Hourly.io Announces MGA Collaboration with Great American Insurance Group

Palo Alto, California, November 9, 2022 /PR Newswire/ — Hourly.ioa fast-growing workers’ compensation and payroll start-up, today announced Cincinnatibased Great American Insurance Group.

In this expanded collaboration, Hourly will leverage its underwriting expertise and Great American’s proven and unique workers’ compensation and payroll technology to serve as a Managing General Agent (MGA). Founded in 2018, Hourly provides small business owners and hourly workers with a full-service platform that connects worker compensation, time tracking and payroll in real time. data analysis. Hourly is the only company in the industry that bridges the gap between worker compensation, payroll and time and attendance.

Hourly co-founder and CEO said: tom heron“Great American is a great fit for Hourly’s next evolutionary phase. We are happy to give you better tools to manage those expenses.”

A long-standing player in the insurance industry, Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, the Great American Insurance Company. The company offers insurance products and services primarily for the property and casualty insurance market, with a focus on specialized commercial products for businesses. This relationship combines Hourly’s cutting-edge technology with Great American’s established reliability to better serve the needs of more customers.

“We are excited to further develop our collaboration with Hourly. Richard Suter, Division President, Great American Alternative Markets. “Hourly and Great American Insurance Group share the same commitment to helping these companies protect their employees. I am impressed.”

of October 2022announces that Hourly has expanded this is $27 million Series A To $32 millionSeries A was led by Grillot Capital Partners with participation from S Capital, Vintage Investment Partners, J Ventures, Upshot Ventures, MS&ADWhen Siena VC.

Te ChenHourly’s Chief Revenue Officer said: Partnering with Great American is a big step towards making insurance more accessible and affordable for businesses across the country. “

About Hourly.io

Head office location Palo Alto, California, Hourly.io, is an insurtech startup that provides workers compensation insurance and full-service payroll for small businesses with hourly workers. Hourly’s platform leverages real-time data to instantly run payroll at the touch of a button, ensuring you receive accurate worker compensation down to the cent. For more information, see: www.hourly.io.

Great American Insurance Group’s roots go back to 1872 when its flagship company, the Great American Insurance Company, was founded.original Cincinnati, Ohio, Great American Insurance Group’s business is primarily engaged in property and casualty insurance and focuses on specialized commercial products for businesses. Great American Insurance Company has been rated ‘A’ (Excellent) or better by AM Best Company for over 110 years (the most recent rating is confirmed to be ‘A+’ (Superior)). December 3, 2021). A member of the Great American Insurance Group is a subsidiary of the American Financial Group, Inc. (AFG). Cincinnati, OhioAFG’s common stock is listed on the New York Stock Exchange and trades under the symbol AFG. Insurance policies are underwritten by Great American Insurance Company, Great American Alliance Insurance Company, Great American Assurance Company and Great American Insurance Company. New YorkAll 50 State and DC Accredited Insurers, 301 E. Fourth St., Cincinnati, Ohio 45202.

media contacts
courtney black
Senior PR Manager
[email protected]
(650) 297-4910

Great American Insurance Group
Jennifer Guidry
Divisional Vice President – ​​Business Development and Marketing
[email protected]
(860) 683-4802

SOURCE Hourly Co., Ltd.

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