InsurTech
InsurTech Funding Levels Hold Steady in Q2 vs. Q1: CB Insights
Funding for the InsurTech sector held steady in the second-quarter of 2022, coming in at roughly $2.4 billion, the same as the overall funding figure recorded for first-quarter 2022, according to ...
Digital Trucking MGA Koffie Raises $11M, Plans 10-State Expansion
A Brooklyn, N.Y,-based managing general agency for the trucking and transportation sector has closed an $11 million Series A funding round, bringing the company's total funding to date to $15.5 ...
Are MGAs Winning the Insurance Talent War?
With more than 1,000 managing general agents writing roughly $70 billion in direct premiums last year, researchers at Conning believe one growth driver is the fact that the MGA model attracts talent. ...
Lessons Learned From Two Years of Claims Fraud Data
The best perk of working at a global company is talking to customers in various countries about their operational challenges and best practices, and the ability to compare their figures. Let's look ...
NEXT, Thimble Latest InsurTechs to Announce Layoffs This Year
NEXT Insurance and Thimble are the latest InsurTechs to lay off part of their workforce this year, with NEXT citing challenging economic conditions and both InsurTechs pointing to an increased focus ...
Industry Veterans Carmilani, Lockton Join At-Bay Board
Cyber MGU At-Bay announced the appointment of insurance industry veterans to its board of directors yesterday—Scott Carmilani and David Lockton. Carmilani currently serves as executive chairman of ...
Digital Insurer Ranger Raises $5.25M With Assist From Baseball’s A-Rod
Digital insurer Ranger said it just closed a $5.25 million seed round to further its development of a digital platform that promises to modernize the role of insurance agents, evolving their role ...
InsurTech Fund Opens Applications for Digital MGA Lab
InsurTech Fund, a venture capital fund associated with InsurTech NY, announced that it will be accepting applications for its first Digital MGA Lab. Applications will be accepted July 7-27 and are ...