Insurtech weekly news roundup: July 22 – Insurance Business
This week, Zesty.ai raised $33 million to help fuel a product and market expansion. Independent insurance agents expect a big increase in online commercial insurance buyers, but are they ready? Hourly.io made a major executive hire. Counterpart rolled out a new product for small businesses. Corvus extended a key partnership, and Next Insurance forged a new one.
Zesty.ai
Zesty.ai, has pulled in $33 million in new financing designed to help expand its existing insurance-related products and develop new ones for the real estate market.
The San Francisco-based startup is a provider of property risk analytics fueled by artificial intelligence (AI) and computer vision.
Centana Growth Partners led the Series B round. Current investors and Brex also participated in the oversubscribed round with equity and debt.
Zesty.ai said it partners with close to half of the top 50 property/casualty insurance carriers in the US to underwrite and rate homeowners and business insurance.
Read Full Story: https://www.insurancebusinessmag.com/us/news/technology/insurtech-weekly-news-roundup-july-22-414139.aspx
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source: https://news.oneseocompany.com/2022/07/22/insurtech-weekly-news-roundup-july-22-insurance-business_2022072224146.html
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