Federated Insurance

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, ...

Core Insurance,Insurance Technology

PCF Insurance Services | December 08, 2022

PCF Insurance Services (PCF), a top 20 U.S. insurance brokerage firm, has acquired Direct Dealer Services (DDS), an automotive finance and insurance (F&I) firm providing industry-leading technologies, products, solutions and training. DDS offers national automotive dealers, agents, and lender partners innovative F&I programs that promote employee confidence, fewer regulatory risks, and improved customer sales and satisfaction. "Direct Deal...

Automobile Insurance,Insurance Technology

IMS | November 08, 2022

OPES, the first digital-only insurer in Vietnam, has teamed up with IMS, the global connected insurance solutions business, to supply smartphone app-based telematics insurance to car drivers in Vietnam. The new product, “O∙Car”, using the IMS One App SDK to deliver its core capabilities, launched to market earlier this month>. OPES is owned by Vietnam Prosperity Joint-Stock Commercial Bank (VPBank), and according to Paul Stacy, Chief Executive Officer at IMS, the pr...

Life Insurance

Sureify | February 21, 2022

Sureify, an insurtech leader working to modernize the life insurance industry with its modular enterprise platform, announced its partnership with Glia, a leading provider of Digital Customer Service (DCS). The integration of Glia's capabilities into Sureify's Lifetime platform will enable insurers to reinvent how they serve and support customers in a digital world. "We're excited to formalize our partnership with Glia, a company we've collaborat...