Would you like pet insurance with your juvenile ball python, Ma’am? Until relatively recently, that kind of additional purchase came only after settling the scaly friend safely in its new terrarium at home. But with the growth of e-commerce, insurance …
Embedded insurance is no longer just an emerging trend; it’s becoming a central strategy for retailers and non-insurance brands looking to enhance customer experience, drive loyalty, and generate new revenue streams. With global gross written premiums in embedded insurance projected …
Singapore-based insurtech bolttech announced its expansion into the Middle East with the launch of its partnership with telecommunications company stc Group. bolttech’s collaboration with Riyadh, Saudi Arabia-headquartered stc will provide stc’s customers with embedded device protection offerings through a technology-enabled …
Coverdash, which offers embedded commercial insurance technology with products for startups and small-to-medium businesses, announced $13.5 million in Series A funding. Coverdash’s technology package gives businesses such as payroll, payment, lending, human relations and website creators the ability to offer …
Root Inc. said Thursday that it does not currently have an actionable bid for its acquisition. Thursday’s statement was issued following reports Root had received a bid from Embedded Insurance. The Columbus, Ohio-based parent company of Root Insurance said its …
Travel insurance startup Faye said it raised $10 million in series A funding just a year after launching its product in the U.S., bringing the company’s total funding to $18M. The round was led by Munich Re Ventures along with …
Insurtech Obie announced it has raised $25.5 million in a series B funding round led by Battery Ventures, with participation from Brick and Mortar VC, DivcoWest, and several real estate funds and investor groups. “We’re excited to have the ongoing …
wefox, the Berlin-based insurtech, has launched a global affinity business, which increases its existing distribution channel and extends the ability of the company to deliver insurance solutions through partners. This core business vertical is part of the company’s overall tech …
Digital car insurer Clearcover Insurance Company, said April 26 that it launched an embedded insurance solution in which consumers receive final, bindable quotes when they shop on Experian’s auto insurance comparison shopping service. The initiative supports Clearcover’s strategy to fuel …
Calling embedded insurance the “next secular trend in distribution,” Root Inc. CEO Alex Timm in a letter to shareholders said the company has an advantage to scale access in the channel and become profitable. Root reported a net loss of …
