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Insurance veterans form brand new Insurtech, Modives

July 28, 2023

Five insurance industry veterans have formed Modives, a new venture which automates insurance verification for property managers and auto dealers.

CEO and Co-Founder Frederick Waite, a veteran entrepreneur, has assembled a team with varied insurance industry experience to launch his latest venture.

Prior to forming Modives, he established BCF, a software platform acquired by Vertafore in 2006, and analytics platform Yodil, Inc., which was purchased by Duck Creek in 2016, both in the insurance space.

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