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Coverager Data

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 ING Group partnered with bolttech Ameriprise Financial raised $750M Cleerly Mortgages picks Acre in Admin Leavitt Group picks FurtherAI in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M KOBAN SÜDVERS picks CyberCube in Risk Mitigation 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.

Product

Breach launches crypto carrier

By Coverager ·

The new carrier will allow Breach to underwrite emerging crypto risks as a primary insurer.

Financials

Admiral acquires Luko’s French business

By Avi Ben-Hutta ·

This transaction does not include Luko’s real estate, or German or Spanish operations.

Investments

Stellantis Ventures backs BeWeel

By Avi Ben-Hutta ·

The venture arm targets early and later-stage startups.

Investments

Reask raises $4.6 million

By Avi Ben-Hutta ·

With its latest funding, Reask will add more hazard coverage and grow its team internationally.

USAA Life partners with Express Imaging Services

By Coverager ·

Express Imaging Services is a provider of medical record retrieval and digital data solutions.

Business

Liberty Mutual to sell personal and small commercial operations in Western Europe to Generali Group

By Coverager ·

The total price for the transaction is € 2.3 billion ($2.5 billion), subject to customary closing adjustments.

Financials

The Ardonagh Group completes acquisition of Dutch insurance firm Klap

By Gabriella Ben-Hutta ·

Founded in 1854 and based in Amsterdam, Klap advises SME companies on employee benefits, insurance, and pensions.

Member News

New analysis: Risky behaviors surge during the 100 Deadliest Days

By Cambridge Mobile Telematics ·

Nearly half of all teenage auto fatalities happen during what is known as the 100 Deadliest Days, which runs from Memorial Day through Labor Day. From 2012 through 2021, over 7,300 people were...

Investments

Thinksurance raises €22 million

By Avi Ben-Hutta ·

Thinksurance provides a variety of digital commercial insurance solutions to help intermediaries sell more efficiently.

Investments

TransUnion invests in Truework

By Avi Ben-Hutta ·

The consumer credit reporting company is investing $24 million in Truework.

Member News

Big Data Technologies Can’t Solve Small Commercial Problems

By Raunaq Kalia ·

Big data solutions created specifically for large commercial policyholders won't work in the small business sector. Small businesses have limited data which makes them hard to classify. NeuralMetrics shares how it is solving the small data problem.

Business

Chubb Introduces Cyber Central

By Coverager ·

Cyber Central is a quoting platform designed for agents and brokers who specialize in cyber risks.

Financials

Progressive records 99% combined ratio in May

By Avi Ben-Hutta ·

The insurer recorded a net income of $108 million.

Business

MetLife and Lyra Health expand access to workforce mental health solutions

By Coverager ·

This collaboration connects eligible employees to Lyra’s global network of more than 28,000 providers.

Business

Brightstar launches insurance brokerage

By Gabriella Ben-Hutta ·

Solstar will work on behalf of property owners and businesses to negotiate the "best prices and cover with a panel of A-Rated insurance companies."

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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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