Des Moines-based BrokerTech Ventures and founding company Holmes Murphy closed a co-leading funding effort to raise $4 million in capital for Highwing, a Denver-based insurtech company focused on changing data processing and management for brokers and carriers. Commercial insurance is expected to reach $900 billion by 2021. Highwing intends to use the $4 million in […]
Applications are open to broker-focused startups for the Des Moines-based BrokerTech Ventures Accelerator’s 2021 program, the accelerator announced Oct. 29. The accelerator offers more than $500,000 in seed funding, up to $50,000 each to accepted startups. Submission deadlines for BrokerTech Ventures Accelerator is Nov. 30; selected startups will be notified in early February 2020. The […]
Oscar, a New York City-based health insurtech company, announced it has partnered with MercyOne health system to offer Oscar’s individual and family health insurance plans in 23 counties in Iowa beginning in 2021, pending regulatory approval. These health plans are anticipated to be sold on the federal health insurance exchange, with coverage to begin on Jan. 1. […]
A new product launched by Dwolla this week allows businesses fast payouts to customer debit cards, the company announced. The Push-to-Debit payment functionality for Dwolla customers allows businesses to access a programmable payments infrastructure for bank-to-bank transfers and offers a disbursement option for payments to be sent to a user’s debit card. More information is available […]
Registration is open now for the 2020 InsurTech Week, hosted virtually this year by the Global Insurance Accelerator on Oct. 12-16. Founders from 28 previous GIA cohort companies and 20 selected growth-stage companies will be highlighted during the week through the Hopin virtual event app, which will host live presentations, breakout room demos, virtual booths […]
Nicole Gunderson, managing director of the Des Moines-based Global Insurance Accelerator (GIA), has been named to the Board of Advisors for governance, risk and compliance firm ViClarity, part of PolicyWorks LLC. ViClarity was acquired by PolicyWorks in 2020 and has office locations in Des Moines, Boston and Ireland. Prior to joining the GIA in 2019, […]
BrownWinick Law Firm, LWBJ and the Greater Des Moines Partnership are hosting a free virtual event called the Current State, featuring three panels of experienced investors and entrepreneurs to focus on navigating seed and venture capital during a pandemic. The event will be held Aug. 13 at 1 p.m. Panelists include Mike Colwell, Tej Dhawan, […]
BrokerTech Ventures announced four new regional and national insurance firms as partners to support the broker-focused platform and accelerator program, and a new sponsored partnership with Leader’s Edge Magazine this week. The Cincinnati Insurance Cos., RT Specialty, Amerisure Mutual Insurance Co. and AmWINS Group Inc. will be featured during the InsureTech Connect, Agency Connect: Virtual […]
West Des Moines insurtech startup Benekiva will join Insurtech Hartford’s Innovation Challenge contest on June 18. The challenge hosts more than 20 representatives from across 10 insurance companies, judging the finalists and providing feedback to all of them. Benekiva, which streamlines the claims process for insurers, is a finalist in the Best Emerging category.
Des Moines fintech startup Denim is now Denim Social after merging with St. Louis-based fintech Gremlin Social, which offers a social media content creation and management platform for financial service firms. As Denim Social, the company is combining Gremlin Social’s media content creation and Denim’s advertising and marketing automation platform to target regulated financial services companies. Denim […]