Insurance operator Stand secures $35m in Series B funding led by Eclipse to expand into Florida, with backing from existing investors. The company advocates for property improvements to mitigate natural disaster damage and reduce long-term insurance costs. Stand’s leadership team includes experts in insurance, technology, and applied sciences. Stand plans to link coverage to home fortification against wind storms in Florida, aiming to provide resilience for property owners in the largest catastrophe market in the US.
Read more at Yahoo Finance: Catastrophe insurer Stand secures $35m in Series B funding
