Coverager® - Insurance News and Insights

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Fleetss partnered with Stere.io HSB partnered with Notch OpenSpace partnered with Shepherd MercadoLibre partnered with Klimber MercadoLibre partnered with Prudential Financial Hokodo raised $40M Laka raised $1.5M Union Mutual uses Digital Technology in Claims Ledger Investing raised $75M Ledgebrook raised $4.2M Openly raised $75M QBE Insurance uses Data & Analytics in Underwriting Aktibo d/b/a Sproutt uses Digital Technology in Sales Zurich uses API in Sales Aviva Canada uses Telematics in Sales

Restructuring at Vouch

By Shefi Ben-Hutta

About 8% of the team is affected by layoffs.

Strategy

Zurich to sell its legacy traditional life insurance back book in Germany to Viridium

By Coverager ·

The transaction includes the transfer of $20 billion of net reserves, mainly related to annuity and endowment products underwritten more than five years ago.

Business

NerdWallet to acquire On The Barrelhead

By Avi Ben-Hutta ·

On The Barrelhead is a robo-advisor for consumer debt.

Business

Ethos lays off 40 employees

By Avi Ben-Hutta ·

The company has laid off 40 employees.

Member News

Levitate and HawkSoft Launch Two-Way API Integration Between Platforms

By Dana Stephens ·

New read-write capabilities will allow independent insurance agents to build & nurture relationships more seamlessly. RALEIGH, N.C., June 23, 2022 /PRNewswire/ — Levitate and HawkSoft are proud to announce the second major milestone in their partnership...

Business

Policygenius partners with Impact

By Avi Ben-Hutta ·

The companies will bring Policygenius Pro to Impact's network of financial advisory and broker-dealer partners.

Business

Everest Insurance expands global footprint with official entrance into Singapore

By Coverager ·

Everest Insurance, the Insurance division of announced that it has officially entered the Asian market after receiving regulatory approval from the Monetary Authority of Singapore to operate in Singapore. The...

Investments

Porsche Ventures invests in Laka

By Avi Ben-Hutta ·

Earlier this year Laka closed a Series A round.

Investments

Hokodo raises $40 million

By Avi Ben-Hutta ·

Hokodo’s solutions are backed by Lloyd’s of London.

Business

Pie Insurance expands coverage to Alabama and Oregon

By Gabriella Ben-Hutta ·

The expansion increases the company's coverage footprint to 38 states and Washington D.C.

Innovation

Howden to launch new platform for insurance startups

By Avi Ben-Hutta ·

Howden is hiring Tom Hoad to lead this new initiative.

Member News

Top Insurance Brokers Smash Data Silos with AgentSync

By AgentSync ·

Until recently, HUB International, the fifth largest broker in the U.S., used spreadsheets and manual processes to manage licensing and compliance for over 6,000 producers. They knew they couldn't put off making a change. Enter AgentSync.

Business

OpenSpace partners with Shepherd

By Coverager ·

OpenSpace provides a 360° construction photo documentation software.

Business

Ando announces new sustainable insurance program

By Avi Ben-Hutta ·

Ando will plant 100 carbon-reducing trees for every customer policy it opens through its insurance partners.

Member News

Novidea Partners with Certificial for Smart Certificate of Insurance Issuance to Create the Next-Generation Agency Management System

By The Certificial Team ·

Partnership enables a true digital experience for all stakeholders in the certificate of insurance process

Member News

Five Sigma Launches New Notifications Builder, Giving Insurers the Flexibility to Manage Notifications Without Coding

By Oded Barak ·

Five Sigma’s notification builder is the only tool on the market enabling users to easily create & manage all claims system notifications-with clicks, not code

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Featured Jobs

Partner Development Manager

Berxi, part of Berkshire Hathaway Specialty Insurance

Insurtech Seeks Cat & Porfolio Risk Manager

FutureProof

Insurtech Seeks E&S Property Underwriter

FutureProof

Member News

EMPLOYERS and Herald announce partnership to expand access to workers’ compensation

By Herald, Herald ·

Sproutt Launches SmartLife for Agents to Empower Agents with Predictive Life Insurance Sales Capabilities

By HM Communications, Sproutt ·

Transportation Gaps

By Josh Schlesinger, ClaimRide & Continued Mobility ·

Insured Nomads bolsters travel confidence with acquisition of innovative Chrome app built by big tech alum

By Chris Nam, Insured Nomads ·

Socotra Named to the 2022 CB Insights Insurtech 50 List of Most Innovative Insurtech Startups

By Socotra, Socotra ·

New Partnership Between Semsee and Coterie Insurance Broadens Access to Digital Small Business Insurance

By Imani Fields, Semsee ·

FRISS Named To The 2022 CB Insights Insurtech 50 List Of Most Innovative Insurtech Startups

By Ruud van Gerwen, FRISS ·

Cambridge Mobile Telematics Introduces Driver Engagement Platform

By Cambridge Mobile Telematics ·

Insurance 101: What Is an Insurance Agency?

By AgentSync, AgentSync ·

Marsh McLennan Agency Selects Applied as Go-Forward Technology Partner

By Lauren Malcolm, Applied Systems ·

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