Layr's investment could be a game-changer for the insurance industry. It could make the process of obtaining insurance easier and more efficient for brokers and customers alike. However, it is unclear how much of an impact the technology will have in the long run. It could be a great success, or it could be a costly mistake. Only time will tell.
Estimated reading time: 0 minutes, 46 seconds
Layr Secures $10 Million Investment to Revolutionize Small Business Insurance with AI
"a man with a red umbrella disappears down senate house passage in cambridge uk"
Layr, a leading insurtech company, recently closed a $10 million round of financing led by Cota Capital. The K Fund, HSCM Ventures, Sandbox Industries, and Flyover Capital also participated in the round. The company will use the funds to expand its go-to-market operations and bolster Layr's platform functionality for brokers. Layr's cloud-based tools and services are designed to increase broker profitability and customer satisfaction in small business insurance operations. According to the source, GlobeNewswire, Layr is revolutionizing the insurance market by providing brokers with a digital platform to streamline operations from quote to claim.
Latest from News
- Cramer Reveals How Small Businesses Can Leverage New Technology for Success
- Discover the Latest Trends in Home and Small Business Security Systems
- Unlock the Benefits of Cloud Computing for Your Small Business
- 3 Proven Ways to Use In-House Technology to Grow Your Business
- Zapata Marketing Group to Help Small Businesses Reach New Heights
Most Read
-
-
Sep 08 2011
-
Written by Editor
ADP®, a leading provider of human resource outsourcing, payroll services,…
-
-
-
Jun 18 2013
-
Written by News
NETGEAR®, Inc. has shipped the NETGEARProSAFE(TM) Single-Band Wireless-N Access Point…
-
-
-
Feb 08 2012
-
Written by SBN Editors
If you own a business, you should get fleet vehicles.…
-
-
-
Nov 14 2012
-
Written by SBN Editors
Today we are going to focus on a few of…
-