Swyfft
Stage
Loan | AliveTotal Raised
$9MLast Raised
$1.5M | 3 yrs agoAbout Swyfft
Swyfft uses patented analytical methods and unique data sources to more accurately assess the risks to users home and property. In most cases, this enables Swyfft to provide a premium quote in a few seconds using just an address, and it can usually offer a lower premium, too.
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Research containing Swyfft
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Swyfft in 1 CB Insights research brief, most recently on May 12, 2021.
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
4,090 items
Companies and startups that use of 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
7,985 items
US-based companies
Swyfft Patents
Swyfft has filed 2 patents.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
8/15/2014 | Rotating disc computer storage media, Computer storage media, Storage media, Video game storage media, DVD | Application |
Application Date | 8/15/2014 |
|---|---|
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.
Compare Swyfft to Competitors
Amwins (American Wholesale Insurance Group) is a wholesale distributor of specialty insurance products and services with expertise across a diversified mix of property, casualty, and group benefits products. Amwins also offers value-added services to support some of these products, including product development, underwriting, premium and claims administration, and actuarial services. Amwins operates in four divisions: Brokerage, Underwriting, Group Benefits, and International.
Branch, formerly Roundtable Media, aims to offer meaningful conversations through online discussions. As per the company, Branch enables a smart new brand of public discourse. Curated groups of people are invited to engage around issues in which they are knowledgeable. This service holds the promise of a new platform for dialogue on the web, a necessary departure from the monologues we have grown so accustomed to reading online. The company's Potluck (www.potluck.it) iPhone app has bite-sized facts made for iPhones and a place to talk about them with friends.
Branch is home and auto insurance that's simple to buy and built for savings. Branch removes all of the friction associated with getting covered, helping consumers bundle their home and auto with ease. Built as a reciprocal exchange, the Branch Insurance Exchange taps into the power of community to make insurance more accessible and affordable for everyone. Branch was founded in 2019 and is based in Columbus, Ohio.
Openly is a homeowner insurance platform. It offers home insurance coverage to consumers through independent agents. It was founded in 2017 and is based in Boston, Massachusetts.
Kin Insurance creates homeowners insurance for digital natives, providing a way to buy homeowners insurance in minutes on a phone without talking to anybody. Kin Insurance was formerly known as Bright Policy. The company was founded in 2016 and is based in Chicago, Illinois.
Hedvig provides insurance services. The company offers homeowners insurance services that includes home, accident, travel, and car insurance and more. It focuses on simplifying the way users report damage and receive compensation. Hedvig was founded in 2016 and is based in Stockholm, Sweden.
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