Delos Insurance Solutions News

Insurtechs’ Approach to Wildfire Insurance: Part I – Delos

While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the industry price tag of the Palisades and Eaton fires could land between $35 billion and $45 billion. Moody’s RMS, in …

Delos in California Secures Another $9M Funding

Property insurance managing general agent Delos Insurance Solutions said it has raised $9 million through a Series A funding round led by HSBC Asset Management and includes IA Capital Group, Blue Bear Capital and Generation Space along with angel investors. …

Delos and Lloyd’s Insurer to Expand Vacant Home Insurance in California

Delos Insurance Solutions plans to offer wildfire insurance to more California policyholders with vacant properties. Delos is expanding coverage availability through a partnership with certain underwriters at Lloyd’s of London. San Francisco, California-based Delos is a managing general agent that …

Delos in California Raises $7.3M in Seed Extension Round Led by IA Capital Group

Delos Insurance Solutions in California announced a $7.3 million seed extension round, enabling the managing general agent’s expansion in the California homeowners’ insurance market. The seed extension round was led by IA Capital Group. Participation in the round included Blue …

Delos to Insurers Shedding Wildfire Risk: Send the Homes to Us

About 6 million homes in the U.S. are considered uninsurable due to wildfire risk. The models at Delos Insurance say about half of those homes are absolutely insurable. “Delos sees a lot more insurable homes in California than other insurance …

Delos in California Launches New Program to Expand Wildfire Insurance Options

Delos Insurance Solutions launched a program to expand homeowners insurance options for Californians facing wildfire risks and provide full home insurance policies to homeowners currently on the California Fair Access to Insurance Requirements (FAIR) Plan. Delos has partnered with insurance …

Delos Announces New Capacity for California Wildfire Areas

San Francisco, Calif.-based Delos Insurance Solutions announced an agreement with reinsurance companies that the firm said will result in a five-fold increase in insurance capacity for California homeowners in areas prone to wildfires. The new reinsurance capacity is provided by …

Insurtech MGA Delos, Canopius to Offer Wildfire Protection Coverage in California

Delos Insurance Solutions, a property insurtech managing general agent (MGA), has created a new insurance product with Canopius US Insurance designed to improve the homeowners insurance options for those living in wildfire regions in California and across the United States. …