It follows a mixed 12 months for Policygenius, which was founded in 2014 by Jennifer Fitzgerald and Francois de Lame: in March 2022, the company raised US$125mn in its latest series funding round, taking the total amount raised to date to more than $200mn. Together, Zinnia and Policygenius will offer products and services spanning life and annuities, disability, and P&C insurance The combined company will boast more than 60 carrier clients, 350 distributors and partners, and 2mn+ policyholders. US-based insurance business Zinnia has agreed to acquire digital insurance marketplace Policygenius – a deal that it says will “lay the foundation” for the industry’s first front-to-back architecture to power the insurance value chain.
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