Now Insurance Receives Funding from Arch Capital Group

now insurance

Now Insurance, a San Francisco, CA-based AI-enabled commercial insurance platform specializing in medical professional liability coverage, received an undisclosed amount in funding from Arch Capital Group.

The company intends to use the funds for launching its new suite of medical malpractice products, scaling their platform, and expanding distribution networks.

Founded in 2019, and led by CEO Philip Cabaud, Now Insurance is a data-driven, AI-powered Insurtech company delivering a range of customizable, and flexible coverage options that meet the needs and requirements of modern physicians and healthcare providers. To this end, Now leverages technologies such as predictive analytics and machine learning.

FinSMEs

22/08/2023