Coverager® - Insurance News and Insights

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NatWest Bank partnered with Aviva Space Coast Credit Union partnered with TruStage TruStage partnered with Chief Financial Credit Union First Entertainment Credit Union partnered with ePremium Insurance IAG partnered with RACQ Partnership Insurance Agency picks XILO in Sales Cuvva picks Quantee in Pricing AIG raised $13.8B Kingstone Insurance picks Earnix in Pricing Poncho raised $617.43K Canara HSBC Life Insurance picks Amazon Web Services in Underwriting Hanwha Life uses Digital Technology in Customer Service Fairfax Financial Holdings raised $501.09M Zopper raised $25M Abacus Life raised $100M

Direct Line rejects £3.3 billion bid from Aviva

By Avi Ben-Hutta

Direct Line confirmed it received the unsolicited and conditional offer on November 19.

Investments

Cardless raises $30 million

By Coverager ·

Assurant Ventures participated in the round.

Member News

Metromile Customers Save With Low Mileage

By Melanie Musson ·

According to a recent report by Clearsurance.com, individuals who drive fewer than 10,000 miles a year could save money with Metromile insurance.

Product

VIU by HUB partners with Asurion

By Shefi Ben-Hutta ·

Sign-up is completed through the Asurion website.

Business

IAG to acquire 90% of RACQ’s existing insurance underwriting business

By Shefi Ben-Hutta ·

This partnership establishes a 25-year exclusive distribution agreement for providing general insurance products to RACQ members.

Business

Florida places Alliance Credit Union of Florida into conservatorship

By Coverager ·

The credit union serves 5,394 members with assets of approximately $59 million and caters to residents in five Florida counties and select employee groups.

Investments

Zurich backs Onsi

By Coverager ·

Onsi offers insurance solutions and financial benefits to complex workforces, including independent and gig workers, through flexible, usage-based coverage and seamless claims processes.

Business

Aviva and NatWest announce partnership

By Coverager ·

The deal builds on the current protection partnership between NatWest Group and AIG Life, now owned by Aviva.

Business

Colin Johnson joins Hadron as CEO of international business

By Coverager ·

Hadron projects over $200 million in written business across its platforms for 2024.

Member News

6 Variations on Producer Licensing for Travel Lines

By AgentSync ·

Travel lines might fall under P&C. Or maybe it’s a limited line. State variations make producer licensing across states a real challenge.

Member News

A Cornucopia of Agentic AI Agents: Revolutionizing Industries One Task at a Time

By Robin Roberson ·

What Are Agentic AI Agents? Agentic AI Agents are more than just sophisticated algorithms; they are goal-oriented digital systems capable of: Autonomy, Adaptability, Goal Orientation, Context Awareness, Multi-Modal Interaction

Marketing

State Farm doubles down on women’s sports investments

By Coverager ·

State Farm and its affiliates are the largest providers of auto and home insurance in the US.

Business

Everest launches insurance business in Italy

By Coverager ·

The launch in Italy follows Everest’s recent expansion into other key international markets, including Australia, Colombia and Mexico.

Business

Aon to acquire insurance agency of Mitsubishi Chemical Group

By Coverager ·

The firms will continue to operate independently until the transaction is completed, which is expected in early 2025.

Investments

Range raises $28 million

By Coverager ·

Range offers a wealth management platform.

Product

Hamilton Re expands Into Credit, Bond and Political Risk Reinsurance

By Coverager ·

The company has appointed Sergio Lottimore to the role of Vice President, Credit, Bond and Political Risk Reinsurance.

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Featured Jobs

Senior Executive Compensation Analyst

American Family Insurance

AVP, P&C Climate Risk and Exposure Analytics

USAA

Production Underwriting Specialist

Great American Insurance Group

Member News

Bindable partners with Recoop Disaster Insurance

By Mary Clare Riordan, Bindable ·

Leveraging Data Analytics for Risk Management in Insurance with Alexandra Littlejohn

By John Fohr, TrustLayer ·

Cybersecurity in Insurance: Why Your Data and Compliance Can’t Afford to Slip

By AgentSync, AgentSync ·

Ensuring Quality and Compliance with AI in Claims Processing

By Robin Roberson, Agentech ·

Integrating insurance licensing & commissions

By Vertafore ·

Obie Unveils Tenant Legal Liability Policy to Empower Real Estate Investors with Streamlined Tenant Risk Coverage

By Aaron Letzeiser, Obie ·

Onda Selects Five Sigma to Elevate Cyber Claims Handling

By Oded Barak, Five Sigma ·

HAI Group Goes Live on OneShield Enterprise Platform 7, Launching General Liability and Excess Products

By Janice Merkley, OneShield ·

The Evolving Landscape of Construction Risk Management with Rob McDonough of Marsh

By John Fohr, TrustLayer ·

Is Your Distribution Network Built to Scale?

By AgentSync, AgentSync ·

Share a news tip with Coverager

Do you have any piece of information that's newsworthy? Coverager relies on different sources to tell stories and we invite you to share news with us. You can reach out to us here or you can connect with us here and here.

Direct Line rejects £3.3 billion bid from Aviva

Cardless raises $30 million

Metromile Customers Save With Low Mileage

VIU by HUB partners with Asurion

IAG to acquire 90% of RACQ’s existing insurance underwriting business

Florida places Alliance Credit Union of Florida into conservatorship

Zurich backs Onsi

Aviva and NatWest announce partnership

Colin Johnson joins Hadron as CEO of international business

6 Variations on Producer Licensing for Travel Lines

A Cornucopia of Agentic AI Agents: Revolutionizing Industries One Task at a Time

State Farm doubles down on women’s sports investments

Everest launches insurance business in Italy

Aon to acquire insurance agency of Mitsubishi Chemical Group

Range raises $28 million

Hamilton Re expands Into Credit, Bond and Political Risk Reinsurance

Senior Product Manager

Senior Executive Compensation Analyst

AVP, Product Management

AVP, P&C Climate Risk and Exposure Analytics

Production Underwriting Specialist

Bindable partners with Recoop Disaster Insurance

Leveraging Data Analytics for Risk Management in Insurance with Alexandra Littlejohn

Cybersecurity in Insurance: Why Your Data and Compliance Can’t Afford to Slip

Ensuring Quality and Compliance with AI in Claims Processing

Integrating insurance licensing & commissions

Obie Unveils Tenant Legal Liability Policy to Empower Real Estate Investors with Streamlined Tenant Risk Coverage

Onda Selects Five Sigma to Elevate Cyber Claims Handling

HAI Group Goes Live on OneShield Enterprise Platform 7, Launching General Liability and Excess Products

The Evolving Landscape of Construction Risk Management with Rob McDonough of Marsh

Is Your Distribution Network Built to Scale?

Share a news tip with Coverager