Distribution

Platform co-developed by carrier and tech company aims to help rebuild small-business books.

(Bloomberg) --U.K. car and home insurer Admiral Group Plc is considering a potential sale of its price comparison platform Penguin Portals, according to people familiar with the matter.

Ecosystem orchestrators and participants, such as car-sharing service vendors, could also collect and integrate massive amounts of data from different services

It is the first carrier to partner with BrokerTech Ventures

Insurance policies typically sold through face-to-face channels require intense advice and demand creation. Insurers must take steps now to adapt to the new landscape.

Company is focused on accessibility and efficiency for retail agents and brokers.

The startups selected will gain access to engagement and distribution offerings through BrokerTech Ventures’ nine owners and partners.

South Carolina is the eighth state where Farmers has expanded access to branded products since 2011.

The Massachusetts-based insurtech also has raised $23 million in Series A funding.

Razer is looking to tap into its user base that is largely underserved by traditional financial companies.