Talage Inc., a provider of digital distribution software products for commercial insurance, has announced $9 million in new venture funding. The round was led by Merus Capital, with participation by Calibrate Ventures, Hallador Financial, Advantage Capital and Reno Seed Fund. The Reno, Nev.-based company said it will use the funding to broaden its reach and increase […]
BrokerTech Ventures took a significant step last week toward its goal of building a connecting bridge between Israeli- and U.S.-based insurtech founders and insurance brokers. The Des Moines-based insurtech accelerator hosted a delegation representing the Israel InsurTech Accelerator, which was launched last year in partnership with BrokerTech Ventures as the first broker-led insurance accelerator in Israel. […]
BrokerTech Ventures announced Monday that applications are open for its 2022 accelerator program. The Des Moines-based accelerator focuses on startups that serve the insurance industry and specifically brokers. The 2022 program will be BTV’s third accelerator since its founding in 2019. Twenty startups will be selected for the program early next year, with the five-week program starting […]
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 […]
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 […]
BrokerTech Ventures is partnering with the industry conference InsureTech Connect to host ITC’s BrokerTech Connect, a broker-focused insurtech series hosted during InsureTech Connect’s conference on Wednesday, Oct. 6 in Las Vegas. BrokerTech Ventures and ITC previously partnered in 2020 during the Agency Connect Virtual Conference, which attracted more than 2,000 brokers, agents and brokertech attendees […]
BrokerTech Ventures announced the addition of carrier Zurich North America to the BrokerTech platform and accelerator program this week. The addition of Zurich North America now brings BTV to 24 insurance brands nationally. BTV recently announced partnerships with InsurTech Israel and Ayalon Insurance Company to launch the Israeli InsurTech Accelerator internationally, and additional accelerator partnerships […]
BrokerTech Ventures announced four new company partnerships for the broker-centric accelerator program Tuesday, including one West Des Moines-based company. Merchants Bonding Co. joins 12 other regional brokerage partners in the U.S. who participate in the BrokerTech Ventures Accelerator to support mentoring, distribution, access to capital and brand exposure to brokerage-centric fintech startups. Invitations to 2021 […]
BrokerTech Ventures is launching the first step in international expansion with a partnership between the BrokerTech Ventures U.S. Accelerator and the newly formed Israeli InsurTech Accelerator, based in Tel Aviv. The accelerator will use BrokerTech Venture’s accelerator program to help local Israeli insurtech supporters build its own regional accelerator, while developing a connecting bridge between Israeli […]
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 […]