Editor at Coverager
Last November, James River announced a deal to sell JRG Reinsurance Company.
The startup has reached an annual recurring revenue of $40 million.
Late last year, Vouch, which is not profitable, made cuts that impacted ~25 employees.
The new rider has four components.
Summit serves a variety of industries and claims to offer coverage from 60+ insurance partners.
American Family Ventures participated in the round.
85% of Aviva MyDrive users are expected to be offered a discount on their insurance renewal, according to the insurer.
Dellwood launched last month.
The transaction closed on April 1, 2024.
Today, nearly 700,000 homes insured by State Farm have received a Ting sensor.
Doma may solicit alternative acquisition proposals from third parties during a 50-day “go-shop” period.
CIC originally began quoting Coalition’s admitted cyber product in March 2023.
Emerald is targeting MGAs.
CISO Global will offer a $250,000 warranty for its AI-based endpoint detection and response technology.
The insurer announced plans to buy AIG’s UK life insurance business for $563 million last year.