BrokerTech Ventures announced on Sept. 30 the addition of its newest broker partner, UNICO Group, based in Lincoln, Neb. The new partner brings BrokerTech’s portfolio up to 15 of the most sizable and innovative brokerage firms in North America, according to a release. UNICO Group’s services include business, personal and telecommunications insurance as well as financial […]

The U.S. Securities and Exchange Commission sent a legal notice to Coinbase informing the cryptocurrency exchange to expect legal action if Lend, its digital lending product, launches. Lend will allow eligible customers to earn interest by lending select assets on Coinbase, starting with USD Coin. The SEC determined Lend should be subject to regulation under […]

Early stage insurtech startups can apply to Global Insurance Accelerator’s 2022 program until Sept. 12. This will be GIA’s eighth year hosting the accelerator, which supports cohorts by providing seed funding and bringing in more than 75 local mentors to advise companies. The 100-day equity-based program runs from Jan. 12 to April 21, 2022 with […]

Representatives from Akur8 and Coherent shared their takeaways from Tuesday’s InsurTech Days events with the Business Record over email. What stood out to you from Tuesday’s panel and company presentations? Are there any specific takeaways for your company? Boriana Trifonova, Akur8: I particularly enjoyed hearing about CowbellCyber’s success story and fast evolution since the GIA! The team’s tenacity […]

The Global Insurance Accelerator’s 2021 InsurTech Days event was held at Curate Event Center in downtown Des Moines on Tuesday and Wednesday. The Business Record attended the first day to hear the growth story of Cowbell Cyber, a member of GIA’s 2019 accelerator program, and presentations from the 12 featured insurtechs. Attendees came from across […]

TrustLayer, a graduate of BrokerTech Ventures’ 2020 accelerator program, announced on Aug. 18 it raised $15.1 million in a Series A funding round. The risk management platform is working to automate the insurance verification process for businesses to save time, reduce administrative costs and correct errors in the previously used manual process. Robotic process automation […]

Alacriti, a financial technology company based in New Jersey, will partner with Iowa-based Veridian Credit Union to enable real-time payments over the Clearing House’s RTP network. Alacriti’s cloud-native program, Cosmos Payment Services, supports Fedwire payments as well as real-time transactions. Using Cosmos will help Veridian simplify operations by allowing access to multiple clearing and settlement […]

Workiva Inc. announced it has acquired next-generation iPaaS provider OneCloud Inc., a move that the Ames-based company said solidifies and accelerates Workiva’s position as a leading cloud platform for financial, regulatory and operational reporting. OneCloud is a pioneer in iPaaS (integration Platform as a Service) technology that offers code-free and intuitive integration, automation and data preparation for […]

ViClarity, a global provider of GRC technology and formerly known as PolicyWorks LLC, will provide a suite of integrated consulting services to clients called AdVisor. This addition with allow GRC technology users to access advanced onboarding, submit questions within AdVisor and receive a timely response from a ViClarity consultant. AdVisor’s Advanced Onboarding feature gives credit […]