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April 19, 2019

Idaho insurtech lands in downtown Hartford

HBJ Photo | Joe Cooper Hartford's Boat Building at 1 American Row.
By Joe Cooper

An Idaho-based provider of digital life insurance platforms says it’s opened a second corporate office in downtown Hartford’s Boat Building.

Covr Financial Technologies, headquartered in Boise, ID, on Thursday afternoon announced it’s adding about 15 jobs at 1 American Row, which is also occupied by Hartford insurer Nassau Re and its newly minted insurtech incubator program.

Covr says it’s moving its executive office, marketing, sales and predictive analytics/product management teams to the space due to the Capital City’s strong insurance and insurtech presence.

"The thriving insurance and insurtech community in Hartford makes this the ideal place for us as we continue to grow," said Covr CEO Mike Kalen. "We are finding that there's talent at every level in Hartford, and that's critical for our growth and success."

Covr will maintain its presence in Idaho, where it has additional sales, technology and customer-service staff.

It wasn’t immediately clear Friday morning how much space Covr occupies at the Boat Building.

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