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.

Business

Porsche Auto Insurance introduces new Unlimited Policy

By Gabriella Ben-Hutta ·

The new product is designed for Porsche owners who drive over 10,000 miles a year.

Business

Grange Insurance names Nicole Carter VP, PL Sales & Strategic Distribution

By Gabriella Ben-Hutta ·

Carter has nearly 30 years of experience in the insurance industry.

Technology

NGL launches dedicated funeral home support service

By Coverager ·

The service is designed to assist funeral home directors and staff with claims filing, policy inquiries, and other operational needs.

Strategy

Ironwood Warranty Group adds ServeCo North America to client roster

By Gabriella Ben-Hutta ·

ServeCo North America is a provider of extended service contract programs and related services for furniture and mattress retailers.

Product

New York Marine launches cyber suite 2.0

By Coverager ·

Coverage is targeted at small and medium-sized businesses.

Business

Legal & General announces board changes

By Coverager ·

These changes align with Legal & General’s growth objectives and focus on strategic oversight.

Business

Experian acquires Audigent

By Coverager ·

This move builds on Experian’s acquisition of Tapad in 2020.

Strategy

Upbound Group to acquire Brigit for up to $460 Million

By Shefi Ben-Hutta ·

Brigit will operate as a segment of Upbound, retaining its brand, New York headquarters, and leadership under co-founders Zuben Mathews and Hamel Kothari.

Product

Tango excess insurance program to be backed by SiriusPoint

By Shefi Ben-Hutta ·

Tango Specialty is a commercial lines MGA with a team of nearly 50 people, according to LinkedIn. Last year, it raised $1.3 million from Pelican Ventures.

Technology

QuickFacts expands comparisons platform with hobby farm insurance

By Coverager ·

Brokers can now provide tailored recommendations, streamlining the process for hobby farm owners seeking comprehensive coverage.

Innovation

SBLI appoints Wade Seward as chief distribution officer

By Coverager ·

Seward will oversee SBLI’s Independent Distribution and Direct Sales efforts and will drive expansion into new broker, partner, and producer opportunities.

Product

RSA launches protection for climate professionals

By Coverager ·

The product is available through RSA's Regions business, catering to brokers and their clients.

Technology

CyberCube partners with HUB International

By Coverager ·

HUB will leverage CyberCube's Broking Manager software

Product

Allstate to withdraw motorhome insurance in Virginia, offering replacement coverage through affiliate

By Coverager ·

As of November 19, 2024, Allstate Property and Casualty Insurance Company has 601 Motorhome policies in force.

Investments

Sage raises $35 million

By Coverager ·

Sage plans to enhance its dynamic care management system.

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Member News

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

By Vertafore ·

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 ·

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