Swyfft
Stage
Loan | AliveTotal Raised
$9MLast Raised
$1.5M | 4 yrs agoAbout Swyfft
Swyfft is a company that focuses on the insurance industry, specifically homeowners insurance. The company uses unique data sources and analytics to provide homeowners insurance quotes in a quick and efficient manner. Swyfft primarily serves the insurance industry. It is based in Morristown, New Jersey.
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Expert Collections containing Swyfft
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Swyfft is included in 2 Expert Collections, including Insurtech.
Insurtech
4,341 items
Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Fintech
9,228 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Swyfft Patents
Swyfft has filed 2 patents.
Application Date | Grant Date | Title | Related Topics | Status |
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8/15/2014 | Rotating disc computer storage media, Computer storage media, Storage media, Video game storage media, DVD | Application |
Application Date | 8/15/2014 |
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Grant Date | |
Title | |
Related Topics | Rotating disc computer storage media, Computer storage media, Storage media, Video game storage media, DVD |
Status | Application |
Latest Swyfft News
Jul 15, 2020
Mercury brings UBI program to Texas Mercury Insurance has launched its mobile-app usage-based insurance app, MercuryGO, in Texas. Developed using Cambridge Mobile Telematics ' DriveWell platform, the app provides skill scores that give real-time feedback about driving behavior. Enrollees receive a 5% participation discount initially; this can climb as high as 40% on renewal depending on their scores. Swyfft picks Bees360 for claims assistance Homeowners' insurtech Swyfft has signed Bees360's claims assist solution for handling wind and hail claims. Bees360 combines drones, AI, autonomous flight apps and licensed desk adjusters in its platform, allowing for an autonomous drone flight to capture roof images along with ground level elevation, while interior photos are taken with mobile devices. These are uploaded to the Bees Deep Neural Network (BDNN) which generates a damage assessment report. Bees360 then has its team of licensed desk adjusters review the damage assessment and complete the claims package to be returned to Swyfft for final review. Haven Life, Insuritas link up Haven Life , a digital life insurance agency backed and wholly owned by MassMutual , will partner with Insuritas to offer its no-medical exam policies to the latter's market of bank and credit union customers. Insuritas will use Haven Life's partner-hosted API solution to integrate term life insurance offers into existing user-facing workflows. New carriers sign on with Brokertech Ventures BrokerTech Ventures has added four new insurance partners: Cincinnati Insurance, RT Specialty, Amerisure and AmWINS Group. The organization provides networking and incubation to insurtech startups working in the brokerage space. Farmers Insurance builds business with Carpe Data Farmers Insurance has begun working with Carpe Data to help identify new opportunites for customers in its small business group. “By integrating new data elements from Carpe Data into our insurance programs for small businesses, we can better understand the challenges faced by business owners and identify options to address their commercial insurance needs," says Sharon Fernandez, president of Business Insurance for Farmers. Tags
Swyfft Frequently Asked Questions (FAQ)
Where is Swyfft's headquarters?
Swyfft's headquarters is located at 16 Washington Street, Morristown.
What is Swyfft's latest funding round?
Swyfft's latest funding round is Loan.
How much did Swyfft raise?
Swyfft raised a total of $9M.
Who are the investors of Swyfft?
Investors of Swyfft include Paycheck Protection Program.
Who are Swyfft's competitors?
Competitors of Swyfft include Hippo and 1 more.
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Compare Swyfft to Competitors
Kin is a company focused on providing affordable home insurance solutions within the insurance industry. The company offers a range of products including homeowners, mobile home, condo, flood, landlord, and hurricane insurance, all designed to protect customers' properties and interests in the event of disasters or other damages. Kin's insurance products are tailored to meet the needs of homeowners and property investors, offering customizable policies and direct purchasing options to keep costs down. Kin was formerly known as Bright Policy. It was founded in 2016 and is based in Chicago, Illinois.
Branch specializes in providing home and auto insurance services within the insurance industry. The company offers a process for customers to obtain insurance quotes and purchase policies online, with options for personalizing coverage and bundling insurance products for potential savings. It was founded in 2017 and is based in Columbus, Ohio.
Openly provides a homeowner insurance platform. It offers home insurance coverage to consumers through independent agents. Openly was founded in 2017 and is based in Boston, Massachusetts.
MSO, Inc., also known as The Mutual Service Office, specializes in providing advisory rate services and underwriting solutions within the insurance industry. The company offers policy form, rule, actuarial, and statistical services to insurers, focusing on creating comprehensive commercial and personal lines programs that are tailored to meet specific market needs. MSO primarily caters to small to mid-size insurers, offering customized rating systems and personalized service to accurately reflect commercial risks. It was founded in 1944 and is based in Glen Rock, New Jersey.
CSAA Insurance Group offers automobile, homeowners, and other personal lines of insurance to authentication, authorization, and accounting (AAA) Members through AAA clubs. Its MyPolicy platform enables one to manage policy online from a phone, desktop, or tablet. It helps consumers request a quote or file an insurance claim and find solutions to their problems, settle claims, prevent property loss, and manage their insurance preferences. The company was founded in 1914 and is based in Walnut Creek, California.
Bubble specializes in providing bundled home and life insurance solutions. They offer a range of insurance products including homeowners, life, and auto insurance, with a focus on using artificial intelligence (AI) to personalize and simplify the insurance shopping experience. Bubble primarily serves the real estate and mortgage industries, offering tools and services to streamline insurance processes for home buyers and homeowners. It was founded in 2020 and is based in Redding, California.
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