Insurer-Backed VC Archives

Coverager Data

QBE Hong Kong picks Assureful in Sales SiriusPoint partnered with Tara Hill Insurance Services Simply Business (USA) partnered with Coterie Insurance Insurance Canopy partnered with Hiscox Storebrand raised $210M Prudential Financial picks Empathy in Claims Pie Insurance picks CorVel in Claims Insurify partnered with Wisely by ADP Rainbow MGA Insurance Agency partnered with Bold Penguin Bikmo raised $6M Stand Insurance Solutions raised $30M StartSure picks Broker Buddha in Sales Nationwide picks TrustLayer in Customer Service Roadzen raised $2.5M Players Health raised $60M

Is The Hartford getting a makeover?

By Shefi Ben-Hutta

Based on the new trademark, it appears the company may be modernizing its brand with a new font and transitioning to lowercase lettering.

Strategy

Aviva reaches deal with Direct Line

By Coverager ·

Aviva has formalized the terms of its acquisition.

Strategy

Nexus Underwriting to acquire Arma Underwriting

By Coverager ·

The transaction is expected to close in the first quarter of 2025, subject to certain closing conditions.

Business

LWCC to acquire Prescient National

By Coverager ·

Prescient National will continue to operate as a separate business in Charlotte, North Carolina.

Investments

Rainier Partners invests in Welfare & Pension Administration Service

By Shefi Ben-Hutta ·

WPAS has a long-standing reputation for providing comprehensive trust administration services to Taft-Hartley multi-employer benefit plans.

Product

YAS and QBE launch “pay-as-you-sell” product liability insurance

By Coverager ·

This on-demand insurance dynamically adjusts monthly premiums to align with actual sales.

Business

Frontdoor acquires 2-10 Home Buyers Warranty

By Coverager ·

Frontdoor purchased 2-10 Home Buyers Warranty in an all-cash transaction for $585 million.

Business

Yurconic Agency acquires WR Sims Agency

By Gabriella Ben-Hutta ·

This acquisition marks Yurconic’s 9th overall and 5th in 17 months, expanding its footprint to 17 locations.

Business

Wrisk appoints Sebastian Hartmann as European director of business development

By Coverager ·

In his new role, Hartmann will focus on expanding Wrisk’s automotive financial services client base across Europe.

Strategy

CCC Intelligent Solutions to acquire EvolutionIQ

By Coverager ·

The deal – expected to close in Q1 2025 – is valued at $730 million.

Innovation

Waymo releases new study with Swiss Re

By Coverager ·

According to the company, the study demonstrates that the Waymo Driver significantly outperforms both the overall driving population and the latest generation of human-driven vehicles equipped with advanced driver assistance systems.

Business

W. R. Berkley Corporation establishes branch office of Berkley Insurance Company in India

By Coverager ·

Unnati Bajpai has been named chief executive officer.

Marketing

Zurich Australia extends partnership with Wests Tigers

By Coverager ·

The partnership started in 2022.

Business

Aon partners with Fathom

By Coverager ·

Fathom provides water risk intelligence and flood models.

Business

Chime to go public

By Avi Ben-Hutta ·

According to reports, Chime has about 7 million active users.

Member News

Vertafore’s Kelly Maheu joins the educational arm of the Big “I”

By Vertafore ·

The Invest Program brings new professionals into the industry through insurance education

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Featured Jobs

AVP, Relationship Management – National Partners

Nationwide

Senior Executive Compensation Analyst

American Family Insurance

AVP, P&C Climate Risk and Exposure Analytics

USAA

Member News

Are your legacy systems keeping your applicants in the dark?

By Team at Sureify, Sureify ·

When Choosing Producer Lifecycle Management Software, Don’t Overlook the Importance of Customer Success

By AgentSync, AgentSync ·

What do drivers think about telematics?

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

Nationwide and TrustLayer: Changing the Game in Insurance Verification

By John Fohr, TrustLayer ·

Nationwide partners with TrustLayer to pioneer on-demand commercial insurance verification

By John Fohr, TrustLayer ·

Sure unveils vision for the future of insurance on its technology rails and network

By Sure, Inc. ·

Unlocking Efficiency in Life Insurance Renewals

By AgentSync, AgentSync ·

Insurance regulatory updates, market challenges, and AI innovations from the SILA 2024 National Education Conference

By Vertafore ·

Buy vs. Build: Navigating the SaaS AI Technology Decision

By Robin Roberson, Agentech ·

CU Financial Group and Sure partner to launch digital insurance solution SimpleQuote for credit unions

By Sure, Inc. ·

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