Short description
Multi-carrier, digital life insurance platform that is white-labeled and distributed through financial institutions
Description
About Covr Financial Technologies
Founded in 2016, Covr offers a full suite of digital life insurance platforms, tools and planning services for financial institutions, including: Covr Advisor for financial advisors, Covr Consumer for offering insurance products directly to customers financial institutions and Covr Insights for inforce policy management. Covr currently serves over 24,000 financial advisors and 13 million customers across 30 financial institutions including wealth management firms, RIAs, IBDs, banks, credit unions, personal finance apps and P&C agencies.
Covr’s investors include leading venture capital firms: Nyca Partners, Commerce Ventures, Allianz Life Ventures, Connectivity Capital Partners, Contour Venture Partners, Connecticut Innovations and Fairview Capital. Covr’s Advisory Board includes financial services leaders including Brian Finn, former president of Credit Suisse First Boston; Sallie Krawcheck, CEO of Elevest and formerly at Citigroup and Smith Barney; Hans Morris, managing partner, Nyca Partners, chairman of Lending Club, formerly president of Visa; Brady Dougan, former CEO of Credit Suisse; Gregg Fleming, CEO of Rockefeller Capital, Bob Kerzner, formerly CEO of LIMRA and Joe Plumeri, formerly of Smith Barney, FirstData and Willis Group.
Last funding
No Way
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Total funding
$$2020202
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Location
Hartford, Connecticut, United States, North America
Founded on
January 15, 2016
Non-profit?
No
Acquired?
No
Employees count
101-250
Revenue range
$7890 - 12340
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Investors
Cannot Access, Noaccessforu, No Way, Absolutely Noaccess, Noaccess, No Way, Nopepepe, Noway Youcantaccess, Cannot Access, Nopepepe, Noaccess, Cannot Access, Uh Ohhhh
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Founders
__ __, Michael Kalen, Todd Ruplinger