Category: Product Launch

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Buckle enters into MGA agreement with auto insurance specialists InsureScan

Buckle, the financial services company providing auto insurance solutions for the gig economy, and InsureScan, an upcoming auto insurance specialist, have entered into a managing general agency (MGA) agreement supporting drivers in Alabama. Under the agreement, InsureScan is underwriting non-standard auto insurance policies using Gateway Insurance, one of Buckle’s insurance carriers, as the admitted carrier.

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Airbnb launches travel insurance

In January, Airbnb announced the upcoming launch of a “custom-built” guest travel insurance product offering exclusive to Airbnb guests. The product was set to be launched in the spring with a “reputable insurance carrier” as the underwriter.

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Why insurtech investments are down

Insurtech investments fell by 79.6% in 2021, leading to job losses and tough economic conditions for the sector in the first half of 2022 thanks to a “combination of factors,” said GlobalData’s Deals Database.

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