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reThought Insurance Corporation
http://rethoughtinsurance.com/Last activity: 30.01.2023
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reThought Insurance was founded in 2017 by insurance and insurance technology professionals and is a technology-centric Managing General Agent (MGA) focused on US Commercial Flood. As an MGA, reThought offers Commercial Flood insurance on behalf of "A" rated A.M. Best rated carriers.
reThought has formed strategic relationships with insurers, reinsurers and other capacity providers to provide the path to help them profitably innovate in the Commercial Flood market. To support its partners, reThought's innovative technology solutions help solve vexing industry problems.
Commercial Flood is one of the most difficult perils to properly underwrite. It requires advanced precision and a true understanding of the risk. As a result, reThought has developed a state-of-the-art proprietary underwriting methodology and risk assessment technology. Unlike most perils, when it comes to flood, reThought knows that inches matter and takes that to new heights, enabling the most accurate and profitable means by which to visualize, assess, underwrite and price Commercial Flood.
reThought has formed strategic relationships with insurers, reinsurers and other capacity providers to provide the path to help them profitably innovate in the Commercial Flood market. To support its partners, reThought's innovative technology solutions help solve vexing industry problems.
Commercial Flood is one of the most difficult perils to properly underwrite. It requires advanced precision and a true understanding of the risk. As a result, reThought has developed a state-of-the-art proprietary underwriting methodology and risk assessment technology. Unlike most perils, when it comes to flood, reThought knows that inches matter and takes that to new heights, enabling the most accurate and profitable means by which to visualize, assess, underwrite and price Commercial Flood.
Location: United States, California, San Francisco
Employees: 11-50
Total raised: $15.5M
Founded date: 2017
Investors 11
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Funding Rounds 1
| Date | Series | Amount | Investors |
| 27.07.2021 | Series A | $15.5M | - |
Mentions in press and media 5
| Date | Title | Description |
| 30.01.2023 | ReThought Insurance completes $10.5m funding round | - |
| 01.08.2021 | reThought Raises $15.5M in Series A Funding | reThought Insurance, a Broomfield, Colo.-based tech-enabled MGA, closed a $15.5m Series A funding. The round was led by Telstra Ventures, with participation from Hudson Structured Capital Management, doing (re)insurance business as HSCM Ber... |
| 28.07.2021 | reThought raises $15.5 million Series A | Flood insurance MGA reThought Insurance reThought Insurance Founded: 2017 Headquarters: Broomfield, CO, US Total Funding: $1.86M See full company profile "> has raised a $15.5 million Series A investment round led by Telstra Venture... |
| 27.07.2021 | Flood Specialist reThought Primes for Growth with $15.5 Million Series A Raise | BROOMFIELD, Colo., July 27, 2021 /PRNewswire/ -- Tech-enabled MGA reThought Insurance has completed a $15.5 million Series A investment round that will help fund its rapid growth in the flood insurance market. Led by Telstra Ventures, the f... |
| 07.09.2018 | reThought Insurance Files Form D With the SEC | Broomfield, CO-based reThought Insurance reThought Insurance Founded: 2017 Headquarters: Broomfield, CO, US Total Funding: $1.86M See full company profile "> b.well Connected Health Founded: 2015 Headquarters: Baltimore, MD, US Tota... |