Editor at Coverager
The startup is enabling AI agents to shop for home and auto insurance.
The acquisition is expected to close in early 2027.
The transaction includes Dayforward’s technology platform, distribution agreements, intellectual property, licensed insurance agency and employees.
Convenience took a big leap in the past few years.
The company posted a job opening for an AI Technical Lead.
Insurify says it made this decision to protect both consumers and its carrier partners.
Roughly 63% of written premiums are for homeowners insurance.
The carrier reported a net underwriting loss of $51.1 million.
The group recorded its second quarterly profit.
The insurer ended the month with net income of ~$961 million.
Net loss narrowed to £20M.
GEICO produced lower underwriting earnings in the first six months of 2026 compared to 2025.
Root generated net income of $25 million during the quarter, an increase of 15% YoY.
The company added business, pet, and RV insurance.
In-force premium was $1.43 billion.