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Atlanta Group CIO on digitizing insurance broker services
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(Image sourced via Atlanta Group )
In the now long-forgotten era known as pre-internet, home and car insurance customers visited or called an insurance broker. The broker had access to a range of insurance service providers and could get the best deal. Today, insurance aggregators and their love them or hate them advertisements have largely taken on this role.
So what of insurance brokers? As is typical in the internet and business story, the most successful brokers have moved upmarket, offering services that are less vanilla than insuring a distinctly average car or home. Brokers today provide the specialist insurance motorcycle riders, sports car drivers, businesses, and caravaners require.
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Portainer seals a successful US$6M series A funding round
US-based Bessemer joined by local VCs Movac, K1W1 and Ampliphi.
Neil Cresswell (Portainer.io) Credit: Supplied
New Zealand founded container management software developer Portainer.io has followed its seed funding round last August with a successful series A round of US$6 million.
As with the seed round, the series A was led by Bessemer Venture Partners this time joined by joined by leading New Zealand technology investors Movac and Sir Stephen Tindall’s K1W1 and Ampliphi Ventures as well as prominent European investor Sonae Investment Management.
The round was led by Bessemer Venture Partners, with participation from Sonae Investment Management and Movac.
The company intends to use the funds for worldwide user expansion and product development, including scaling its enterprise offering, Portainer Business, which launched in December 2020.
Launched in 2017 as an open source tool for managing containers in the Docker Swarm environment and led by Neil Cresswell, CEO, Portainer.io’s open source Community Edition has grown to become a universal container management tool with a powerful Kubernetes GUI, in addition to supporting Docker, Docker Swarm, and Azure ACI, while Portainer Business offers enterprise-level security and control for deploying containers in business-critical environments.