Chicago Ventures’ Post

CG's Brandon Schuh, discusses with Zag Daily the specialized Sharing Economy services provided by US insurance brokers. He sheds light on the significant payouts within this sector and emphasizes that it's inevitable for operators to soon implement rider ratings. Read the full article here: https://lnkd.in/eBMpRp8K #sharingeconomy #ebikes #businessinsurance #ESOPCG

Discover how Ansel, shaking up the insurance industry with $20m funding, is simplifying supplemental insurance across the US! #InsurTech #Innovation #FundingRevolution #insurance #insurtech #technology https://lnkd.in/epH9Ywt3

The Future is Now: A Wakeup Call To Insurers That Want Innovation by Carey Anne Nadeau, CO-CEO OF LOOP Insurance Hey insurance industry! It’s me Carey. It’s been a while since we last talked, but I have something to say to you. There are no more insurtechs coming to create innovation in the industry. Capital markets have turned – investors aren’t investing and banks aren’t lending and comps are severely depressed. And we all know, it takes a lot of capital to start an insurance business – the terms aren’t that great when you’re just getting started because you don’t have a lot of experience and there’s no such thing as a cheap policy administration system. So, realistically. And let me get you focused here... READ THE FULL ARTICLE HERE: https://lnkd.in/eMwAQmw5

Challenging some interesting thoughts here in this article. #insurtech #insurance #lloydsoflondon #londonmarket

Toto, we're not in Kansas anymore! 🧙♂️ The insurance industry is changing fast! Discover how the #insurtech Root Inc. is clicking its heels to profitability and what regional carriers and others can learn from their Q2 2024 results. Read the full analysis below. Highlights: ✨ 5 Key Takeaways to boost your insurance business 📈 25% Growth: Root Insurance's Q2 2024 results revealed 💡 Innovation Lessons: Stay ahead of the competition with Root's Share your thoughts: What do you think is the most important factor for regional carriers to maintain competitive edge? Will Root be profitable next quarter? #insurtech #insurance #innovation

🏈💼 Don't Let Life's Opportunities Pass You By: Learn from My NFL Journey 💼🏈 People often ask me what I wish I had known before entering the NFL, and my answer is always the same: LIFE INSURANCE! While I'm grateful for my journey, there are moments when I reflect on what could have been done differently. Imagine having a six-figure passive income stream or leveraging your Insurance contract for business startup capital. These insurance contracts are Tier 1A assets that banks love, offering endless possibilities for financial growth. They say if you knew better, you would do better, and I can assure you, I am doing better. For all my NIL and NFL guys out there, take it from someone who's been in your shoes—talk to a licensed agent about Cash Value Whole Life Insurance. You'll thank me later. Ready to take control of your financial future? Reach out to one of our wealth strategists at STATTFS.com and start building the life you deserve today. Because when it comes to securing your future, there's no time like the present. Let's make it happen together! #LifeInsurance #FinancialPlanning #NFL #NIL #WealthBuilding #STATTFinancialServices #TakeControl #SecureYourFuture

#insurtech Walnut Insurance Secures $4.6M to Transform #Insurance Distribution with Embedded Technology. The round was led by NAventures, National Bank of Canada’s corporate venture capital arm with participation from TELUS Global Ventures (TGV), Diagram Ventures, Portage , and Highline Beta. The funding from some of Canada’s leading investors represents a pivotal milestone for Walnut as it accelerates efforts to modernize and streamline insurance distribution. Diagram has recently expanded its strategy beyond its well-known venture studio model to include external investments. Walnut is amongst the first few of this kind in the Diagram portfolio, highlighting their confidence in the team’s potential to revolutionize the insurance landscape. Walnut's approach to insurance distribution leverages cutting-edge technology and strategic partnerships to create a sustainable and efficient business model. By embedding insurance products directly into the products and platforms of enterprise businesses and financial institutions, Walnut removes significant marketing costs and drives insurance distribution through partner-driven channels. This strategy not only supports a more sustainable distribution strategy for insurers, but also ensures that consumers receive tailored insurance products when and where they need them. "The insurance industry has yet to complete its digital transformation, with many insurers and brokers still operating in traditional, non-digital fashions. We aim to leapfrog traditional digitization and support a modern API-enabled embedded distribution strategy," said Adrien Niblock, CPO and Co-founder of Walnut. https://lnkd.in/eaTs6G4v

The integration between Hi Marley and Copart marks a new era of efficiency and collaboration for total losses, redefining how the #insurance ecosystem navigates this complex process!

RAFTRx positions itself to be the go-to place for roof insurance claims repairs. “We work to do more electronic receipts of documentation from customers and transmission of documents,” said Chris Doyle, chief marketing officer of RAFTR. “That's where there's some opportunities for the insurance companies and the TPAs that have leveraged these type of technologies. We're the kind of partner that at scale, can implement and execute that.” https://bit.ly/3A6XgeY #homeinsurance #insurtech

Another 5 Star Review ⭐⭐⭐⭐⭐ "Kendall Egan" "Crawford Yingling Insurance was the long time insurer of a Carroll County business and Ben graciously gave the new spin-off venture some time and advice on insurance that included going someplace else to start. As we scale, we will come right back because he had our best interest at heart as a very young startup." Text or Call us for Free Business, Home & Auto Insurance Quotes 🏗 🏡🚗 #businessinsurance #insurance #amazinginsuranceagent #shoplocal 4108487464 😊