Investment strengthens multi-year relationship between investment arm of largest U.S. private passenger auto insurer and claims technology firm. Snapsheet, the company specializing in claims management technology, today announced a strategic investment from State Farm Ventures, the wholly-owned subsidiary of State Farm Mutual Automobile Insurance Company launched in 2018. Snapsheet streamlines and expedites the claims process, […]
Snapsheet Reports 2022 Growth Sets New Claims Standards
Snapsheet, the provider of virtual appraisals and claims management software. reported 2022 resulted in continued strategic growth and new opportunities for the company. Key results included: 63% year-over-year growth 54 new & expanded customer relationships 700,000+ total appraisals estimates written 150,000+ specialty vehicle estimates written $3.1 billion in claims payments 131 new Snapsheet employees Millions […]
Snapsheet Reports Strongest 12 Months in Company History
Snapsheet announced 2021 statistics and sales numbers marking its strongest year yet. Snapsheet is enabling auto and property carriers, TPAs, MGAs, and mobility to launch claims infrastructure in days rather than years. Notable highlights from 2021 include: 159% year over year growth Surpassed 2.5 million claims and over $10 billion in indemnity processed 32 new […]
Snapsheet and Socotra Launch Joint Platform Across the Entire Insurance Policy Lifecycle
Snapsheet and Socotra announced a joint platform solution built in the cloud that allows insurers to quickly deliver and scale new products to drive more efficient, digital-first experiences spanning the entire policy lifecycle, from quote to claim. Socotra enables insurers to accelerate product development, reduce maintenance costs, and improve customer experiences. Snapsheet Claims software provides […]
NYCM Insurance Selects Snapsheet Payments Software
Snapsheet announced that NYCM Insurance, a personal lines insurance carrier serving customers in New York State, is tapping Snapsheet Payments software to enable digital payments for customers alongside its existing check option. In addition to digitizing payments, Snapsheet will also facilitate faster communication methods during the payments process, power automated workflows, and offer increased transparency […]
Branch Insurance Selects Snapsheet
Snapsheet announced that Branch Insurance selected Snapsheet Claims software to deliver the modern claims experience to its rapidly-growing community. Using just a few pieces of information, Branch created a way to instantly bundle home and auto insurance. This technological superpower enables the insurtech to provide a frictionless experience and even offer insurance through its partners […]
Andy Cohen Promoted to President and COO at Snapsheet
Snapsheet announced the promotion of Andy Cohen to President and Chief Operating Officer. In this expanded role, Cohen will lead go-to-market activities across the suite of Snapsheet Cloud products (Claims, Payments and Appraisals) and Snapsheet Appraisal Services. Additionally, Cohen will continue managing the execution of Snapsheet’s end-to-end customer outcomes, service and experience. “Andy’s extensive industry […]
Fundamental Underwriters Partners with Snapsheet Appraisal Services
Fundamental Underwriters, a specialty managing general underwriter with expertise in mid-market trucking insurance, announced a partnership with Snapsheet to utilize its appraisal services. As a division of AF Group – collectively one of the nation’s largest writers of specialty insurance – Fundamental Underwriters is focused on delivering exceptional mid-market trucking insurance solutions. “Fundamental Underwriters continues […]
Bamboo Selects Snapsheet’s Claims Management Software Platform
Snapsheet announced that Bamboo Insurance, an insurtech company, chose Snapsheet’s end-to-end claims management platform to elevate their customer experience and modern approach to insurance. Bamboo Insurance offers flexible and transparent insurance options including homeowners, dwelling fire, flood, and earthquake insurance. Bamboo’s business approach is to leverage state-of-the-art data and technology in order to meet the […]
Snapsheet Secures $30 Million in Series E2 Financing
Snapsheet announced it has raised $30 million in Series E2 financing. Ping An Global Voyager Fund and Pivot Investment Partners led the round. Existing investors include Nationwide, Liberty Mutual, Intact Ventures, Tola Capital, Commerce Ventures, among others. The new funds will be used to accelerate growth and add new functionality to Snapsheet’s cloud native end-to-end […]