Cape Analytics, a company that meshes computer vision with geospatial imagery to bring property intelligence to U.S. insurance companies, has raised $17 million in a series B round of funding led by insurance-centric VC fund XL Innovate. The round includes participation from a number of Cape Analytic’s own insurance customers and partners, including The Hartford, Nephila, CSAA Insurance Group, Cincinnati Financial, and State Auto Labs Fund.
CSAA Insurance Group is a sponsor of the second annual “Female Founders in Tech” program, which invites women-led technology startups to share innovative insurance concepts and business models. The program is managed by Quesnay, a consulting firm focused on accelerating growth among startups and corporations. Five finalists will be coached by world-renowned industry leaders, and have the opportunity to partner with CSAA Insurance Group and other corporate sponsors. “The best innovations reflect the diversity of the markets they serve,” said Debbie Brackeen, chief strategy and innovation officer, CSAA Insurance Group, a AAA insurer. “The Female Founders in Tech program plays […]
We’re eventually getting autonomous cars so you don’t have to do the driving, and drones are all the rage – although Amazon CEO Jeff Bezos’ vision of drones delivering packages to your doorstep hasn’t come to fruition – not quite yet. So combining the two makes perfect sense. Kicking it in a drone on the way to work, or home from a bar, is a fanciful, but not all that unlikely, futuristic scenario posed by Marik Brockman, corporate strategy executive at Walnut Creek, Calif.-based CSAA Insurance Group, an AAA insurer. Brockman took some time to speak with Insurance Journal about the […]
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