Innovative Captive Strategies, a subsidiary of Holmes Murphy providing insurance consulting and management, has announced a strategic partnership with Innovative Program Solutions, a full-service managing general agent. The partnership includes the launch of CaptiveXS, an umbrella excess insurance product designed for ICS captive clients. According to a news release, CaptiveXS…
BrokerTech Ventures (BTV) has opened applications for the fifth cohort of its accelerator program. The deadline to apply is Dec. 18. According to a news release, the concept of the BTV Accelerator is to be an “innovation hub” and proof of concept environment for broker-centric products and technology solutions, ultimately bringing validated…
The idea for BrokerTech Ventures developed in 2019 when Holmes Murphy set out for a new team to garner a better understanding of insurtech innovation, but they soon found that the task needed more power and capacity behind it. “What we realized was we were only as broad and as…
Minnesota-based Coupe Health LLC has purchased SPH LLC, formerly known as SimplePay Health, from insurance brokerage Holmes Murphy & Associates, the companies announced. Launched by Holmes Murphy in 2018, SPH is an alternative health care product for self-insured commercial employers. The SPH platform is designed to enable employees to easily search for…
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…
“Herman” comes back from vacation over Veteran’s Day weekend to a mess. Herman, who leads the HR department at his company, doesn’t know that a salesperson opened an infected Excel document from an email claiming to be a client over the weekend; on this day, all he knows is that…