Insurtech Joyn Insurance Announces $17.7 Million in Series A Funding Led by OMERS Ventures – InsuranceNewsNet
“This funding will allow us to further build and expand so we can continue providing a best-in-class insurance experience in the market,” Macia continued. “Many brokers are already seeing that we can deliver on what we were built to do, and with our broad E&S appetite for small to mid-sized property and general liability risks, we look forward to adding more trading partner relationships in the near future.”
“We are thrilled to have such world class partners on board as we continue showing our growing number of brokers and customers what a technology-powered, joyful insurance experience in the E&S market can look like,” said Macia.
“We invested in Joyn because we saw the results that they are already delivering and the tremendous potential for their future growth in the super-hot E&S space,” said
“Despite a high bar for admitted products, the E&S quote and bind experience at many companies is still largely done by pen and paper, and the brokers we talked to have been stunned at how Joyn addresses these longstanding inefficiencies,” Wechsler continued. “We couldn’t be more proud to back this world-class team as they disrupt the fastest growing sector of commercial insurance.”
The new funding, which brings the company’s total raised to more than
For more information, or to learn more, visit https://www.joyninsurance.com/.