Steadily Comes Out of Stealth with $3.8 Million to Unlock the $38 Billion Landlord Insurance Market

Company will apply new technology and smart devices to prevent property damage and provide landlord piece of mind

Mobile experience powers rapid application, decisioning, quotes and purchase options direct to consumer; no agent required

Steadily, a new kind of insurer for landlords, came out of stealth mode today to officially launch its service and offer landlords new opportunities to secure property insurance coverage in this severely underserved market. Landlords can purchase insurance and address property needs directly through a mobile experience without the hassle of going through an agent. The company also announced that it has received $3.8 million in seed funding in a round led by Matrix Partners. Money will be used to accelerate product development as Steadily works, in part, to bring IoT devices to property management, facilitating preventative maintenance and lowering premiums.

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The Steadily mobile app

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Wefox: German insurance startup raising major Series C

  • European insurance unicorn Wefox is in the process of raising a fresh funding round, Business Insider understands. 
  • The ongoing Series C round is understood to have already seen involvement from the corporate investing arm of Singapore’s Economic Development Board.
  • The company has raised approximately $130 million already, and is hoping to increase that to around $237 million, making it one of the bigger funding rounds of 2020.
  • The Berlin-based startup previously raised $110 million last December. 
  • Visit Business Insider’s homepage for more stories.

European insurance unicorn Wefox is in the process of raising a major fresh funding round, Business Insider understands. 

A source with knowledge of the matter said the round is being led by the corporate investing arm of Singapore’s Economic Development Board (EDBI), with participation from existing investors Merian Chrysalis, OMERS Ventures, Mubadala Capital, Target Global, Idinvest, and Salesforce Ventures.

The Berlin-based company has raised approximately €110 million

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Custom Software Development Company TopDevz Delivers A New Insurance Claims and Payment Processing System for A Leading Healthcare Consultant

SACRAMENTO, Calif., Oct. 20, 2020 /PRNewswire/ — TopDevz, one of America’s fastest-growing custom software development companies, has announced the delivery of a new insurance claims and payment processing platform for medical practices to a leading healthcare management and consulting services provider.

TopDevz is a team of elite software developers, designers, project managers and quality assurance testers who live and work in the United States and Canada on some of the Nation's most sophisticated software development initiatives. (PRNewsfoto/TopDevz)
TopDevz is a team of elite software developers, designers, project managers and quality assurance testers who live and work in the United States and Canada on some of the Nation’s most sophisticated software development initiatives. (PRNewsfoto/TopDevz)

The Client

As a provider of consulting and management services for medical offices across the United States, this medium size company prides itself in handling day-to-day functions for its clients and allowing them to focus on their core business: providing exceptional healthcare. Specialized in audits, insurance claims processing and billing, they give their clients peace of mind and ensure they generate consistent cash flow and operate a successful practice.

The Challenge

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Dovel Subsidiary, AceInfo Awarded FEMA National Flood Insurance Program (NFIP) Modernization and Support Contract

MCLEAN, Va., Oct. 20, 2020 /PRNewswire/ — Dovel Technologies announced today that Ace Info Solutions, LLC (AceInfo) has been awarded an Alliant 2 Task Order from the Department of Homeland Security (DHS) Federal Emergency Management Agency (FEMA) National Flood Insurance Program  NFIP) supporting the development, maintenance and continued modernization of its PIVOT system. The PIVOT system helps facilitate and consolidate NFIP’s core business activities as it processes and manages flood insurance policies. This contract includes product development and enhancement, robust data analytics to support better-informed, real-time decision making, O&M, end user support, program management, and security.

(PRNewsfoto/Dovel Technologies)
(PRNewsfoto/Dovel Technologies)

“AceInfo is excited to leverage our proven agile solutions development expertise to support this mission-critical program,” said Mike Cosgrave, AceInfo COO. “We greatly value our strong relationship with FEMA and are committed to supporting the PIVOT transformation.”

Together, Dovel and AceInfo’s approach to technology solution development is fueled by an

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Professional Tips on How to Lower Car Insurance Rates

Press release content from Accesswire. The AP news staff was not involved in its creation.

LOS ANGELES, CA / ACCESSWIRE / October 17, 2020 / ( ) is a top auto insurance brokerage website, providing car insurance quotes online from trustworthy agencies all over the United States. This website offers car insurance info about different coverage types, available discounts, and money-saving tips.

Drivers should be aware that they have a certain degree of control over their rates. In fact, a high percentage of car insurance value depends on their driving history, selected coverage options, and driving habits.

These are the most effective ways to reduce car insurance costs:

  • Apply for available discounts. Ask the insurer to provide a list of discounts and specify which ones the client is eligible for. Insurance companies are known to offer a wide range of discounts for low mileage,
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How Important Are Insurance Carrier Ratings and Insurance Tracking Solution Software?

What is an insurance policy? It is a promise or an assurance to pay in case of a covered damage or loss. The insurance carrier promises to cover the loss and pay during a financial disaster. Although, the commercial insurance has turned out to be quite complex and expensive, yet a good coverage can be your only security against the monetary catastrophe during a serious claim. Have you ever thought how would your condition be if the insurance company fails to keep the promise during the time of your need? This is where the insurance tracking solution software comes forward.

It is not an easy task to predict which insurance carrier is the best and safe, out of numerous options available. But, the ratings provided by various agencies can be of great help to select the most trusted one in the crowd. The carrier goes through rigorous evaluation procedures comprising … Read More

Mobile Friendly Insurance Agency Website Checklist

With over 50% of website visitors and email recipients viewing information on their mobile devices, and many doing so from their social media platforms, it’s always a good idea to review your insurance agency website to ensure your clients and prospects have a positive website user experience. Here are some key areas to focus on when reviewing your insurance agency website:

Do Not Make a Separate Mobile Version of Your Website

A few years ago, your business might have two websites, a website for desktop users and one for mobile devices. This is a really bad idea today, as it doubles your efforts and can annoy clients, prospects and search engines.

Use Responsive Design Principles

Responsive design uses coding to adjust a website based on the size of the viewport. Methods have advanced quickly and you no longer have to hide content from mobile users. You can show off your … Read More

Is Gadget Insurance Worth It?

These days the average home is not complete without a computer and a high-definition TV. Increasingly, gadgets are becoming personal must haves as well – whether it’s a laptop, a smart phone or an MP3 player. With all these gadgets now in our possession, losing any of them could be a nightmare; both in terms of cost and time spent to replace the item. While some home insurance policies will cover gadgets, not all do and some people prefer to take out specific gadget insurance for their electronic goods.

While gadget insurances vary, the general rule is that a standard policy will cover up to five standard gadgets, including nav sats and gaming devices.

People take out insurance on their gadgets because, although their strength is their portability, that too is their weakness. An iPod can easily be left on a bus while a PDA can easily be taken out … Read More

Why Insurance Agencies Should Create Insurance Website Resource Libraries

Your insurance agency likely has many things of value to offer, and probably wants to share at least some of these things with prospects and clients. If so, your agency should consider creating a compelling Insurance Agency Website Resource Library. Website resource libraries provide a great opportunity for businesses, by providing a cost-effective platform to share information which can attract prospects, and improve client retention.

What is a Website Resource Library?

Think of an Insurance Agency Website Resource Library as a content hub, consisting of documents, templates, resource links, digital tools, FAQs, marketing materials and other important information. The goal of this insurance content hub is to improve information sharing with employees, clients and prospects.

Types of Content Used

There are hundreds of content types that might be offered in an Insurance Agency Website Resource Library, ranging from best practices recommendations to marketing collateral. Let’s review some of the more … Read More

Get Gadget Insurance So You Do Not Have To Be Without Your Beloved Gadget For Very Long

Today, almost every person owns multiple gadgets, from laptops, mobile phones and cameras to eBooks, tablets, music players and GPS devices. While most of these devices provide trouble-free service for several years, it is the portable nature of these gadgets that can make them particularly vulnerable to damage, theft or loss when taken out and about. The only way you can protect yourself against the loss is to insure your gadget.

Think about it this way – if your gadget was damaged or stolen would you be able to stay without it for any length of time? If you are going to be devastated should something happen to your gadget it is a sure sign that you need to get gadget insurance.

Aren’t gadgets included in home insurance?

Not necessarily. There are a few home contents insurance policies that cover gadgets too but all don’t. If you are already paying … Read More