FFirst Connect connects independent insurance agents with top insurtech providers and tech-focused carriers, acting as a bridge between local experts and modern, digital approaches in insurance. Its product is a curated network of insurtech carrier partners that agents can access to offer faster, more data-driven insurance options to clients. The company highlights four insurtech advantages: better connectivity and speed, targeted product concepts, full automation, and data-driven decision making. First Connect differentiates itself by vetting and providing only high-quality insurtech partners (the “cream of the crop”) and continually adding new carriers to expand options for independent agents. Its goal is to help agents take full advantage of the new insurtech-driven way of doing business and connect them to a better tomorrow by enabling easier access to leading insurers like Hippo, Clearcover, Ethos, Pie, Attune, RLI, and others.
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Industries
Company Size
51-200
Company Stage
Acquired
Total Funding
N/A
Headquarters
Austin, TX
Founded
2014
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Total Funding
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Industry Average
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BOSTON, Nov. 19, 2024 /PRNewswire/ -- Simply Business, LLC, the leading digital insurance marketplace focused on small businesses, today announced a new partnership with First Connect Insurance Services, a digital platform that empowers independent insurance agents by providing access to some of the nation's top insurance carriers. This collaboration helps expand Simply Business's reach within the independent agent community and enhance commercial insurance options for small businesses nationwide. Through this strategic relationship, First Connect's extensive network of appointed agents now has a single access point to Simply Business's suite of digital insurance products. Agents can quickly compare multiple quotes from Simply Business's nationwide network of carriers and find the specialized small business coverage in a matter of minutes through a fully digital quote, bind, and issue process. They can also view and manage policy documents and certificates of insurance for their clients through a dedicated portal
Hippo Insurance sells First Connect stake for $48 million, reports strong Q3 growth.
Centana Growth Partners, a growth equity firm specializing in the financial services ecosystem, is pleased to announce that it has acquired a majority
Centana Growth Partners, a NYC-based and Palo Alto, CA-based growth equity firm specializing in the financial services ecosystem, announce that it has acquired a majority stake in First Connect Insurance Services, an Austin, TX-based provider of an insurtech platform, formerly an indirect wholly-owned subsidiary of Hippo Holdings Inc. (NYSE: HIPO)
Centana Growth Partners has acquired a majority stake in First Connect Insurance Services, a wholesale PC insurance provider under Hippo, for over $60 million. The investment was led by Centana with contributions from Pruven Capital, Cota Capital, and Cross Creek.
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We're working on gathering enough insights on this company, check back soon!
Industries
Company Size
51-200
Company Stage
Acquired
Total Funding
N/A
Headquarters
Austin, TX
Founded
2014
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