B2B Archives

Coverager Data

Way Specialty picks Origami Risk in Admin Mayflower Specialty partnered with Hadron Insurance Obie picks Magiq in Claims Well Link Insurance Group raised $200M Alan raised $453.82M Taktile raised $110M Odie Pet Insurance picks Magiq in Admin Adopt-a-Pet.com partnered with Lemonade ARAG partnered with LifeCloud Symetra partnered with PlanSource Vivere Partners partnered with Munich Re Mitigata raised $15M Enstar Group raised $500M Portage Mutual picks Akur8 in Pricing Aon uses Artificial Intelligence in Underwriting

Mitigata raises $15 million

By Gabriella Ben-Hutta

Indian cyber-insurance broker has raised $15 million in a Series B funding round led by Bessemer Venture Partners.

Innovation

Inigo sponsors climate research program with University of Cambridge

By Coverager ·

Inigo aims to better assess the likelihood and impact of hurricanes, ultimately enhancing the industry’s ability to prepare for and respond to these catastrophic events.

Technology

Insuritas partners with Ocean State Credit Union to launch digital agency

By Coverager ·

The agency is set to launch in late 2024.

Strategy

Higginbotham partners with Cassidy & Company to expand southeast presence

By Coverager ·

Both firms aim to expand their market share.

Product

Erthos teams up with New Energy Risk on new warranty product

By Coverager ·

This warranty is expected to encourage more customers to adopt the Earth Mount Solar system.

Financials

HEMIC declares $5 million dividend for policyholders

By Coverager ·

HEMIC remains the leading provider of workers' compensation insurance in Hawaii

Product

Transamerica introduces final expense insurance powered by Bestow

By Coverager ·

FE Express is powered by Bestow.

Business

Caroline Feeney named chair of LL Global

By Gabriella Ben-Hutta ·

Feeney, CEO of Prudential’s U.S. businesses, will lead the nonprofit financial services industry organization in 2025.

Business

American Family raises minimum wage to $25 per hour

By Gabriella Ben-Hutta ·

This is the third time since 2020 that American Family group has raised its minimum wage.

Business

Wefox appoints new CEO

By Avi Ben-Hutta ·

It was reported that Wefox was looking to replace Hartigan after the German insurance startup’s board rejected a proposal by its largest stakeholder.

Business

Functional Finance raises $20 million

By Avi Ben-Hutta ·

Functional Finance's platform offers solutions that simplify invoicing, premium payments, collections, reconciliation, and more.

Business

Prudential Financial introduces Stop Loss Insurance

By Coverager ·

Prudential’s Stop Loss product suite is available to employers with self-funded medical and prescription drug plans that cover at least 100 employees.

Business

Pineapple Financial launches Pineapple Insurance

By Avi Ben-Hutta ·

The company claims that its insurance business will operate in Ontario, Manitoba, British Columbia, and Alberta.

Business

AIG appoints Keith Walsh Executive Vice President, Chief Financial Officer

By Coverager ·

Walsh will report to AIG Chairman & Chief Executive Officer, Peter Zaffino.

Business

Pivix announces official launch

By Coverager ·

Pivix will offer property and casualty coverages for targeted segments and products will be distributed exclusively through wholesale brokers.

Innovation

Allianz Partners launches new claims portal and adopts AI

By Coverager ·

Allianz Partners USA unveiled their new Universal Claims Portal.

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Member News

Canal Insurance Selects Kyber to Enable Claims Modernization and Equip Its Teams for the Road Ahead

By Kyber, Kyber ·

Canopy Connect Reaches 10 Million Shared Insurance Policies as Demand for Verified Insurance Data Grows

By Insurance Verification, Canopy Connect, Inc. ·

Checklist: 6 Ways to Automate for Smarter Insurance Operations this Summer

By Evy Strom, ePayPolicy ·

A major global broker in Australia moves commercial broker placement to API-first negotiation infrastructure

By InsureMO, InsureMO ·

5 Strategic Tradeoffs MGAs are Navigating

By Vertafore ·

Fuse Launches Hospitality Vertical, Bringing Real-Time, Synthesized Market Intelligence to One of Commercial Insurance’s Most Dynamic Classes

By Sean Bourgeois, Fuse ·

Florida Fixed the Litigation Incentives. Here's How Voltaire Has Been Helping.

By Yo Sub Kwon, Voltaire ·

The Adjuster Shortage Is Turning Claims AI Into an Operating Necessity

By Yo Sub Kwon, Voltaire ·

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 ·

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