{"id":892,"date":"2022-09-25T10:40:02","date_gmt":"2022-09-25T14:40:02","guid":{"rendered":"https:\/\/www.wikifri.com\/?p=892"},"modified":"2022-09-25T10:40:02","modified_gmt":"2022-09-25T14:40:02","slug":"3-things-pie-raise-coalition-crowdstrike-itc-2022","status":"publish","type":"post","link":"https:\/\/www.wikifri.com\/3-things-pie-raise-coalition-crowdstrike-itc-2022\/","title":{"rendered":"3 Things – Pie Raise, Coalition\/Crowdstrike & ITC 2022"},"content":{"rendered":"

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Hello Friends!\u00a0 ITC was a great success and most of all it was good to have human connection again with all of you who attended.\u00a0 The conference provided many learnings while the industry continued along.\u00a0 This week we are following the largest capital raise of 2022, Coalition embedding security software and final thoughts from ITC:<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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Largest “Insurtech” Raise in 2022\u00a0<\/strong><\/p>\n

Pie Insurance closed a Series D<\/a> funding round this week totaling $315M, the largest insurtech funding round so far in 2022.\u00a0 As we know, the trend had been that investment was slowing down.\u00a0 Not only is this a welcome capital infusion but also a confidence boost to the Pie founders. They are yet another example of taking a methodical approach using good fundamentals to build a valuable insurance business; focusing on a niche and under-addressed market with their products.\u00a0 Their strategy is sound and having adequate capital will allow them to continue to power their growth.<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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Coalition Partners with Crowdstrike<\/strong><\/p>\n

Cyber insurer Coalition announced a partnership<\/a> with cyber-security software maker Crowdstrike.\u00a0 Coalition’s 160,000 cyber policy policy holders will have a free trail to Crowdstrike’s Falcon cyber protection software.\u00a0 The announcement came at Crowdstrike’s user conference, fal.con just down the Las Vegas strip from ITC.\u00a0 This appeared to go largely unnoticed by the insurance industry but the timing must not be coincidental.\u00a0 We noticed other cyber security firms among the exhibitors at ITC 2022.\u00a0 Cyber insurers can explore bundling their coverage with protection tools as a way to manage risk while also leveraging their customers as a captive audience for the tool vendors.<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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Final Thoughts From ITC 2022<\/strong><\/p>\n

ITC was back and remains the primary gathering for the industry.\u00a0 There seems to be no slowdown in the proliferation of insurtech solutions.\u00a0 In fact, the exhibit hall was packed again and we lost count of all of the property data providers and artificial intelligence solutions.\u00a0 That may be an area to watch in the future for winners and losers.\u00a0 The whole insurtech space shows signs of maturing not slowdown. We could not attend all of the sessions but learned the most from this presentation<\/a>about the evolving agency distribution model as distribution.<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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Thank you for following us, we appreciate your feedback and continued support.\u00a0 Stay tuned for more info to come.\u00a0 Until next time… stay safe, stay productive!<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Hello Friends!\u00a0 ITC was a great success and most of all it was good<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"\n3 Things - Pie Raise, Coalition\/Crowdstrike & ITC 2022 - Wikifri<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wikifri.com\/3-things-pie-raise-coalition-crowdstrike-itc-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3 Things - Pie Raise, Coalition\/Crowdstrike & ITC 2022 - Wikifri\" \/>\n<meta property=\"og:description\" content=\"Hello Friends!\u00a0 ITC was a great success and most of all it was good\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wikifri.com\/3-things-pie-raise-coalition-crowdstrike-itc-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"Wikifri\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-25T14:40:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wikifri.com\/wp-content\/uploads\/2021\/04\/Three-Things-300x157.png\" \/>\n<meta name=\"author\" content=\"Nick Coenen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nick Coenen\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.wikifri.com\/3-things-pie-raise-coalition-crowdstrike-itc-2022\/\",\"url\":\"https:\/\/www.wikifri.com\/3-things-pie-raise-coalition-crowdstrike-itc-2022\/\",\"name\":\"3 Things - 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