P2P Archives

Coverager Data

GEICO partnered with Obsidian Insurance Holdings Qualys partnered with Cowbell Qualys partnered with Mulberri First Connect Insurance Services partnered with CNA Insurance First Connect Insurance Services partnered with National General Allstate picks Covr Financial Technologies in Sales Insurity picks ICEYE in Claims Bees360 picks Source7 in Underwriting Forge Insurance picks GloveBox in Sales Molina Healthcare raised $750M Utica First Insurance Company picks Akur8 in Sales Fortegra raised $150M Corebridge Financial raised $936M Clearcover raised $44M Artio raised $714.18K

Intact acquires home maintenance app

By Shefi Ben-Hutta

Jiffy’s co-founders and team will continue operations under the Jiffy brand.

Business

TownSq partners with Thumbtack

By Gabriella Ben-Hutta ·

Homeowners in TownSq communities will now be able to find and hire local service professionals directly within the TownSq app.

Financials

2024 has been a challenging year for Selective

By Shefi Ben-Hutta ·

Full-year guidance points to high single-digit ROE, falling short of the 12% target.

Business

Risk Strategies acquires Felsen Insurance Services

By Gabriella Ben-Hutta ·

Terms of the deal were not disclosed.

Investments

Ualá raises $300 million

By Avi Ben-Hutta ·

Allianz X led the round.

Financials

Hanover reports Q3 2024 results

By Shefi Ben-Hutta ·

Small Commercial experienced 6% growth, boosted by Hanover’s TAP Sales platform and expanded sales force.

Member News

Is Your Distribution Network Built to Scale?

By AgentSync ·

Assess the maturity of your insurance operations with this first-of-its-kind tool, designed to help you scale, optimize distribution, and mitigate risk.

Business

Q5 Wealth Management expands with addition of Scott Guptill to Ameriprise network

By Coverager ·

Q5 joined Ameriprise Financial’s independent channel in August after moving from UBS Financial Services.

Financials

Abacus Life reports Q3 2024 results

By Shefi Ben-Hutta ·

Abacus holds 532 policies on its balance sheet, valued at $274.4 million.

Business

Safeco enters into an agreement with Main Street America

By Coverager ·

The transition will begin in the second quarter of 2025, subject to regulatory requirements in relevant jurisdictions.

Innovation

Antares announces business unit restructure as it launches UK Insurer

By Shefi Ben-Hutta ·

CEO Mike van der Straaten stated this reorganization completes the company’s shift to a unified operational model.

Business

MassMutual announces CFO transition and chief actuary appointment

By Coverager ·

Betsy Ward will retire at the end of this year.

Business

SiriusPoint announces changes to chief underwriting office

By Coverager ·

From January 1, 2025, Anthony Shapella will be promoted into the role of Group Chief Underwriting Officer.

Innovation

Travelers appoints Volkswagen Insurance

By Shefi Ben-Hutta ·

The company’s principal office is located at 1950 Opportunity Way, Suite 1500, Reston, VA 20190—the headquarters of Volkswagen Group of America.

Investments

Agicap raises $48 million

By Gabriella Ben-Hutta ·

Treasury management platform Agicap announced a $48 million Series C funding round led by AVP.

Business

Progressive Home to discontinue Dwelling Fire line of business

By Coverager ·

DP-3 policies represented 3.6% of all Progressive property policies as of September 30, 2024.

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Member News

The Evolving Landscape of Construction Risk Management with Rob McDonough of Marsh

By John Fohr, TrustLayer ·

Branch Enhances Claims Operations with Kyber’s AI-Powered Platform, Achieving Significant Efficiency Gains

By Sav Gadoo ·

Gen Z talent is a rising star for independent insurance agencies

By Vertafore ·

Cake & Arrow to host upcoming webinar exploring how to use Design Thinking techniques to bring insurance to life

By Emily Smith Cardineau, Cake & Arrow ·

The 2024 update to the Insurance API Index is finally here!

By Herald, Herald ·

Honeycomb Expands to Washington State and Maryland, Now Insuring Over $35 Billion in Assets

By Itai Ben Zaken, Honeycomb Insurance ·

In an Expensive and Difficult Market, States Aim to Make Fire Risk Ratings More Transparent

By AgentSync, AgentSync ·

Vertafore acquires Surefyre, expanding its AI capabilities to accelerate MGA growth and innovation

By Vertafore ·

Stere and EPIC Insurance Partner to Transform Insurance for Small Businesses

By Stere, Stere ·

Branch Transforms Template Management with Kyber, Achieving Dramatic Operational Improvements

By Sav Gadoo ·

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