Cover Genius buys Clyde, partnerships in life insurance: Roundup
March 21, 2023 1:36 PM
Cover Genius, an embedded insurance platform provider; has acquired Clyde in an all-insurtech deal. The acquiring company says its goal is to leverage Clyde's assets to expand into the midsize e-commerce segment; Clyde provides embedded warranties for companies including Skullcandy, Movado, Dyson, Shark Ninja, Rugs.com, Tuft and Needle and Lull Mattress. Cover Genius clients include Amazon, eBay and Wayfair.
Symetra Life has entered a distribution partnership with Modern Life, a digital brokerage. Permanent and term life products are available through the channel. "As we strive to meet today's customers where they are, our partnership with Modern Life expands our ability to offer valuable life insurance solutions to insurance professional and their clients," said Phil Bouvier, Senior Vice President, Individual Life Sales & Marketing, Symetra.
VIU by HUB has partnered with Fetch Pet Insurance to launch pet coverage on the VIU online brokerage. "VIU's partnership with Fetch enables us to deliver the same level of confidence in coverage to pet parents as we do to those seeking home and auto policies," said Bryan Davis, EVP and Head of VIU, in a statement.
Sun Life U.S. has launched a new digital wellness program for mental health. AbleTo Self Care+ provides tailored content and activities to help users reach wellness goals. "We are committed to broadening access to more benefits and services with virtual programs that meet people where they are," said David Healy, senior vice president, Group Benefits, Sun Life U.S. "Self Care+ allows us to support our members and their families beyond the claim process, in their day-to-day lives. After the strong interest we've seen in AbleTo's behavioral health program as part our disability services, I'm thrilled to offer another AbleTo support program to our clients."