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GEICO partnered with Fidelity Life GEICO partnered with eFinancial EverQuote partnered with Progressive Squaretrade partnered with Reebelo Generali raised $836.38M AgencyBloc picks SunFire in Sales Abacus Life picks Lorisco Life in Risk Mitigation M3 Insurance Solutions partnered with Chubb Zing Health raised $140M GeoX raised $19M Laris Motorsports Insurance picks BriteCore in Admin Farm Bureau Insurance of Michigan picks Whisker Labs in Risk Mitigation Arden Insurance Services picks Nearmap in Underwriting Ledger Investing raised $100M First American Financial Corporation raised $450M

I(N)A

By Shefi Ben-Hutta

We’ve found the insurance industry’s very own “Eli Copter.”

Investments

Oyster raises $59 million

By Gabriella Ben-Hutta ·

Oyster is a payroll and HR platform that specializes in distributed workforces.

Product

American National named a Barron’s Top 100 Annuity

By Coverager ·

American National is a provider of annuities, life insurance, retirement solutions, and P&C products.

Innovation

A-G Specialty Insurance acquires Bollinger TPA Services

By Coverager ·

Gallagher had originally acquired Bollinger TPA Services in 2014.

Strategy

Zurich Australia appoints Chief Risk Officer

By Coverager ·

Wainwright will succeed Jaimie Sach, who is retiring after serving as Chief Risk Officer at Zurich since 2019 and a distinguished 30-year career in the wealth industry.

Investments

MSI invests in Asian health insurance MGA

By Coverager ·

MSI is the largest non-life insurance group in the ASEAN region by gross written premiums and has identified health insurance as a key area for growth.

Product

Travelers Canada introduces OPTIMA® Home

By Gabriella Ben-Hutta ·

New property insurance product available for homeowners, tenants, condominium and landlord policies in Ontario and Western Canada

Strategy

Tune Protect focuses on travel segment

By Coverager ·

The company also plans to introduce new, targeted insurance products.

Technology

Gridspace enhances AI voice agent Grace

By Shefi Ben-Hutta ·

USAA is an investor.

Investments

Modern health benefits startup Thatch raises $38 million

By Shefi Ben-Hutta ·

This brings Thatch's total funding to $44 million.

Investments

The Demex Group raises $10.25 million

By Shefi Ben-Hutta ·

Demex delivers parametric reinsurance solution for losses due to severe convective storms.

Business

Moody’s acquires Praedicat

By Coverager ·

The terms of the transaction were not disclosed.

Business

Root integrates with First Connect

By Coverager ·

The two companies plan to roll out the new streamlined quote and bind process to independent agents in additional states in the coming months.

Strategy

Main Street America exits personal lines insurance

By Shefi Ben-Hutta ·

The company, which has been around for over a century, sees more potential in offering insurance for small businesses and complex risks that independent agents are good at handling.

Business

HBX Group partners with battleface

By Avi Ben-Hutta ·

HBX Group will offer battleface insurance products in phases to its clients and partners.

Business

Bishop Street Underwriters acquires Conifer Insurance Services

By Coverager ·

Conifer operates a portfolio of three programs across several specialty lines of business.

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Featured Jobs

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Member News

Herald Introduces AI-powered Data Extraction

By Herald, Herald ·

Coterie Insurance Enables Instant Business Insurance with BTIS

By Katherine Jones, Coterie Insurance ·

HawkSoft Welcomes Rhodian Group to Solution Partner Program

By HawkSoft, HawkSoft ·

Crimes Against Customers: Part 3 – Technology Crimes

By AgentSync, AgentSync ·

Kyber Unveils Platform to Automate Claims Notices & Letter for Insurance Claim Teams

By Sav Gadoo ·

Gerent & Herald Revolutionize Workflows for Insurance Brokerages

By Herald, Herald ·

How Personalization Creates Engagement for a World-Class Producer Experience

By AgentSync, AgentSync ·

Insurance knowledge databases: The InsurTech that tames a hard market

By Vertafore ·

What carriers should consider as federal courts delay the 2024 DOL Fiduciary Rule implementation

By Vertafore ·

Administrative Actions: What Are They and Who Do You Report Them to?

By AgentSync, AgentSync ·

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