Companion Protect is a national B2B2C pet insurance and pet wellness programadministrator that leverages its innovative PALS ® platform to provide insurers and pet owners with a seamless , user-friendly pet insurance and wellness experience . The proceeds from this financing will fuel product and partner expansion , along with digital innovation in claims processing to enhance the customer experience . •
INDUSTRY NEWS
KANSAS MARKETPLACE HEADLINES
KAIA WINS BIG I EDUC . AWARD
KAIA is honored to have received the Diamond Elite Excellence in Education award at the 2023 IIABA Fall Leadership Conference . We ’ re committed to continuous learning and growth , and this recognition fuels our passion for excellence !
FEE INSURANCE AGAIN NAMED A “ BEST PLACE TO WORK ”
KAIA member agency , Fee Insurance Group , headquartered in Hutchinson , announced it has been named to Business Insurance ’ s annual list of Best Places to Work in Insurance . This is the second consecutive time the company has been recognized for this elite honor .
The designation is awarded based on the anonymous feedback of insurance company employees , as well as an employer questionnaire about company benefit programs , policies , and practices .
“ We believe we are nothing without our team . It takes us all working together to keep our company running smoothly ,” said Bob Fee , agency principal .
IRON INSURANCE OPENS NEW OFFICE LOCATION
Salina-based Iron Insurance recently announced that the agency has added South Hutchinson ’ s Bergkamp Insurance Center to the fold .
Iron Insurance Partners said Bergkamp Insurance Center ’ s trucking industry-specific track record — a sector where Iron Insurance did not have prior experience — stood out to the firm as a valuable component to add as it works to diversify its business .
“ We are thrilled to join forces with Bergkamp Insurance Center , a respected and trusted partner in central Kansas ,” Iron Insurance Partners CEO Shawn Myers said in a news release . “ Bergkamp ’ s knowledge in the trucking industry will leverage our expertise and experience to deliver innovative and customized insurance solutions that meet the needs of our clients .
GOODMAN JOINS WAYPOINT INS .
Josh Goodman , CPCU , who served for over two years as the Vice President of Business Development for KAIA , has joined Waypoint Insurance to launch their Midwest operations in Overland Park .
DEPARTMENT RETURNS FUNDS TO GROUP-FUNDED POOLS
Kansas Insurance Commissioner Vicki Schmidt announced the Kansas Insurance Department ( KID ) introduced and successfully lobbied for the passage of legislation ( SB 28 ) to eliminate the department ’ s assessment on pools .
COMPANION PROTECT RAISES $ 27M
Companion Protect ®, a Kansas City-based pet insurance and pet wellness administration company , today announced it has raised $ 27 million in its Series A financing round from a group of experienced FinTech and strategic investors led by Avanta Ventures , Liberty Mutual Insurance , Old Republic International Corporation , as well as Stray Dog Enterprises .
Companion Protect is a national B2B2C pet insurance and pet wellness programadministrator that leverages its innovative PALS ® platform to provide insurers and pet owners with a seamless , user-friendly pet insurance and wellness experience . The proceeds from this financing will fuel product and partner expansion , along with digital innovation in claims processing to enhance the customer experience . •
SEPTEMBER / OCTOBER 2023
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