Covr Financial Technologies

OverviewSuggest Edit

Covr Financial Technologies is a digital personal insurance platform. The Company's platform provides access to policies from well-known, dependable insurers. Policies are offered through financial institutions and advisors, so consumers can work with someone they already trust while integrating protection into their financial lives.

Covr features a simple online interface that lets consumers find information, calculate their specific needs, compare coverage, get quotes, and purchase policies.

TypePrivate
Founded2013
HQBoise, US
Websitecovrtech.com
Employee Ratings4.5

Recent NewsAll News

Latest Updates

Employees (est.) (Oct 2020)73(+3%)
Cybersecurity ratingAMore

Key People/Management at Covr Financial Technologies

Michael Kalen

Michael Kalen

CEO

Covr Financial Technologies Office Locations

Covr Financial Technologies has offices in Boise and Hartford
Boise, US (HQ)
401 W Front St
Hartford, US
1 American Row
Show all (2)

Covr Financial Technologies Financials and Metrics

Summary Metrics

Founding Date

2013

Covr Financial Technologies total Funding

$20.5 m

Covr Financial Technologies latest funding size

$500 k

Time since last funding

a year ago

Covr Financial Technologies investors

Covr Financial Technologies's latest funding round in October 2019 was reported to be $500 k. In total, Covr Financial Technologies has raised $20.5 m
Show all financial metrics

Covr Financial Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Covr Financial Technologies Online and Social Media Presence

Embed Graph

Covr Financial Technologies News and Updates

Covr Financial Technologies Announces New President and Head of Innovation

HARTFORD, Conn., April 3, 2020 /PRNewswire/ -- Covr Financial Technologies (Covr) announced that Ron Alexander, CFP, has been appointed as President and Head of Innovation. Ron comes to Covr with 20 years of e-commerce, life insurance and insurtech experience. Ron will lead product...

Covr Financial Technologies Integration Expands RetireOne's Life, Long-Term Care and Disability Insurance Offerings

SAN FRANCISCO, Nov. 6, 2019 /PRNewswire/ -- A new partnership with Covr Financial Technologies fills out the RetireOne platform of insurance solutions for Registered Investment Advisors ("RIAs"). RIAs may work through RetireOne's desk of insurance experts to get quotes, analysis,...

Covr Financial Technologies Opens Corporate Office in Hartford, CT

HARTFORD, Conn., April 18, 2019 /PRNewswire/ -- Covr Financial Technologies, a leading insurtech firm in the life insurance space, has opened its corporate office in the NassauRe building in downtown Hartford. Covr focuses on delivering simplified life insurance and long-term care...

Covr Financial Technologies launches industry-leading Long-Term Care comparative tool for financial advisors

BOISE, Idaho, March 14, 2019 /PRNewswire/ -- Covr Financial Technologies, a digital life insurance platform for financial institutions, today announced the launch of an industry-leading Covr LTC Estimator for financial advisors, the first digitally enabled asset-based long-term care...

Covr Financial Technologies Blogs

The Evolution of Life Insurance in the Time of COVID-19

Covr is well equipped to help insurance providers adapt. by Mike Furgiuele While the current situation surrounding the coronavirus is challenging for all of us, our insurance carrier partners have made adjustments in several key areas in response to COVID-19: Waiving of medical exams, expanded accel…

COVID-19 Puts Gaps in Life and Annuity Shelves

A life and annuity distribution veteran says advisors can still match most clients with products. The Wall Street Journal recently ran a prominent article about COVID-19, low interest rates and investment market turmoil reducing U.S. consumers’ access to life insurance. Some life and annuity distrib…

Covr Financial Technologies Adds Leading Life Insurance Innovator Haven Life to Its Platform

HARTFORD, Conn., Feb. 26, 2020 /PRNewswire/ — Covr Financial Technologies (Covr) and Haven Life, the customer-centric life insurance agency backed and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual), are today announcing a partnership that helps more customers purchase the l…

Covr Financial Technologies Announces New Head of Sales

HARTFORD, Conn., Jan. 22, 2020 /PRNewswire/ — Covr Financial Technologies announced that Jim Gothers has been appointed as Head of National Sales for its financial institution business, supporting banks, brokerage firms, wealth management firms and RIA partner firms. Reporting to Jim will be Covr’s …

Covr Blog: IRA Legacy Planning

RMDs & life insurance can help achieve wealth transfer goals It’s common for financial advisors to work with clients who have wealth transfer goals, whether to children and grandchildren or a favorite charity. Advisors can recommend various ways to achieve this goal, and today, we wanted to talk…

Advanced Insurance Planning – 3 Key Concepts

Recently on the blog, Covr introduced Doug Brisco, SVP of Estate & Business Insurance Planning. Today, we’ll offer a little more insight into what Doug and his advanced insurance planning team are focusing on in the fourth quarter of 2019. Between now the end of the year, we’ll be focusing on th…
Show more

Covr Financial Technologies Frequently Asked Questions

  • When was Covr Financial Technologies founded?

    Covr Financial Technologies was founded in 2013.

  • Who are Covr Financial Technologies key executives?

    Covr Financial Technologies's key executives are Michael Kalen.

  • How many employees does Covr Financial Technologies have?

    Covr Financial Technologies has 73 employees.

  • Who are Covr Financial Technologies competitors?

    Competitors of Covr Financial Technologies include Bought By Many, Everquote and Universal Insurance Holdings.

  • Where is Covr Financial Technologies headquarters?

    Covr Financial Technologies headquarters is located at 401 W Front St, Boise.

  • Where are Covr Financial Technologies offices?

    Covr Financial Technologies has offices in Boise and Hartford.

  • How many offices does Covr Financial Technologies have?

    Covr Financial Technologies has 2 offices.