CORE INSURANCE, RISK MANAGEMENT
PRnewswire | April 13, 2023
Vouch, the insurance of tech, today announced its first embedded insurance API partnership with StartupOS, the platform that helps founders grow their startups with essential tools, expert guidance, and a community of mentors, investors, and partners. StartupOS users can now get quotes for General Liability and Business Property insurance coverages from Vouch directly from the StartupOS platform. Additionally, the platform will host free risk management training modules from Vouch that are designed specifically for early-stage founders. The partnership underscores both companies' commitment to serving early-stage founders and to helping them protect their companies from the beginning.
"Two-thirds of founders get business insurance at company formation, but zero percent of first-time founders do. When it comes to insurance, there's both an awareness and a trust gap that leaves many early-stage startups under-covered and vulnerable," said Travis Hedge, Co-founder and CRO, Vouch. "With embedded insurance from Vouch, companies on the StartupOS platform can work directly within the platform they already use to get educated on the coverages that are essential to their business, get quotes, and work with Vouch to seamlessly complete the process of purchasing insurance."
Vouch's API allows partners like StartupOS to take advantage of Vouch's core underwriting functionality through an integration that is easy to implement and maintain. The API allows partners to offer materially better experiences to their users so that buying insurance feels like a native part of their platform.
"We're thrilled to partner with Vouch to provide business insurance training and insurance products directly through our platform," said Jeff Wagner, Chief Platform Officer at StartupOS. "Through our collaboration and API integration, we are ensuring that our startups have access to the best insurance products tailored to their needs. This partnership is a significant step forward in our commitment to providing startup founders with the most innovative and comprehensive solutions to support their growth. We are excited about the value this will bring to our founders and look forward to a successful partnership with Vouch."
About Vouch
Vouch is a US-based provider of business insurance to thousands of high-growth companies that has raised $160 million from top-tier Silicon Valley institutions and investors including Ribbit Capital, Redpoint Ventures, Y Combinator, and Index Ventures. Since its inception in 2018, the company has empowered clients to get risk management right through niche expertise, a proprietary approach to pricing and underwriting, fast, digital-first procurement and coverages that scale as the company grows.
As 'The Insurance of Tech', Vouch believes it's their responsibility to deliver effective and affordable insurance solutions to innovators in emerging categories. These entrepreneurs are making huge bets on the future, and it's Vouch's job to insure away the risks that are incidental to their vision. Today that means launching protection for Web3. Tomorrow, it could be Climate, or Space. Wherever the next generation of founders goes, Vouch will be there to protect them.
About StartupOS
StartupOS is a platform that elevates startups with essential tools, expert guidance, and a supportive community of mentors, investors, and partners to help founders grow their startup. The platform aims to increase the overall number, confidence, and probability of long-term success for all founders, regardless of their background.
StartupOS offers a series of learn-by-doing activities to equip founders with all the resources and knowledge they need to build their startup from the ground up, making it the perfect platform for validating ideas, building an MVP, achieving product market fit, and pitching to investors. Paired with a vast community of mentors and investors, StartupOS provides access to invaluable startup knowledge and resources that are essential to every founder's journey. The platform also offers access to an extensive Partner Ecosystem loaded with top-tier solutions and services to streamline and simplify a founder's back-office operational needs.
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CORE INSURANCE, RISK MANAGEMENT
Globenewswire | April 10, 2023
Westland Insurance, one of Canada’s largest independently owned brokerages, continued its expansion on April 1 with the announcement of three acquisitions. Between them Haggett & Rogers Group of Companies, BMT Insurance Brokers Limited, and Dimensions Insurance Management bring additional insurance expertise to Westland’s existing P&C verticals.
With six locations across Ontario, BMT Insurance brings over 65 years of P&C insurance experience, life & benefits, and financial services. This acquisition takes Westland into three new communities and further enhances its commitment to serving clients in Northern Ontario.
With roots that go back to 1905, Dimensions Insurance is a commercial and specialty P&C brokerage based in Winnipeg, MB and that is focused on serving clients across Western Canada.
Established in 1978, Haggett & Rogers is a family-owned brokerage that offers personal and commercial insurance solutions and vehicle registry services. They have locations in Calgary and Lethbridge, AB.
“It’s with much excitement that we welcome Haggett & Rogers, BMT Insurance, and Dimensions Insurance to the Westland team,” says Jamie Lyons, Westland’s President & CEO. “With these three outstanding companies joining our family, we’re taking a significant step forward in our goal to become Canada’s favourite insurance broker. Their collective depth of expertise and experience in the industry, as well as strong entrepreneurial cultures, will allow us to continue delivering even better service to our clients and communities across the country.”
About Westland Insurance Group Ltd
Award winning Westland Insurance Group is one of the largest and fastest-growing independent property and casualty insurance brokers in Canada. With a national network of 195 locations and over 2,100 employees, the company continues to expand coast to coast. Westland's brokers provide expert advice to home, business, and auto insurance clients. Since its founding in 1980, Westland has remained a family-owned company that is committed to supporting its local communities. As a leading insurance brokerage in Canada, our scale and pace of growth allow us to continually invest in our platform and to deliver on our promise to be your most trusted commercial advisor. Our Commercial team has developed unique partnerships with national and international insurers and reinsurers, with whom we have established pre-committed capacity and underwriting authority. This is a model that no other broker in the country has been able to replicate at scale. Our expert Commercial advisors get to know you and your business, so that they can tailor a policy to your exact needs.
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CORE INSURANCE, INSURANCE TECHNOLOGY
Businesswire | June 09, 2023
Talon Cyber Security, the leader in enterprise browser technology, today announced that Lemonade, Inc. (NYSE: LMND) has chosen the Talon Enterprise Browser to more easily navigate post-acquisition business integrations and to secure unmanaged devices in use across its environment.
Lemonade, the digital insurance company powered by AI and social impact, offers renters, homeowners, car, pet and life insurance. The company uses machine learning to make insurance instant and simple for individuals and is expanding globally.
Dealing with a complex, distributed workforce and business integration efforts following an acquisition in July 2022, Lemonade made the decision to simplify its security stack by deploying the Talon Enterprise Browser. Lemonade evaluated other browser security solutions, and ultimately selected Talon due to its advanced protection capabilities, granular control features, superior user experiences, and the wide range of use cases the solution addresses.
“As a company that prides itself on its ability to make life easier for our customers, we could not consider any solution that was going to hinder the productivity of our workforce,” said Jonathan Jaffe, Chief Information Security Officer, Lemonade. “We needed a technology that was easy to use, did not change how our users work, and would give us the enhanced protection we were looking for. The transition from Chrome to Talon’s browser was frictionless for our users, and has helped us better secure our environment.”
As a growing company, Lemonade may use third-party partners to support its business and scale operations. These third parties may work from unmanaged devices that Lemonade’s security team would have little visibility into if not for Talon. By requiring access from Talon’s non-invasive browser on these devices, Lemonade’s security team gains pivotal visibility and control, extending the security of the organization to these users.
“We can secure any user across the organization, irrespective of the type of device used,” added Jaffe. “This allows us to onboard more people, more quickly, and simplify the process. With Talon, we can improve onboarding in a way that prioritizes security.”
Talon’s Enterprise Browser simplifies and improves security by allowing organizations to secure any user, in any location, on any device. With Talon, security teams benefit from deep visibility into and control over browser and web activity, including protections around screenshots, copy and paste, downloads and uploads, and enterprise-grade security features like authentication, data loss prevention and Zero Trust controls. Based on Chromium, Talon’s Enterprise Browser drastically reduces the cost and complexity of security programs, while protecting end-user privacy and delivering superior user experiences.
“To be entrusted with securing Lemonade’s workforce is an honor,” said Ofer Ben-Noon, co-founder and CEO, Talon Cyber Security. “We are confident that Talon’s approach of securing users at the very point they interact with corporate applications and data – the browser – will be a competitive advantage for Lemonade going forward. We look forward to working closely together to ensure that their team realizes unmatched value from our solution.”
About Talon Cyber Security
Talon Cyber Security enables customers to secure any user, in any location, on any device with its market leading enterprise browser. Built on Chromium, the Talon Enterprise Browser provides customers with the consistent user experiences, deep security visibility, and control over SaaS and web applications needed to simplify security for the modern enterprise. Talon was named the Most Innovative Startup of 2022 at the prestigious RSA Conference Innovation Sandbox Contest. For more information, visit Talon at talon-sec.com, or connect on LinkedIn and Twitter.
AboutLemonade
Lemonade is digital insurance built on social impact. That means you can sign up instantly to cover your stuff, home, pets, family and car all within one app. It also means your unused premiums are donated to a charity of your choice through Lemonade’s Giveback, which has given over $4 million to non-profit organizations around the world.
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