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Descartes Underwriting picks NextPower in Risk Mitigation Petshop Science partnered with OUTsurance Liberty Mutual picks ICEYE in Claims Foyer Group picks Tractable in Claims Zurich Australia partnered with Crop Risk Underwriting Ventis Insurance partnered with Bravo Networks USI Insurance Services partnered with CNA Insurance GuardianPointe picks ZestyAI in Underwriting Hagerty partnered with Barrett-Jackson Ameriprise Financial raised $750M Cleerly Mortgages picks Acre in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M

An 84-year reign came to an end, and more

By Shefi Ben-Hutta

May 2026 was a month of endings. An 84-year reign. A California market that keeps getting smaller. A workforce reduction attributed, plainly, to AI.

Financials

Hippo reports Q2 results

By Avi Ben-Hutta ·

The company turned a profit for the first time.

Business

Arthur J. Gallagher acquires MACK Insurance Services

By Coverager ·

MACK Insurance Services is a commercial insurance broker from Australia.

Business

Hiscox to acquire MGA and carrier operations from Vouch

By Shefi Ben-Hutta ·

Vouch, Inc. will continue to operate as an independent broker.

Business

W. R. Berkley names Wayne Ashley President of Berkley Re UK Limited

By Coverager ·

Ashley has over 30 years of experience in the international reinsurance market.

Investments

Grasshopper Bank secures $46.6 million

By Shefi Ben-Hutta ·

Grasshopper is a digital bank focused on business and affinity banking.

Business

New York Life Group Benefit Solutions joins Employee Navigator’s Data Exchange

By Coverager ·

Capabilities will be available for business effective January 1, 2026.

Business

Qumis partners with NFP

By Coverager ·

The Chicago-based startup closed a $2.2 million pre-seed funding round earlier this year.

Financials

Lemonade reports Q2 results

By Avi Ben-Hutta ·

In-force premium was over $1 billion.

Financials

WTW reports flat revenue

By Coverager ·

$2.3 billion in revenue for Q2 2025.

Financials

Neptune Flood surpasses 250,000 policies in force

By Shefi Ben-Hutta ·

According to Coverager’s MGA report, Neptune Flood saw a nearly 505% increase in disclosed premium from 2023 to 2024.

Strategy

The Benecon Group names new chief commercial officer

By Gabriella Ben-Hutta ·

Benecon provides self-funded medical benefit programs.

Business

USI acquires Rogers Insurance Center

By Coverager ·

Rogers Insurance Center is an independent brokerage firm specializing in commercial and personal risk insurance programs.

Member News

Thinking of Building Your Own Insurance Distribution Channel Data Integration? Read This First.

By AgentSync ·

It hardly makes sense for organizations that have already invested significant time and money into developing their core technology to throw everything out and start anew.

Strategy

Sompo launches business development hub

By Shefi Ben-Hutta ·

Primarily focused on the Japanese market.

Innovation

QBE Foundation backs climate resilience initiative in Asia

By Shefi Ben-Hutta ·

QBE is the first insurer to partner with Humanity Insured.

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Member News

ITC Infotech and InsureMO Partner to Bring AI-Driven Insurance Modernisation to Middle East, Africa, and India

By InsureMO, InsureMO ·

Buying Claims AI Is the Easy Part. This is How Two Claims Organizations are Making It Stick.

By Yo Sub Kwon, Voltaire ·

Zywave Announces 2026 Cyber Risk Award Winners

By Zywave ·

What Happens When Insurance Carrier Experts Retire?

By Vertafore ·

What 6,000 Insurance Leaders Were Actually Whispering About at Insurtech Insights USA

By Justin Jaksha, ePayPolicy ·

10 Cheapest Home Insurance Companies in Florida

By Melanie Musson, Clearsurance ·

Scaling Carrier Client Experience Starts Behind the Scenes

By Vertafore ·

Ivans Index May 2026 Results Released

By Michael Streit, Applied Systems ·

The Plaintiff Bar Brought AI to the Claim File. Carriers Should Arm the Adjuster.

By Yo Sub Kwon, Voltaire ·

Producerflow Launches Partner Portal to Modernize Carrier Collaboration with Distribution Partners

By Ido Deutsch, Producerflow ·

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