AmTrust Financial Services, Inc. is a multinational insurance holding company that specializes in providing property and casualty insurance products, particularly for small to mid-sized businesses. Founded in 1998, the company initially focused on workers' compensation insurance and has since expanded its offerings to include commercial automobile, general liability, extended service, and warranty coverage. AmTrust emphasizes niche diversity and low-hazard risk, striving for financial stability through geographic and product diversification. Its operations are organized into three segments: Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program, with the majority of its revenue generated from the Small Commercial Business segment. In addition to its insurance products, AmTrust engages in strategic investments in early-stage companies that align with its core business, particularly in areas such as insurance technology, finance, and cybersecurity.
Anzen specializes in underwriting and brokering various types of Executive, Cyber, and Professional Liability insurance, including D&O, EPL, Cyber, Fiduciary, Crime, Tech E&O, and E&O. By leveraging artificial intelligence, Anzen streamlines the insurance process, allowing submissions to be made through a simple email or a brief digital application. The platform connects thousands of brokers to a marketplace of leading insurance carriers, facilitating competitive coverage placements and efficient transactions. Anzen's services cater to a range of businesses, from small to mid-market private companies, helping them identify and mitigate risks. Additionally, the company provides integrated tools with human resources systems and incident response services, enabling organizations to manage operational risks and liabilities effectively.
Contractor Managing General Insurance Agency
Acquisition in 2022
Contractor Managing General Insurance Agency specializes in offering insurance solutions tailored for construction and subcontractor professionals. The agency provides a comprehensive surety bond program designed to meet the needs of small to mid-sized contractors across the nation. Its services include bond advisory through a specialized contract surety program that facilitates the listing and securing of surety bids, as well as performance and payment bonds. By automating the bidding process for public works, the agency enables construction professionals to navigate both short and long-term bonding requirements more efficiently and effectively.
DUAL-middle market management liability business
Acquisition in 2022
DUAL-middle market management liability business offers appetite and product offerings.
VTS
Series E in 2022
VTS is a New York-based real estate CRM software company that specializes in leasing and asset management for commercial real estate professionals. Founded in 2012, VTS provides a centralized platform that enables landlords and brokers to track leases, assets, and tenants efficiently. The platform is designed to streamline workflows and enhance decision-making by offering critical insights through custom alerts and reporting capabilities. By empowering users with an intuitive toolset, VTS aims to optimize performance and revenue, facilitating better attraction, conversion, and retention of valuable assets and tenants. The firm supports a substantial user base managing over 7 billion square feet of real estate and counts several prominent commercial real estate leaders among its clients.
Servify
Series D in 2022
Servify is a mobile-based platform designed to enhance the ownership experience of electronic gadgets and appliances for consumers. It serves as a personal assistant that allows users to store important documents such as bills and warranties in the cloud. Additionally, Servify connects users with brand-authorized service providers, ensuring reliable repair and maintenance when needed. The platform integrates various partners within the post-sales service ecosystem and offers device lifecycle management services, enabling enterprises to effectively manage the post-purchase experience and guide consumers in their future purchasing decisions. Through its comprehensive service offerings, Servify aims to deliver a seamless and satisfactory customer experience.
weSure
Post in 2022
WeSure Insurance, based in Israel, operates as a community-focused insurance company specializing in home, property, and mandatory car insurance. The company leverages advanced concepts in efficient insurance systems management to enhance its offerings and improve customer experience. By integrating innovative technology with traditional insurance practices, WeSure aims to provide tailored solutions that meet the diverse needs of its clients while fostering a sense of community among policyholders.
WeSure Digital
Corporate Round in 2022
WeSure Digital provides insurance services.
Foxquilt
Series A in 2021
Foxquilt Inc. is an insurance technology company based in Toronto, Canada, that operates a platform designed to connect consumers with insurance carriers. Founded in 2016, Foxquilt focuses on empowering individuals and small businesses to join social groups with similar insurance needs, allowing them to save on upfront premiums and reduce deductibles while purchasing home, small business, and auto insurance online. The company's offerings cater to a diverse range of sectors, including contractors, retail, e-commerce, healthcare, and technology. By leveraging data and machine learning, Foxquilt's insurance-as-a-service platform simplifies the insurance process for small businesses and B2B networks, ultimately helping them achieve significant savings and rewards at renewal.
Farmobile
Series B in 2017
Farmobile is a company that specializes in the real-time collection and organization of agronomic and machine data from various farming equipment. By utilizing advanced data collection software, Farmobile streams this data continuously, allowing it to be transformed into standardized, visual Electronic Field Records. This capability enables farmers to efficiently collect, analyze, and store their farm data. Additionally, Farmobile offers a platform called the Farmobile DataStore, where farmers can monetize their data by sharing it with trusted advisors and channel partners. Their services aim to create revenue-generating opportunities for farmers while ensuring easy access to important farm information through cloud computing and an API streaming solution.
FICX
Venture Round in 2017
FICX is a company focused on transforming customer experiences through innovative digital solutions. Specializing in no-code customer experience (CX) application development and automation, FICX enables enterprises to efficiently digitize and automate their customer journeys across various engagement channels. By streamlining sales and service processes, FICX helps organizations reduce operational costs, increase sales conversions, and enhance customer satisfaction. The company’s platform enhances traditional customer service systems by providing a visual interaction interface for call centers, allowing for dynamic engagement and the delivery of visual content directly to customers' smartphones during voice interactions. Founded in 2012, FICX has established a strong presence in multiple sectors, including finance, insurance, and telecommunications, with operations in the United States, the UK, and Israel.
Sure
Series A in 2017
Sure Inc. is an insurance technology company based in San Diego, California, founded in 2014. It develops and operates an online application that allows users to purchase various insurance coverage, including for luggage, smartphones, clothing, renters, and personal damages. Sure partners with renowned insurance providers such as Nationwide, Chubb, and MetLife to offer these solutions. The company provides an enterprise SaaS platform and APIs that facilitate digital transformation and the distribution of embedded insurance, eliminating the need for extensive IT resources. Its platform is designed to streamline digital insurance sales and service, supporting each phase of the insurance lifecycle and enabling both global consumer brands and insurance companies to efficiently manage and sell their insurance products.
Total Program Management
Acquisition in 2016
Total Program Management, Inc. is a managing general underwriter specializing in workers’ compensation insurance solutions primarily for the health care sector in the United States. The company offers a comprehensive range of services, including policy issuance, underwriting, claims management, premium billing, and auditing. It also provides self-insurance solutions tailored for medium to large organizations, along with expert consulting services that encompass underwriting program management, due diligence on insurance operations, reinsurance analysis, and litigation review. Additionally, Total Program Management focuses on risk reduction and loss control through on-site assessments, safety program participation, and employee training. The company supports clients with claim management services, including reporting and human resource assistance. Founded in 2005 and based in Ronkonkoma, New York, Total Program Management operates as a subsidiary of AmTrust Financial Services.
ANV Global Services
Acquisition in 2016
ANV Holdings is a specialty insurance company that offers a diverse range of commercial property and casualty insurance products. The company operates through three Lloyd’s syndicates and functions as a managing general underwriter, providing underwriting services for specialty risks to global organizations. ANV is recognized for its robust infrastructure, which is supported by a skilled management team and strong underwriting capabilities. In addition to its underwriting services, ANV also engages in reinsurance activities, positioning itself as a comprehensive provider in the specialty insurance market.
Metromile
Series B in 2013
Metromile, Inc. is a digital insurance platform based in San Francisco, California, specializing in pay-per-mile car insurance. The company provides real-time, personalized auto insurance policies that cater to the needs of modern drivers, utilizing data science to offer pricing that reflects actual mileage rather than traditional estimates. Metromile's services include the Metromile Pulse, a wireless device that connects to the car's onboard diagnostics port to track mileage, location, and driving behavior. This data collection supports the company's automated claims process and complimentary smart driving features, resulting in average savings of 47% compared to previous insurance costs. Additionally, Metromile licenses its technology platform to insurance companies globally, enabling them to enhance operational efficiency, automate claims, and reduce fraud losses. Originally founded as Fair Auto, Inc. in 2011, the company rebranded to Metromile in 2012.
Warrantech
Acquisition in 2010
Warrantech specializes in administering and marketing service contracts and after-market warranties for a variety of products, including automobiles, automotive components, recreational vehicles, appliances, consumer electronics, and computers. The company provides comprehensive support to retailers, distributors, and manufacturers by offering vehicle service contracts, GAP insurance, and ancillary products that extend coverage after the original manufacturer's warranty expires. Additionally, Warrantech delivers administrative support, underwriting assistance, marketing services, contract processing, data management, claims payment, and actuarial loss reporting services, thereby catering to the needs of the automotive, recreational, and powersports industries.
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