Allianz X led a Series C funding round in Coterie Insurance.

Allianz X, a growth investments arm of Allianz Group, led a Series C funding round in Coterie Insurance, a tech-enabled, data-powered managing general agent specializing in property and casualty commercial insurance products. Financial terms were not disclosed. “By investing in AI-driven underwriting and servicing, we’re uncovering new and bigger opportunities every day. Our relationship with Allianz X will help us continue to build and advance in the micro-commercial space,” David McFarland, Coterie CEO and Founder.