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IN THE NEWS
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- January 20, 2022
InShare Expands its Digital Platform to Bring a Differentiated Insurance Claims Experience Tailored to the Needs of its Fast Moving, Digitally Driven Customers. January 20, 2022 09:00 AM Eastern Standard Time SCOTTSDALE, Ariz.–(BUSINESS WIRE)–InShare, a leading provider of insurance solutions for the sharing economy, final mile delivery and logistics, today announced its partnership with Snapsheet, the pioneer of virtual appraisals and an emerging leader in cloud-native claims management. InShare selected Snapsheet’s claims platform to deliver a fully digital, end-to-end claims experience designed specifically to meet the needs of InShare’s digitally-driven customers. “Our larger clients with substantial self-insured retentions (SIRs) are also […]- Date
- January 12, 2022
PLEASANTON, Calif., Jan. 12, 2022 /PRNewswire/ — Cowbell Cyber, the industry’s first AI-powered cyber insurance provider for small to medium enterprises (SMEs), today announced the launch of Cowbell Re, its highly anticipated cyber insurance captive, to address the increased demand for cyber insurance while helping policyholders build cyber resiliency and close insurability gaps. The creation of Cowbell Re reflects the company’s commitment to cyber insurance and confidence in its unique approach to cyber risk underwriting. Cowbell introduces new captive, Cowbell Re, to meet growing demand in 2022 PLEASANTON, Calif., Jan. 12, 2022 /PRNewswire/ — Cowbell Cyber, the industry’s first AI-powered cyber insurance provider for small to […]- Date
- December 22, 2021
ST. PAUL, Minn., Dec. 22, 2021 /PRNewswire/ — Upsie, a consumer warranty startup for purchasing product warranties, announced a new partnership with AAA. Over 61 million members trust AAA to take care of their car, and now they can trust Upsie to protect their electronics and appliances. AAA members save an extra 15% on all Upsie warranty plans to stay protected from life’s uh-oh’s. Upsie customers save $15 on their first AAA Colorado membership. AAA members save an extra 15% on all Upsie warranty plans to stay protected from life’s uh-oh’s. Tweet this “We are so excited to announce our partnership with AAA!” says Clarence Bethea, […]- Date
- December 15, 2021
Kin Insurance, a direct-to-consumer homeowners insurance technology company, has greatly expanded its reach in the US market with the completion of its acquisition of an inactive insurance carrier that holds licenses in 43 states. For Kin, which currently operates in only Florida, Louisiana and California, the deal enables it to serve customers in most remaining states. Following completion, the newly-acquired carrier is to be renamed the Kin Interinsurance Nexus. “Kin’s advantages are most relevant in the 40% of the country that is currently catastrophe exposed, including some of our most populous states,” said Sean Harper, Chief Executive Officer of Kin. […]- Date
- December 2, 2021
Pleasanton, Calif., December 2, 2021- Cowbell® Cyber, the industry’s first AI-powered cyber insurance provider for small to medium enterprises (SMEs), is proud to be named a 2021 PropertyCasualty360 Insurance Innovator Award winner, in the Risk Management category. This is the inaugural year for the awards program designed to honor best-in-class insurance businesses and professionals worldwide who are prioritizing industry modernization. Cowbell Cyber’s mission is to make relevant, effective cyber protection accessible to organizations of every size while closing insurability gaps that take place over the lifetime of a policy. AI-based, continuous risk assessment is the heart of Cowbell’s solution. While the process […]- Date
- December 1, 2021
SAN FRANCISCO, Dec. 1, 2021 /PRNewswire/ — Delos Insurance Solutions, a catastrophe insurance managing general agency (MGA) with a specialty in California wildfire-related risks, today announced that its seed funding round has closed. The $5.3 million round, led by IA Capital along with participation from Avanta Ventures, Red Dog Capital, a syndicate of strategic investors led by insurance executive Jonathan Crystal, and Futureland Syndicate, will permit Delos to further expand within the California homeowners insurance market, which is struggling with record-breaking wildfire losses. Delos proprietary underwriting technology empowers insurance carriers to profitably insure homes within areas that incumbents had deemed as high risk for wildfire. “I am very pleased […]- Date
- November 10, 2021
CHICAGO, November 10, 2021–(BUSINESS WIRE)–Kin Insurance, Inc. (“Kin” or the “Company”), a leading direct-to-consumer homeowners insurance technology company that has entered into a definitive business combination agreement with Omnichannel Acquisition Corp. (NYSE: OCA) (“Omnichannel”), today announced select preliminary operating results through October 31, 2021, and additional preliminary results for the third quarter ended September 30, 2021: Total Managed Premium1 increased to $79.4 million year-to-date through October 31, 2021, over four times the $18.5 million of Total Managed Premium in the prior-year comparative period. $10.2 million (96%) of Total Managed Premium in October 2021 was written through the Kin Interinsurance Network (the […]- Date
- November 5, 2021
Cowbell Cyber, the industry’s first AI-powered cyber insurance provider for small to medium enterprises , announced a partnership with Sayata, the leading broker platform for placing cyber and other commercial risks, to provide precise, instant quoting for cyber coverage through a 100% digital process, further increasing the speed at which cyber policies can be issued. The majority of insurance applications submitted through APIs still result in inaccurate quotes. This triggers the need for manual underwriting and unnecessary delays. Insurance agents and brokers need speed and efficiency when servicing small and mid-size businesses while offering coverages that are relevant, easy to […]
