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Clearcover, a next-generation car insurance company, announces the expansion of its call center to 24/7 operations with the help of Generative AI voice capabilities, powered by Ada, the AI-native customer service automation company.

With the latest integration, Clearcover’s customer service experience is further streamlined by routing all calls directly to Ada’s ‘AI Agent,’* allowing customers to use voice commands to resolve their queries over the phone.

The voice product reduces customer wait times and enables self-service, while also freeing up customer service agents to focus on more complex inquiries, allowing for faster response times on calls that require human assistance and lowering operational costs.

In May, the two companies announced their partnership with the implementation of Ada’s chat interface to Clearcover’s customer service experience.

“This feature rounds out our self-service options for customers by offering a fast, independent solution to resolve issues and answer questions without human interaction while also enabling our Customer Advocates to focus on their ‘superpowers’ and support more complex inquiries," said Clearcover VP of Customer Service Operations Angela Pratt.

The voice function leverages retrieval-augmented generation (RAG) and integrates directly with Clearcover’s internal systems, knowledge bases, policies and guidelines to:

• Retrieve information from relevant documents
• Escalate inquiries to specific Clearcover employee
• Speed up certain policy changes that can be completed by a Clearcover employee
• Answer customer questions regarding policies and coverage, and more with quick, insightful responses

“Voice automation aligns with our objective to produce innovative solutions and work with like-minded partners to simultaneously advance our customer experience,” Clearcover Chief Product and Innovation Officer Adam Fischer added.

Through this recent integration, Ada voice solutions have contained a large percentage of Clearcover calls and greatly enhanced efficiencies for its customer service representatives.

“Clearcover’s expansion into the voice channel demonstrates their commitment to a seamless omnichannel experience," said Ada Chief Product and Technical Officer Mike Gozzo. "With Ada Voice, they’re not just scaling support—they’re enhancing it. By leveraging our generative AI technology, Clearcover is transforming routine insurance inquiries into engaging, personalized conversations that feel proactive and seamless, driving deeper customer loyalty and satisfaction.”

Ada’s solution is available to customers 24/7 via Clearcover’s digital platforms, including its website, mobile app and Agent Hub.

In 2024, Clearcover has built momentum by integrating AI solutions within its API-centric product suite, forging another notable partnership with ServiceUp and rolling out proprietary generative AI solutions.

For more information, please visit Clearcover.com

*‘AI Agents’ are not licensed insurance agents and do not sell, solicit or negotiate insurance or perform any tasks that require a license.

About Clearcover
Clearcover is a next-generation insurance company that provides customers with market-leading technology solutions needed to confidently make smart decisions at every step. Clearcover challenges the status quo with hassle-free products and services that redefine what it means to put the customer first, delivering affordable car insurance with one of the industry's fastest claims experiences. Founded in 2016 by Kyle Nakatsuji and Derek Brigham, Clearcover includes: Clearcover Insurance Company and Clearcover Insurance Agency. Ranked on the Inc. 5000 Fastest Growing Privately Held Companies list and the Deloitte Technology Fast 500™ list, Clearcover has raised more than $560 million in funding to date. In 2024, the company was featured on Insurance Business America’s Top Insurance Employers list and CNBC’s World’s Top 150 Insurtech Companies. For more information, visit Clearcover.com.

About Ada
Ada is an AI-native customer service automation company on a mission to make customer service extraordinary for everyone. Ada makes it easy for businesses to automatically resolve the greatest number of customer service conversations — across channels and languages — with the least amount of effort. Since 2016, Ada has powered more than 4 billion automated customer interactions for brands like Meta, Verizon, AirAsia, Yeti, and Square. Born in Toronto, Ada serves companies and their customers worldwide. For more information, visit www.ada.cx.

Clearcover, a next-generation insurance company, is proud to announce it has been recognized as a “Top Insurance Employer” by Insurance Business America (IBA). The award program recognizes leading U.S. insurance organizations based on a series of employee satisfaction metrics, including benefits, compensation, culture, employee development and commitment to diversity and inclusion.

“We’re thrilled to be included on this year’s ‘Top Insurance Employers’ list by IBA, which reaffirms our company’s unwavering commitment to the growth, development and satisfaction of our employees,” said Clearcover Chief People Officer Vikki Caruso. “As a remote-first company with a mind-set to play the long game, we continue to embody our ‘Think Better-er’ leadership principle, fostering a culture of trust and innovation to drive our collective success.”

IBA’s Top Insurance Employer program consists of a two-phase qualification process, including an employer form submission and an anonymous employee satisfaction survey. Company results are distributed across four categories based on the number of employees and overall employee satisfaction scores.

Clearcover previously earned accolades such as the Better Business Bureau’s Torch Award for Ethics, Glassdoor’s Best Places to Work and Inc. Magazine’s Best Workplaces. The company recently made headlines highlighting its plan to launch a reciprocal exchange and begin writing non-standard auto business.

Learn more about Clearcover’s award winning culture at Clearcover.com.

About Clearcover

Clearcover is a next-generation insurance company that provides customers with market-leading technology solutions needed to confidently make smart decisions at every step. Clearcover challenges the status quo with hassle-free products and services that redefine what it means to put the customer first, delivering affordable car insurance with one of the industry's fastest claims experiences. Founded in 2016 by Kyle Nakatsuji and Derek Brigham, Clearcover includes: Clearcover Insurance Company and Clearcover Insurance Agency. Ranked on the Inc. 5000 Fastest Growing Privately Held Companies list and the Deloitte Technology Fast 500™ list, Clearcover has raised more than $520 million in funding to date. In 2024, the company was featured on Insurance Business America’s Top Insurance Employers list and CNBC’s World’s Top 150 Insurtech Companies. For more information, visit Clearcover.com.

Clearcover, a next-generation insurance company, announces a strategic partnership with ServiceUp, a leading technology company streamlining automotive repairs. The collaboration aims to redefine the car repair experience by combining Clearcover's seamless claims process with ServiceUp's exceptional "white glove" service and delivery.

Through its mobile platform, Clearcover policyholders can now schedule and receive repairs and maintenance services without ever leaving their homes via ServiceUp's comprehensive vehicle repair solution, which provides pick up and delivery at the policyholder's location.

"We are thrilled to join forces with ServiceUp to bring an unmatched level of convenience and quality service to our customers," said Clearcover Chief of Claims and Customer Service Aaron Wheaton. "This tech-forward approach aligns with our commitment to innovation and customer satisfaction. We are already seeing improvements in efficiency."

The benefits of the Clearcover partnership were recently highlighted in a Case Study published by ServiceUp. Results have shown repair process improvements for Clearcover, yielding impressive results, including reducing cycle times more than 30% and saving 20+ hours weekly per adjuster.

ServiceUp CEO Brett Carlson said, "We're thrilled to partner with Clearcover to bring the power of ServiceUp's repair platform to its customers. By combining both companies' innovative tech and a unified commitment to customer service, we're setting new standards in the automotive and insurance industries. This partnership underscores our joint dedication to providing seamless, efficient, and reliable solutions for all customers."

For more information, please visit Clearcover.com

About Clearcover
Clearcover is a next-generation insurance company that provides customers with market-leading technology solutions needed to confidently make smart decisions at every step. Clearcover challenges the status quo with hassle-free products and services that redefine what it means to put the customer first, delivering affordable car insurance with one of the industry's fastest claims experiences. Founded in 2016 by Kyle Nakatsuji and Derek Brigham, Clearcover includes: Clearcover Insurance Company and Clearcover Insurance Agency. Ranked on the Inc. 5000 Fastest Growing Privately Held Companies list and the Deloitte Technology Fast 500™ list, Clearcover has raised more than $520 million in funding to date. In 2024, the company was featured on Insurance Business America's Top Insurance Employers list and CNBC's World's Top 150 Insurtech Companies. For more information, visit Clearcover.com.

About ServiceUp
ServiceUp is revolutionizing the entire car repair experience by saving businesses, policyholders, and shops from the trouble of an outdated repair ecosystem. Our tech-driven repair platform automates tasks within the repair process, resulting in increased efficiency, reduced costs, and a boost in customer satisfaction.

Clearcover, a next-generation car insurance company, announces the launch of a customer-facing generative AI solution in partnership with Ada, the AI-native customer service automation company.

Ada's 'AI Agent'* for customer service automation, complements and streamlines the workflow for Clearcover's Customer Advocates.

The new solution, which is available to customers 24/7 via Clearcover's website and mobile app through a conversational interface, significantly reduces wait times while delivering quick, precise and mindful responses and resolutions to even the most complex inquiries.

Within the first month of launching to Clearcover policyholders, over 35% of Clearcover customer chat inquiries were automatically resolved.

"Our customers expect the best digital customer experiences in the insurance industry and Ada helps to make that a reality. Combining the power of our API-first custom policy administration system with Ada's technology provides a next-level customer experience while reducing operational costs and improving overall efficiency," said Clearcover Chief Product and Innovation Officer Adam Fischer.

According to a 2023 report by Hubspot, 78% of customer service professionals surveyed said they believe AI helps them spend more time on the more important parts of their roles.

"Unlike chatbots, 'AI Agents'* for customer service are designed to intelligently reason through problems, learn from interactions, and make decisions. They're no longer passive tools waiting for our input. These intelligent agents are proactive partners, capable of understanding our needs and helping us make the most advantageous decisions," said Ada Chief Product and Technical Officer Mike Gozzo.

The solution integrates directly with Clearcover's internal systems, knowledge bases, and policies and guidelines to deploy a number of action-oriented capabilities. This includes retrieving information from Clearcover's proprietary Policy Administration System to answer questions regarding policies and coverage and collecting relevant information from the customer to make escalating an inquiry to a specific Clearcover employee more efficient.

Ada's 'AI Agent'* for customer service is designed to grow along with Clearcover and continue to improve and evolve through performance reviewing, human guidance and feedback.

The functionality is also available to Clearcover's insurance agent partners via its Agent Portal to retrieve and instantaneously provide smart answers to commonly asked questions based on the existing knowledge base content.

Last month, Clearcover announced the launch of two other proprietary generative AI solutions, including its tool that fully digitizes statement collection at first notice of loss (FNOL) to streamline claims processes and its claims assistant that supports claims adjusters in analyzing files and drafting communications to claimants and their representatives.

*'AI Agents' are not licensed insurance agents and do not sell, solicit or negotiate insurance or perform any tasks that require a license.

About Clearcover
Clearcover is a next-generation insurance company that provides customers with the technology they need to confidently make the smartest decisions at every step. Clearcover is challenging the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable car insurance with one of the industry's fastest claims experiences. Clearcover includes Clearcover, Inc., which was founded in 2016 by Kyle Nakatsuji and Derek Brigham, Clearcover Insurance Company (NAIC #16524) and Clearcover Insurance Agency. Clearcover has raised more than $480 million in funding to date. In 2023, the insurance fintech ranked No.56 on the Deloitte Technology Fast 500™ list and was on the Inc. 5000 Fastest Growing Privately Held Companies in America list for the second consecutive year. For more information, visit Clearcover.com.

About Ada
Ada is an AI-native customer service automation company on a mission to make customer service extraordinary for everyone. Ada makes it easy for businesses to automatically resolve the greatest number of customer service conversations — across channels and languages — with the least amount of effort. Since 2016, Ada has powered more than 4 billion automated customer interactions for brands like Meta, Verizon, AirAsia, Yeti, and Square. Born in Toronto, Ada serves companies and their customers worldwide. For more information, visit www.ada.cx.

Clearcover, a next-generation car insurance company, announces the launch of its revolutionary generative AI solution that further digitizes statement collection, significantly streamlining the insurance claims process and customer experience.

The AI-driven solution utilizes large language models (LLMs) to guide a conversational experience immediately following First Notice of Loss (FNOL). The claims intake tool collects the required information about the incident, which is typically collected in adjuster follow-up calls, to process and pay a claim.

"Our underlying foundation was built with best-in-class technology for digitally native customers, which has enabled us to get ahead of the curve," said Clearcover CEO and Co-founder Kyle Nakatsuji. "I am incredibly proud of our Product, Claims and CX departments for leaning into this industry challenge and raising the bar for AI insurance solutions."

As one of the first-to-market insurtechs to include this capability, Clearcover is rolling out a series of AI products to enhance its end-to-end insurance experience. Earlier this year, Clearcover's custom-built claims assistant began supporting claims adjusters in analyzing files and drafting communications to claimants and their representatives. The company also plans to integrate conversational AI into its mobile app to answer customer questions 24/7 in real-time. The feature will later be included within the company's agent portal and website.

"By leveraging the power of generative AI, we're ushering in a transformational way for our customers to share information and self-serve throughout their insurance journeys," said Clearcover's Chief Product and Innovation Officer Adam Fischer.

This launch complements Clearcover's digital claims process, Clear Claims™, enabling the company to process claims even more efficiently. Powered by Clearcover's proprietary machine learning technology ClearAI®, payment can be issued in as little as 30 minutes on eligible claims with the company record being just 7 minutes.

The company ranked No. 56 on the 2023 Deloitte Technology Fast 500 list and recently joined the InsurTech Coalition to ensure the responsible use of new technologies in the fast-paced market.

The company's Senior Director of Product, AI & ML, Jerry Claghorn, is speaking today at InsurTech NY Spring Conference: Analytics & AI Advantage on a panel titled, "Talking to Customers with AI."

About Clearcover
Clearcover is a next-generation insurance company that provides customers with the technology they need to confidently make the smartest decisions at every step. Clearcover is challenging the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable car insurance with one of the industry's fastest claims experiences. Clearcover includes Clearcover, Inc., which was founded in 2016 by Kyle Nakatsuji and Derek Brigham, Clearcover Insurance Company (NAIC #16524) and Clearcover Insurance Agency. Clearcover has raised more than $480 million in funding to date. In 2022, the insurance fintech ranked No.50 on the Deloitte Technology Fast 500TM and No. 151 on the Inc. 5000 Fastest Growing Privately Held Companies in America. Clearcover has also been featured by Glassdoor as one of the nation's "Best Places to Work." For more information, visit Clearcover.com.

Clearcover, a next-generation car insurance company, today announces the expansion of its embedded insurance strategy through a bind-API integration with Goosehead Insurance, Inc., (NASDAQ: GSHD), a rapidly growing, independent personal lines insurance agency.

The high-tech integration enables Goosehead Insurance agents to generate a Clearcover quote directly through their quoting platform, delivering a more streamlined quote-and-bind experience for agents and their clients.

"This API deepens our existing relationship with Goosehead Insurance and allows their agents to serve their clients in the most efficient way," said Clearcover Integrations Product Manager Steve Black. "As part of our long-term vision and strategy, Clearcover remains steadfast in delivering a seamless and competitive car insurance experience that adds value to the marketplace. By boosting partner enablement through our best-in-class technology stack, we are able to accomplish this more effectively."

This latest step in the Clearcover and Goosehead Insurance partnership, which was first announced in June 2021, signals an ongoing commitment between the two companies to harness technology to revolutionize the car insurance experience for both agents and clients.

"At Goosehead Insurance, we are committed to providing industry-leading solutions that simplify the insurance shopping experience and empower clients to choose the best coverage at the right price," said Oswaldo Gonzalez, Managing Director of Product and Program Management at Goosehead Insurance. "Our expanded partnership with Clearcover reflects our ongoing investment in innovative technologies that help our agents provide greater ease, transparency and education to our clients."

Clearcover is building momentum in its ongoing effort to expand its embedded insurance strategy, including a collaboration with Experian and most recently, the launch of "Choice," its customizable end-to-end auto insurance integration brands across the financial services industry.

About Clearcover
Clearcover is a next-generation insurance company that provides customers with the technology they need to confidently make the smartest decisions at every step. Clearcover is challenging the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable car insurance with one of the industry's fastest claims experiences. Clearcover includes Clearcover, Inc., which was founded in 2016 by Kyle Nakatsuji and Derek Brigham, Clearcover Insurance Company (NAIC #16524) and Clearcover Insurance Agency. Clearcover has raised more than $480 million in funding to date. In 2022, the insurance fintech ranked No.50 on the Deloitte Technology Fast 500TM and No. 151 on the Inc. 5000 Fastest Growing Privately Held Companies in America. Clearcover has also been featured by Glassdoor as one of the nation's "Best Places to Work." For more information, visit Clearcover.com.

Clearcover, a next-generation car insurance company, today announces the launch of "Choice," its embedded insurance solution that provides a customizable end-to-end auto insurance integration for brands.

The integration, powered by Clearcover's proprietary API-based technology platform, enables brands to seamlessly deliver price and policy comparisons from various carriers so customers can choose the option that offers the best value for them.

"Our goal at Clearcover is to provide our customers with the most convenient, affordable car insurance coverage, and 'Choice' enables us to do that with an even broader reach," said Clearcover CEO and Co-founder Kyle Nakatsuji.

By integrating with "Choice," brands across the financial services industry can provide eligible customers with a simple end-to-end experience that allows them to comparison shop for auto insurance carriers, including Clearcover Insurance Company.

"We're thrilled to expand our distribution reach to a whole new pool of potential customers by lending our 'insurance-in-a-box' digital solution to other brands," said Clearcover Chief Product and Innovation Officer Adam Fischer. "We are continuing to focus on meeting our customers where they are on their financial journeys and making it simple for partners to integrate our technology."

Goodcover, the fair and modern insurance provider, is the first company to integrate with "Choice" for Goodcover Auto. Launched this month, the service is designed to help eligible Goodcover policyholders find car insurance rates from top insurers to pair with their renters insurance.

"The 'Choice' platform plays a significant role in powering the backend of Goodcover Auto, seamlessly integrating Goodcover members' profiles and streamlining the quote process to make auto insurance selection more efficient," said Co-founder and CEO of Goodcover Chris Lotz. "This partnership helps Goodcover members take control of their financial goals and further strengthens our commitment to empowering renters."

Clearcover, which closed its Series E round of funding last November, has raised more than $480 million to date. The award-winning Insurtech recently announced moves to broaden its embedded insurance strategy.

"Choice" comes just several months after Clearcover launched an embedded insurance solution with Experian in which consumers receive final, bindable quotes when they shop for auto insurance via the company's comparison shopping service.

Book a demo of its platform at clearcover.com/embedded.

About Clearcover
Clearcover is a next-generation insurance company that provides customers with the technology they need to confidently make the smartest decisions at every step. Clearcover is challenging the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable car insurance with one of the industry's fastest claims experiences. Clearcover includes Clearcover, Inc., which was founded in 2016 by Kyle Nakatsuji and Derek Brigham, Clearcover Insurance Company (NAIC #16524) and Clearcover Insurance Agency. Clearcover has raised more than $480 million in funding to date. In 2022, the insurance fintech ranked No.50 on the Deloitte Technology Fast 500™ and No. 151 on the Inc. 5000 Fastest Growing Privately Held Companies in America. Clearcover has also been featured by Glassdoor as one of the nation's "Best Places to Work." For more information, visit Clearcover.com.

Clearcover, the next-generation car insurance company, today announced that it recently launched the Clearcover Agent Hub, its reimagined agent resource center in its ongoing effort to bolster the agent distribution channel.

Designed to empower agents to better serve their customers and sell Clearcover policies with ease, the Agent Hub offers an innovative experience that supports agents through onboarding, answers frequently asked questions and offers ongoing support and education.

"Providing agents with educational resources and simple sales tools is a top priority," said Clearcover CEO Kyle Nakatsuji. "We're continuing to analyze data and listen to customer and agent feedback in our efforts to deliver the best experience in the industry."

One of the more notable enhancements in the Clearcover Agent Hub is a reimagined onboarding process for agents to sell with ease and confidence. The dedicated resource serves as a way for agents to learn more about Clearcover at their own pace, including general company information, products and services, and how to start selling policies.

"Clearcover already gave us a competitive product that agents can leverage to sell more business more efficiently, and now they've made the process even easier with the new Agent Hub," said Brightway Agency Owner and Clearcover Agent Gary Silverman. "It's truly a one-stop shop to help us grow our business."

In addition to onboarding, the Agent Hub also provides an array of updated digital resources, such as new videos, relevant articles and enhanced training content.

As Clearcover builds momentum and innovation in the channel, it is also working on rolling out an agent-centric rewards initiative.

The launch of Clearcover Agent Hub comes shortly after the company announced it has teamed up with Experian to provide an embedded insurance solution as part of its ongoing effort to expand its distribution channels.

Watch the Clearcover Agent Hub video for more information about the new resource center and visit Clearcover.com/agents to learn more.

About Clearcover
Clearcover is the next-generation insurance company that provides customers with the technology they need to confidently make the smartest decisions at every step. Clearcover is challenging the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable car insurance with one of the industry's fastest claims experiences. Clearcover includes Clearcover, Inc., which was founded in 2016 by Kyle Nakatsuji and Derek Brigham, Clearcover Insurance Company (NAIC #16524) and Clearcover Insurance Agency. Clearcover has raised more than $480 million in funding to date. In 2022, the insurance fintech ranked No.50 on the Deloitte Technology Fast 500™ and No. 151 on the Inc. 5000 Fastest Growing Privately Held Companies in America. Clearcover has also been featured by Glassdoor as one of the nation's "Best Places to Work." For more information, visit Clearcover.com.

Clearcover Insurance Company, the next-generation car insurance company, today announces it has launched an innovative embedded insurance solution in which consumers receive final, bindable quotes when they shop via Experian's® auto insurance comparison shopping service. This initiative supports Clearcover's strategy to fuel growth in its distribution channels and complements Experian's consumer-centric approach to its products.

"We're redesigning the insurance playbook by streamlining processes and building new experiences and capabilities," said Clearcover CEO Kyle Nakatsuji. "We are grateful to Experian for putting their trust in us to develop solutions that improve their users' experiences."

Clearcover is investing in technology to meet market demand and support its mission to become the digital auto insurer of choice for modern drivers. Its partner-centric API allows users to comparison shop for auto insurance to find better rates without leaving the Experian site for final quotes. Launched last year, Experian's auto insurance offering furthers its mission to financially empower consumers by helping them potentially save hundreds of dollars on their current policy.*

"Working with a tech-enabled carrier is a win-win," said Rakesh Patel, General Manager of Experian Insurance Services™ at Experian. "Clearcover is uniquely positioned to tailor the underlying embedded experience so that our customers can quickly and easily shop for auto insurance policies all in one place. When we can empower consumers to make positive changes effortlessly, Experian is achieving its goal of financial power for all."

"This integration is part of our customer-centric mission to provide hassle-free insurance," said Clearcover Chief Product and Innovation Officer Adam Fischer. "Our goal to empower consumers to make the smartest decisions at every step aligns with Experian's mission to help its customers improve their financial well-being."

On the heels of securing $153 million in Series E financing last November, Clearcover ramped up efforts to invest in and integrate new technologies and business strategies.

"Experian and Clearcover have a long-standing relationship," said Clearcover Head of Partner Distribution Chris Ritter. "This collaboration is a natural progression and we're looking forward to ensuring they have some of the smartest solutions on the market."

Clearcover, which currently offers auto policies in 19 states, is advancing an industry that continues to adapt and change. The company ranked No. 50 on the 2022 Deloitte Technology Fast 500 list and was named by InsurTech Magazine as a "Top 10 Insurtech Platform to Watch in 2022."

For more information on partnering with Clearcover, please visit clearcover.com/embedded.

To comparison shop for auto insurance at Experian, visit Experian Auto.

*Results will vary and some may not see savings. Customers who switched saved $961 per year on average compared to their prior policy.

About Clearcover
Clearcover is the next-generation insurance company that provides customers with the technology they need to confidently make the smartest decisions at every step. Clearcover is challenging the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable car insurance with one of the industry's fastest claims experiences. Clearcover includes Clearcover, Inc., which was founded in 2016 by Kyle Nakatsuji and Derek Brigham, Clearcover Insurance Company (NAIC #16524) and Clearcover Insurance Agency. Clearcover has raised more than $480 million in funding to date. In 2022, the insurance fintech ranked No.50 on the Deloitte Technology Fast 500™ and No. 151 on the Inc. 5000 Fastest Growing Privately Held Companies in America. Clearcover has also been featured by Glassdoor as one of the nation's "Best Places to Work." For more information, visit Clearcover.com.

Clearcover, Inc., the next-generation car insurance company, today announced it ranked No. 9 on Inc. Magazine’s prestigious list of the Midwest’s fastest-growing private companies, which recognizes companies that have demonstrated an impressive rate of growth across all industries within the region.

“The determination and hard work of our team are what has propelled our company to receive this high ranking on the Inc. Midwest Regionals list,” said Clearcover Co-founder and CEO Kyle Nakatsuji. “This recognition has ignited another spark in us as we climb upward toward our next phase of growth.”

The 202 private companies featured on this year’s list had an average growth rate of 535 percent between 2019-2021. In 2021 alone, they collectively added 22,750 jobs and nearly $13.9 billion to the Midwest region’s economy.

“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disruptors and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” said Scott Omelianuk, editor-in-chief of Inc. Magazine.

This top recognition comes on the heels of Clearcover ranking No. 151 on the list of 2022 Inc. 5000 Fastest Growing Privately Held Companies in America and No. 50 on the 2022 Deloitte Technology Fast 500™.

For more information, please visit Clearcover.com.

About Clearcover
Clearcover is the next generation insurance company that provides customers with the technology they need to confidently make the smartest decisions at every step. Clearcover is challenging the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable car insurance with one of the industry’s fastest claims experiences. Clearcover includes Clearcover, Inc., which was founded in 2016 by Kyle Nakatsuji and Derek Brigham, Clearcover Insurance Company (NAIC #16524) and Clearcover Insurance Agency. Clearcover has raised more than $480 million in funding to date. In 2022, the insurance fintech ranked No.50 on the Deloitte Technology Fast 500™ and No. 151 on the Inc. 5000 Fastest Growing Privately Held Companies in America. Clearcover has also been featured by Glassdoor as one of the nation’s “Best Places to Work.” For more information, visit Clearcover.com.

Clearcover Inc., the next-generation car insurance company, announced it has been recognized as a 2023 “Best Place to Work” by Built In and has received a 5-Star Diversity, Equity & Inclusion award by Insurance Business America.

The news of Clearcover’s latest award wins comes as the company also announces the promotions of senior leadership executives Vikki Caruso to Chief People Officer and Brent Walker to Chief Technology Officer.

This marks the fifth consecutive year Clearcover has been featured in Built In’s prestigious annual awards program, which honors companies across the largest tech markets in the U.S. that are fostering meaningful employee experiences through their culture and benefits. Clearcover was recognized in multiple categories, including a Chicago Best Place to Work and a Chicago Best Midsize Place to Work. Insurance Business America also awarded Clearcover with a 5-Star Diversity, Equity & Inclusion recognition, which highlights companies that have exceeded industry expectations for DEI efforts.

“It’s truly an honor to receive these recognitions that amplify our commitment to being a people-first company,” said Clearcover’s newly appointed CPO Vikki Caruso. “We are proud of the culture we’ve created and we look forward to building upon it so we can continue to foster collaboration, inclusion and the career growth of our team members.”

Caruso, who has led the People department since joining the company in 2019, will continue her commitment to recruiting top talent, advancing Clearcover’s position as a top-employer brand and leading the team to ensure great employee and customer experiences. She has been instrumental in building Clearcover's Equity, Inclusion and Diversity Council, championing its events – such as educational panel discussions during Black History, Pride, and Disability Pride months – and implementing multiple Employee Resource Groups, including its latest, Women in Insurance & Technology.

“Vikki’s stewardship in building a remote-first culture that embraces our guiding leadership principles and values has been instrumental to Clearcover’s success, and her promotion validates our confidence in her abilities,” said Clearcover Co-founder and CEO Kyle Nakatsuji.

Brent Walker, who joined Clearcover in 2020 as VP of Engineering, was named to the company’s senior executive team after being appointed Chief Technology Officer last August. In this role, Walker continues overseeing strategy and driving effective software development processes to ensure the business is delivering high-value, high-quality products to market.

“Brent’s visionary mindset has been a huge factor in the continued expansion of our proprietary technology suite,” said Nakatsuji. “I am excited to see how he continues to think outside the box, ushering Clearcover into an even greater phase of growth and further cementing our role as a true innovator in the insurtech space.”

For opportunities to join its people-first workplace, please visit Clearcover.com/careers.

About Clearcover
Clearcover is the next generation insurance company that provides customers with the technology they need to confidently make the smartest decisions at every step. Clearcover is challenging the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable car insurance with one of the industry’s fastest claims experiences. Clearcover includes Clearcover, Inc., which was founded in 2016 by Kyle Nakatsuji and Derek Brigham, Clearcover Insurance Company (NAIC #16524) and Clearcover Insurance Agency. Clearcover has raised more than $480 million in funding to date. In 2022, the insurance fintech ranked No.50 on the Deloitte Technology Fast 500™ and No. 151 on the Inc. 5000 Fastest Growing Privately Held Companies in America. Clearcover has also been featured by Glassdoor as one of the nation’s “Best Places to Work.” For more information, visit Clearcover.com.

With the winter holidays around the corner, Clearcover, Inc., the next-generation car insurance company, recently conducted a survey* to forecast this season’s travel trends.

The company’s report discovered who, why and how people are planning to travel this time of year and unwrapped some interesting key findings:

More people are likely to travel this holiday season (2022) compared to last year.
Based on the survey data, Clearcover reports that 60% of respondents noted they will or are likely to travel for the 2022 winter holidays compared to just 37% of those who traveled last year.

A majority of respondents indicated that they are planning to hit the roads rather than the runway.
Of those surveyed, 69.1% said they will likely drive rather than fly.

Fido and Fluffy are buckling up for the ride.
Nearly half (43%) of respondents that are likely to travel this year reported that they are planning to take their pets along with them.

COVID-19 is no longer top-of-mind.
Only 10.1% of respondents not likely to travel this year reported COVID-19 and other health and safety issues as the reason. This is a dramatic downturn from last year where 34.5% of respondents who chose not to travel last year cited the coronavirus as their primary reason for staying home.

Who is traveling and why?
The majority (74%) of those planning to travel this year are millennials (ages 25-44), and cited ‘visiting friends and family’ as their primary motivation to travel.

‘Tis the season of spending.
The survey results show that despite 63.5% of respondents citing cost as a main consideration when determining their holiday travel, the majority of those traveling again this year plan to spend the same amount, if not more, than they did traveling in 2021.

Click here to explore the full Winter Holiday Travel Trend report.

*Clearcover polled 1,000 U.S. residents on their winter holiday travel plans. The survey was conducted at 95% confidence, +/- 3% margin of error.

About Clearcover
Clearcover is the next generation insurance company that provides customers with the technology they need to confidently make the smartest decisions at every step. Clearcover is challenging the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable car insurance with one of the industry’s fastest claims experiences. Clearcover includes Clearcover, Inc., which was founded in 2016 by Kyle Nakatsuji and Derek Brigham, Clearcover Insurance Company (NAIC #16524) and Clearcover Insurance Agency. Clearcover has raised more than $480 million in funding to date. In 2022, the insurance fintech ranked No.50 on the Deloitte Technology Fast 500™ and No. 151 on the Inc. 5000 Fastest Growing Privately Held Companies in America. Clearcover has also been featured by Glassdoor as one of the nation’s “Best Places to Work.” For more information, visit Clearcover.com.

Clearcover Inc., the next-generation car insurance company, today announced it has received the 2022 Torch Award for Ethics by the Better Business Bureau (BBB) of Chicago and Northern Illinois.

“The cornerstone of Clearcover’s strategy is our commitment to provide transparency to our agents, partners and policyholders,” said Clearcover Co-Founder and Chief Operating Officer Derek Brigham. “Upholding ethical business practices in everything we do is the embodiment of that commitment, and this award validates that we are delivering on this promise.”

Given to a select group of only 11 Chicago metro businesses in 2022, the annual award spotlights companies that exemplify marketplace trust and excellence. Accredited with the organization since 2017, Clearcover maintains an A+ rating with the BBB.

“The Torch Award is the premier award the BBB can present to a company,” said BBB President and CEO Steve Bernas. “Torch Award winners demonstrate extraordinary ethical standards of trust and behavior. These companies represent the highest level of dedication to four key attributes including character, culture, customers, and community.”

Clearcover’s digital-first approach to car insurance, which incorporates technology into every step of the process such as its ClearAI® powered Clear Claims™ to help expedite payments on eligible claims, provides a robust toolkit to ensure the success of its agents and partners.

“Clearcover is a great partner,” said Jason Wamsganz, president of Partners Insurance in St. Louis. “The level of loyalty and dedication to our success gives us confidence when recommending Clearcover to our clients.”

This top recognition comes on the heels of Clearcover ranking No. 151 on the Inc. 5000 Fastest Growing Privately Held Companies in America list and No. 50 on the Deloitte Technology Fast 500.

To learn more, please visit clearcover.com.

About Clearcover
Clearcover is the next generation insurance company that provides customers with the technology they need to confidently make the smartest decisions at every step. Clearcover is challenging the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable car insurance with one of the industry’s fastest claims experiences. Clearcover includes Clearcover, Inc., which was founded in 2016 by Kyle Nakatsuji and Derek Brigham, Clearcover Insurance Company (NAIC #16524) and Clearcover Insurance Agency. Clearcover has raised more than $480 million in funding to date. In 2022, the insurance fintech ranked No.50 on the Deloitte Technology Fast 500™ and No. 151 on the Inc. 5000 Fastest Growing Privately Held Companies in America. Clearcover has also been featured by Glassdoor as one of the nation’s “Best Places to Work.” For more information, visit Clearcover.com.

Clearcover Inc., the next-generation car insurance company, today announced it ranked No. 50 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 28th year. This is the first time since its inception in 2016 that Clearcover has been featured on the prestigious list.

“We’re honored to receive this distinction from Deloitte, which recognizes the years of hard work and dedication that the entire Clearcover team has put into building a company and products we are proud of,” said Clearcover Co-founder and CEO Kyle Nakatsuji. “We’re a business committed to becoming the digital auto insurer of choice and a place on this list symbolizes our ability to stand out in today’s industry.”

The company’s success is attributed to its digital-first approach to car insurance, incorporating technology into every step of the process to ensure seamless experiences from start to finish. Earlier this year, the company launched Car Care, the first offering of the Clearcover Advantage™ benefit that allows Clearcover to offer even more value to customers beyond their car insurance coverage. Its industry-leading mobile app powered by ClearAI® enables simple customer self-service, making it possible to make payments, renew coverage and file a claim in just minutes.

“This year’s Technology Fast 500 list is a true reflection of some of today’s most determined and inspiring pioneers who have prospered by anticipating what’s next, understanding what’s needed to succeed and driving creativity forward,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice.

This top recognition comes on the heels of Clearcover ranking No. 151 on the Inc. 5000 Fastest Growing Privately Held Companies in America list and being recognized as a “Top 10 Insurtech Platform to Watch in 2022” by InsurTech Magazine.

The company is hiring across the U.S. in a variety of fields, with a focus on claims, engineering and data and analytics. To learn more, visit: https://clearcover.com/careers

About Clearcover
Clearcover is the next generation insurance company that provides customers with the technology they need to confidently make the smartest decisions at every step. Clearcover is challenging the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable car insurance with the industry’s fastest claims. The company was founded in 2016 by Kyle Nakatsuji and Derek Brigham and has raised more than $300 million in funding. For more information, visit Clearcover.com.

About the 2022 Deloitte Technology Fast 500™

Now in its 28th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2018 to 2021.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

Clearcover Inc. is one of the fastest-growing privately held companies in America, ranking No. 151 on the annual Inc. 5000 list. The prestigious list has recognized the most successful private companies for 15 years. Today, Clearcover joins the likes of Microsoft, Zipcar and other brands that first made their mark as household names by being recognized by Inc. for revenue growth and innovation.

“It’s an incredible honor to be named to the Inc. 5000 list,” said Clearcover Co-founder and CEO Kyle Nakatsuji. “Truly, it’s the hard work and dedication of the entire Clearcover team that contributed to building the traction needed to reach this milestone. Our next generation approach to insurance technology will continue to challenge the status quo by accelerating innovation as we aim to build the industry’s most seamless and efficient insurance experience for our agents, partners and customers.”

Clearcover eyes continued exponential growth as it builds on recent momentum. The company currently offers auto policies in 20 states with plans for geographic expansion as the year goes on. Earlier this year, the company launched Car Care, a new customer offering that provides a “digital garage” in the Clearcover app and access to savings up to 40% on auto maintenance at more than 23,000 auto shops nationwide. Car Care is the first offering of the Clearcover Advantage™ benefit that allows Clearcover to offer superior value to customers beyond their car insurance coverage.

“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”

The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years. Complete results of the Inc. 5000 can be found here.

About Clearcover
Clearcover is the next generation insurance company that provides customers with the technology they need to confidently make the smartest decisions at every step. Clearcover is challenging the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable car insurance with the industry’s fastest claims. The company was founded in 2016 by Kyle Nakatsuji and Derek Brigham and has raised more than $300 million in funding. For more information, visit Clearcover.com.

About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.

For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.

Methodology
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine’s September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.

Today, Clearcover Insurance Company announces that Executive Vice President of People Vikki Caruso has been named to the 2022 “Notable Executives in HR and Diversity, Equality and Inclusion” by Crain’s Chicago Business. The award recognizes accomplished human resources executives in the Chicago area for their ability to effect change in promoting diversity and inclusion.

“It’s a huge honor to be recognized by Crain’s Chicago Business as a Notable Executive in HR and DEI this year,” said Clearcover’s Executive Vice President of People Vikki Caruso. “It has been my mission to build a performance-driven diverse culture focused on the individual superpowers of our employees. I believe our people-first philosophy has allowed us at Clearcover to both retain current employees and recruit top talent. One of my passions is to combine culture, innovation, leadership and inclusiveness to create a workspace that people truly love and experiences that are truly remarkable.”

With more than 20 years of experience in Human Resources, Caruso is a charismatic and results-driven leader whose people-first philosophy drove her to implement a company-wide program for employees to have access to mental health workshops and clinical therapists. She scaled the Equity, Inclusion and Diversity Council (EIDC) and promoted company-wide education sessions for important milestones such as Black History Month, Autism Awareness Month and Women’s History Month.

“We’re so proud of Vikki and her recognition as a top human resources executive,” said Clearcover Co-founder and CEO Kyle Nakatsuji. “Vikki has helped us build one of the best employer brands and lives out Clearcover’s values and Leadership Principles, which we strive for daily. Just as Clearcover supports our customers in feeling confident in their car insurance decisions, Vikki enables our employees to experience a supportive and innovative work environment.”

The company is hiring across the U.S. in a variety of fields, with a focus on claims, engineering and data and analytics. To learn more, visit: https://clearcover.com/careers

About Clearcover
Clearcover is the next generation insurance company that provides customers with the technology they need to confidently make the smartest decisions at every step. Clearcover is challenging the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable car insurance with the industry’s fastest claims. The company was founded in 2016 by Kyle Nakatsuji and Derek Brigham and has raised more than $300 million in funding. For more information, visit Clearcover.com.

About Crain’s Notables
The Crain’s Notable Executives in HR and Diversity, Equality and Inclusion is a yearly award which includes executives for whom nominations were submitted and accepted after an editorial review. Honorees are serving in a senior leadership role, are employed at companies of 50 employees or more and demonstrate the ability or power to effect change.

CHICAGO, IL -- May 10, 2022 -- Clearcover Insurance Company, the next generation car insurance carrier, today announces the launch of Car Care, a product that provides additional value through a convenient “digital garage” that includes such benefits as lowering the cost of vehicle maintenance.

Customers in select states can now access steep discounts up to 40% at more than 23,000 auto maintenance shops nationwide, including Pep Boys, Jiffy Lube® and Firestone. Policyholders can also connect with expert mechanics for real-time advice, receive maintenance reminders and book appointments for services including tire and oil changes and brake replacements.

Car Care is the first offering of a new customer benefit called Clearcover Advantage™, which is available via the Clearcover app at no extra cost.

“Car Care aligns with our commitment to put the customer first and redefines what it means for an insurance company to provide superior value to customers,” said Clearcover Co-founder and CEO Kyle Nakatsuji. “We know cost and convenience are two of the biggest factors when choosing an insurer. Vehicle maintenance benefits are just one of many ways we can help alleviate some of the costs associated with driving.”

According to a 2022 study by Kelley Blue Book’s XTime, routine preventative maintenance costs continue to soar with the average repair hitting more than $500 in February, the highest point in three years. In addition, a recent Clearcover study found nearly half of its respondents have delayed vehicle maintenance during the last six months citing rising costs of maintenance and fuel.

“We’re taking a 360-degree view of our customers’ relationships with their cars, which is often one of their largest assets,” said Clearcover VP of Innovation Alexis Collatos. "Our customers are seeking one-stop solutions like Car Care to ensure smarter, faster ways to lower costs and manage regular vehicle maintenance and safety checks."

Car Care is now available to eligible Clearcover customers in Arizona, Ohio, Pennsylvania and Utah with plans to expand geographically throughout 2022. This is just the newest addition to Clearcover’s mobile app – coming on the heels of a successful year for the business. Clearcover has served hundreds of thousands of customers, closed more than $300 million in funding and positioned itself as the market leader in accelerating digital transformation in auto insurance.

For more information, visit clearcover.com/carcare.

About Clearcover
Clearcover is the next generation insurance company that provides customers with the technology they need to confidently make the smartest decisions at every step. Clearcover is challenging the status quo with hassle-free insurance that redefines what it means to put the customer first, delivering affordable car insurance with the industry’s fastest claims. The company was founded in 2016 by Kyle Nakatsuji and Derek Brigham and has raised more than $300 million in funding. For more information, visit Clearcover.com.

CHICAGO, IL -- November 16, 2021 -- Clearcover, the tech-driven car insurance company, today announced the appointment of three new independent board members: Steven Bensinger of TigerRisk Partners, Cynthia Hardy of Pivot Global Partners and Atif Rafiq. Their backgrounds will help continue to create value for Clearcover’s shareholders and team by providing sound third party advice on industry specific subject matter as the company continues its year of record growth.

“Clearcover continues to assemble a Board of veteran insurance and technology leaders with a commitment to a customer first approach that builds around our values of transparency, convenience, low prices and superior value,'' said Kyle Nakatsuji, Co-Founder and CEO of Clearcover. “Steve, Cynthia and Atif's expertise will help us continue to prepare for the next phase of Clearcover's growth.”

Steven Bensinger, Partner and Senior Advisor at TigerRisk Partners, has more than 40 years experience in building insurance operations and scaling business for some of the biggest carriers in the world. Bensinger is often called upon to achieve organic growth, establish new operating subsidiaries and attain recapitalization. Steven serves as Chairman Emeritus of the Board of Ronald McDonald House New York. He is also an independent board member of The Doctors Company, a large medical professional liability insurer, Kinsale Capital Group, a specialty excess and surplus lines insurer, and Ariel Re Holdings Limited, an international reinsurer. Steve is a former member of the Board of Directors of the International Insurance Society, past member of the Board of Overseers, Leonard N. Stern School of Business, New York University and past President and Board member of the Stern School of Business Alumni Association. He will be joining the Clearcover Board of Directors as the audit chair candidate; a role he has served with every board he’s been on.

Cynthia Hardy is the Founder and CEO of Pivot Global Partners, a global professional services firm that guides growth stage and mature companies, as well as mission based organizations, to scale and grow. Clearcover chose Hardy to assist in making tough insurance profit tradeoff decisions and building the organization’s operations. She is internationally recognized for building and shaping companies and leaders, including founding and leading an innovation and change management firm, managing profit and loss of multi-billion dollar divisions of publicly traded insurance companies, and advising start up and growth stage technology firms. Cynthia has also served on boards of education-focused organizations across the country, including the National Women’s History Museum in Washington, D.C., the Boys & Girls Club of Harlem, Community in Schools of Chicago, and the Institute for Student Achievement in New York.

Atif Rafiq is a seasoned executive working over 25 years at the heart of innovation across e-commerce, the digitization of traditional business, direct to consumer business models, autonomous vehicles and more. Clearcover is thrilled to bring on this seasoned technology operator and executive who has performed at a high level with some of the best companies in the world. As Global Chief Digital Officer at McDonald's, where he became the first CDO within the Fortune 100, he led a global effort to digitize consumer experience, which resulted in billions of new revenue and growth in customer relationships. He later took on expanded roles at Volvo (CDO and CIO) and MGM Resorts (President) where he managed large scale operations, while also creating new products and business models to help these companies grow. Rafiq is a current board member of KINS Capital and, previously, betMGM and Defy Ventures.

Clearcover started this year by securing $200 million in Series D funding. The company has also grown its agency business in 2021 by partnering with nationwide providers such as Bankrate, Smart Choice, Salty Dot and more. In addition, Clearcover became the first auto insurance company to launch deals in the NCAA NIL era after announcing an “Inspired Underdogs” program, committing to provide a select number of $10,000 sponsorship contracts to “underdog” or walk-on college athletes.

About Clearcover
Clearcover is a tech-driven car insurance company that delivers exceptional coverage at a great price and gives you everything you need to make the smartest decisions at every step. Through our award-winning app we offer the industry’s fastest claims, easy payments and convenient policy management. All on your phone! Learn more at https://clearcover.com/ and keep in touch at @clearcover or https://www.facebook.com/Clearcoverinc/.

CHICAGO, IL -- September 7, 2021 -- Clearcover Insurance Company today announced a new partnership with Smart Choice®. Independent agents in Smart Choice’s network will now have access to sell Clearcover’s personal auto product in select states with plans for future state expansion.

“Smart Choice’s impressive network of more than 8,700 agents in 45 states made the partnership a great fit,” says Nick Shutwell, Senior Vice President of Growth at Clearcover. “We are delighted to expand the number of agencies we partner with, as we continue to gain momentum and widen our distribution footprint.”

The benefits of this new partnership include:

• More choices: Smart Choice agents and customers gaining access to Clearcover’s auto product in all 18 of Clearcover’s live states
• A new insurtech experience: Smart Choice agents and customers benefiting from Clearcover’s innovative technology, industry leading claims experience, and Clearcover’s support team with a 90%+ satisfaction rating
• Independent agency expansion: Clearcover continuing to expand their agency distribution reach, aided by the launch of new states

"Smart Choice is pleased to partner with Clearcover. We know our agency partners will benefit from Clearcover’s innovative technology in the auto insurance space,” said Smart Choice Senior Vice President Ashley Wingate. “We are most impressed by the ease of use of the Clearcover quoting platform and their commitment to the Independent Agency Channel."

About Clearcover
Clearcover is the smarter car insurance choice, offering better coverage for less money. Clearcover’s API-first approach enables customers to have great insurance at affordable rates. The company’s powerful technology coupled with their dedicated Customer Advocate Team ensures a quality experience. Backed by one of the world’s biggest reinsurers and built for modern drivers, Clearcover makes it easy to get reliable car insurance in minutes.

For more information, or to partner with Clearcover, please visit https://clearcover.com/. Connect with us on Twitter: @Clearcover, Facebook: facebook.com/clearcoverinc or LinkedIn: https://www.linkedin.com/company/clearcover-inc./

About Smart Choice:
The Smart Choice® Agents Program is a wholly owned program of Worldwide Insurance Network, Inc. (WIN), headquartered in High Point, North Carolina. They currently serve 8,700 agency partners in 45 states. For more information, visit http://www.smartchoiceagents.com.

Chicago, IL – July 14, 2021 –Today, Clearcover, the smarter car insurance choice, announced it will be sponsoring NCAA athletes for the 2021-22 school year. Clearcover is the first auto insurance company to support individual student-athletes in the NIL era, pledging $10,000-per-player in this first of its kind endorsement deal.

The sponsorship is not limited to one particular sport, but rather focuses on athletes with unique stories and journeys. A mission close to the heart of Clearcover CEO and co-founder Kyle Nakatsuji, who battled through two torn ACL’s in high school to walk on to the University of Wisconsin-Madison and University of Wisconsin-Oshkosh football teams.

“We’re excited to partner with NCAA student-athletes, specifically underdogs and walk-ons, to bring recognition to these resilient players,” said Nakatsuji. “When we started Clearcover, we knew we were entering an industry that’s been dominated by powerful incumbents. So, we had to embrace the idea of being an underdog, and we still do today—it’s one of our core values. Our team knows what it looks like to face adversity with courage and tenacity, and to put in the behind-the-scenes effort each day to play the long game—and win.”

The first Clearcover athlete is Tailon Leitzsey, a senior on the University of Illinois football team. He has risen through adversity to achieve athletic and academic success. Leitzsey is a defensive back who slept in his car across the street from Memorial Stadium while fighting for a walk-on spot as a sophomore in 2018. He worked two jobs over the course of three seasons with the Fighting Illini before earning a full scholarship this April from Head Coach Bret Bielema. Leitzsey earned a bachelor's degree in Kinesiology and has a nine-month-old daughter, Kairi.

"I know firsthand that walk-ons and underdogs are some of the most resilient, passionate, and dedicated athletes out there. There’s a lot of sweat and hard work involved without a lot of glory—or even support, in some cases," Nakatsuji added. “So we're going to find these types of college athletes and honor their hard work and dedication.”

Clearcover is partnering with Opendorse, the industry-leading athlete endorsement marketplace, that is currently used by over 30,000 college athletes. Clearcover will use the platform to source athletes and manage deals from pitch to payment. Athletes will be invited to complete an application process to share their background and tell their underdog story. Individuals who embody what it means to be an underdog and best represent the brand will be selected.

Underdog or walk-on college athletes can submit their application by going to bit.ly/ClearcoverUnderdog.

About Clearcover
Clearcover is the smarter car insurance choice, offering better coverage for less money. Clearcover’s API-first approach enables customers to have great insurance at affordable rates. The company’s powerful technology coupled with their dedicated Customer Advocate Team ensures a quality experience. Backed by one of the world’s biggest reinsurers and built for modern drivers, Clearcover makes it easy to get reliable car insurance in minutes.

For more information, or to partner with Clearcover, please visit https://clearcover.com/. Connect with us on Twitter: @Clearcover, Facebook: facebook.com/clearcoverinc or LinkedIn: https://www.linkedin.com/company/clearcover-inc./

About Opendorse
Opendorse is the sports technology company that maximizes endorsement value for athletes. Today more than 45,000 athletes around the world use Opendorse to understand, build, protect, and monetize their brands with support from partners including the PGA TOUR, NHL, NFLPA, MLBPA, WNBPA, LPGA, over 100 professional and collegiate sports teams, and hundreds of brands. From All-Americans to All-Pros – when athletes connect with their organizations, brands, or fans – they do it with Opendorse.

FOR PRESS INQUIRIES
press@clearcover.com

CHICAGO, IL -- June 15, 2021 -- Clearcover, the smarter car insurance choice, has named Elan Mosbacher Chief Business Officer. The well-known and respected Chicago executive has nearly fifteen years of experience scaling venture capital backed technology businesses. In this newly created position, Mosbacher will focus on launching new and accelerating existing key strategic initiatives to help Clearcover scale.

“Elan and I have known each other for years and I couldn’t be more excited to welcome him to the team,” said Kyle Nakatsuji, Founder and CEO at Clearcover. “Given Elan’s diverse skill set, his role here at Clearcover will be unique with the goal of helping accelerate success in key areas of our business as we scale.”

Prior to joining Clearcover, Mosbacher held a variety of executive leadership roles at SpotHero where he built and led the marketing, product strategy, business development, vertical general management and executive teams as the company grew from seed funding into one of the biggest consumer marketplace businesses in North America. Before SpotHero, Elan was an early employee at both Sandbox Industries portfolio company Doggyloot (acquired by GreaterGood) and DialogTech (acquired by Invoca). Mosbacher holds an MBA from Northwestern and a BS in Finance from the University of Maryland.

“I’m thrilled to join the Clearcover team and help continue to accelerate the company’s momentum.” said Mosbacher, CBO at Clearcover. “Having known Kyle for quite some time, I’m excited to work with such a talented team. Clearcover is poised to be one of Chicago’s next big technology businesses and helping make that happen will be my goal from day one.”

Mosbacher’s hire comes on the heels of an exciting start to 2021 for Clearcover. The company closed $200 million in Series D funding in April, raising $329 million in total funding to date. Mosbacher joins Clearcover as its third newest addition to the C-suite, following recent additions Chief Financial Officer Norman Smagley and Chief Insurance Officer Vandana Venkat.

In the past four years, Clearcover has grown from 30 employees to more than 245. This year Clearcover plans to hire close to 200 more people across engineering, product, and insurance. For more information, visit Clearcover/Careers.

About Clearcover
Clearcover is the smarter car insurance choice, offering better coverage for less money. Clearcover’s customer-first, service-focused model powered by advanced technology delivers a convenient, reliable and affordable experience. Built for today’s driver, Clearcover takes the guesswork out of car insurance, making it easy to save money and get insured in minutes. Learn more at https://clearcover.com and view open job postings at https://clearcover.com/careers/. Keep in touch at @clearcover or https://www.facebook.com/Clearcoverinc/.

Media Contact
Kelsey Glynn
press@clearcover.com

Chicago, IL – June 10, 2021 – Clearcover Insurance Company today announced a new partnership with bolt access. This partnership will expand Clearcover’s offering to bolt access’ agent footprint through bolt’s digital insurance distribution platform.

“At Clearcover, we strive to make insurance as simple as possible for agents and their customers,” said Nick Shutwell, Senior Vice President of Growth. “Our partnership with bolt access is a great way for us to provide our digital experience to an agency partner with deep roots in the industry.”

“We're thrilled to welcome our newest partner, Clearcover, to the bolt access platform," said Eric White, Executive Vice President of Distribution. "We are both dedicated to the success of independent agents nationwide. This partnership provides our agents new opportunities to quote their clients affordable auto insurance with new digital capabilities such as accessing their ID cards with the touch of a button. Working with Clearcover supports our goal of providing independent agents a fast, efficient, and flexible platform that enables their businesses.”

The benefits of this new partnership include:

• More Customer Choice: bolt access agents in 15 of Clearcover’s states will be able to offer Clearcover’s digital personal auto product alongside other A-rated auto, home, and commercial carriers.
• Improved Digital Capabilities: Clearcover and bolt access’ partnership will make access to a digital marketplace with digital insurance solutions easier and more efficient for customers.

About Clearcover
Clearcover is the smarter car insurance choice, offering better coverage for less money. Clearcover’s API-first approach enables customers to have great insurance at affordable rates. The company’s powerful technology, coupled with their dedicated Customer Advocate Team, ensures a quality experience. Backed by one of the world’s biggest reinsurers and built for modern drivers, Clearcover makes it easy to get reliable car insurance in minutes.

For more information, or to partner with Clearcover, please visit https://clearcover.com/. Connect with us on Twitter: @Clearcover, Facebook: facebook.com/clearcoverinc or LinkedIn: https://www.linkedin.com/company/clearcover-inc./

About bolt access
bolt access is an online property and casualty insurance wholesaler, uniting independent insurance agents with the carriers they need on a single platform. It’s SaaS (Software as a Service) platform delivers a best-in-class customer experience by digitally connecting agents to personal, commercial, and specialty insurance products. Currently, bolt access has more than 50 insurance carriers and thousands of insurance agencies producing more than $29 million in new business premium per year.

For more information on how to join please visit: https://access.boltinsurance.com/

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press@clearcover.com

Chicago, IL – June 8, 2021 – Clearcover today announced a new partnership with Goosehead Insurance. This partnership will expand Clearcover’s offering to Goosehead corporate and franchise locations in 11 states and includes over 1,000 agents.

“Goosehead’s customer-centric strategy coupled with their world-class service experience is a key differentiator in the insurance industry,” says Nick Shutwell, Senior Vice President of Growth at Clearcover. “Partnering with a rapidly growing and innovative company such as Goosehead will ensure we are providing the best possible experience for our mutual policyholders.”

The benefits of this new partnership include:

• Clearcover’s digital auto product accessible to Goosehead corporate and franchise locations in 11 states, with plans for future expansion
• Car insurance customers experience a seamless experience with one of Goosehead’s expert agents, as Goosehead has a 97.8% customer satisfaction rating

"At Goosehead, we're focused on providing curated, thoughtful insurance offerings for our clients, and our partnership with Clearcover Insurance reflects that commitment to choice," said Michael Colby, President and Chief Operating Officer at Goosehead. “Clearcover’s technology and customer-centric approach is a natural fit for Goosehead, as we strive to make the process of getting insurance even more efficient.”

Clearcover and Goosehead’s partnership will provide the auto insurance industry with a true concierge experience, working with world-class agents and cutting-edge technology.

Clearcover is the smarter car insurance choice, offering better coverage for less money. Clearcover’s API-first approach enables customers to have great insurance at affordable rates. The company’s powerful technology coupled with their dedicated Customer Advocate Team ensures a quality experience. Backed by one of the world’s biggest reinsurers and built for modern drivers, Clearcover makes it easy to get reliable car insurance in minutes.

For more information, or to partner with Clearcover, please visit https://clearcover.com/. Connect with us on Twitter: @Clearcover, Facebook: facebook.com/clearcoverinc or LinkedIn: https://www.linkedin.com/company/clearcover-inc./

Goosehead (NASDAQ: GSHD) is a rapidly growing and innovative independent personal lines insurance agency that distributes its products and services throughout the United States. Goosehead was founded on the premise that the consumer should be at the center of our universe and that everything we do should be directed at providing extraordinary value by offering broad product choice and a world-class service experience. Goosehead represents over 140 insurance companies that underwrite personal lines and small commercial lines risks, and its operations include a network of ten corporate sales offices and over 1,628 operating and contracted franchise locations. For more information, please visit gooseheadinsurance.com.

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press@clearcover.com

Chicago, IL -- April 13, 2021 -- Clearcover, the smarter car insurance choice, announced today it has closed $200 million in Series D funding, led by Eldridge, with participation from existing investors American Family Ventures, Cox Enterprises, OMERS Ventures, as well as several other new investors. Clearcover has raised $329 million in total funding to date. This recent round of funding positions Clearcover as the company to watch in an industry that continues to experience accelerated digital transformation.

Clearcover’s mission is to become the digital auto insurer of choice for modern drivers. The funding will accelerate innovation of the Company’s digital insurance offerings by investing in and growing its insurance, product, and engineering teams, and will double its overall headcount by next year.

“The car insurance experience is becoming increasingly digital and customers want streamlined, customizable options when choosing a carrier,” said Kyle Nakatsuji, Co-founder and CEO of Clearcover. “In an industry ripe for transformation, we see ourselves as innovators in digital car insurance experiences while providing our customers more value for less money. This new capital will allow us to continue our growth across the country, providing better insurance to more customers.”

Clearcover automates traditionally manual insurance tasks with modern technology, resulting in lower operational costs. These savings are then passed on to the customer in the form of lower prices. More than 65% of consumers who adopted digital claims handling practices during the pandemic intend to continue those habits post-COVID, according to a McKinsey & Co. survey. Clearcover has led the car insurance industry with innovations such as Clear Claims™, an advancement in the digital claims process that provides payment on eligible claims within 30 minutes or less.

“Clearcover’s technology-first platform offers customers a fast, affordable alternative to legacy auto insurance,” said Todd Boehly, Chairman and CEO of Eldridge. “As the industry continues to evolve from analogue to digital, Clearcover is well positioned to scale while delivering a competitive product and better experience to consumers across the US.”

This funding round comes on the heels of an exciting 2020 for Clearcover. The Company expanded into several new states and is now available in Arizona, California, Georgia, Illinois, Indiana, Louisiana, Maryland, Missouri, Nebraska, Ohio, Oklahoma, Pennsylvania, Texas, Utah, and Wisconsin. The Company also announced two new additions to its C-suite, Chief Financial Officer Norman Smagley and Chief Insurance Officer Vandana Venkat. Clearcover was recently named a Glassdoor 2021 Best Place to Work and was named one of Inc. Magazine’s Best Workplaces of 2020.

Financial Technology Partners (“FT Partners”) served as exclusive advisor to Clearcover and its Board of Directors.

About Clearcover

Clearcover is the smarter car insurance choice, offering better coverage for less money. Clearcover’s customer-first, service-focused model powered by advanced technology delivers a convenient, reliable and affordable experience. Built for today’s driver, Clearcover takes the guesswork out of car insurance, making it easy to save money and get insured in minutes. Learn more at https://clearcover.com/ and view open job postings at https://clearcover.com/careers/. Keep in touch at @clearcover or https://www.facebook.com/Clearcoverinc/.

About Eldridge

Eldridge invests in businesses across the Insurance, Credit, Technology, Real Estate, Sports, Media, and Consumer landscapes. The firm seeks to build and grow businesses led by proven management teams that have demonstrated leadership and experience to scale an enterprise. Eldridge is headquartered in Greenwich, Connecticut, with additional offices in Beverly Hills, New York, and London. To learn more about Eldridge, please visit www.eldridge.com.

Media contacts
For Clearcover:
Joel Richardson
joel@meetkickstand.com

For Eldridge:
Nadia Damouni
ndamouni@prosek.com
212.518.8012

Chicago, IL (January 12, 2021) — Clearcover, the smarter car insurance choice, has been honored with a Glassdoor Employees’ Choice Award in the U.S. small and medium company category, recognizing the Best Places to Work in 2021. The Employees’ Choice Award, now in its 13th year, is based solely on the input of employees, who elect to provide anonymous feedback by completing a company review about their job, work environment and employer on Glassdoor, the worldwide leader on insights about jobs and companies.

“We’re thrilled to be recognized by Glassdoor as one of the best places to work in 2021,” said Kyle Nakatsuji, CEO and co-founder of Clearcover. “I’m incredibly proud of the strong culture we’ve built here and how we continue to become a better company every day. We’re excited to enter this new year with this prestigious recognition and look forward to the future.

“COVID-19 is in the driver’s seat and every employer has been impacted. This year’s winning employers have proven, according to employees, that even during extraordinary times, they’ll rise to the challenge to support their people,” said Christian Sutherland-Wong, Glassdoor chief executive officer. “A mission-driven culture, transparent leadership and career opportunities are always hallmarks of Best Places to Work winners. This year, we also see exceptional employers who have prioritized the health, safety and well-being of their employees. My congratulations go to all of this year’s outstanding Employees’ Choice Award winners.”

On Glassdoor, current and former employees voluntarily and anonymously share insights and opinions about their work environments by sharing a company review, designed to capture a genuine and authentic inside look at what a specific job may be like at a particular company. When sharing a company review on Glassdoor, employees are asked to rate their satisfaction with the company overall, and key workplace factors like career opportunities, compensation and benefits, culture and values, senior management and work/life balance. In addition, employees are asked to describe the best reasons to work at their companies as well as any downsides.

Glassdoor’s Best Places to Work were determined using company reviews shared by U.S.-based employees between October 22, 2019 and October 19, 2020. To be considered for the U.S. small and medium company category, a company must have had fewer than 1,000 employees and have received at least 30 ratings across each of the eight workplace attributes (overall company rating, career opportunities, compensation and benefits, culture and values, senior management, work-life balance, recommend to a friend and six-month business outlook) from U.S.-based employees during the period of eligibility. The final list is compiled using Glassdoor’s proprietary algorithm, led by its Economic Research Team, and takes into account quantity, quality and consistency of reviews. Complete awards methodology can be found here: https://www.glassdoor.com/Award/index.htm

For the complete list of the Glassdoor Best Places to Work winners in 2021, please visit: https://www.glassdoor.com/Award/Best-Small-and-Medium-Companies-to-Work-For-LST_KQ0,43.htm

About Clearcover

Clearcover is the smarter car insurance choice, offering better coverage for less money. Clearcover’s customer-first, service-focused model powered by advanced technology delivers a convenient, reliable, and affordable experience. Built for today’s driver, Clearcover takes the guesswork out of car insurance, making it easy to save money, get insured, and get serviced on the go. Learn more at https://clearcover.com/ and keep in touch at @clearcover or visit https://www.facebook.com/Clearcoverinc/.

About Glassdoor

Glassdoor combines all the latest jobs with millions of reviews and insights to make it easy for people everywhere to find a job and company they love. As a result, Glassdoor helps employers hire truly informed candidates at scale through effective recruiting solutions like employer branding and employee insights products. Launched in 2008, Glassdoor now has reviews and insights for more than 1.3 million companies located in more than 190 countries. For more information, visit glassdoor.com.

Copyright © 2008-2020, Glassdoor, Inc. "Glassdoor" and logo are proprietary trademarks of Glassdoor, Inc.

Media Contact: pr@glassdoor.com

CHICAGO, IL -- October 21, 2020 -- Clearcover, the smarter car insurance choice, has announced Clear Claims, which advances the company’s digital claims process by offering drivers instant auto insurance claims processing and payment issuance for eligible claims faster than any other carrier. With the Clearcover app, once a claim is submitted, Clearcover automates coverage validation and determines eligibility instantly using a new machine learning model. Partnering with Snapsheet, a pioneer in cloud-native claims management solutions, this digital-first approach will make it possible for customers to have payment issued on eligible claims in as little as 13 minutes of submission -- an industry-leading claim adjustment turnaround time.

While many carriers average five to seven days to process claims, with the introduction of Clear Claims, Clearcover is the first insurer with the ability to process an auto claim instantly using machine learning. By using its proprietary artificial intelligence technology, ClearAI, Clear Claims ingests policy history along with First Notice of Loss (FNOL) information, while optimizing for the reduction of claim fraud.

Clear Claims integrates with the Snapsheet Claims platform to support end-to-end claims management. For eligible claims, this process replaces manual claim reviews, which typically require asking drivers to submit police report information and speak with claims adjusters, which can slow down the process. Once ClearAI has validated a claim and assessed risk of fraud, Snapsheet considers the Clearcover fraud score and triggers an automated, rule-based process to initiate payment of a claim, which further supports the digital claims experience.

"People expect filing a car insurance claim to be a painful and drawn out process. But at Clearcover we are committed to creating better insurance experiences, most importantly when you need to file a claim," said Kyle Nakatsuji, Co-Founder and CEO of Clearcover. "Clear Claims is the first of many enhancements we are building into our claims experience that will change the way people think about filing a claim. Our integration of machine learning lowers operating costs and enables us to offer our customers lower prices. It really is a win-win."

Clear Claims builds upon Clearcover’s digital-first approach and continues to support customers who prefer streamlined, digital experiences. This also adds to Clearcover’s digital innovations that have enabled it to reduce LAE costs in its model, the result of which is lower prices for customers and validation that economic improvements are being driven by digitizing historically analog processes.

For more information about the Clearcover Clear Claims offering, visit www.Clearcover.com/claims

About Clearcover

Clearcover is the smarter car insurance choice, offering better coverage for less money. Clearcover’s API-first approach enables customers to have great insurance at affordable rates. The company’s powerful technology coupled with their dedicated Customer Advocate Team ensures a quality experience. Backed by one of the world’s biggest reinsurers and built for modern drivers, Clearcover makes it easy to get reliable car insurance in minutes.

To learn more, visit: https://clearcover.com/ Connect with us on Twitter: @Clearcover, Facebook: facebook.com/clearcoverinc or LinkedIn: https://www.linkedin.com/company/clearcover-inc./

Media Contact:
press@clearcover.com
949-533-6856

FOR PRESS INQUIRIES
press@clearcover.com

Chicago, IL (August 26, 2020) - Clearcover, the smarter car insurance choice, today announced two new executive hires, Norman Smagley as Chief Financial Officer and Vandana Venkat, as Chief Insurance Officer.

Smagley has over 25 years of experience under his belt, serving as a Chief Financial Officer for a variety of both public and private equity-backed companies across industries including technology, financial services, pharmaceutical, retail, industrial, and publishing.

Prior to joining Clearcover, Smagley served as the Chief Financial Officer at Esono, where he helped more than double the company’s revenue through both acquisition and organic growth in just over a two year period. As the Chief Financial Officer and Executive Vice President of Gogo LLC, Smagley helped scale the company from under $100M to $700M in revenue. In the process, he built a world-class finance team and guided the company through its IPO. Prior to that, Smagley served for eight years as Senior Vice President and Chief Financial Officer of Rand McNally, where he orchestrated a pivot from publishing to digital products. He holds a master’s degree in finance and a bachelor’s degree in economics from The Wharton School of the University of Pennsylvania.

Venkat has more than 15 years of experience in the Property and Casualty insurance industry. Her recent roles include leadership positions at PURE Insurance, Allianz, and Progressive. Venkat has a proven track record of delivering results through building and developing high performing practices. Her areas of expertise include insurance product management, launching innovative products, direct marketing, and predictive analytics. She holds a master's degree from the University of Illinois in Applied Mathematics and Operations Research.

This announcement comes on the heels of another year of explosive growth for Clearcover. In January, the company closed a $50M Series C, bringing total funding to more than $104 million since its 2016 founding. Clearcover recorded sales growth of 120% year-over-year in Q2 of 2020, and is rapidly approaching the $100 million run rate milestone. In addition, the company continues to build momentum through COVID-19 as well, hiring upwards of 50 new full-time employees since March. The brand was also selected as one of the recipients of Inc.’s 2020 Best Workplaces Award.

“The opportunity in front of us is massive. To fully capture it, we need talent with great depth and experience,” said Kyle Nakatsuji, Co-Founder and CEO of Clearcover. “Norm and Vandana each add to that depth and will be key leaders in our organization as we scale our business and continue to deliver exceptional products and thoughtful experiences to our customers and partners. We’re particularly proud they have chosen to continue their already successful careers at Clearcover because both are also proven cultural leaders who share our passion for building great workplaces and developing team members at all levels.”

Based in Chicago, Clearcover has hired 120 new team members over the last 12 months. Clearcover targeted its hiring on leadership roles that would help the company achieve long-term strategic initiatives and would enhance an already strong corporate culture. The strength of the culture is a result of its commitment to its Core Values philosophy and its belief that in order to win in a competitive industry all team members must be naturally curious and have a bias towards action.

Today, Clearcover is available in Arizona, California, Illinois, Ohio, Louisiana, Texas, Utah, and Wisconsin, with further plans to expand in the coming months. The company is on a quest to build a digital insurance company for the digital customer to make insurance more convenient in the moments a customer needs it.

To learn more about joining Clearcover’s team, visit here: https://clearcover.com/careers/.

About Clearcover

Clearcover is the smarter car insurance choice, offering better coverage for less money. Clearcover’s customer-first, service-focused model powered by advanced technology delivers a convenient, reliable, and affordable experience. Built for today’s driver, Clearcover takes the guesswork out of car insurance, making it easy to save money, get insured, and get serviced on the go. Learn more at https://clearcover.com/ and keep in touch at @clearcover or visit https://www.facebook.com/Clearcoverinc/.

DETROIT, Mich. August 25, 2020 -- Following today's approval by the Michigan Strategic Fund, the rapidly growing insurance-tech company Clearcover announced their plans to hire up to 303 employees and establish a new customer operations hub in the City of Detroit, the company's first large-scale expansion outside of its Chicago headquarters.

Founded in 2016, Clearcover is a leading disruptor in the car insurance industry that has gained prominence for its technology-led business model and superior digital platform. The company has leveraged this core competency, along with an emphasis on customer service, to provide consumers with better coverage at lower prices and compete with some of the most well-established insurance brands in the market.

Clearcover chose Detroit after a months-long search process led by their site selection advisors at CBRE.

"Detroit’s resiliency and knack for innovation was evident throughout our search. Clearcover is excited about the opportunity to build meaningful partnerships in the city it will soon call home and ensure that our new presence provides real opportunity for Detroiters," said Heidi Craun, Michigan native and Clearcover Head of Customer Experience.

The Detroit Regional Partnership (DRP) first engaged with Clearcover as part of its Chicago Trade Mission in February 2020. This is when the DRP team learned that Detroit was going to be considered for the company's new customer operation hub and was engaged as the lead economic development agency to support the company's investigation of the Detroit market.

The Detroit Regional Partnership aligned with the Michigan Economic Development Corporation (MEDC) and Detroit Economic Growth Corporation (DEGC) to support the location search, including an impactful one-day market visit to Detroit in March. This visit also featured a testimonial and support from Rock Ventures and Bedrock.

"The Detroit Regional Partnership is incredibly excited to welcome Clearcover to the Detroit Region. Clearcover joins a community of innovators in the region who have utilized new technology to improve the customer experience in traditional financial services industry," said Maureen Donohue Krauss, President & CEO, Detroit Regional Partnership.

Due to the ongoing COVID-19 pandemic, Clearcover will be hiring and operating its new Detroit hub in a remote setting to ensure the absolute health and safety of employees. The company hopes to establish a formal, brick and mortar office in the city's central business district.

"I’m grateful for the partnership between the MEDC, DEGC and private sector partners to bring this exciting project across the finish line. Once the DRP discovered this opportunity, we acted fast to assemble a group of ambassadors that could best deliver Detroit's business case," said Will Butler, Senior Business Development Manager, Detroit Regional Partnership.

About Clearcover
Clearcover is the smarter car insurance choice, offering better coverage for less money. Clearcover's customer-first, service-focused model powered by advanced technology delivers a convenient, reliable and affordable experience. Built for today's driver, Clearcover takes the guesswork out of car insurance, making it easy to save money, get insured, and get serviced on the go. Learn more at clearcover.com.

The Detroit Regional Partnership is a public-private economic development organization focused on marketing and business attraction for the 11-county Southeast Michigan region. www.DetroitRegionalPartnership.com.

CHICAGO, Ill. January 3, 2020 -- Clearcover, the smarter car insurance choice, has been named to Inc. magazine’s annual list of the Best Workplaces for 2020. Hitting newsstands May 12 in the May/June 2020 issue, the list is the result of a wide-ranging and comprehensive measurement of private American companies that have created exceptional workplaces through vibrant cultures, values-driven employee engagement, and stellar benefits.

After over 3,000 submissions, Inc. singled out 395 finalists for this year's list. Each nominated company took part in an employee survey, conducted by Quantum Workplace, on topics including trust, management effectiveness, perks, and confidence in the future. "Clearcover's culture is defined by our operating principles featured right on our website. We believe that behavior is a signal for values and that culture is defined by the behaviors we promote, encourage, or demand," shared Vikki Caruso, SVP of People for Clearcover. "I’m incredibly proud of the workplace that each of our employees has helped create. People feel personally represented, including our remote workforce, and everyone feels confident in our future despite current challenges. This accolade is a testament to the company's optimism and resilience; we're thrilled to have made the list."

"Building a great corporate culture comes only from strong leadership," says Inc. magazine editor-in-chief Scott Omelianuk. "The companies on Inc.'s Best Workplaces list are setting an example that the whole country can learn from, especially now, when company culture is more important to the workforce than ever."

To learn more about joining Clearcover's team, visit clearcover.com/careers/

About Clearcover
Clearcover is the smarter car insurance choice, offering better coverage for less money. Clearcover's customer-first, service-focused model powered by advanced technology delivers a convenient, reliable and affordable experience. Built for today's driver, Clearcover takes the guesswork out of car insurance, making it easy to save money, get insured, and get serviced on the go. Learn more at clearcover.com and keep in touch at @clearcover or www.facebook.com/Clearcoverinc/.

About Inc. Media
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

About Quantum Workplace
Quantum Workplace, based in Omaha, Nebraska, is an HR technology company that serves organizations through employee-engagement surveys, action-planning tools, exit surveys, peer-to-peer recognition, performance evaluations, goal tracking, and leadership assessment. For more information, visit QuantumWorkplace.com.

Media Contact:
press@clearcover.com
312-780-9614

CHICAGO, Ill. January 3, 2020 -- Clearcover, the smarter car insurance choice, today announced that it has closed $50 million in Series C funding, led by OMERS Ventures. This round follows the company's $43 million Series B, which closed in January 2019, and brings Clearcover's total funding to more than $104 million since its 2016 founding. Previous investors American Family Ventures, Cox Enterprises and IA Capital Group also participated in the round. Michael Yang, managing partner at OMERS Ventures, will join Clearcover's board.

Clearcover will use the funding to continue building the technology powering its industry-leading cost efficiency and customer experiences. In addition, the new capital will allow Clearcover to accelerate growth by continuing its expansion in existing markets and launch in new states throughout the U.S., and integrating additional distribution channels in the automotive and financial services space. The team will double its current headcount across product, engineering and data science with local and remote options.

"The market is taking notice of how Clearcover is redesigning the model of running an insurance company in further service of customers. OMERS Ventures brings a wealth of resources and experience to support scaling our business, making them the ideal partner as we take on the next stage of growth," said Kyle Nakatsuji, Co-Founder and CEO of Clearcover. "This investment enables us to continue delivering better coverage – for up to 230 million licensed US drivers – for less money."

"We are excited to support Clearcover's mission to disrupt the future of auto insurance," said Michael Yang, managing partner at OMERS Ventures. "Clearcover's business strategy and technology foundation for sustaining a long-term competitive advantage, combined with its vision for the modern customer experience, is incredibly compelling. We believe in Kyle Nakatsuji and the entire Clearcover team to revolutionize the insurance industry and deliver significant value for their customers."

In 2019, Clearcover tripled policy sales year over year while quadrupling premium. Currently available in Arizona, California, Illinois, Ohio and Utah, Clearcover is on a quest to become a full-stack carrier in all 50 states and expand its partnership footprint to make insurance more convenient when a customer needs it.

About Clearcover
Clearcover is the smarter car insurance choice, offering better coverage for less money. Clearcover's customer-first, service-focused model powered by advanced technology delivers a convenient, reliable and affordable experience. Built for today's driver, Clearcover takes the guesswork out of car insurance, making it easy to save money and get insured in minutes. Learn more at clearcover.com and keep in touch at @clearcover or www.facebook.com/Clearcoverinc/.

About OMERS
OMERS is one of Canada's largest defined benefit pension plans, with $97 billion in net assets as of December 31, 2018. With employees in our offices in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, Sydney and other major cities across North America and Europe, OMERS invests and administers pensions for more than half a million active, deferred and retired employees of 1,000 municipalities, school boards, libraries, police and fire departments, and other local agencies in communities across Ontario.

OMERS Ventures currently manages $1 billion and has made more than 45 investments in disruptive technology companies across North America and Europe. www.omersventures.com.

Media Contact:
press@clearcover.com
312-780-9614

CHICAGO, January 22, 2019 (GLOBE NEWSWIRE) -- Clearcover, the smarter car insurance choice, announced today a Series B financing round of $43M led by Cox Enterprises, the media, communications and automotive services company. Additional investors include American Family Ventures, IA Capital Group, Lightbank, and Hyde Park Angels, while Silicon Valley Bank provided debt financing. Clearcover’s technology-driven approach, including its industry-first API platform, has enabled the company to provide high-quality, affordable car insurance to thousands of drivers since launching in early 2018.

“It’s gratifying to see our customer-focused, technology-driven business model resonating with the market and we’re excited to partner with Cox Enterprises on our mission to provide millions of drivers across the US with better insurance experiences and lower prices,” said Kyle Nakatsuji, CEO of Clearcover. “We’ll use the funding to further invest in our API platform, launch new states, integrate new distribution partners and hire more than fifty people across our Engineering, Data Science and Customer Advocate Teams.”

“Cox Enterprises is proud to take a leading role in accelerating and supporting innovation within the car insurance industry. With the rise of new digital platforms, drivers can now find better, non-traditional insurance options and Clearcover is positioned to make a huge impact in a roughly $250 billion market,” said Spencer Boice, Senior Director of Strategy and Corporate Development at Cox Enterprises. “Clearcover shares our vision of using data and technology to drive smarter connections and more convenience online.”

Since launching in California in February 2018, Clearcover has rapidly grown its API platform relationships, sold thousands of policies, and helped drivers collectively save millions of dollars on car insurance. The company has integrated with a variety of distribution partners across the automotive, insurance and financial services industry, including Cars.com, The Zebra, and Chime, and will be rapidly expanding both its state footprint and partnerships in 2019.

To learn more about Clearcover, visit: https://clearcover.com.

To learn more about partnering with Clearcover, visit: https://clearcover.com/api/

To see Clearcover’s open positions, visit: https://clearcover.com/careers

About Clearcover
Clearcover is the smarter car insurance choice, offering better coverage for less money. The company combines modern technology with a customer-focused mindset to deliver a convenient experience, reliable service and affordable prices. Backed by one of the world’s biggest reinsurers and built for the modern world, Clearcover makes it easy to save money and get insured in minutes.

Additional Resources:
Read SMARTER, the Clearcover blog: https://blog.clearcover.com
Follow Clearcover on Twitter: https://twitter.com/clearcover
Connect with Clearcover on Facebook: https://www.facebook.com/Clearcoverinc

Media Contact:
press@clearcover.com
312-780-9614

CHICAGO, September 12, 2018 (GLOBE NEWSWIRE) -- Clearcover, the smarter car insurance choice, today announced the expansion of its API offerings. Companies such as automotive shopping sites, car manufacturers, price comparison engines, online retailers, financial service providers and relevant consumer technology platforms can now complement their offerings with the addition of Clearcover car insurance. Customers will enjoy the ease of purchasing a Clearcover policy online, competitive pricing, reliable service and claims support, and helpful mobile app.

“Selling auto insurance is a complex process. That’s why the industry has been relying on the same distribution methods for the last 30 years. Unfortunately, those methods have failed to keep up with rapidly changing consumer behaviors,” said Adam Fischer, VP of Product at Clearcover. “We designed our APIs with two goals in mind: help make the purchasing process easy and cost-effective for our customers, and help make the integration process seamless for our partners so they can easily tap into the $231 billion US auto insurance market.”

The expanded API offerings are the latest example of Clearcover’s smart technology making car insurance more convenient and affordable. The Clearcover API platform dynamically automates key portions of the insurance process including the data collection, price viewing and changes to coverage elections. The API options in order of integration depth include:

• Smart Link™ - Partners of all types are able to pass basic data via URL instead of an API call, allows for a landing page experience.
• LeadAPI™ – Allows partners from various industries outside insurance to share data and present Clearcover directly to their customers before they transfer over to complete the purchase.
• QuoteAPI™ – Partners gather all necessary data on their side to receive back a Clearcover auto insurance quote before the user completes the final purchase steps within the Clearcover environment.

Earlier this year, Clearcover first tested QuoteAPI™ before launching Smart Link™ and LeadAPI™. The company is currently working with twenty various types of partners across the automotive, insurance and financial services industry.

To learn more about the Clearcover API offerings, visit: https://clearcover.com/api/

About Clearcover
Clearcover is the smarter car insurance choice, offering better coverage for less money. Clearcover’s API-first approach enables customers to have great insurance at affordable rates. The company’s powerful technology coupled with their dedicated Customer Advocate Team ensures a quality experience. Backed by one of the world’s biggest reinsurers and built for modern drivers, Clearcover makes it easy to get reliable car insurance in minutes.

To learn more, visit: https://clearcover.com/ Connect with us on Twitter: @Clearcover, Facebook: facebook.com/clearcoverinc or LinkedIn: https://www.linkedin.com/company/clearcover-inc./

Media Contact:
press@clearcover.com
949-533-6856