Insurance News | Business Insurance News | Business Insurance
Best Places to Work 2021
Stay updated with breaking news from Aaron Letzeiser. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Best Places to Work 2021
Obie says it managed to achieve "a significant increase" in valuation from its May 2021 Series A round.
Best Places to Work 2021
Press release content from Business Wire. The AP news staff was not involved in its creation.
Total funding: $23.2 million What it does: Uses artificial intelligence to allow owners of commercial real estate to see under the hood of their property insurance in order to make changes that reduce their premiums. Why it's hot: Cofounder Hemant Shah is the longtime CEO of Risk Management Solutions, the largest risk-analytics company. The idea behind Archipelago is to allow owners of commercial real estate to see how their insurance risk is calculated. That gives them concrete information they can use to make decisions to lower their risk and, as a result, their premiums. The data that Ar...