Insurance Lounge, a hybrid insurance agency that offers both in-store and digital experiences for customers, has raised $15 million with the help of a consortium led by Brian Modesitt and Alta Point Capital. Founder Michael DeLaGrange said, “As a second-generation agency owner, I kept seeing consumers confused and frustrated by the insurance buying experience. I envisioned a new model where buying insurance could be enjoyable, simple and convenient. Insurance Lounge is the culmination of that vision. I am excited to work with this new investor group to achieve the goal of Insurance Lounge’s unique consumer-centric approach.”

Source: Yahoo Finance

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