Brightway Insurance opens five new franchise locations in June

National insurance franchise expands in Florida, New York, South Carolina and Texas. Seven people are realizing their dreams of business ownership through Brightway Insurance with the opening of five new franchise locations in June. Kevin Allen opened Brightway, The Allen Agency in Greenville, S.C. Dabir Duvert and Steven Duvert opened Brightway, The Duvert Agency in Hempstead, N.Y. Luan Le opened Brightway, The Le Agency in Tampa, Fla. Enrique and Brittany Miron opened Brightway, The Miron Agency in Riverview, Fla. Jorge Balderas opened Brightway, The Balderas in Spring,...

handdii Raises $3M to Help Insurance Companies Digitize

The Series Seed round was led by Brick and Mortar Ventures As the insurance industry continues to seek the best way to digitize and simplify the property claims experience, claim management platform handdii is announcing a $3 million Seed round led by Brick & Mortar Ventures, with participation from Nine Four Ventures and Australia-based Scale Investors and Fifty-Second Celebration. This makes the first institutional round for handdii and puts the company in a strong position to meet increasing...

Cloud Insurance Leader Majesco Appoints New CTO

Former Amazon Web Services and industry veteran brings cloud platform expertise and leadership to support Majesco SaaS platforms Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the hiring of Ravi Krishnan as Chief Technology Officer (CTO) to oversee the architectural and technical direction for all Majesco SaaS platforms. Adding Ravi to the team will help Majesco lead the insurance industry in the pursuit to modernize and optimize today’s...

Diverse Group of Immigrants Fund Fair Fintech

Grassroots fundraising effort forgoes funding from big banks and VCs to close opportunity gaps Fair, an ethical digital bank and multilingual financial services platform, offering banking, lending, investments and retirement announces 90% of its investors are people of color, 80% are immigrants and many are first-time investors in fintech. Fair CEO and Founder, Khalid Parekh, lead the grassroots fundraising effort and intentionally sought investors from the communities most in need of services from Fair to close...

Mike Fisher Joins Fast Growing Newfront Insurance

Newfront Insurance, a tech-enabled, full-service brokerage based in San Francisco, CA, has brought Mike Fisher on board as a Principal & Commercial Insurance Broker. Mr. Fisher joins Newfront from Goodman Insurance Services, where he spent the last seven years focusing on the Construction industry vertical. “We are extremely pleased to have Mike join the team,” said Raphael Parker, Newfront’s Chief Growth Officer. “Mr. Fisher brings to Newfront a wealth of experience, sound leadership, and a successful track record providing...

White Mountains Insurance Group to Hold 2021 Invester meeting.

White Mountains Insurance Group, Ltd. (NYSE: WTM) will hold its Annual Investor Information Meeting via live Webcast on: Date: Friday, 4 June, 2021 Time:  10:00 a.m. (Eastern Time) Investors and other interested parties can participate via Webcast.  Manning Rountree, CEO, said, “We will discuss White Mountains’s operations and our outlook for the Company.  Following a short presentation, my partners and I will answer your questions.” A replay of the webcast and presentation will be accessible on...

PremFina Launches App to Pay for “On Demand” Insurance

PremFina Limited (“PremFina”), the U.K.’s first venture capital backed premium finance company, introduced a new product that allows insurance customers to pay for their premiums on-demand. The white labelled app was unveiled during the live fringe session today at BIBA Digital Conference 2021, the flagship annual event of the British Insurance Brokers’ Association. PremFina CEO Bundeep Singh Rangar announced the company’s latest innovation, Insurance Financing as a Service “iFaaS” at his live talk at BIBA Digital...

Insurance technology provider, Zywave Acquires Modgic

Acquisition marks Zywave’s fourth in six months, further consolidating insurtech marketplace Insurance technology provider, Zywave, today announced the acquisition of Bend, Oregon-based Modgic, a provider of workers’ comp and mod analysis software for the commercial insurance industry. Combined with Zywave’s existing commercial solutions, the acquisition strengthens Zywave’s portfolio of offerings in that market. “The acquisition of Modgic is an exciting step as Zywave continues to consolidate the insurtech marketplace and expands its footprint, both in the U.S. and...

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