Endurance Warranty offers extended auto warranties through auto dealerships as well as direct-to-consumer platforms.  The company is also specialized in the administration of vehicle service contracts.  Endurance Warranty was founded in May 2006 by Paul Chernawsky and Jordan Batt.

Endurance

Founded in 2018, Fin Capital is a global asset manager focused on full lifecycle investing in B2B Fintech Software companies. Fin Capital is passionate about rolling up its sleeves and partnering with repeat entrepreneurs that have deep financial services experience, differentiated products, and a global mindset. Fin is headquartered in San Francisco, with offices in Los Angeles, London, Miami, and New York. To learn more, visit www.fin.capital.

Fin Capital

Flourish backs entrepreneurs whose innovations advance financial health and prosperity for individuals and small businesses. A leading early-stage global venture capital firm, Flourish has $850M under management and deploys patient capital with a long-term perspective. In order to help foster a fair, more inclusive economy, the Flourish team partners with more than 70 global fintech founders, as well as 18 ecosystem partners that include industry thought leaders in research, policy and regulation.

Flourish Ventures

Acrew is a leading stage agnostic venture capital firm focused on investing in transformative companies, as well as diversifying the perspectives and cap tables of leading technology growth companies.

Acrew Capital

1Sharpe Ventures early-stage teams building scalable, category-defining businesses that transform how we experience, own, and invest in real estate.

1Sharpe Ventures

Vera Equity is a pre-seed and seed stage venture capital firm that invests in amazing entrepreneurs and innovative ideas. Vera provides founders with not only capital but also operations advice and connections to transformative talent. The firm's first fund will follow a US-only, fintech-focused strategy that will serve as a playbook for other sectors in the long run.

Vera Equity

Vellum

Vellum is a data and analytics platform built specifically for the insurance and reinsurance industry.

<div>Vellum offers an analytics and data platform that connects MGAs, carriers, and reinsurers in the insurance value chain. The platform uses AI and ML to process and aggregate data providing real-time risk monitoring, underwriting analytics, and trend monitoring, which supports clients to monitor the line of business or specific programs, enter new verticals, and make better decisions.&nbsp;</div>

InsurTech: Infrastructure

<div>
 
 Vellum offers an analytics and data platform that connects MGAs, carriers, and reinsurers in the insurance value chain. The platform uses AI and ML to process and aggregate data providing real-time risk monitoring, underwriting analytics, and trend monitoring, which supports clients to monitor the line of business or specific programs, enter new verticals, and make better decisions.&nbsp;
 
 
 Fundings and financials
 &nbsp;
 
 
 In October 2023, the company raised USD 7 million in 
 <a href="https://sp-edge.com/updates/22694">
 seed funding
 </a>
 led by Acrew Capital. It planned to use the funds to further enhance the capabilities of its platform.
 
</div>

<div>
 
 AgentSync powers growth for insurance carriers, agencies, MGAs, and producers by offering modern tools for producer and compliance management. With a customer-centric design, seamless APIs, and automation, AgentSync's products reduce friction, increase efficiency, and maintain compliance, ultimately helping to improve the broker onboarding, contracting, licensing, appointing, and compliance processes.
 
</div>

AgentSync

Artificial is an insurance software business offering an algorithmic underwriting, data extraction and machine learning platform to commercial insurers, empowering them to write better risks, faster. We provide solutions to partners across the London and global markets, including Convex, Chaucer and more. Our platform specialises in instantly and accurately capturing data at the point of entry for use in downstream applications. We enable clients to augment this data through effortless integrations and use it to write risks algorithmically, build contracts and plug into other systems. Behind the platform is decades' worth of experience in engineering, insurance and analysis. We do more than just provide software; we work with you every step of the journey to make sure our technology drives growth, improves efficiency and reduces costs across your business.

Artificial Labs

Bambi Dynamic, based in Israel, is a SaaS insurance platform that provides vehicle insurance solutions for car OEMs, mobility providers, insurers, and the mobility ecosystem. As a white-label, cloud-based integrated platform, Bambi Dynamic provides an end-to-end solution that includes onboarding, underwriting, user identification, pricing, policy operations, and loss notice. The platform creates insurance products by measuring usage, events, and behavior, using data collected from various sources including smartphones, connected cars, and smart sensors. Bambi Dynamic’s products include personal auto, personal connected auto, fleet insurance, shared and micro-mobility, MaaS for mobility app providers, and autonomous vehicle insurance.

Bambi Dynamic

CLARA Analytics offers an AI-powered insurance claims platform, aimed at improving claims outcomes. Its core claims platform is called CLARAty.ai, which includes generative and predictive AI models developed specifically for casualty claims. Its platform includes several products: 1) Claims Document Intelligent Pro, 2) Triage, 3) Treatment, 4) Litigation, 5) Clara Fraud, and 6) Clara MSP Compliance.&nbsp;&nbsp;<a href="https://sp-edge.com/updates/32243">Claims Document Intelligent Pro</a> is an AI-powered tool that automates the review of claims documents, including legal demands and medical records. It can analyze thousands of pages in seconds, identify key information, and detect treatment patterns to assess risks, improving efficiency and reducing costs.CLARA Triage is an AI tool for claims professionals that predicts claim severity, identifies high-risk claims, and issues real-time alerts to help adjusters act proactively. It improves productivity, reduces costs, and enables faster resolution of simple claims.CLARA Treatment is an AI tool that scores healthcare providers to identify the best options for resolving workers' compensation cases quickly and effectively. It improves claim resolution times, enhances patient outcomes, and reduces costs by matching injured workers with the right providers.CLARA Litigation is an AI tool that analyzes attorney performance and provides insights to reduce the cost and impact of litigated claims. It offers strategic recommendations for case management and helps optimize attorney selection to support decision-making.<a href="https://sp-edge.com/updates/30120">CLARA Fraud</a> is an AI tool that analyzes large workers' compensation datasets to detect suspicious patterns and clusters of potentially fraudulent activity. It increases visibility into suspicious claims, supports SIU referrals, and reduces losses from undetected fraud.CLARA MSP Compliance is an AI tool that automates Medicare Secondary Payer (MSP) compliance by identifying Medicare beneficiaries, determining the need for Medicare Set-Asides, and assisting with mandatory reporting. It reduces compliance risks, improves accuracy, and saves costs in handling Medicare-related claims.In 2023, the company launched CLARAty.ai, a casualty claims intelligence platform using predictive and generative AI to support claims professionals. It provides insights, recommended actions, and advanced claim summaries to guide next steps, enhancing traditional systems and workflows.Key customers and partnershipsIts notable customers include Berkshire Hathaway Homestate Companies, AmTrust, Amerisure, and QBE.&nbsp;Moreover, the company was selected by Amazon in August 2024, as its technology partner to improve health and claim outcomes for its corporate workers' compensation claims.

CLARA Analytics

Coterie Insurance is an InsuranceTech company that applies an API-based approach and modern technology to commercial insurance. It looks to integrate insurance with platforms and processes that businesses, contractors, and gig workers use every day. The company also streamlines the insurance process for its clients. Its core focus remains on small business insurance. Products that it offers include business owners policy, general liability insurance, and professional liability insurance. Coterie Insurance is privately held and a licensed insurance producer in all 50 US states.

Coterie Insurance

Providers of general, yet comprehensive, end-to-end solutions for insurance companies, covering various aspects of their operations. This includes core systems for policy administration, underwriting, claims processing, billing, and customer relationship management

Specialized platforms that offer lead generation and management services and tools for insurance providers. Tools can include telemarketing, internet, and social media lead generation, referrals, and lead analytics

Underwriting platforms that evaluate risks related to life insurance, health insurance, and related products such as disability and critical illness coverage. They may utilize medical underwriting criteria, genetic information, lifestyle factors, and demographic data to assess applicants' insurability

Platforms that specialize in assessing risks associated with property and casualty insurance, including home, auto, commercial property, and liability coverage. They may incorporate data sources such as property valuations, historical claims data, telematics, and weather patterns to evaluate risk factors accurately

Specialized platforms that streamline and automate claims processing workflows, from initial claim submission to settlement. They may offer software for claims intake, adjudication, fraud detection, and communication with policyholders and third-party service providers

Policy administration systems that focus on managing policy lifecycle activities, including policy issuance, endorsements, renewals, and cancellations. They provide insurers with tools to configure and manage policy rules, coverage options, and premium calculations. Platforms can also have additional functions for commission and performance tracking

Reinsurance technology providers offer a range of innovative tools and services to support reinsurers in managing their operations, assessing risks, and optimizing their reinsurance strategies. These solutions may include advanced analytics, catastrophe modeling, risk assessment tools, portfolio management systems, and underwriting platforms specifically designed for the reinsurance industry

New insurance models are disrupting a centuries-old industry with a focus on personalization and convenience

InsurTech: Personal Lines

<div>
 
 Vellum, a provider of an insurance data and analytics platform, has raised USD 7 million in seed funding led by Acrew Capital, with participation from Flourish Ventures, Fin Capital, and Vera Equity, among others.
 The company aims to use the fresh funds to further enhance the capabilities of its platform.
 Founded in 2022, Vellum Insurance offers an analytics and data platform that connects MGAs, carriers, and reinsurers in the insurance value chain. The platform utilizes AI and machine learning to process and aggregate data, enabling real-time risk monitoring and underwriting analytics.
 
</div> 

Vellum, a provider of an insurance data and analytics platform, has raised USD 7 million in seed funding led by Acrew Capital, with participation from Flourish Ventures, Fin Capital, and Vera Equity, among others. The company aims to use the fresh funds to further enhance the capabilities of its platform. Founded in 2022, Vellum Insurance offers an analytics and data platform that connects MGAs, carriers, and reinsurers in the insurance value chain. The platform utilizes AI and machine learning to process and aggregate data, enabling real-time risk monitoring and underwriting analytics.

Vellum

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