Coverager® - Insurance News and Insights

Friday Feeling: Essentialism

By Avi Ben-Hutta

We’re hearing the word essential a lot these days. According to Merriam-Webster, the definition of essential is “of the utmost importance.” And as most would agree, different people have different...

Business

Genstar Capital announce formation of Obsidian

By Coverager ·

Obsidian Insurance Company, has received a financial strength rating of A- from A.M. Best to issue policies underwritten by Managing General Agents, Managing General Underwriters, and program managers.

Business

Principal halts lab tests and physical exams

By Avi Ben-Hutta ·

Brokers will instead underwrite policies using a digital portal powered by Human API that allows for access to medical data with client permission.

Strategy

Jumpstart partners with Acrisure

By Coverager ·

Jumpstart announced an agreement with Acrisure to distribute Jumpstart’s parametric earthquake insurance through its global network of Agency Partners.

Innovation

FWD Philippines adopts UnderwriteMe’s digital solution

By Avi Ben-Hutta ·

FWD Philippines is partnering with Underwrite me to shorten the application process and provide an underwriting decision at the point of sale.

Member News

Innovation, Innovation, Innovation

By Denise Garth ·

When former UK Prime Minister, Tony Blair, was asked what his top three priorities would be if he won the 1997 election, he responded “education, education, education”. In the fluid...

Innovation

Just Auto is live in Arizona

By Shefi Ben-Hutta ·

Just is targeting lower-income consumers with a 30-day pre-paid, pay-per-mile liability insurance starting from $30 a month.

Member News

Clearsurance announces a small business survey to review commercial insurance companies

By Clearsurance Staff ·

North Andover, Massachusetts – March 26, 2020 – Clearsurance announces that it is conducting a small business survey about commercial insurance companies. The ultimate goal of this survey is to...

Investments

Plastiq raises $75 million

By Avi Ben-Hutta ·

The San Francisco-based company enables SMBs to use their credit cards for "virtually any expense," even where credit cards aren't accepted.

Business

Ageas UK partners with Tractable

By Avi Ben-Hutta ·

After successful trials in 2019, Ageas UK will use the solution to support some of the complex tasks that a human assessor would normally carry out when evaluating vehicle damage.

Opinion

Changing climate in insurance: what we’re seeing and hearing

By Shefi Ben-Hutta ·

This is by no means an exhaustive list but here goes… What we’re seeing: Online search volumes for certain insurance coverages increased in the past 3 weeks: Business interruption...

Marketing

Gabi Personal Insurance Agency TV Commercial, ‘Angel’

By Shefi Ben-Hutta ·

The old way of shopping for home and auto insurance was a hassle -- enough to drive anyone crazy, says Gabi Personal Insurance Agency. This is why the Gabi founder floats in with angel wings and demonstrates his service to a frustrated man, which purportedly saves customers over $800 a year on average.

Innovation

DXC Technology partners with health & wellbeing insurtech Springday

By Avi Ben-Hutta ·

The community edition provides employers with an online platform that allows employees to proactively manage their physical and mental wellbeing through gamification reducing the likelihood of workplace-related workers’ compensation claims.

Business

Say hello to hello benji

By Avi Ben-Hutta ·

The startup, led by former Allstate employee James Armstead, will offer the self-employed a platform to manage their finances, keep track of expenses, prepare for tax season, and set goals.

Business

Manulife partners with dacadoo

By Avi Ben-Hutta ·

Beginning May 2020, policyholders in Hong Kong, Singapore and Vietnam will be able to "easily understand" their health and be guided to develop healthier habits by encouraging them to take simple, preventative actions in the areas of nutrition, exercise and sleep.

Innovation

Dubai’s World Investments invests A$433 million in Xinja Bank

By Shefi Ben-Hutta ·

WI will invest A$160 million immediately, with the remaining A$273 million available to be drawn down in multiple tranches as Xinja Bank’s growth requires over the next two years.

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Member News

Finding opportunities in these trying Covid-19 times

By Kaenan Hertz, Insurtech Advisors LLC ·

Insurance’s Next Step: Real Core System Innovation

By Denise Garth, Majesco ·

BrokerTech Ventures Announces Five Additional Agencies, Appoints Hatten as Chief Operating Officer

By Jennifer Overhulse, St. Nick Media Services ·

Benefits of BPO for P&C Insurers

By Carol McKenzie, Solartis ·

Majesco's New Research Report Highlights Digital Transformation by Industry Leaders with a New Era of Core Systems, Next Gen Technologies and Ecosystems

By Denise Garth, Majesco ·

5 Hurdles to Insurtech Success

By Bob Frady, HazardHub ·

Delta General Agency Selects ClarionDoor’s MGA Hub

By Jennifer Overhulse, St. Nick Media Services ·

The Helper Bees’ Virtual Home Health Assessments Assist Caregivers, Clinicians & Insurers During COVID-19 Crisis

By Jennifer Overhulse, St. Nick Media Services ·

Encova Insurance Selects One Inc Digital Payments Platform

By Jennifer Overhulse, St. Nick Media Services ·

The Advantages of Virtualization During Pandemic

By Paul Ptashnick, Marketing & Communications Consultant ·

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