HSCM among investors in $15.5mn fundraise for flood MGA reThought
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HSCM among investors in $15.5mn fundraise for flood MGA reThought

Bernard Goyder
02 August 2021
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reThought Insurance logo flooded street.jpg

InsurTech flood underwriter reThought has raised $15.5mn in Series A funding, led by Telstra Ventures, as the start-up looks to address the flood insurance protection gap endemic in the US market.

Other funds involved in the fundraise include Hudson Structured Capital Management (HSCM) and ArcTern Ventures.

reThought targets high-net-worth homes, mid-market commercial properties and specialty accounts, and it recently signed a capacity agreement with Skyward Specialty.

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Topics

NewsInsurTechHudson Structured Capital Management
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Bernard Goyder
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