NowCerts Inc. Announced Rebranding to Momentum

NowCerts, Inc., a leader in insurance technology and agency management solutions, is excited to announce its rebranding to Momentum. This reflects its ongoing commitment to innovation, adaptability, and the transformation of insurance agency management. The new name represents the company’s evolution and vision to deliver a robust, flexible platform for agencies looking to accelerate their operations with cutting-edge tools, streamlined workflows, and integrations catering to every insurance agency’s unique needs. This rebrand marks a new...

InsurTech Market Projected to Reach $49.78 Billion by 2027

TheĀ “InsurTech (Insurance Technology) Global Market Report 2023″Ā report has been added toĀ ResearchAndMarkets.com’sĀ offering. The global InsurTech (insurance technology) market is poised for substantial growth, projected to increase from $10.53 billion in 2022 to $14.37 billion in 2023 at a compound annual growth rate (CAGR) of 36.52%. Furthermore, the market is expected to reach $49.78 billion by 2027, with a CAGR of 36.42%. What is InsurTech? InsurTech, or insurance technology, refers to the integration of technological advancements to...

Alpha FMC announced new hire

Alpha FMC, the leading global consultancy to the asset management, wealth management and insurance industries, announces the hire of Keval Mehta to its North American insurance consulting team. Keval joins Alpha as an executive director and insurance technology leader, as part of Alphaā€™s continued expansion into the North American insurance consulting market. Keval is a trusted technology executive joining from Accenture, where he was a managing director, insurance cloud and data practice lead, and was...

North American Digital MGA, Foxquilt, secured $12M Funding

Foxquilt, a leading North American insurance technology company specializing in small business and micro-enterprise markets, is pleased to announce a successful raise ofĀ $12M. The financing spanned two rounds with the initial closing at the end of 2022, led by ICM, and the latter in recent weeks with participation from both existing and new investors. This substantial investment underscores the confidence in Foxquilt’s innovative approach to insurance and its potential to transform the industry landscape. Founded...

Ennabl raised $8M In Series A fundraising round

Ennabl, a leading Insurtech data analytics platform, is proud to announce the successful completion of its Series A funding, which has raisedĀ $8M.Ā  This funding will accelerate the company’s growth and expand its market reach. The Series A round was led by Brewer Lane Ventures, with participation from Altai Ventures and private investors.Ā  The company will use the funds to invest in product development, expand the company’s sales and marketing efforts, and grow its team. “Ennabl’s...

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