Coverager® - Insurance News and Insights

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Intact Insurance partnered with YouSet TD Insurance partnered with AmTrust Financial MAPFRE partnered with MasMovil Intact Financial Corporation picks Guidewire in Claims Tower Insurance picks CelsiusPro in Sales Revolut partnered with Cowen Insurance Company Roamly partnered with Aon Vi Digital picks Inari in Underwriting Independence Pet Group raised $55.59M USAA picks Resideo in Risk Mitigation USAA picks Roost in Risk Mitigation Pineapple raised $3.65M Skyward Specialty raised $86.93M Skyward Specialty raised $22.88M CCC Intelligent Solutions raised $682.5M

Aviva to acquire Optiom

By Avi Ben-Hutta

Aviva has an underwriting relationship with Optiom.

Business

Amazon UK adds new insurance partner

By Avi Ben-Hutta ·

Amazon now counts five insurance partners for its Amazon Insurance Store.

Strategy

BNP Paribas Cardif to acquire majority stake in BCC Vita

By Avi Ben-Hutta ·

BCC Vita is the insurance arm of Italian bank BCC ICCREA.

Member News

Fize Technology Joins HawkSoft’s API Partner program

By HawkSoft ·

Partnership will streamline the collection of prior insurance coverage information across Personal Lines and Commercial Auto HawkSoft welcomes Fize Technology as the newest API Partner integrated with its insurance platform....

Investments

Inszone announces investment from Lightyear Capital

By Coverager ·

Lightyear will join Inszone’s current investor, BHMS Investments.

Technology

Cognizant selected by Alm. Brand Group to enable automation services

By Coverager ·

The partnership aims to automate routine insurance and administrative tasks to save time and improve customer interactions.

Financials

Valani Global acquires MSA Research

By Coverager ·

MSA Research, founded in 2003, is a Canadian analytical research firm focusing on the insurance market, aiming to empower professionals with essential industry tools and knowledge.

Business

Lemonade announces new board members

By Coverager ·

Along with Deb and Samer, Lemonade’s current Board is composed of Lemonade co-Founders Daniel Schreiber and Shai Wininger, as well as Michael Eisenberg (Partner, Aleph) and Shu Nyatta (Founder/Managing Partner, Bicycle Capital).

Innovation

Aviva Canada expands Charged for Change program across Canada for 2024

By Coverager ·

Aviva’s Charged for Change program is an initiative that aims to bring chargers to communities that lack EV infrastructure.

Investments

American Family Ventures backs Ingenious.build

By Coverager ·

Ingenious.build is a cloud-based application streamlining project financials, project management, and construction administration.

Business

Gallagher acquires Hughes Insurance Agency

By Gabriella Ben-Hutta ·

Terms of the transaction were not disclosed.

Member News

Cybersecurity and Insurance: SOC2 Type II Audit

By AgentSync ·

Your cybersecurity is only as good as your weakest link. Have your third-party vendors done a SOC 2 audit?

Member News

Cyber Security: A Leadership Issue with Kevin Soohoo of Egnyte

By John Fohr ·

Explore the critical role of leadership in Cyber Security with insights from Kevin Soohoo of Egnyte. Discover key strategies for effective cybersecurity management.

Innovation

Marsh develops new generative AI tool

By Avi Ben-Hutta ·

The new tool was built on technologies from Microsoft and OpenAI.

Business

American Family shuts down Tenney 110

By Avi Ben-Hutta ·

Tenney 110 was founded in 2019 with the goal of acquiring and building insurance-adjacent companies.

Financials

Tesla sees $16 million in underwriting losses

By Avi Ben-Hutta ·

Tesla now writes insurance using its carriers in 8 states.

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Member News

Understanding and Managing Contracts with Josh Levy of Document Crunch

By John Fohr, TrustLayer ·

Meaningful AI for Independent Insurance Agencies

By HawkSoft, HawkSoft ·

The Impact of Grace Periods on Hands-Free Laws

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

Sureify, State Farm to Supplement Life Insurance Offerings

By Team at Sureify, Sureify ·

Unlocking the Future: Remote Work's Impact on the Insurance Industry

By AgentSync, AgentSync ·

Auto-Owners Partners with Carpe Data to Streamline the Underwriting Process

By Ben Offringa, Carpe Data ·

Road Risk Alert: Increase in Distracted Driving Raises Safety Concerns for Thanksgiving

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

NAMIC Webinar Recap: Solving for Producer Compliance in Property & Casualty Insurance

By AgentSync, AgentSync ·

Building Strong Client Relationships with Lyndsey Christofer of Chubb

By John Fohr, TrustLayer ·

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