Press - Covr Financial Technologies

Press

[E*TRADE Launches Digital-First Life Insurance Offering](/content/etrade-launches-digital-first-life-insurance-offering/ "E*TRADE Launches Digital-First Life Insurance Offering"/index.html)

October 28, 2021

E*TRADE joins forces with Covr to offer life insurance in as little as 15 minutes and many times without a medical exam While nearly one […]

[Digital Insurance Roundup](/content/digital-insurance-roundup/ "Digital Insurance Roundup"/index.html)

January 15, 2021

Covr Financial Technologies, Americo Financial Life and Annuity Insurance Company, and global reinsurer SCOR announce the launch of LoanMatch Protector, a life insurance policy customized […]

[Covr, Americo And SCOR Launch Life Insurance Product Aligned With The Home Loan Process](/content/covr-americo-and-scor-launch-life-insurance-product-aligned-with-the-home-loan-process/ "Covr, Americo And SCOR Launch Life Insurance Product Aligned With The Home Loan Process"/index.html)

January 15, 2021

Covr Financial Technologies, Americo Life, Inc. and SCOR launched the LoanMatch Protector product. This is a first-of-its-kind life insurance policy that is customized to a consumer’s specific […]

[Covr Announces Industry-Leading New Digital Insurance Platform](/content/covr-announces-industry-leading-new-digital-insurance-platform/ "Covr Announces Industry-Leading New Digital Insurance Platform"/index.html)

December 1, 2020

Insurance simplified for Americans looking for online insurance solutions from trusted financial brands HARTFORD, Conn., Dec. 1, 2020 /PRNewswire/ — Covr Financial Technologies today announced a sweeping […]

[Covr Financial Technologies Announces New Head of Direct Distribution](/content/covr-financial-technologies-announces-new-head-of-direct-distribution/ "Covr Financial Technologies Announces New Head of Direct Distribution"/index.html)

October 7, 2020

Covr Strengthens Consumer Platform Capabilities with Hire of Todd Ewing HARTFORD, Conn., Sept. 23, 2020 /PRNewswire/ — Covr Financial Technologies (Covr) continues to see significant growth in its consumer […]

[Covid-19 Catalyzed Advisor Insurance Planning On This Digital Platform](/content/covid-19-catalyzed-advisor-insurance-planning-on-this-digital-platform/ "Covid-19 Catalyzed Advisor Insurance Planning On This Digital Platform"/index.html)

July 29, 2020

As more advisors and consumers turn to online and virtual settings to offer and receive advice, they’re accelerating the insurance industry’s digitization, according to the […]

[Covr Financial Technologies Raises $7.5M with Investments from Connecticut Innovations, Fairview Capital and Aflac Ventures](/content/covr-financial-technologies-raises-7-5m-with-investments-from-connecticut-innovations-fairview-capital-and-aflac-ventures/ "Covr Financial Technologies Raises $7.5M with Investments from Connecticut Innovations, Fairview Capital and Aflac Ventures"/index.html)

July 28, 2020

Capital raise helps accelerate digital innovation in life insurance simplification Hartford, CT (July 28, 2020) – Covr Financial Technologies (Covr) announces an additional round of […]

[Technology Touching ‘Every Aspect’ Of Insurance In Pandemic](/content/technology-touching-every-aspect-of-insurance-in-pandemic/ "Technology Touching ‘Every Aspect’ Of Insurance In Pandemic"/index.html)

June 23, 2020

Insurers and everyone along the distribution chain have long anticipated the impending technology infusion that would transform the delivery of life insurance and related products […]

[Coronavirus boosts insurance demand, creating a tailwind for fintech](/content/coronavirus-boosts-insurance-demand-creating-a-tailwind-for-fintech/ "Coronavirus boosts insurance demand, creating a tailwind for fintech"/index.html)

June 18, 2020

The coronavirus pandemic and resulting market volatility has financial advisors rethinking the role insurance plays in client portfolios. “There absolutely has been a significant uptick” […]

[Customizing Long-term Care](/content/customizing-long-term-care/ "Customizing Long-term Care"/index.html)

May 28, 2020

Focus on clients, not statistics. by Jim Gothers When it comes to long-term care solutions, statistics are scary, and too many options can confuse financial […]

[Covr Recognized as a Top 50 Life and Annuity Technology Provider](/content/covr-recognized-as-top-50-life-and-annuity-technology-provider/ "Covr Recognized as a Top 50 Life and Annuity Technology Provider"/index.html)

December 11, 2024

Covr Financial Technologies Recognized by the Everest Group, Amongst Other Leading Providers, for Technology Innovation in Life Insurance HARTFORD, Conn., Dec. 11, 2024 /PRNewswire/ — Covr Financial […]

[Allstate Financial Services Selects Covr to Provide Life Insurance, Long-Term Care, and Disability Insurance Solutions](/content/covrs-digitally-enabled-insurance-platform-will-simplify-the-buying-process/ "Allstate Financial Services Selects Covr to Provide Life Insurance, Long-Term Care, and Disability Insurance Solutions"/index.html)

November 14, 2024

Covr’s Digitally Enabled Insurance Platform Will Simplify the Buying Process HARTFORD, Conn., Nov. 14, 2024 /PRNewswire/– Covr, a leading digital insurance provider, has partnered with Allstate Financial […]

[Covr Unveils Its Third Generation Insurance Software](/content/covr-unveils-its-third-generation-insurance-software/ "Covr Unveils Its Third Generation Insurance Software"/index.html)

October 11, 2024

The Most Advanced Platform for Simplifying Insurance for Financial Professionals HARTFORD, Conn., Oct. 10, 2024 /PRNewswire/ — Covr Financial Technologies, a leading digital insurance provider, announced this week […]

[Covr Financial Technologies Hosts Economic Growth Event](/content/covr-financial-technologies-hosts-economic-growth-event/ "Covr Financial Technologies Hosts Economic Growth Event"/index.html)

January 25, 2024

Connecticut-Based Investment Group and State Officials Visits Hartford Location HARTFORD, Conn., Jan. 25, 2024 /PRNewswire/ — Covr Financial Technologies, a leader in insurance technology, hosted a gathering […]

[Not Your Parent’s Long Term Care: Using Modern Long Term Care Insurance to Protect Customer Assets](/content/not-your-parents-long-term-care-using-modern-long-term-care-insurance-to-protect-customer-assets/ "Not Your Parent’s Long Term Care: Using Modern Long Term Care Insurance to Protect Customer Assets"/index.html)

March 24, 2023

Protecting hard-earned assets. That’s at the heart of every modern long term care (LTC) policy. Funding home care assisted living or nursing home care can […]

[Michael Kalen Joins Board of Trustees of the Connecticut Science Center](/content/michael-kalen-joins-board-of-trustees-of-the-connecticut-science-center/ "Michael Kalen Joins Board of Trustees of the Connecticut Science Center"/index.html)

February 7, 2023

Covr’s CEO Shares Innovation Vision with Largest Innovation Center in Connecticut HARTFORD, Conn., Feb. 6, 2023 /PRNewswire/ — The Connecticut Science Center announced the addition of six new […]

[Covr Partners with Smart Choice to Bring Digital Insurance Solutions to 9,500 Agencies](/content/covr-partners-with-smart-choice-to-bring-digital-insurance-solutions-to-9500-agencies/ "Covr Partners with Smart Choice to Bring Digital Insurance Solutions to 9,500 Agencies"/index.html)

January 30, 2023

Covr Financial Technologies has partnered with Smart Choice to bring its digital insurance platform for independent agents, Covr Pro, to 9,500 Smart Choice agencies, allowing […]

[Citi Selects Covr to Simplify Life Insurance Process for U.S. Consumer Wealth Management Business](/content/citi-selects-covr-to-simplify-life-insurance-process-for-u-s-consumer-wealth-management-business/ "Citi Selects Covr to Simplify Life Insurance Process for U.S. Consumer Wealth Management Business"/index.html)

September 22, 2022

NEW YORK, Sept. 22, 2022 /PRNewswire/ — Covr Financial Technologies (Covr) is collaborating with Citi to help its U.S. financial advisors and clients more effectively integrate life insurance and long-term […]

[Covr Pro Brings an Industry-Leading Digital Insurance Platform to Independent Financial Advisors](/content/covr-pro-brings-an-industry-leading-digital-insurance-platform-to-independent-financial-advisors/ "Covr Pro Brings an Industry-Leading Digital Insurance Platform to Independent Financial Advisors"/index.html)

August 25, 2022

HARTFORD, Conn., Aug. 25, 2022 /PRNewswire/ — Covr Financial Technologies (Covr) has launched Covr Pro (CovrPro.com), bringing its industry-leading digital insurance platform to independent financial advisors. Originally […]

[Covr Completes $15m Series B Fundraising Round](/content/covr-completes-15m-series-b-fundraising-round/ "Covr Completes $15m Series B Fundraising Round"/index.html)

April 7, 2022

HARTFORD, Conn., April 7, 2022 /PRNewswire/ — Covr Financial Technologies (Covr), a leading digital life insurance platform, has completed its Series B fundraising round including new investor Stone Point Ventures, and […]

October 28, 2021

E*TRADE joins forces with Covr to offer life insurance in as little as 15 minutes and many times without a medical exam While nearly one […]

[Digital Insurance Roundup](/content/digital-insurance-roundup/ "Digital Insurance Roundup"/index.html)

January 15, 2021

January 15, 2021

December 1, 2020

October 7, 2020

July 29, 2020

July 28, 2020

June 23, 2020

June 18, 2020

[Customizing Long-term Care](/content/customizing-long-term-care/ "Customizing Long-term Care"/index.html)

May 28, 2020

[The Evolution of Life Insurance in the Time of COVID-19](/content/the-evolution-of-life-insurance-in-the-time-of-covid-19/ "The Evolution of Life Insurance in the Time of COVID-19"/index.html)

May 28, 2020

Covr is well equipped to help insurance providers adapt. by Mike Furgiuele While the current situation surrounding the coronavirus is challenging for all of us, […]

[COVID-19 Puts Gaps in Life and Annuity Shelves](/content/covid-19-puts-gaps-in-life-and-annuity-shelves/ "COVID-19 Puts Gaps in Life and Annuity Shelves"/index.html)

May 20, 2020

A life and annuity distribution veteran says advisors can still match most clients with products. The Wall Street Journal recently ran a prominent article about COVID-19, low […]

[Covr Financial Technologies Adds Leading Life Insurance Innovator Haven Life to Its Platform](/content/covr-financial-technologies-adds-leading-life-insurance-innovator-haven-life-to-its-platform/ "Covr Financial Technologies Adds Leading Life Insurance Innovator Haven Life to Its Platform"/index.html)

March 2, 2020

HARTFORD, Conn., Feb. 26, 2020 /PRNewswire/ — Covr Financial Technologies (Covr) and Haven Life, the customer-centric life insurance agency backed and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual), […]

[Covr Financial Technologies Announces New Head of Sales](/content/covr-financial-technologies-announces-new-head-of-sales/ "Covr Financial Technologies Announces New Head of Sales"/index.html)

January 23, 2020

HARTFORD, Conn., Jan. 22, 2020 /PRNewswire/ — Covr Financial Technologies announced that Jim Gothers has been appointed as Head of National Sales for its financial institution business, supporting banks, brokerage firms, wealth […]

[Covr Blog: IRA Legacy Planning](/content/ira-legacy-planning/ "Covr Blog: IRA Legacy Planning"/index.html)

January 16, 2020

RMDs & life insurance can help achieve wealth transfer goals It’s common for financial advisors to work with clients who have wealth transfer goals, whether […]

[Covr Financial Technologies Integration Expands RetireOne’s Life, Long-Term Care and Disability Insurance Offerings](/content/covr-financial-technologies-integration-expands-retireones-life-long-term-care-and-disability-insurance-offerings/ "Covr Financial Technologies Integration Expands RetireOne’s Life, Long-Term Care and Disability Insurance Offerings"/index.html)

November 6, 2019

SAN FRANCISCO, Nov. 6, 2019 /PRNewswire/ — A new partnership with Covr Financial Technologies fills out the RetireOne platform of insurance solutions for Registered Investment […]

[Advanced Insurance Planning – 3 Key Concepts](/content/advanced-insurance-planning-3-key-concepts/ "Advanced Insurance Planning – 3 Key Concepts"/index.html)

November 5, 2019

Between now the end of the year, we’ll be focusing on three key concepts of advanced insurance planning. These are widely applicable, straightforward concepts that […]

[Covr Financial Technologies Announces the Next Generation of its Technology-Enabled Life Insurance Platform](/content/covr-financial-technologies-announces-the-next-generation-of-its-technology-enabled-life-insurance-platform/ "Covr Financial Technologies Announces the Next Generation of its Technology-Enabled Life Insurance Platform"/index.html)

September 25, 2019

Covr Financial Technologies Announces the Next Generation of its Technology-Enabled Life Insurance Platform HARTFORD, Conn., Sept. 25, 2019 /PRNewswire/ — Covr Financial Technologies announces an […]

[American families can save on “stacking” life insurance options via online solution from Legal & General America and Covr Financial Technologies](/content/american-families-can-save-on-stacking-life-insurance-options-via-online-solution-from-legal-general-america-and-covr-financial-technologies/ "American families can save on “stacking” life insurance options via online solution from Legal & General America and Covr Financial Technologies"/index.html)

September 20, 2019

– LGA’s OPTerm series and term riders will be available to financial advisors and their customers through Covr’s online platform – Partnership provides simplified, online […]

[Covr Financial Technologies and Envestnet MoneyGuide Expand MoneyGuideElite Collaboration for Financial Advisors](/content/covr-financial-technologies-and-envestnet-moneyguide-expand-moneyguideelite-collaboration-for-financial-advisors/ "Covr Financial Technologies and Envestnet MoneyGuide Expand MoneyGuideElite Collaboration for Financial Advisors"/index.html)

August 27, 2019

The newest version of MoneyGuide integrated into Covr’s digital insurance platform provides the ability for financial advisors to dynamically plan for clients’ changing life insurance needs over time.

[The Fallacy of Separating Insurance from Financial Planning](/content/the-fallacy-of-segregating-insurance-from-financial-planning/ "The Fallacy of Separating Insurance from Financial Planning"/index.html)

August 21, 2019

Covr Financial Technologies: Creating a more positive experience when discussing life insurance with financial advising clients.

[With Hartford insurance vet at helm, insurtech Covr sees major hiring, fundraising opportunities downtown](/content/with-hartford-insurance-vet-at-helm-insurtech-covr-sees-major-hiring-fundraising-opportunities-downtown/ "With Hartford insurance vet at helm, insurtech Covr sees major hiring, fundraising opportunities downtown"/index.html)

July 18, 2019

Covr Financial Technologies may be new to Hartford, but its chief executive has long been a fixture of downtown’s growing insurance-technology ecosystem. In January, the digital life insurance …

[Covr Financial Technologies launches industry-leading Long-Term Care comparative tool for financial advisors](/content/covr-financial-technologies-launches-industry-leading-long-term-care-comparative-tool-for-financial-advisors/ "Covr Financial Technologies launches industry-leading Long-Term Care comparative tool for financial advisors"/index.html)

March 14, 2019

[Insurance startups have raised billions as industry players fight tech disruptors](/content/insurance-startups-raised-billions-industry-players-fight-tech-disruptors/ "Insurance startups have raised billions as industry players fight tech disruptors"/index.html)

September 27, 2018

[Covr Financial Technologies raises $10MM Series A from leading technology venture firms including Allianz Life Ventures, Nyca Partners, Commerce Ventures, Contour Venture Partners and Connectivity Capital Partners.](/content/covr-raises-10mm-series-a/ "Covr Financial Technologies raises $10MM Series A from leading technology venture firms including Allianz Life Ventures, Nyca Partners, Commerce Ventures, Contour Venture Partners and Connectivity Capital Partners."/index.html)

September 25, 2018

[Covr Financial Technologies launches Covr Insights – a complete policy management system to track, analyze, and manage life insurance business.](/content/covr-launches-covr-insights/ "Covr Financial Technologies launches Covr Insights – a complete policy management system to track, analyze, and manage life insurance business."/index.html)

July 11, 2018

[Cetera Financial Institutions Integrates Web-Based Insurance Portal with Leading Financial Planning Software to Support Advice-Centric Experience Model](/content/cetera-financial-institutions-integrates-web-based-insurance-portal-leading-financial-planning-software-support-advice-centric-experience-model/ "Cetera Financial Institutions Integrates Web-Based Insurance Portal with Leading Financial Planning Software to Support Advice-Centric Experience Model"/index.html)

April 27, 2018

[Covr Financial Technologies appoints Chris Growney to Board of Directors; Gregory Fleming and Robert Kerzner, join Covr’s Advisory Board](/content/covr-appoints-chris-growney-to-board-of-directors-gregory-fleming-and-bob-kerzner-join-covr-advisory-board/ "Covr Financial Technologies appoints Chris Growney to Board of Directors; Gregory Fleming and Robert Kerzner, join Covr’s Advisory Board"/index.html)

April 26, 2018

[Covr Financial Technologies announces Michael Kalen as Chief Executive Officer](/content/covr-announces-michael-kalen-ceo/ "Covr Financial Technologies announces Michael Kalen as Chief Executive Officer"/index.html)

March 19, 2018

[Covr Financial Raises $5 Million From Four Leading Venture Capital Firms](/content/covr-raises-5-million/ "Covr Financial Raises $5 Million From Four Leading Venture Capital Firms"/index.html)

June 14, 2017

[BBVA Compass Insurance Agency and Covr Open One-Stop Digital Insurance Shop](/content/bbva-compass-insurance-agency-and-covr-open-one-stop-digital-insurance-shop/ "BBVA Compass Insurance Agency and Covr Open One-Stop Digital Insurance Shop"/index.html)

April 6, 2017

[Life Insurers Draw on Data, Not Blood](/content/wsj-draw-on-data-not-blood/ "Life Insurers Draw on Data, Not Blood"/index.html)

January 12, 2017

[PIEtech, Inc. and Covr Financial Technologies Collaborate to Streamline the Implementation of Insurance in MoneyGuidePro](/content/pietech-inc-and-covr-financial-technologies-collaborate/ "PIEtech, Inc. and Covr Financial Technologies Collaborate to Streamline the Implementation of Insurance in MoneyGuidePro"/index.html)

November 3, 2016