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Synopsis
Hiscox, an Anglo-Bermudan insurance provider, led a $27m funding round in Coterie Insurance, a company that enables independent agents and brokers to write instant small business insurance, with participation from Intact Ventures, Weatherford Capital, and RPM Ventures. “We’re incredibly grateful for the recognition and belief in how we’re reimagining the small commercial insurance space through continued innovation and dedication to independent agents and brokers. This is an incredibly exciting time in Coterie’s growth as we focus on bringing enhanced value for our partners by pushing boundaries to shape the future of insurance,” David McFarland, Coterie Insurance CEO.
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