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Here is a round-up of the latest news from around the insurance industry. (Photo: Shutterstock)

Covered by SAGE, a tech-enabled property & casualty insurance brokerage, announced on April 27 that it has successfully closed a $6 million seed round led by NFX with participation from Tectonic Capital and Treasury. Additional investors include Metaprop, Blue9, and the founders of Casper, Tinder, Pillpack, Flatiron Health, and Thumbtack. The Covered by SAGE plug-and-play platform empowers agents by significantly lowering the financial, operational and technical burden of building, managing and retaining an insurance book of business.

Alera Group announced that it has acquired Georgetown Insurance Service, Inc. Headquartered in Silver Spring, Maryland, Georgetown Insurance has served clients throughout the state and the surrounding region for decades. Georgetown Insurance works closely with the construction, manufacturing, real estate and transportation industries, in addition to providing their clients with specialty offerings and enhanced services.

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