Hourly – A rapidly growing payroll startup announced about it’s merging of powers with Cincinnati based – Great American Insurance Group, 4 day ago.
In this collaboration, Hourly will serve as MGA by upgrading it’s underwriting expertise and unique workers dedication. It also has a highlighted feature of payroll technology with Great America’s well known recognition and trust. This 2018 established firm adjoins with workers ‘comp, time tracking and payroll in real-time for small and average leading firms.
This premiums provided here are analyzed by real time data analytics for precise calculations and thus, the only trusted company to hold such features.
Being a leading insurance company amidst the tough race of trust and competition, Great American Insurance Group, origin from a flagship company in 1872, serves insurance products and services revolving around the market of and casualty insurance with it’s specialization in commercial products for businesses. This partnership aims to provide customers with hourly’s leading edge technology and Great America’s built in recognition for easing customer requirements.
“Collaborating with Great American Insurance Group was the clear choice when deciding how we will expand and develop new business in our next phase of growth,” said Hourly Co-founder and CEO Tom Sagi. “Great American is the perfect match for Hourly’s next stage of evolution. We’re excited to align with them and help small businesses gain better insights into their exact labor costs and provide them with better tools to manage those costs, including workers’ comp premiums.”
In October 2022, Hourly reported about it’s ascending series A fund from $27M to $32M and the efforts this was led by Gilot Capital Partners including S capital, Vintage investment partners, J Ventures, Upshot Ventures, MS and AD and Sienna VC.
Therefore, as stated by Chief Revenue Officer of Hourly – “ The technical uptake of sources by the firm not only present casualties or injuries for making insurance accessible and affordable for businesses around the globe.”
