EMC Insurance

EMC Insurance Companies is among the top 50 insurance organizations in the country based on net written premium, with assets over $3 billion and more than 2,100 employees. The company was organized in 1911 to write workers’ compensation protection in Iowa. Today, EMC provides property and casualty insurance products and services throughout the United States and writes reinsurance contracts worldwide. Operating under the trade name EMC Insurance Companies, Employers Mutual Casualty Company and one or more of its affiliated companies is licensed in all 50 states and the District of Columbia.

Philip Lucca

Senior Vice President, Field Operations

10 past transactions

AgencyKPI

Series B in 2022
AgencyKPI, Inc. is a business intelligence platform focused on the insurance industry, catering to insurance networks, independent agencies, and insurers. Founded in 2017 and headquartered in Austin, Texas, the company addresses the challenges posed by the vast amounts of data generated by fragmented legacy systems used across various entities in the insurance sector. AgencyKPI's platform harmonizes and balances this data, facilitating collaborative planning, operational efficiencies, and benchmarking. By developing new reporting and data standards, AgencyKPI enables its clients to access actionable insights that enhance their decision-making processes.

MakuSafe

Series A in 2021
MākuSafe Corp., founded in 2016 and headquartered in West Des Moines, Iowa, specializes in wearable technology designed to enhance workplace safety. The company has developed a two-piece armband equipped with IoT sensors that collects environmental data, including location and motion speed, while also recording near-miss accident indicators. This data is transmitted to the MākuSmart platform, an online portal where safety and operational personnel can access predictive analytics related to workplace risks. By analyzing both employee-generated and automated reports, organizations can identify patterns and environmental factors that contribute to potential hazards, enabling proactive measures to reduce risks for their workforce.

Veruna

Venture Round in 2021
Veruna LLC, founded in 2015 and based in Hopkinton, Massachusetts, specializes in developing software solutions for insurance brokers and agencies. The company offers an agency management platform built on Salesforce, designed to provide customizable tools that align with the specific needs and goals of modern insurance agencies. Its software encompasses various functionalities including sales management, client management, accounting, and document management, along with capabilities for reporting and dashboard creation. Veruna also offers consultancy services, which include product customization, professional services, and operational consulting, aimed at assisting insurance brokers and agencies in enhancing their business processes. By encouraging independent agents to embrace innovative solutions, Veruna strives to facilitate growth and transformation within the insurance industry.

AgencyKPI

Series A in 2020
AgencyKPI, Inc. is a business intelligence platform focused on the insurance industry, catering to insurance networks, independent agencies, and insurers. Founded in 2017 and headquartered in Austin, Texas, the company addresses the challenges posed by the vast amounts of data generated by fragmented legacy systems used across various entities in the insurance sector. AgencyKPI's platform harmonizes and balances this data, facilitating collaborative planning, operational efficiencies, and benchmarking. By developing new reporting and data standards, AgencyKPI enables its clients to access actionable insights that enhance their decision-making processes.

Betterview

Convertible Note in 2020
Betterview is a developer of a property intelligence and risk management platform specifically tailored for property and casualty insurers. The company's platform enhances the customer experience by streamlining decision-making processes and improving risk assessment throughout the policy lifecycle. By identifying and mitigating risks, Betterview enables insurers to increase operational efficiency and inspection accuracy. The platform also facilitates automation in pricing, underwriting, and policy renewal, allowing insurers to concentrate their strategic efforts on critical properties. Overall, Betterview aims to provide comprehensive property insights that improve both operational effectiveness and customer transparency in the insurance industry.

MakuSafe

Debt Financing in 2020
MākuSafe Corp., founded in 2016 and headquartered in West Des Moines, Iowa, specializes in wearable technology designed to enhance workplace safety. The company has developed a two-piece armband equipped with IoT sensors that collects environmental data, including location and motion speed, while also recording near-miss accident indicators. This data is transmitted to the MākuSmart platform, an online portal where safety and operational personnel can access predictive analytics related to workplace risks. By analyzing both employee-generated and automated reports, organizations can identify patterns and environmental factors that contribute to potential hazards, enabling proactive measures to reduce risks for their workforce.

MakuSafe

Venture Round in 2019
MākuSafe Corp., founded in 2016 and headquartered in West Des Moines, Iowa, specializes in wearable technology designed to enhance workplace safety. The company has developed a two-piece armband equipped with IoT sensors that collects environmental data, including location and motion speed, while also recording near-miss accident indicators. This data is transmitted to the MākuSmart platform, an online portal where safety and operational personnel can access predictive analytics related to workplace risks. By analyzing both employee-generated and automated reports, organizations can identify patterns and environmental factors that contribute to potential hazards, enabling proactive measures to reduce risks for their workforce.

Betterview

Series A in 2019
Betterview is a developer of a property intelligence and risk management platform specifically tailored for property and casualty insurers. The company's platform enhances the customer experience by streamlining decision-making processes and improving risk assessment throughout the policy lifecycle. By identifying and mitigating risks, Betterview enables insurers to increase operational efficiency and inspection accuracy. The platform also facilitates automation in pricing, underwriting, and policy renewal, allowing insurers to concentrate their strategic efforts on critical properties. Overall, Betterview aims to provide comprehensive property insights that improve both operational effectiveness and customer transparency in the insurance industry.

MakuSafe

Seed Round in 2019
MākuSafe Corp., founded in 2016 and headquartered in West Des Moines, Iowa, specializes in wearable technology designed to enhance workplace safety. The company has developed a two-piece armband equipped with IoT sensors that collects environmental data, including location and motion speed, while also recording near-miss accident indicators. This data is transmitted to the MākuSmart platform, an online portal where safety and operational personnel can access predictive analytics related to workplace risks. By analyzing both employee-generated and automated reports, organizations can identify patterns and environmental factors that contribute to potential hazards, enabling proactive measures to reduce risks for their workforce.

MakuSafe

Seed Round in 2018
MākuSafe Corp., founded in 2016 and headquartered in West Des Moines, Iowa, specializes in wearable technology designed to enhance workplace safety. The company has developed a two-piece armband equipped with IoT sensors that collects environmental data, including location and motion speed, while also recording near-miss accident indicators. This data is transmitted to the MākuSmart platform, an online portal where safety and operational personnel can access predictive analytics related to workplace risks. By analyzing both employee-generated and automated reports, organizations can identify patterns and environmental factors that contribute to potential hazards, enabling proactive measures to reduce risks for their workforce.
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