Embedded Insurance news and trends

French Startup Neat Raises $55 Million for Embedded Insurance Offering
Investments // September 10, 2024

French embedded insurance startup Neat has raised 50 million euros (about $55 million). This total includes about 60% in equity and 40% in debt, TechCrunch reported Tuesday (Sept. 10). Neat helps retailers and other companies sell embedded insurance products to their customers, pays them a commission...

Coverdash Raises $13.5 Million to Expand Embedded Insurance Offering
Investments // February 28, 2024

Coverdash has raised $13.5 million in Series A funding to expand its embedded insurance offering. The company will use the new funding to expand its embedded partner network, grow its internal team and broaden its insurance carrier panel, Coverdash said in a Wednesday (Feb. 28)...

Obie Raises $26 Million for Real Estate-Focused Embedded Insurance Solutions
Insurance // May 17, 2023

Obie has raised $26 million in Series B funding to expand its embedded insurance offering for real estate investors. The firm will use the new funding to add new partnerships and products, Obie said in a Wednesday (May 17) press release. “We’re excited to have the ongoing...

InsurTech Cover Genius Buys Clyde to Move Into Midsized eCommerce
Insurance // March 15, 2023

Cover Genius has purchased the warranty provider Clyde to deepen into midsized eCommerce market share. The InsurTech announced the acquisition Wednesday (March 15), saying it aligned with its growth strategy, which also includes its recent purchase of refund protection company Booking Protect. “Data shows that...

Interviews & Exclusives
For Point-Of-Sale Peace Of Mind, Embedded Insurance Offers Must Be Hyper-Relevant

August 17, 2021
If there’s one thing consumers want these days, it is to feel safe and to have peace of mind when they’re doing business online. It’s all part of the growing thirst for simpler forms of consumer protection. With the help of deep transaction-based data, sellers can deliver “hyper-relevant” embedded insurance offers. “Whenever people are buying […]

Embedded Insurance Offers Don’t Repel Customers, They Attract Them

August 13, 2021
In the wake of the COVID-19 pandemic, it’s clear that consumers have become a lot more comfortable with shopping online. And, while digital payments and eCommerce firms have benefited from...

Quick Reads
LendingTree and Coverdash Team to Insure Small Businesses

November 20, 2024
LendingTree has teamed with Coverdash to offer insurance coverage to its small business and startup customers. The collaboration, announced Wednesday (Nov. 20), expands LendingTree’s financial product suite to allow small and medium-sized businesses (SMBs) access to Coverdash’s fully embedded insurance offering. “This partnership marks an important step in LendingTree’s evolution by expanding its services for small businesses beyond loans and […]

French Startup Neat Raises $55 Million for Embedded Insurance Offering

September 10, 2024
French embedded insurance startup Neat has raised 50 million euros (about $55 million). This total includes about 60% in equity and 40% in debt, TechCrunch reported Tuesday (Sept. 10). Neat helps...

Coverdash Raises $13.5 Million to Expand Embedded Insurance Offering

February 28, 2024
Coverdash has raised $13.5 million in Series A funding to expand its embedded insurance offering. The company will use the new funding to expand its embedded partner network, grow its...

Obie Raises $26 Million for Real Estate-Focused Embedded Insurance Solutions

May 17, 2023
Obie has raised $26 million in Series B funding to expand its embedded insurance offering for real estate investors. The firm will use the new funding to add new partnerships and...