million Seed round was co-led by AV8 Ventures and Distributed Ventures with participation from Detroit Venture Partners, Ludlow Ventures, and Annox Capital. CoverTree will use funding for team growth, ...
Texas Mutual Insurance | April 09, 2020
Workers’ compensation provider Texas Mutual Insurance Company has announced that its board of directors has voted unanimously to distribute $330 million in policyholder dividends two months early. The company has historically paid dividends in June, but decided to distribute them to qualifying policyholders early in response to the COVID-19 outbreak. About 805 of Texas Mutual’s customers – more than 57,000 business owners – will receive dividends this year, the company sa...
Insurance Technology
Breeze and Appalachian Underwriters | September 05, 2022
Breeze, the insurtech simplifying how disability insurance is bought and sold, announced today a new partnership with leading insurance wholesaler Appalachian Underwriters, Inc. (AUI). Health-licensed agents and brokers partnered with AUI can now use Breeze's turnkey disability insurance platform to rapidly scale income protection sales. Breeze's proprietary technology makes it possible to quote disability insurance in seconds and submit client applications in minutes &nda...
Core Insurance
Tokio Marine and Arbor Ventures | August 12, 2022
Tokio Marine Asia Pte. Ltd. today announced a strategic partnership with Arbor Ventures, a leading global Fintech / InsurTech-focused venture capital firm, headquartered in Singapore. This partnership, established through its Innovation Lab in Singapore, marks Tokio Marine's commitment to accelerating the digital transformation of the global insurance industry. The Tokyo-headquartered insurance group has been promoting transformational digital initiatives on a global basis, le...
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