Jim Hackbarth was most recently President and CEO of Assurex Global, the world’s largest privately held risk management commercial insurance brokerage group which generates more than $30 billion in revenue to the insurance industry.

Joyn Insurance exceeded its fundraising target with a $17.7 million Series A funding round led by OMERS Ventures with participation from Avanta Ventures, ManchesterStory, Cohen Circle, SiriusPoint and several private individual investors.

We’re live in three additional states: Utah, New Mexico, and Oklahoma for E&S property, general liability, and excess coverage. Throughout 2022, we have dramatically expanded the states where we operate as well as our class offerings, and we are continuing to identify ways to enhance our product to the benefit of our brokers, partners, and insureds.

By adding property, general liability, and excess lines of coverage in Arizona, Colorado, Nevada, Oregon, and Washington, Joyn is now accepting submissions in a total of 32 states and Washington, D.C. “As we race toward the one-year anniversary of Joyn opening its doors for business, our continued expansion is a testament that our value proposition is resonating in the market,” said Joyn CEO Seraina Macia.

“We are always looking to enhance what we offer to our brokers, partners, and customers,” said Joyn CEO Seraina Macia. “Many businesses depend on equipment and the potential for equipment breakdowns exposes them to significant potential losses. That’s why we are excited to now provide coverage for equipment and technology exposures in addition to our core property, general liability, and excess products.”

Insurance technology company Joyn Insurance announced today an expansion of its class eligibility to include dozens of additional classes, bringing its total eligible class list to over 700 NAICS codes. The new class offerings include car washes, convenience stores, dry cleaners, dwellings, gas stations, health clubs and gyms, landscaping, liquor stores, parking lots and garages, restaurants, sporting goods manufacturers, and warehouses and mini warehouses.

“Our goal from day one has been to make the insurance experience better, faster, more efficient, more customer friendly, and more joyful,” said Seraina Macia, Joyn co-founder and CEO. “We are proud to partner with ACT and accomplish our shared goal to provide independent insurance agents and brokers with a best-in-class experience.”

“Since beginning underwriting on July 1 last year, we have expanded significantly and are proud to now offer coverage to a majority of the country,” said Seraina Macia, Joyn’s CEO. “We are excited that seven new states can now enjoy the transparent, trusted, and truly one-of-a-kind insurance experience that Joyn offers to the small and middle commercial insurance markets.”

Seraina Macia, CEO of Joyn Insurance said, “This marks a significant expansion for Joyn with new lines in every state where we are live. “We will be adding General Liability and Excess to additional states on January 1, with more lines and states on the way in early 2022.”

Joyn now offers coverage in 21 states and Washington, DC, with an additional seven states slated to become available on December 1.

Uwe joins the team at the same time as the offering to small and medium-sized companies expands.

Joyn will be focused on the underserved needs of businesses looking for risk transfer solutions in the $100B U.S. SME market.