San Francisco based excess and surplus (E&S) insurance platform raised $30m in Series A funding led by Caffeinated Capital.
“More and more business has been conducted through the E&S market in recent years, yet it’s one of the key segments of commercial insurance that has not been effectively digitized in any meaningful way. Carriers and agents are desperate for a better way to conduct business. Pathpoint gives retail agents what they’ve long deserved: a fast and transparent way to access, bind, and service E&S products online. I feel privileged that we have the capital and carrier support to bring digital distribution to this market,” said Alex Bargmann, co-Founder and CEO.