Propeller
Insurance · Texas, United States · 11-50 Employees
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Overview
Headquarters
2339 Commerce St Ste 110, Houston, Texas...Phone Number
(267) 489-2696Website
www.propellerbonds.comRevenue
$6.3 MillionIndustry
ZI Rank: 3
Signal Type
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ZI Rank
2
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About Propeller
Propeller is an InsurTech company that operates as an MGA, currently focused on the surety and fidelity bond market. The company utilizes a proprietary surety platform with the ability to instantly underwrite and issue surety bonds, creating efficiencies for all members of the value chain (carriers, agents, customers, and obligees).Explore more
Propeller Org Chart
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Activity Insights
Propeller is experiencing very low activity levels compared to other companies in the Insurance sector.
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Propeller is drawing exceptional interest within the Insurance industry, suggesting notable developments or strong market momentum, learn more about Propeller.
Propeller financials insights
Gather financial insights about Propeller, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2023
Angel/Seed
$6.4M
Propeller Tech Stack
A closer look at the technologies used by Propeller
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Most Recent Scoops
Funding
Promotion
Management Move
Lisa Battista has been promoted from Director, Commercial Surety Operations to the role of Surety Operations Director, Commercial.
New Hire
Management Move
Lisa Battista has been named Surety Operations Head of Commercial. Previously, Battista served as Senior Underwriter - Commercial Surety at United Casualty & Surety Insurance.
New Hire
Management Move
Propeller News & Media
Propeller Announces Credit-Based Contract Surety Underwriting Program up to $1 Million
PHILADELPHIA, Aug. 23, 2022 /PRNewswire/ -- Propeller Bonds has secured a partnership with a top US surety carrier to provide contract surety bonds in their Performance Plus Program up to $1,000,000 single/aggregate limits. This enhancement to the existing program makes Propeller the...Skyward Specialty Enters Partnership With Tech-Enabled Propeller Bonds to Accelerate Transactional Surety Expansion
HOUSTON--(BUSINESS WIRE)-- #goingskyward--Skyward Specialty Insurance Group, Inc. ("Skyward Specialty" or the "Company"), a leader in the specialty property and casualty (P&C) market, revealed today that it has entered into a new partnership with Propeller Inc. ("Propeller" or “Propeller Bonds”) to broaden the market access to the Company's transactional bond capabilities. Skyward Specialty has a demonstrable track record of utilizing advanced technology to augment and enhance its underwriting lPropeller Bonds endorsed by Smart Choice® as preferred Surety Bond provider
PHILADELPHIA, Dec. 7, 2021 /PRNewswire/ -- Propeller, Inc. has signed an agreement with the Smart Choice® network of agents to serve as a preferred surety and fidelity bonding partner to their network of over 8,000 agencies. The partnership focuses on delivering Propeller's proprietary,...Propeller Bonds Announces Major System Upgrade to Expand Carrier Offerings
PHILADELPHIA, May 18, 2021 /PRNewswire/ -- Propeller, Inc., an insurtech company focused on the surety bond industry, today announced a major system release that will allow the company to easily offer multiple different surety companies as bond providers on their platform. "This release...
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Frequently Asked Questions Regarding Propeller
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Propeller is an InsurTech company that operates as an MGA, currently focused on the surety and fidelity bond market. The company utilizes a proprietary surety platform with the ability to instantly underwrite and issue surety bonds, creating efficiencies for all members of the value chain (carriers, agents, customers, and obligees).... Read More
