Insurer-Backed VC Archives

Coverager Data

Trilogy Underwriting partnered with Accelerant Holdings Movinx partnered with Liberty Mutual Rygen Technologies partnered with Loadsure Specialty Risk Re raised $50M AmerAdjust picks Agentech in Claims Acturis uses Artificial Intelligence in Sales Achmea uses Data & Analytics in Claims USAA picks Google Cloud in Risk Mitigation AssuranceAmerica partnered with The Zebra Auros Reciprocal Insurance Exchange partnered with Matic Insurance RenaissanceRe raised $500M BrokerTeam Insurance Solutions picks QuickFacts in Customer Service muffintech raised $3.67M muffintech raised $839.48K Renew Risk raised $6.14M

GEICO ends 2024 with $7.8 billion profit

By Avi Ben-Hutta

GEICO had 28,247 employees at the end of 2024.

Business

Xceedance acquires CIS Claim Services

By Gabriella Ben-Hutta ·

The acquisition adds specialty property claims appraisal, field adjusters, and litigated claims management capabilities.

Business

Falcon Risk Services introduces SOAR

By Coverager ·

Coverage is available on both primary and excess basis.

Business

Berkley Re unveils new division

By Coverager ·

This new division will continue to offer a wide range of reinsured turnkey solutions for both commercial and personal lines.

Business

Grange Insurance names Ryan Michel as Chief Property and Casualty Officer

By Coverager ·

Michel is a member of the American Academy of Actuaries and a Fellow of the Casualty Actuarial Society.

Investments

Muffintech raises €3.5 million

By Coverager ·

Muffintech already serves brokers, broker pools, and insurance companies.

Business

Travelers Europe names Mike Lawton Chief Operating Officer

By Coverager ·

Finalization of the role is subject to regulatory approval.

Technology

Lockton launches Digital Office

By Shefi Ben-Hutta ·

Led by Claude Yoder, Chief Data, Analytics, and Digital Officer.

Member News

2025 Insurance Carrier Appointment Renewals for Individual Producers

By AgentSync ·

A smooth carrier appointment renewal starts with good distribution channel management.

Business

Penn Mutual appoints Brandon Mann as managing principal at 1847Financial

By Coverager ·

He will lead growth initiatives across Utah and Arizona.

Product

Converge Insurance secures underwriting capacity from Obsidian

By Coverager ·

Converge is a cyber risk management and underwriting company.

Business

Arch Insurance UK promotes 4 to regional manager roles

By Coverager ·

Ian Grundy, Janice Mullan, Tony O’Reilly, and Janine Starkie.

Business

QBE North America Foundation partners with InnSure

By Gabriella Ben-Hutta ·

The two will implement a pilot program aimed at increasing resilience to climate-driven flood risks.

Strategy

Pan-American Life names Sherri Lindenberg VP of US Marketing

By Coverager ·

She will lead marketing efforts for PALIG’s US Life and Accident & Health divisions.

Product

Hub International launches Equine Risk Advisory Services

By Coverager ·

The practice is led by Laura Koester.

Technology

Penn River teams up with SPARK IPS

By Coverager ·

Penn River is a provider of policy administration solutions for the life and annuities industry.

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Featured Jobs

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Arch Insurance Group

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Berkshire Hathaway GUARD

Member News

AmerAdjust Leverages Agentech’s Digital Claims Co-workers

By Robin Roberson, Agentech ·

Introducing Kyber's PCMS Integration: Your Key to Simplified Claims Communication

By Arvind Sontha, Kyber ·

Future Family Launches the First Nationwide IVF Insurance: Baby or Your Money Back

By Margaret Cornejo ·

Transform Your Templates Into Comprehensive Claim Notices With Kyber's Parameter Auto-Population

By Arvind Sontha, Kyber ·

5 ways a professional conference boosts your insurance career

By Vertafore ·

Sure launches Sure Verify™ to transform insurance coverage verification for property management industry

By Sure, Inc. ·

L+M Development Partners Selects Five Sigma for Self-Insured Claims Management

By Oded Barak, Five Sigma ·

5 tech tools that can help when regulations change

By Vertafore ·

Wrisk appoints Christen Smith as Platform Sales Director

By Wrisk, Wrisk ·

RAVIN AI and Five Sigma Partner to Transform Auto Claims with AI-Powered Vehicle Assessments

By Oded Barak, Five Sigma ·

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