Coverager® - Insurance News and Insights

Coverager Data

Root Insurance picks Arity in Underwriting Stoïk raised $27.27M Inszone Insurance partnered with Allstate Foundation Risk Partners partnered with The Hartford GEICO partnered with Brick Insurance Agency Moonshot Insurance partnered with American Pet Insurance Company Suriance partnered with Ethos Life NsureHub picks COMPULIFE in Sales Michigan Planners picks Gradient AI in Underwriting ClaimSorted raised $3M COVU raised $12.5M Beam Benefits raised $40M Pets Best picks Synchrony Financial in Claims Guardian Life picks Wellthy in Customer Service Pinpoint Predictive raised $23M

Toyota Insurance partners with Lemonade

By Shefi Ben-Hutta

Toyota aims to cross-sell home and renters insurance.

Member News

Millions of Animal Lovers Can Now Access Quality Pet Insurance via API-enabled Partnership Between Bindable and Pets Best

By Bill Suneson ·

"With decades of experience and proven technology, we knew Bindable was the right partner to enhance our go-to-market strategy." - Pets Best CEO, Melissa Gutierrez.

Business

Tokio Marine HCC to launch US Excess Casualty business

By Coverager ·

TMHCC’s entry into this space will provide insureds new capacity as limit retrenchment continues amid challenging loss cost trends.

Product

Root seeks first-ever renters insurance rate increase in Tennessee

By Coverager ·

Most policyholders (about 415) will experience rate increases between 55% and 70%, with some seeing a maximum increase of 71.6%.

Financials

Progressive reports 93.4% CR for September

By Avi Ben-Hutta ·

Progressive generated net income of $584.6 million.

Business

Peter Reynolds appointed Group Chief Strategic Development Officer

By Coverager ·

Mr. Reynolds joins the company from Oliver Wyman.

Business

QBE to launch US Inland Marine with three key hires

By Coverager ·

The team and product will be added to QBE International Market’s growing Ocean Marine and Energy divisions.

Investments

Stoïk raises $27 million

By Avi Ben-Hutta ·

Stoïk is on track to have 5k policyholders and €25 million in premiums by the end of the year.

Member News

Are You Thinking About Appointment Compliance All Wrong?

By AgentSync ·

What if you reprioritized compliance? What if you saw compliance as a critical component of your core business functions, and not as a necessary sidecar, an obstacle to overcome for your onboarding?

Product

Global Aerospace announces changes to its Canadian underwriting team

By Coverager ·

Steve Hughes is retiring at the end of the year, effective December 31, 2024.

Technology

Gradient AI partners with Michigan Planners

By Coverager ·

Michigan Planners is using Gradient AI’s SAIL underwriting solution to gain deeper insights into risk.

Strategy

FWD Group announces agreement with Roche

By Coverager ·

Roche’s navify® digital solutions are designed to turn lab and clinical data into actionable insights.

Business

Markel appoints Stacey Hinton as Senior Underwriter, Head of Jewellers Block, Specie

By Gabriella Ben-Hutta ·

Hinton will oversee the growth of Markel’s international Jewellers Block portfolio.

Business

Group 1001 announces Chief Risk Officer and Chief Internal Auditor appointments

By Gabriella Ben-Hutta ·

Financial services company Group 1001 appointed Dan Healy as Chief Risk Officer, and Mark McCallister as Chief Internal Auditor.

Product

LexisNexis launches LexisNexis Life Smart Path

By Gabriella Ben-Hutta ·

The solution enables carriers to simplify data acquisition, solve workflow inefficiencies and combat application errors, omissions, misrepresentation and fraud

Business

Arch Capital Group announces leadership transition

By Coverager ·

Marc Grandisson has decided to retire from the company.

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Member News

Sureify promotes Bryan Padgette to chief business development officer

By Team at Sureify, Sureify ·

Tego in Australia Goes Live in Just 9 Weeks with Five Sigma’s Claims Management Platform

By Oded Barak, Five Sigma ·

Google Case Study: Five Sigma's Clive Redefines Claims Management with LangChain and Vertex AI

By Oded Barak, Five Sigma ·

InsurTech100 - Five Sigma Recognized as a Leading Insurance Technology Innovator by Fintech Global

By Oded Barak, Five Sigma ·

Coterie Insurance Now Offers Commercial Cyber Insurance to Address Emerging Risks

By Katherine Jones, Coterie Insurance ·

Canopy Connect and FirstChoice Announce Strategic Partnership

By Insurance Verification, Canopy Connect, Inc. ·

Seventh annual InsurTech100 names the companies transforming the insurance industry

By AgentSync, AgentSync ·

Vertafore recognized by InsurTech100 & PropertyCasualty360 Insurance Luminaries

By Vertafore ·

Herald Launches Certified Partner Program to Enhance Commercial Insurance Connectivity

By Herald, Herald ·

No Stupid Questions: What Not to Ask in Your Compliance Software Vendor RFP

By AgentSync, AgentSync ·

Share a news tip with Coverager

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Toyota Insurance partners with Lemonade

Millions of Animal Lovers Can Now Access Quality Pet Insurance via API-enabled Partnership Between Bindable and Pets Best

Tokio Marine HCC to launch US Excess Casualty business

Root seeks first-ever renters insurance rate increase in Tennessee

Progressive reports 93.4% CR for September

Peter Reynolds appointed Group Chief Strategic Development Officer

QBE to launch US Inland Marine with three key hires

Stoïk raises $27 million

Are You Thinking About Appointment Compliance All Wrong?

Global Aerospace announces changes to its Canadian underwriting team

Gradient AI partners with Michigan Planners

FWD Group announces agreement with Roche

Markel appoints Stacey Hinton as Senior Underwriter, Head of Jewellers Block, Specie

Group 1001 announces Chief Risk Officer and Chief Internal Auditor appointments

LexisNexis launches LexisNexis Life Smart Path

Arch Capital Group announces leadership transition

Senior Executive Compensation Analyst

AVP, Product Management

Small CL Asst. Virtual Sales Director

Senior AskHR Representative

AVP, P&C Climate Risk and Exposure Analytics

Director of Alternative Distribution, Small CL

Sr. Manager, Product

Associate State Manager, Commercial Lines

Production Underwriting Specialist

Sureify promotes Bryan Padgette to chief business development officer

Tego in Australia Goes Live in Just 9 Weeks with Five Sigma’s Claims Management Platform

Google Case Study: Five Sigma's Clive Redefines Claims Management with LangChain and Vertex AI

InsurTech100 - Five Sigma Recognized as a Leading Insurance Technology Innovator by Fintech Global

Coterie Insurance Now Offers Commercial Cyber Insurance to Address Emerging Risks

Canopy Connect and FirstChoice Announce Strategic Partnership

Seventh annual InsurTech100 names the companies transforming the insurance industry

Vertafore recognized by InsurTech100 & PropertyCasualty360 Insurance Luminaries

Herald Launches Certified Partner Program to Enhance Commercial Insurance Connectivity

No Stupid Questions: What Not to Ask in Your Compliance Software Vendor RFP

Share a news tip with Coverager