ManchesterStory

ManchesterStory Group is a venture capital firm based in West Des Moines, Iowa, established in 2016 by Dave Miles and Matt Kinley. The firm specializes in investing in early-to-growth stage companies within the InsurTech, FinTech, and HealthTech sectors. As a Registered Investment Adviser, ManchesterStory Group focuses on identifying innovative startups and established companies that are poised for significant growth, aiming to provide strategic support and capital to enhance their development and market presence.

Mike Finnegan

Director of Research

Mads Jensen

Senior Associate

Matt Kinley

Co-Founder and Managing Partner

David Miles

Founding Partner

Past deals in Insurance

COVU

Series A in 2024
COVU is a provider of insurance brokerage services focused on independent agencies and their customers, aiming to enhance risk management through personalized, transparent solutions. Founded by a team of experts from the insurance, finance, and technology sectors, COVU employs a holistic approach to help agencies thrive by managing the operational aspects of insurance. The company utilizes a unique blend of artificial intelligence, human intelligence, and real-time service to deliver a superior customer experience. COVU’s data-driven and comprehensive services enable individuals to accurately identify and evaluate risks, ensuring that both everyday consumers and growth-oriented insurance professionals can manage their insurance needs more effectively.

Wisedocs

Series A in 2024
Wisedocs provides a machine-learning software platform designed for insurance, legal, and independent medical evaluation firms to streamline the review of medical records. The platform addresses the challenges associated with unstructured medical data, catering to industries such as auto, liability, disability, workers' compensation, and tort law. By automating tasks like indexing and duplication detection, Wisedocs enhances the efficiency of document processing workflows, leading to improved accuracy and faster outcomes for clients. Its solution is designed for easy integration, allowing firms to simplify their back-office operations and reduce error rates in managing medical records.

Goose Insurance Services

Series A in 2023
Goose Insurance Services Inc. is a Vancouver-based company that specializes in travel medical insurance through its innovative mobile application, launched in 2017. The app allows users to select from single-day or multi-day travel policies and provides essential features such as reminders when approaching airports or borders and an in-app emergency service locator. Additionally, Goose Insurance aims to simplify the insurance purchasing process by offering a range of affordable products, including life, critical illness, income protection, smartphone, renters, and pet insurance. As a direct-to-consumer managing general agency and underwriter, Goose focuses on reaching underserved consumers with a user-friendly platform that promotes self-service for various insurance needs.

Betterview

Venture Round in 2023
Betterview is a property intelligence platform tailored for property and casualty insurers, focusing on the analysis, scoring, management, and monitoring of property risk. By utilizing geospatial data and proprietary machine learning technology, Betterview transforms complex data into clear and actionable insights. This enables insurers to identify and mitigate risks effectively, enhancing operational efficiency and transparency throughout the policy lifecycle. The platform streamlines processes such as pricing, underwriting, and renewals, allowing insurers to make informed decisions and concentrate their efforts on high-risk properties, ultimately improving the overall customer experience.

Joyn Insurance

Series A in 2023
Joyn Insurance is a tech and data enabled MGA focused on revolutionizing the commercial P&C SME market space. Its mission is to transform insurance into a joyful experience. Joyn Insurance is bringing together technology, data science, and expertise to create a transparent, trusted, and one-of-a-kind insurance experience for the SME P&C commercial market. The company is pushing automation and machine augmented underwriting to a new level to address the pain points of more complex risks in the non-admitted small & middle market space.

COVU

Seed Round in 2022
COVU is a provider of insurance brokerage services focused on independent agencies and their customers, aiming to enhance risk management through personalized, transparent solutions. Founded by a team of experts from the insurance, finance, and technology sectors, COVU employs a holistic approach to help agencies thrive by managing the operational aspects of insurance. The company utilizes a unique blend of artificial intelligence, human intelligence, and real-time service to deliver a superior customer experience. COVU’s data-driven and comprehensive services enable individuals to accurately identify and evaluate risks, ensuring that both everyday consumers and growth-oriented insurance professionals can manage their insurance needs more effectively.

Better Agency

Series A in 2022
Better Agency is a technology platform based in Mesa, Arizona, that provides insurance agents with an easy-to-use solution for marketing, prospecting, sales, and customer retention. The platform offers sales-driven association management software and a customer relationship management system that automates various aspects of the insurance lifecycle, including sales, service, renewals, and claims. By leveraging policy downloads and automation, Better Agency enables independent agents to streamline their sales processes and enhance operational efficiency.

Cowbell

Series B in 2022
Cowbell Cyber, Inc. is a provider of cyber insurance tailored for small and medium-sized enterprises (SMEs). Founded in 2019 and based in Pleasanton, California, with additional offices in Omaha, Atlanta, and Plano, the company offers a platform that leverages artificial intelligence for continuous risk assessment and underwriting. Cowbell delivers standalone cyber coverage that adapts to the evolving threats facing businesses today. Its services include a comprehensive risk management approach that encompasses risk prevention, mitigation, incident preparedness, and response. By utilizing advanced machine-learning models and both inside-out and outside-in data, Cowbell helps organizations understand their insurable risks, gain insights into risk exposure, and enhance their overall insurability. The company serves various industries, including healthcare, technology, construction, finance, retail, and agriculture.

Plum Life

Seed Round in 2022
Plum Life is on a mission to create the ideal life insurance experience where the confidence of working with an advisor the and convenience of buying online meet in one place. The company offers an agent only digital experience designed to simplify the entire process of selling life insurance from quoting to application and to issue. Designed especially for the life insurance industry, Plum Life’s integrated platform combines the capabilities of a modern technology company and the personal attention and service of an advisor.

InShare Services Inc.

Seed Round in 2021
InShare Services is founded on the premise that the majority of players offering risk management solutions in the Sharing Economy lack intimate knowledge and insights. InShare founders Mark Warnquist, Sean Fitzsimmons and Andy Cohen bring more than 75 years of insurance/risk management experience with over a decade in High Tech & the Sharing Economy. We are “the” source for Sharing Economy Insurance & Claims Solutions:

Just Insure

Convertible Note in 2021
Just Insure is an auto insurance provider that focuses on fair pricing based on driving behavior rather than demographic factors such as age, location, or marital status. This innovative approach offers financial incentives for safe driving, as individuals who drive responsibly can benefit from lower insurance rates. The company aims to provide affordable coverage, particularly for younger drivers or those with previous accidents who may face higher rates due to traditional pricing models. Launched in Arizona in October 2019, Just Insure also offers a straightforward insurance application that ensures compliance with state liability requirements. Users can access basic information and receive a standard price, with the option of a full refund if the policy is not utilized.

Circle

Seed Round in 2021
Circle is an AI data management and customer relationship SaaS platform that makes it easier for our customers, health plans, value-based care providers, and brokers to get rewarded for better serving their members.

Limit Financial

Seed Round in 2021
Limit Financial is a managing general underwriter (MGU) specializing in credit insurance and reinsurance solutions. They help clients diversify risks through best-in-class underwriting, maximum transparency, and unparalleled service to the (re)insurance community. Its platform focuses on low-loss, conservatively structured credit risks where there is not considered to be an optimal private capital or capital markets solution. The company was founded in 2021 and is headquartered in Woodcliff Lake, New Jersey.

Cowbell

Series A in 2021
Cowbell Cyber, Inc. is a provider of cyber insurance tailored for small and medium-sized enterprises (SMEs). Founded in 2019 and based in Pleasanton, California, with additional offices in Omaha, Atlanta, and Plano, the company offers a platform that leverages artificial intelligence for continuous risk assessment and underwriting. Cowbell delivers standalone cyber coverage that adapts to the evolving threats facing businesses today. Its services include a comprehensive risk management approach that encompasses risk prevention, mitigation, incident preparedness, and response. By utilizing advanced machine-learning models and both inside-out and outside-in data, Cowbell helps organizations understand their insurable risks, gain insights into risk exposure, and enhance their overall insurability. The company serves various industries, including healthcare, technology, construction, finance, retail, and agriculture.

Circle

Seed Round in 2020
Circle is an AI data management and customer relationship SaaS platform that makes it easier for our customers, health plans, value-based care providers, and brokers to get rewarded for better serving their members.

Verikai

Series A in 2020
Verikai Inc is a San Francisco-based insurance technology company that specializes in providing a consumer insights platform for insurance and financial services in the United States. Founded in 2016, Verikai employs alternative data and machine learning to enhance the understanding of individual consumer behavior. By generating detailed risk reports, the platform aims to improve underwriting efficiency, enabling insurance companies to optimize their processes. This enhanced insight assists firms in increasing new business opportunities, minimizing losses, and expanding access to a wider array of insurance products for consumers and businesses. Additionally, the platform supports fraud detection and offers insights into price elasticity, allowing companies to better target and prioritize consumers based on their potential lifetime value.

Just Insure

Seed Round in 2020
Just Insure is an auto insurance provider that focuses on fair pricing based on driving behavior rather than demographic factors such as age, location, or marital status. This innovative approach offers financial incentives for safe driving, as individuals who drive responsibly can benefit from lower insurance rates. The company aims to provide affordable coverage, particularly for younger drivers or those with previous accidents who may face higher rates due to traditional pricing models. Launched in Arizona in October 2019, Just Insure also offers a straightforward insurance application that ensures compliance with state liability requirements. Users can access basic information and receive a standard price, with the option of a full refund if the policy is not utilized.

Betterview

Convertible Note in 2020
Betterview is a property intelligence platform tailored for property and casualty insurers, focusing on the analysis, scoring, management, and monitoring of property risk. By utilizing geospatial data and proprietary machine learning technology, Betterview transforms complex data into clear and actionable insights. This enables insurers to identify and mitigate risks effectively, enhancing operational efficiency and transparency throughout the policy lifecycle. The platform streamlines processes such as pricing, underwriting, and renewals, allowing insurers to make informed decisions and concentrate their efforts on high-risk properties, ultimately improving the overall customer experience.

Cowbell

Seed Round in 2019
Cowbell Cyber, Inc. is a provider of cyber insurance tailored for small and medium-sized enterprises (SMEs). Founded in 2019 and based in Pleasanton, California, with additional offices in Omaha, Atlanta, and Plano, the company offers a platform that leverages artificial intelligence for continuous risk assessment and underwriting. Cowbell delivers standalone cyber coverage that adapts to the evolving threats facing businesses today. Its services include a comprehensive risk management approach that encompasses risk prevention, mitigation, incident preparedness, and response. By utilizing advanced machine-learning models and both inside-out and outside-in data, Cowbell helps organizations understand their insurable risks, gain insights into risk exposure, and enhance their overall insurability. The company serves various industries, including healthcare, technology, construction, finance, retail, and agriculture.

Betterview

Series A in 2019
Betterview is a property intelligence platform tailored for property and casualty insurers, focusing on the analysis, scoring, management, and monitoring of property risk. By utilizing geospatial data and proprietary machine learning technology, Betterview transforms complex data into clear and actionable insights. This enables insurers to identify and mitigate risks effectively, enhancing operational efficiency and transparency throughout the policy lifecycle. The platform streamlines processes such as pricing, underwriting, and renewals, allowing insurers to make informed decisions and concentrate their efforts on high-risk properties, ultimately improving the overall customer experience.

Plnar

Series A in 2018
Plnar is an insurtech software provider that specializes in transforming the insurance claims process through its innovative technology. The company offers a digital platform that enables desk adjusters to create detailed two-dimensional and three-dimensional models of interior spaces using just digital photos. This artificial intelligence-based solution facilitates contactless inspections for interior property claims, enhancing the overall customer experience by significantly reducing cycle times and costs. By generating accurate measurements from smartphone images, Plnar streamlines the claims process, allowing for quicker and more efficient settlements.

Groundspeed

Series A in 2017
Groundspeed Analytics, Inc. is a provider of insurance data automation and analytics software tailored for commercial insurance brokers and carriers. Founded in 2015 and headquartered in Ann Arbor, Michigan, the company has developed a platform that utilizes machine learning and artificial intelligence to streamline the handling of insurance data. This platform automatically requests, processes, and analyzes loss run data and other essential documents, enabling users to access critical claim metrics without manual data entry. Groundspeed's technology empowers brokers and carriers to identify profitable risk pools and trends, enhance underwriting processes, and improve overall financial performance. By transforming complex insurance documents into actionable insights, Groundspeed facilitates better decision-making and drives growth in the commercial insurance sector.
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