Press - Covr Financial Technologies
Press
The Fallacy of Separating Insurance from Financial Planning
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
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 …
Hartford insurtechs among 2019 VentureClash semifinalists
July 18, 2019
Nearly three dozen startups, including two based in downtown Hartford, have been selected as semifinalists for Connecticut Innovations’ (CI) $5 million VentureClash 2019 challenge, the quasi-public agency said.
Covr Financial Technologies launches industry-leading Long-Term Care comparative tool for financial advisors
March 14, 2019
Insurance startups have raised billions as industry players fight tech disruptors
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.
September 25, 2018
Covr Financial Technologies launches Covr Insights – a complete policy management system to track, analyze, and manage life insurance business.
July 11, 2018
Cetera Financial Institutions Integrates Web-Based Insurance Portal with Leading Financial Planning Software to Support Advice-Centric Experience Model
April 27, 2018
Covr Financial Technologies appoints Chris Growney to Board of Directors; Gregory Fleming and Robert Kerzner, join Covr’s Advisory Board
April 26, 2018
Covr Financial Technologies announces Michael Kalen as Chief Executive Officer
March 19, 2018
Covr Recognized as a Top 50 Life and Annuity Technology Provider
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
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
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
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
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
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
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
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
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
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 …
E*TRADE Launches Digital-First Life Insurance Offering
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
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
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
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
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
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
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
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
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
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 …
The Evolution of Life Insurance in the Time of COVID-19
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
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
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
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
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
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
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
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
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
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.