Industry
Layr raises $10M to democratize digital experiences for insurance brokers and agents
Using AI and ML, Layr helps agencies and brokerages supply the proper insurance to their commercial clients faster and cheaper than ever before Atlanta, GA (March 21, 2022) – Layr, the insurtech startup using artificial intelligence and machine learning to help brokerages and agencies efficiently manage their small commercial books, today announces $10M in…
Read MoreCyber Liability Insurance and the California Consumer Privacy Act
In an age of technology, business, banking, shopping, and connecting is done digitally. As consumers use the online space in their day-to-day lives, businesses create microdata profiles that document clicks, purchases, and shares to build better sites, ads, and campaigns. In the past several years, consumer pushback against business use of consumer data profiles has…
Read MoreAdding Endorsements to Your Small Business Insurance
Business Owner’s Policies (BOP) and General Liability insurance are great basic policies for covering your small business’s risks, but as your business adapts to changes in market conditions, operations, staffing, and more, your starter policy may need some extra oomph to ensure your business is sufficiently covered in the event of a qualifying incident. That’s…
Read MoreIs the Insurance Industry Dying a Slow Death?
Insurance is one of the oldest industries in existence and accounts for roughly $1 of every $4 spent in the United States. Despite its dominance, stability, and longevity, as an industry, young people increasingly write it off as a potential career path. We believe insurtech can help reverse this trend and change the way young…
Read MoreThe Pitfalls of Buying Cyber Liability Insurance From Companies That Only Sell Cyber Liability Insurance
Innovation in insurance is exploding. Like us, other insurtech startups are developing technologies to bring modern business efficiencies to the insurance industry. One area in the insurtech space that is seeing more new companies than others is around Cyber Liability Insurance.
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