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.

Business

The Hartford announces leadership successions

By Coverager ·

Company names Michael Fish head of Group Benefits and H. Clay Bassett Jr. global chief underwriting officer and head of reinsurance.

Strategy

Direct Line insurance to launch on price comparison websites

By Avi Ben-Hutta ·

The new products will be specifically designed for price comparison websites.

Business

Marsh McLennan Agency to acquire The Horton Group

By Coverager ·

The deal is anticipated to close within the third quarter of 2024.

Product

Guard exits California home insurance market

By Shefi Ben-Hutta ·

This move follows similar exits by other insurers.

Investments

Principal and RGA back Zoë Foundry

By Avi Ben-Hutta ·

Zoë Foundry aims to launch three employee benefits startups annually.

Business

Westwood Insurance Agency partners with Stanley Martin Homes

By Avi Ben-Hutta ·

Stanley Martin Homes will be able to offer homeowners insurance to its customers early in the home-buying process.

Investments

AmTrust invests in weSure Global

By Avi Ben-Hutta ·

AmTrust and weSure have been partners since 2022.

At-Bay to shut down Relay

By Avi Ben-Hutta ·

At-Bay acquired Relay nearly two years ago.

Investments

Gradient AI raises $36 million

By Coverager ·

Gradient AI's insurer backers include AmFam and MassMutual.

Financials

Solera announces filing for IPO on NYSE

By Coverager ·

Solera is a provider of SaaS solutions to the vehicle lifecycle ecosystem.

Business

SES Risk Solutions partners with Guaranteed Rate Insurance

By Coverager ·

The companies will enable rental property owners to secure comprehensive landlord insurance coverage.

Business

Unum Group to sell medical stop loss operations to Amynta Group

By Coverager ·

The transaction is expected to close in the third quarter of 2024, subject to customary closing conditions.

Strategy

Howden Re and Moody’s launch talent exchange program

By Coverager ·

This initiative aims to enhance professional development, career opportunities, and knowledge sharing.

Innovation

TAL partners with Microsoft

By Coverager ·

The agreement builds on the two organizations’ longstanding partnership.

Financials

Ardonagh Advisory acquires Shropshire-based Rollinson Smith Insurance Brokers

By Coverager ·

The team of 26 operates from Telford.

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Member News

How to Dance the Surplus Lines Tax Tango

By AgentSync, AgentSync ·

Hastings Direct and Cambridge Mobile Telematics Announce Partnership Renewal

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

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 ·

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Member News

How to Dance the Surplus Lines Tax Tango

By AgentSync, AgentSync ·

Hastings Direct and Cambridge Mobile Telematics Announce Partnership Renewal

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

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