SageSure and SureChoice Underwriters Reciprocal Exchange announced a new partnership that will soon add highly rated capacity for homeowners in Texas. SURE is a new reciprocal exchange rated “A” (exceptional) by Demotech, Inc. It is the first new reciprocal exchange in Texas since 2004.
High Street Insurance Partners acquired New Jersey-based Paladin Insurance Agency and Richardi-Demola Insurance Agency. Terms of the transaction were not disclosed.
CFC enhanced its transaction liability services with the launch of a new solution designed to support North American buyers purchasing a U.K. or European target business. CFC’s transatlantic suite of transaction liability insurance products bridges the gap between North American coverage and U.K., European and international M&A practice.
Vertafore released the next generation of WorkSmart, its workflow and document management solution for independent agencies. The latest enhancements focus on customer service representatives and are designed to improve efficiency. The company reports the tools can save up to four hours each week per representative based on data from early adopters. This can create additional bandwidth for agencies to service clients and focus on revenue growth.
Waffle announced a total $5 million seed round led by Verve Ventures, with participation from BetterLabs Ventures and Techstars. This news comes alongside Waffle’s official launch in both iOS and web, which is available across all 50 states and connects users with top-rated nationwide insurance providers in minutes.
Getsafe and price comparison site comparethemarket.com partnered to offer better value and flexible insurance policies to millions of U.K. consumers. Getsafe is one of Europe’s top 10 funded B2C insurance startups, serving more than 175,000 customers in Germany and the U.K. The company offers a mobile-first approach, empowering its customers to purchase and manage insurance policies as well as filing claims on their smartphones.
Parametrix is partnering with INSUREtrust to support its group of agents and brokers with an enhanced risk management platform that can indemnify a client for its dependent business income loss at a pre-determined rate per hour.
Coalition, a provider of cyber insurance and security, announced the launch of Coalition Control, an integrated platform for controlling risk with free attack surface monitoring and cyber risk assessment for organizations of all sizes. Coalition Control integrates the insurance, technology, and services offered by Coalition and its partners into a unified digital experience providing access to enterprise-grade security and risk management solutions to help organizations combat ransomware, data breaches, and other cyber losses.
HONK announced a new solution, On-Demand Vehicle Transports, which provides the auto retail industry with one-click, same-day or advance scheduling vehicle pick-ups and deliveries. The services include scalable on-demand vehicle transport; touchless vehicle delivery of newly purchased cars, contactless service for pick-up & drop-off; emergency roadside assistance coverage, and collision repair facility logistics support.