xagent Receives $1.2M in Strategic Funding

xagentxagent, a Reston, VA-based provider of a platform for property and casualty (P&C) agents, received $1.2m in strategic funding.

The round – still open for qualified agency principals – was led by Tribeca Angels and World Insurance.

Led by Bryan Baird, CEO, xagent delivers an independent single-entry multi-quote exchange for standard and surplus lines business insurance in all 50 states.

World Insurance, a full service agency based in Tinton Falls, NJ with annual written premium exceeding $250 million, and several other new Leadership Council agencies are now part of the xagent community – more than 600 agencies – that have registered for the current Beta release of xagent’s new Universal Submission App, an online service providing instant access to business owner insurance from nationally A-rated carriers.

FinSMEs

17/08/2018

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