Insurer-Backed VC Archives

Coverager Data

Eastern Alliance Insurance picks CLARA Analytics in Claims Coverdash partnered with Rocket Lawyer VIU by HUB partnered with Travelers VIU by HUB partnered with Cincinnati Insurance VIU by HUB partnered with Selective VIU by HUB partnered with Chubb Ping An raised $3.5B Societe Generale Assurances raised $26M NAU Country Insurance Company uses Digital Technology in Sales First Choice Agents Alliance picks Bold Penguin in Sales Oka picks Socotra in Admin Sompo Japan picks Momentick in Risk Mitigation Triglav d.d. raised $108.16M Groupama raised $648.99M Gradient AI raised $36.13M

Lemonade expands home insurance offering in the UK

By Avi Ben-Hutta

In October 2022, the company entered the UK market with contents insurance.

Strategy

BatchService integrates titlegenius by Radian

By Coverager ·

BatchService is a real estate data and technology company.

Business

Allianz Trade partners with BPL

By Gabriella Ben-Hutta ·

BPL is a specialist credit and political risk insurance broker.

Business

Wrisk Europe establishes Advisory Board

By Gabriella Ben-Hutta ·

Wrisk is a provider of embedded insurance solutions for Automotive OEMs.

Business

Securian Financial launches surplus lines insurance company

By Gabriella Ben-Hutta ·

Securian Financial is a provider of insurance and other protection products to more than 6,000 financial institutions and associations in the US and Canada.

Financials

YuLife nearly doubles written premiums

By Avi Ben-Hutta ·

The London-based startup generated £76.6 million in written premiums.

Business

Bain Capital to buy Envestnet

By Coverager ·

Envestnet manages over $6 trillion in assets.

Investments

Earned Wealth raises $200 million

By Avi Ben-Hutta ·

Earned is a financial services firm focused exclusively on medical professionals.

Member News

Hastings Direct and Cambridge Mobile Telematics Announce Partnership Renewal

By Cambridge Mobile Telematics ·

July 11, 2024, Cambridge, MA— Cambridge Mobile Telematics (CMT), the world’s largest telematics service provider, and Hastings Direct, a leading provider of insurance broking services to the UK private car,...

Innovation

Aspen launches Aspen Data Labs

By Coverager ·

Aspen Data Labs is a new platform to deliver Aspen’s digital strategy and drive forward the business’ data and artificial intelligence agenda.

Business

Zenith Insurance announces leadership change

By Coverager ·

Zenith Insurance will appoint Davidson Pattiz as President and Chief Executive Officer.

Marketing

Guaranteed Rate Insurance rebrands

By Avi Ben-Hutta ·

Earlier this month, Guaranteed Rate, the parent company of Guaranteed Rate Insurance, rebranded to Rate.

Business

Heffernan acquires Costello Insurance Associates

By Coverager ·

Costello became part of Heffernan's aviation specialty practice on May 1, 2024.

Business

Open Lending partners with Securian Financial

By Avi Ben-Hutta ·

The partnership enables Open Lending to provide insurance coverage through its flagship Lenders Protection program.

Business

Openly launches in Virginia

By Coverager ·

Openly is now live in 23 states.

Business

APOLLO partners with Dream

By Coverager ·

Dream has over $25 billion in assets across North America and Europe.

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Member News

How to Dance the Surplus Lines Tax Tango

By AgentSync, AgentSync ·

4 Steps to Better Broker/Underwriter Workflows

By Appian, Appian ·

Insurance 101: All About Insurance Carrier Appointments

By AgentSync, AgentSync ·

Najm Launches Advanced Telematics Initiative to Improve Safe Driving in Saudi Arabia

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

How MGAs can use tech to strengthen customer-carrier relationships

By Vertafore ·

Do Tow Truck Drivers Expect Tips?

By Melanie Musson, Clearsurance ·

Five Ways Appian Drives Insurance Modernization

By Appian, Appian ·

8 Ways AgentSync Can Elevate Your Salesforce Experience

By AgentSync, AgentSync ·

GradGuard Urges College Students and Families to Safeguard Their Investments in Higher Education

By John Fees, GradGuard ·

AI’s Role in Combating the Aging Workforce with Allister Yu of Rhoads Online Institute

By John Fohr, TrustLayer ·

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