Residence insurer Brazenly has begun providing its protection choices to impartial insurance coverage brokers and their policyholders in Virginia.
Already lively in 23 states, the upmarket dwelling insurer stated it’s launching in Virginia with a phased introduction, granting entry to further impartial businesses every month.
The insurer touts complete protection and a digital platform that makes it easy for brokers to acquire quotes and add and worth protection for second houses, flood, contents, landlords or different choices.
Entrance into Virginia marks the second state rollout of 2024 for Brazenly, following Connecticut in Could.
Boston-based Brazenly was launched in 2019 as a managing common company. In 2022 it acquired a provider shell to start issuing insurance policies instantly in choose states whereas persevering with to depend on threat companions in different states. It makes use of MS Transverse Insurance coverage Co. in Virginia, Connecticut, Pennsylvania, and Wisconsin.
Brazenly sells completely by impartial brokers.
In September. 2023 the Insurtech raised $100 million in funding. A yr earlier, it closed on a $75 million funding.
Subjects
Carriers
New Markets
Virginia
Householders
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