Editor at Coverager
London-based GT Motive is a Software-as-a-Service (SaaS) company that develops solutions for estimating and managing automotive insurance claims, as well as maintenance and mechanical breakdowns.
Established in 2016, Envelop Risk provides pricing, risk analysis, and underwriting focused on the global cyber reinsurance market to insurers and reinsurers.
Founded in 2019, Previsico (a team of ~18) specializes in modeling flooding in real-time, using weather predictions to make street-level flood nowcasts and forecasts.
This new offering will allow insurers to accelerate their transition to new digital operating models, create new products and drive cost savings irrespective of business line.
The round was led by Signal Peak Ventures joined by Origin Ventures, Royal Street Ventures, Silicon Valley Data Capital, and AV8 Ventures.
To date, the company raised $11.5 million.
Founded in 2009, BriteCore (a team of ~159) offers a modern end-to-end core software platform for property and casualty insurers.
Ascend intends to focus on product development, go-to-market initiatives, and bringing on new team members.
Founded in 2014, Property Partner (a team of ~25) lets users buy shares in UK property portfolios best suited to their investment goals and earn rental income.
Coverager’s August analysis of insurance innovation is now available to download. With our redesign, we’ve separated P&C from L&H partnerships, added more insurtechs to the list of companies we track...
LexisNexis® Vehicle Build provides data regarding ADAS features in Kia vehicles in order to help US auto insurers utilize ADAS data in insurance rating and underwriting, ultimately to help potentially reduce the total cost of vehicle ownership for consumers.
The package is available for new Lemonade Pet customers in 33 states across the US, and for existing Lemonade Pet customers upon their policy’s renewal.
The initial public offering price is expected to be between $19.00 and $20.00 per share.
Vouch also announced that it is now the preferred business insurance provider to Brex, Carta, and WeWork customers, and that the company is a licensed insurance carrier.
Latium Technologies offers a suite of IoT telemetry solutions that create smarter construction sites through real-time data insight, analytics and alerts.