Technology is disrupting the insurance industry and agencies need to take the initiative if they want to remain competitive in the upcoming disruption. COVU takes a holistic approach to ensure that the agency thrives by delivering a great customer experience through a combination of technology, real-time service, and sales support. Agency’s book experiences higher retention and more cross-sales leading to higher profitability for its owner(s). Agency producers get more time to prospect and sell to new higher-value customers.
External link for COVU
Redwood City, California, US
COVU reposted this
COVU, a leader in AI-native services for the insurance industry, is transforming how independent insurance agencies manage customer service and sales. By partnering with Storm Reply, Inc. COVU implemented Amazon Connect, enhancing customer experiences, streamlining operations, and driving growth. bit.ly/covu_LN #CustomerExperience #AmazonConnect
In this week's news will talk about how State Farm returns millions to policyholders, California launches first-ever community-based flood program, and much more... Read more here ➡️ https://lnkd.in/e4XvwCYd #COVU #COVUNews #insurance #insuranceindustry #insuranceagency #blog #NEWS
Is your website losing clients? Discover how enhancing your site’s design can take your agency to the next level... #COVU #InsuranceTips #Insurance #Insuranceagency #Insuranceindustry #insurtech #blog #website
🖥️ Boost Your Insurance Business with a Better Website! Your website is often the first impression potential clients have of your agency. A well-designed, user-friendly site can significantly improve client engagement and conversion rates. Discover how enhancing your site’s design can take your agency to the next level in our latest blog! Read blog here ➡️ https://lnkd.in/eky5Ks3t #COVU #InsuranceTips #Insurance #Insuranceagency #Insuranceindustry #insurtech #blog #website
Our CEO at ITC Vegas! 🚀 We’re thrilled that our CEO, Ali Safavi, represented COVU at InsureTech Connect 2024 in Las Vegas — the largest gathering of insurance innovators and visionaries! ITC is always a great opportunity to connect with industry leaders, explore the latest trends, and drive forward the future of insurance. Want to know the 3 key takeaways from the event? Check out our latest blog covering the highlights! 👇 🔗 Read more here ➡️ https://lnkd.in/eVQNNfKa #ITCVegas #InsurTech #InsuranceInnovation #COVU #FutureOfInsurance #Insurance #Business #AI
COVU reposted this
💡 I Help Innovative Insurance Businesses Execute Talent Strategy 🎤 Host of the Leadership in Insurance Podcast.
It's that time again... our #InsurtechFunding round-up is here! 👏🏼 Congrats to all the innovators and teams making waves this week – can't wait to see where your journey takes you next! 🚀🫱🏼🫲🏽 💫 COVU, who specialize in AI-native services for insurance agencies raised their $12.5m, Series A. Led by BGV, ManchesterStory and Markd. 💫 Qantev, an AI claims platform for health & life insurance raised a €30 million series B round led by Blossom Capital, with continued support from existing investors Elaia, Omnes, and Raise Ventures. 💫 Diesta, a developer of payment software for insurance premium processing, modernizing the flow of funds in the insurance industry announced thier $3.8M seed funding round, led by FinTech Collective alongside Commerce Ventures and existing investors. 💫 ClaimSorted, who are simplifying claims processing for insurers, has secured $3m in pre-seed funding. Investors were firstminute capital, Y Combinator, Precursor Ventures, Transpose Platform. 💫 INSHUR, a digital insurance platform that provides auto insurance to drivers and fleet owners has secured $19M latest funding round led by Viola Growth. 💫 Herald who are revolutionizing Insurance Connectivity with AI-Powered Solutions raises $12 million Series A funding round co-led by Lightspeed Venture Partners and Brewer Lane Ventures with participation from Afore Capital and Underscore VC. 💫 Stoïk, a leading European cyber insurance provider, raises a €25 million Series B. A round led by Alven with participation from existing investors: Andreessen Horowitz, Munich Re Ventures, Opera Tech Ventures, and Anthemis Group. 💫 Zinnia, a leading life and annuity insurance technology company, has raised $300 million in financing from VistaCreditPartners.
COVU reposted this
COVU raised $12,500,000 in Series A-Congrats Ali Safavi Full Round Info: https://lnkd.in/g9cB5t3P Round Investors: Benhamou Global Ventures, ManchesterStory, Markd, and others
COVU reposted this
AI-powered insurance platform COVU raises additional $12.5 million in Series A Funding from prominent investors including BGV, ManchesterStory and Markd #AI #AInews #artificialintelligence #technology #tech #technews #insurance #investments #investors #investing #capitalraise #funding #capraise #VC #venturecapital
COVU reposted this
COVU secures an additional $12.5M in Series A funding! This new round, backed by investors like Benhamou Global Ventures, ManchesterStory, and Markd, brings COVU's total funding to over $20M. With another $4M to be unlocked upon reaching key milestones, COVU is positioned for major growth. COVU, founded to empower insurance agencies with AI-native technology and human support, is set to revolutionize the insurance sector. This fresh capital will fuel expansion, accelerate platform innovation, and help agencies overcome operational challenges. Here’s how COVU is transforming insurance: 1. Combines AI technology with human support for seamless customer experience. 2. Helps agencies strengthen customer relationships. 3. Streamlines operations for higher efficiency and growth. COVU is solving a huge problem—modernizing insurance operations. If they scale their AI solutions, they’re on the path to becoming a billion-dollar disruptor. Do you think AI will redefine the insurance industry in the next decade? Ken Leibow, Marcus Klavan, David Florián González, Scott Sullivan Vikrant Jain, Zoya Khan, Valkyrie Holmes, Steve Grove, Len Adams Lawrence Lin Murata, Angelia Arellano CADCI, B.A, MSW, Frans van Hulle Tim Hwang, Wilhelm Perdahl, Puneet Sharma, Akash Magoon 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐟𝐫𝐨𝐦 𝐒𝐞𝐞𝐝 𝐭𝐨 𝐒𝐞𝐫𝐢𝐞𝐬 𝐀 𝐟𝐮𝐧𝐝𝐢𝐧𝐠 : 👉 https://lnkd.in/e8XyWxcQ #InsuranceTech #AI #Innovation
COVU reposted this
InsurTech Analyst news you can't afford to miss from yesterday 👉 How Peak3 (formerly ZA Tech) has scaled the InsurTech landscape 👉 COVU raises $12.5m to advance AI-driven insurance platform 👉 Zurich Australia bolsters its coverage with new TPD option 👉 EIS Ltd integrates AbsenceSoft to enhance claims management for group benefits insurers #Insurance #InsurTech #FinTech Adrien Lebègue Ali Safavi Jacqui Lennon Richard Fisher Mark Schiff