New York City based commercial insurance application and renewal workflow automation startup has raised $4.5m of Series A capital from Vertex Ventures.
“The product transforms an outdated way of doing business that has long been frustrating and slow-moving for brokers and their clients,” said Broker Buddha CEO Jason Keck. “It frees up valuable time so agents can focus on what they love doing — taking care of their clients.” The systems allows new customers to complete applications online through the agency website, while letting returning clients update forms pre-filled with the prior year’s information. Customers can then sign forms electronically online.
https://www.insurancejournal.com/news/national/2019/09/17/540213.htm