Policygenius News

Policygenius Finds Average Home Insurance Prices Up 21%

Online insurance marketplace Policygenius has found that home insurance premiums at renewal increased 21% on average from May 2022 to May 2023. The state that saw the highest average increase for homeowners insurance during the time period analyzed by Policygenius …

Insurtech Policygenius to Be Acquired by Zinnia

Online insurance marketplace Policygenius is being acquired by Zinnia, a life and annuity insurance technology and digital services company. Zinnia said the acquisition expands its reach into digital distribution solutions, creating new opportunities to service carriers and distribution partners. Together, …

U.S. Consumers Value Data Privacy Over Savings in Home, Auto Insurance: Policygenius

Despite inflation and rising costs, most Americans would rather pay more for insurance coverage than use data-monitoring devices, according to an annual survey from Policygenius. The survey found that 68% of U.S. consumers said they would not install an app …

Many Americans Apprehensive About Self-Driving Cars: Study

The majority of Americans (76%) say they would feel less safe driving or riding in cars with self-driving features. Similarly, 73% of people would feel less safe knowing others on the road are traveling in cars with self-driving features, according …

Majority of Young Homeowners Expect Their Homes to Be Damaged by Extreme Weather in Next 30 Years

Young homeowners are more concerned about the damage climate change-related extreme weather could do to their homes, according to a new survey from Policygenius. The survey found that 72 percent of young insured homeowners (age 18 to 34) believe it …

Insurance Technology: Policygenius Raises $125M; Players Health Raises $28M

Insurance brokerage platform Policygenius announced the closing of $125 million of new growth capital, bringing the insurtech’s total funding to more than $250 million. The platform, launched in 2014, allows customers looking for life, disability, home and auto insurance to …

Insurance Marketplace Policygenius in Talks to Go Public Via SPAC

Policygenius Inc., an online insurance marketplace, is in talks to go public through a merger with the blank-check company PWP Forward Acquisition Corp. I, according to people with knowledge of the matter. A valuation for the transaction hasn’t yet been …

EverQuote’s Gumennik Moves to Policygenius to Lead Marketing

Maya Gumennik, a former EverQuote and Tripadvisor executive, has joined digital personal lines insurance broker Policygenius as the company’s head of Marketing. Gumennik will oversee the company’s marketing strategy and manage the marketing team. Gumennik brings nearly a decade of …

Policygenius Hires Shepherd as Chief Financial Officer

Policygenius has hired Bill Shepherd as the company’s chief financial officer. In this role, Shepherd will oversee all of the company’s finance-related functions including accounting, corporate finance, corporate and business development, financial planning and analysis, taxes and investor relations. Shepherd …

Policygenius Adds Google’s Garr as VP of P&C Operations in North Carolina

Online insurance marketplace Policygenius has made its first executive hire for its North Carolina headquarters. Erik Garr, who established Google Fiber’s operation in Durham, N.C, and was the director of strategy and operations at Google Cloud, will oversee property and …