* Newfront Insurance Services LLC has secured $200 million through a series D funding round led by Goldman Sachs Asset Management LP and B Capital Group Management LP. The company's platform automates tedious administrative processes for brokers while streamlining a number of repetitive tasks that have traditionally taken up customers' time and headspace. Weil advised ABD Insurance and Financial Services, Inc., a recognized innovator in employee benefits, insurance and financial services, in its $1.35 billion merger with Newfront Insurance, Inc., the cutting-edge technology-enabled brokerage. . Cara Johnson. Series 65 License (preferred or completed within 3 months of start date) Responsibilities. Insurance brokerage platform Newfront announced a $200 million investment at a $2.2 billion valuation led by the Goldman Sachs Asset Management and B Capital with participation from existing. Stack Capital Group Inc. TORONTO, May 02, 2022 (GLOBE NEWSWIRE) -- Stack Capital Group Inc. ("Stack Capital") (TSX: STCK and STCK.WT) is pleased to announce that it has invested $8 million USD into. Current D&O Insurance Market 2 Today's Topics. Our experienced insurance brokers help our clients save money and find the right coverage for their risk. Earlier this month, Newfront announced its newest employee resource group (ERG) - Amplify AAPI! Contact Information Jane Paolucci Senior Vice President, Marketing Newfront jane.paolucci@newfront.com 415-798-2693 Newfront Jane Paolucci | Newfront is a modern insurance brokerage that leverages technology to vastly simplify the buying process for clients and the selling process for brokers. ow - Jul, 22 2022. TORONTO, May 02, 2022 (GLOBE NEWSWIRE) -- Stack Capital Group Inc. ("Stack Capital") (TSX: STCK and STCK.WT) is pleased to announce that it has invested $8 million USD into preferred shares of. The end of the protected leave period (if any); or 2. You can find the specific insurance . Wednesday, September 28 2022 - 10:30 AM The current environment has never been more challenging to set talent and rewards strategies, as companies confront economic headwinds and stock market volatility, amidst a tight labor market for high-demand roles and many still leaving jobs as part of the great resignation. Due to the increased spotlight on board diversity, there were a series of shareholder derivative lawsuits filed against public companies, alleging breach of fiduciary duty because of the board's lack of diversity. Terms of the transaction were not disclosed. Also participating was Susa Ventures and Felicis Ventures. . Claims Manager RT Specialty Eric Tausend Senior Vice President, . Chief of Staff to the CEO at Eastridge Workforce Solutions. Lead investors are Founders Fund and. As Newfront continues to build an important distribution channel, we believe they will have opportunities to innovate up and down the insurance stack - across product, capital, claims, and risk management." - Matt Levinson, Partner, B Capital EvolutionIQ $21 million, Series A, April 12 Type of company: Claims software provider This ERG aims to amplify the voices of our Asian American and Pacific Islander ( #aapi) colleagues . It operates as a technology-enabled brokerage house that eliminates a lot of pen and paper processes. 767 Latest Deal Type Series D Latest Deal Amount $200M Investors 25 General Information Description Developer of an insurance brokerage technology intended to assist businesses in purchasing insurance packages based on insight-based recommendations. Newfront Insurance, a modern insurance brokerage, was the largest InsurTech deal in H1 2022 raising $200m in their latest Series D funding round led by B Capital Group and Goldman Sachs Asset Management. This is the fifth installment in the ABD M&A Advisory series titled . 3 Deirdre Finn Executive Vice President, Executive Risk Solutions Newfront Marissa Streckfus, Esq. Our experienced insurance brokers help our clients save money and find the right coverage for their risk. The Zebra. Insurance and investment management giant Prudential Financial has launched a $300m venture capital fund, its first through subsidiary PruVen Capital. Newfront insurance and benefits professionals have better tools at their disposal to improve productivity, which has ultimately led to average book growth that is 2x the . TORONTO, May 02, 2022 (GLOBE NEWSWIRE) -- Stack Capital Group Inc. ("Stack Capital") (TSX: STCK and STCK.WT) is pleased to announce that it has invested $8 million USD into preferred shares of Newfront Insurance, Inc. ("Newfront"), a leading provider of insurance, retirement solutions, and employee benefits. That means the year-to-date funding for 2022 figure of $4.8 billion is just 29 percent of the deal value for all of last year. Open user menu . WALNUT CREEK, Calif.-- (BUSINESS WIRE)-- #growth--Relation Insurance Services ("Relation"), one of the largest and fastest-growing national insurance agencies, announced today it acquired the assets of California-based Innovative Broker Services. Newfront, a San Francisco, CA-based technology-driven modern insurance brokerage, raised over $100m of funding, most recently valuing the company at $500m. 'The nature of risk has changed drastically over the past century but the insurance industry has not . Operator Partners. PruVen, which is led by former Citi global venture investing co-head and ex-Battery Ventures partner Ramneek Gupta, is set to target emergent technology startups in North America, Europe, Japan . Whatnot Raises $260M Series D Co-led by Dst Global and CapitalG to Expand Its Live, Social Commerce Marketplace. Newfront makes insurance work for you. Bugcrowd Inc., San Francisco, $30 million: Rally Ventures led the Series D funding of this crowdsourced security company. Insurance Carrier Approval Common approach will continue active coverage until the later of: 1. Newfront Insurance Newfront Insurance provides risk management and employee benefits solutions for business, as well as different types of insurance for individuals. Stack Capital has invested $8 million USD into preferred shares of Newfront Insurance, Inc. ("Newfront"), a leading provider of insurance, retirement solutions, and employee benefits. * Insurance and Care NSW appointed Stuart Farquharson CFO, effective Oct. 11. Insuretech startup Counterpart, has raised $10 million in funding led by Valor Equity Partners. This position is a salaried, exempt and full-time role and will be reporting to an Account Executive. 45. Cover, which just closed an $8 million Series A, offers a similar service. Game Changers is a documentary series profiling some of the world's most influential, determined, hard-working visionaries who are disrupting their industries. | Newfront is a modern insurance brokerage that leverages technology to vastly simplify the buying process for clients and the selling process for brokers. BMW 1 Series models fall anywhere from group 12 to group 41, meaning the cost of insurance for your BMW 1 Series can vary hugely. Christina Bryan. Hover which has built a platform that uses eight basic smartphone photos to patch together a 3D image of your home that can then be used by contractors, insurance companies and others to assess a. Support the management . Michael Whitehorn. U.S.-based InsurTechs also raised the most deals in Q2, which is consistent with the rolling average across previous quarters. Berlin-based tax filing company Taxfix raised a $220 million Series D led by Ontario Teachers Pension Plan that valued it at $1 billion. The round values Plaid at $13.4B and includes. Insurtech company Newfront, created only three years ago, announced today that since its inception it has raised north of $100 million, with the latest Series C round putting the valuation of the. Customers take a picture of the item they want to insure and Cover offers a policy, underwritten by a partner insurance firm. The startup Newfront Insurance is seeking to modernize the industry with digital tools that simplify insurance processes for brokers and businesses. Later-stage companies Hippo, Unqork, Waterdrop, Oscar Health, Bind Benefits and Newfront Insurance each raised more than $100 million in funding in the fourth quarter as investors focused more on . Newfront makes insurance work for you. The number of deals in the second quarter of 2022 was 131,. San Francisco-based Newfront Insurance, a technology-powered commercial insurance brokerage, raised $200 million in Series D funding in April. Newfront, the modern insurance brokerage platform, today announced a $200 Million investment at a $2.2bn valuation led by the Growth Equity business within Goldman Sachs Asset Management and B Capital with participation from existing investors including Founders Fund and Meritech Capital. Newfront was founded in 2017 by Spike Lipkin and Gordon Wintrob. Stack Capital's investment was completed alongside other Series D investors including Goldman Sachs, B Capital, Founders Fund, and Y Combinator amongst many others. Post not marked as liked . The Senior Manager, Benefits responsibilities include researching employee motives, implementing appealing rewards and tailoring benefit programs based on staff needs. Website http://www.newfront.com Industries Insurance Company size 501-1,000 employees Headquarters San Francisco,. MediaHype stats Maximum quantity of news per 30 days Company Info Web site NewsHeat chart Week Month Year Newfront is a team of risk and reward advisors providing industry leading services and resources in insurance, risk management, employee benefits and retirement programs to our clients so they can focus on building success. Chief of Staff and Strategy at Colorado Secretary of State's Office. Further participation in the round came from existing investors including Founders Fund and Meritech Capital. Deel, Whatnot, Spring Health. Newfront Announced Date Apr 12, 2022 Closed On Date Apr 12, 2022 Funding Type Series D Funding Stage Late Stage Venture Money Raised $200M Pre-Money Valuation $2B Lead Investors Goldman Sachs Asset Management Goldman Sachs Asset Management provides institutional and individual investors with investment and advisory solutions. Chief of Staff, Strategic Programs and Business Operations at Q2. 51. Sign up. San Francisco, CA April 26, 2022 --()-- With more than 20 years of experience overseeing global recruiting efforts at high profile technology companies, accomplished human resources leader Jenna Connell has joined Newfront, the tech-driven insurance brokerage based in San Francisco.Jenna will serve as Vice President, Talent Acquisition. Newfront is a brand name of ABD Insurance and Financial Services, Inc., which is the surviving company of the January 1, 2022 . Apr 12, 2021, 08:01 ET. Chief Of Staff at Common Impact. Stack Capital's investment was completed alongside other Series D investors including Goldman Sachs, B Capital, Founders Fund, and Y Combinator amongst many others. The Role: We are looking for a Senior Manager, Benefits that will establish best practices, attract high-quality employees and ensure Newfront has a competitive and inclusive benefits and well being program. We're bringing innovation to the insurance industry in service of our clients! Redpoint Ventures. White Mountains Insurance Group joined as a new investor, and existing investors Gallatin Point Capital, Greycroft and Acrew Capital also participated in the round. The company's platform automates tedious administrative processes for brokers while streamlining a number of repetitive tasks that have traditionally taken up customers' time and headspace. 0. ascend, the first modern insurance payments platform, today announced that they have raised a $30m series a in equity funding, bringing the total funding raised to $39m along with a $250m lending commitment to finance insurance premium loans through its platform facilitated by hudson structured capital management ltd. - doing its re/insurance . Apply to Retirement Services Account Manager at Newfront Insurance and thousands of other roles in one-click on Simplify. Embroker is a digitally-native business insurance company built from the ground up with modern technology to eliminate the inefficiencies that increase prices and lead to frustrating customer experiences. The investment values Newfront Insurance at $2.2 billion. TORONTO, May 02, 2022 (GLOBE NEWSWIRE) -- Stack Capital Group Inc. ("Stack Capital") (TSX: STCK and STCK.WT) is pleased to announce that it has invested $8 million USD into preferred shares of. Cerebral, Newfront Insurance, Whatnot, Swiftly, Mux, Parsley Health, Curebase. Supply chain Newfront is a brand name of ABD Insurance and Financial Services, Inc., which is the surviving company of the January 1, 2022 merger of three insurance agencies: ABD Insurance and Financial Services, Inc., Newfront Insurance Services, LLC and Aviation Marine Insurance . Newfront's platform features thousands of digitized insurance applications that can be viewed or changed at any time. We're bringing innovation to the insurance industry in service of our clients! AUSTIN, Texas, April 12, 2021 /PRNewswire/ -- The Zebra, the nation's leading insurance comparison site, announces a Series D fundraise totalling $150 million . San Francisco-based Newfront Insurance raised a $200 million Series D led by Goldman Sachs and B Capital Group that valued the insurance platform at $2.2 billion. From machine learning to artificial intelligence, we use the latest technology to make policies more tailored, less expensive, and . Dashboard Matches Jobs Companies Applications Profile. Counterpart works in the Download Chrome Extension. Post not marked as liked . Headquartered in San Francisco, Newfront has offices throughout the country and is home to more than 750 employees who serve clients across the United States. The transaction closed August 19, 2021. For example, a 30-year-old driver in an average postcode could pay around 791 for cover on a BMW 116d SE 5d model, or around 924 for a BMW M135i xDrive Sport Automatic 5d. Newfront | 12,487 followers on LinkedIn. The company is headquartered in San Francisco, California, with offices in Washington, Illinois, and New York. Chairman, Newfront Insurance . The platform also incorporates optical character recognition and machine learning models to extract structured time-series data from documents, helping businesses manage risks at . Tiffany Jones. Newfront | 12,485 followers on LinkedIn. Pie's Series D fundraise has more than doubled its total capital raised to date, which now stands at more than $615mn, and is the largest round of financing for any US-based P&C . The latest round for the insurtech startup was led by Founders Fund and Meritech Capital, and brings the company's valuation to $500 million. 0. Our experienced insurance brokers help our clients save money and find the right coverage for their risk. Until now. "Jenna's talent and expertise, especially in the . [ Businesswire] Newfront Insurance grabbed $100M. TORONTO, May 02, 2022 (GLOBE NEWSWIRE) -- Stack Capital Group Inc. ("Stack Capital") (TSX: STCK and STCK.WT) is pleased to announce that it has invested $8 million USD into preferred shares of. Corvus offers employees 12 weeks of short-term leave at no cost. The company's platform automates tedious administrative processes for brokers while streamlining a number of repetitive tasks that have traditionally taken up customers' time and headspace. Stack Capital Invests $8 Million USD Into Newfront Insurance May 3, 2022 Stack Capital Group is pleased to announce that it has invested $8 million USD into preferred shares of Newfront Insurance, a leading provider of insurance, retirement solutions, and employee benefits. To be successful in . 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