Press Releases

🚨 Big news: Covr has officially merged with Optifino

Articles, Press Releases /

Optifino and Covr Announce Deal to Transform Life Insurance Distribution NEW YORK, Sept. 29, 2025 /PRNewswire/ — Optifino, the digital Brokerage General Agency (BGA), radically simplifying the life insurance experience, and Covr Financial Technologies–an award-winning provider of digital insurance solutions, today announced a transformative merger to create Digital BGA 3.0. This merger unites Covr’s robust operational and compliance infrastructure […]

🚨 Big news: Covr has officially merged with Optifino Read More »

Covr Recognized as a Top 50 Life and Annuity Technology Provider

Articles, Press Releases /

Covr Financial Technologies Recognized by the Everest Group, Amongst Other Leading Providers, for Technology Innovation in Life Insurance HARTFORD, Conn., Dec. 11, 2024 /PRNewswire/ — Covr Financial Technologies, a digital insurance solution provider, has been named a top life and annuity technology provider by the Everest Group in its recently released report. The recognition highlights Covr’s considerable

Covr Recognized as a Top 50 Life and Annuity Technology Provider Read More »

Allstate Financial Services Selects Covr to Provide Life Insurance, Long-Term Care, and Disability Insurance Solutions

Articles, Press Releases /

Covr’s Digitally Enabled Insurance Platform Will Simplify the Buying Process HARTFORD, Conn., Nov. 14, 2024 /PRNewswire/– Covr, a leading digital insurance provider, has partnered with Allstate Financial Services, LLC to offer a streamlined suite of life, long-term care (LTC), and disability income insurance solutions through Covr’s digital platform. This partnership provides Allstate Financial Services customers with a

Allstate Financial Services Selects Covr to Provide Life Insurance, Long-Term Care, and Disability Insurance Solutions Read More »

Covr Unveils Its Third Generation Insurance Software

Articles, Press Releases /

The Most Advanced Platform for Simplifying Insurance for Financial Professionals HARTFORD, Conn., Oct. 10, 2024 /PRNewswire/ — Covr Financial Technologies, a leading digital insurance provider, announced this week the launch of Advisor 3.0, the latest version of its industry-leading insurance platform. This cutting-edge software empowers financial professionals, insurance advisors, and institutions to streamline their insurance business across various

Covr Unveils Its Third Generation Insurance Software Read More »

Covr Financial Technologies Hosts Economic Growth Event

Press Releases /

Connecticut-Based Investment Group and State Officials Visits Hartford Location HARTFORD, Conn., Jan. 25, 2024 /PRNewswire/ — Covr Financial Technologies, a leader in insurance technology, hosted a gathering of investors and politicians in their new Hartford office. The event, attended by State Senator John Fonfara, State Representative Holly Cheeseman, and Advantage Capital investors, spotlighted Covr’s growth of jobs

Covr Financial Technologies Hosts Economic Growth Event Read More »

Michael Kalen Joins Board of Trustees of the Connecticut Science Center

Press Releases /

Covr’s CEO Shares Innovation Vision with Largest Innovation Center in Connecticut HARTFORD, Conn., Feb. 6, 2023 /PRNewswire/ — The Connecticut Science Center announced the addition of six new trustees to their Board, including Covr’s CEO Michael Kalen.  The Connecticut Science Center is the largest and most expansive effort in Connecticut to support science and innovation and is dedicated to lifelong learning

Michael Kalen Joins Board of Trustees of the Connecticut Science Center Read More »

Covr Partners with Smart Choice to Bring Digital Insurance Solutions to 9,500 Agencies

Press Releases /

Covr Financial Technologies has partnered with Smart Choice to bring its digital insurance platform for independent agents, Covr Pro, to 9,500 Smart Choice agencies, allowing even more independent advisors to use Covr’s leading digital solution. Read More Here Learn more at www.CovrPro.com, or call 888-988-6482.To learn more about Smart Choice, please visit https://www.smartchoiceagents.com

Covr Partners with Smart Choice to Bring Digital Insurance Solutions to 9,500 Agencies Read More »

Citi Selects Covr to Simplify Life Insurance Process for U.S. Consumer Wealth Management Business

Press Releases /

NEW YORK, Sept. 22, 2022 /PRNewswire/ — Covr Financial Technologies (Covr) is collaborating with Citi to help its U.S. financial advisors and clients more effectively integrate life insurance and long-term care coverage into their financial plans. By utilizing Covr’s platform, Citi’s advisors and clients can access top insurance carriers on a simplified basis.   Continue Reading

Citi Selects Covr to Simplify Life Insurance Process for U.S. Consumer Wealth Management Business Read More »

Covr Pro Brings an Industry-Leading Digital Insurance Platform to Independent Financial Advisors

Press Releases /

HARTFORD, Conn., Aug. 25, 2022 /PRNewswire/ — Covr Financial Technologies (Covr) has launched Covr Pro (CovrPro.com), bringing its industry-leading digital insurance platform to independent financial advisors. Originally created for and trusted by 30,000 advisors at leading financial firms, this new offering will give independent financial advisors a simple, digital solution for life, long-term care, linked-benefit, and disability

Covr Pro Brings an Industry-Leading Digital Insurance Platform to Independent Financial Advisors Read More »

Covr Completes $15m Series B Fundraising Round

Press Releases /

HARTFORD, Conn., April 7, 2022 /PRNewswire/ — Covr Financial Technologies (Covr), a leading digital life insurance platform, has completed its Series B fundraising round including new investor Stone Point Ventures, and strong existing investor participation from Sony Innovation Fund by IVG, Aflac Ventures, Allianz Life Ventures, Connecticut Innovations, Fairview Capital, Contour Venture Partners, Commerce Ventures and Tribeca Early Stage Partners. Continue

Covr Completes $15m Series B Fundraising Round Read More »