Money Management Archives

Coverager Data

Canopius partnered with Sure Insurance Indemni partnered with Chaucer Nettle raised $4.8M Indemni raised $4M Bluevine partnered with Coverdash Colonial Life picks TruAgents in Admin W Insurance Company partnered with Spot Pet Insurance Sure partnered with PaxRent Knighthead Life picks Brain Co. in Admin MetLife Pet Insurance picks Fletch Technologies in Sales Bold Penguin picks bolttech in Sales Charter Space raised $5M ElevenLabs raised $300M Rosella Brokerage raised $3.7M

ElevenLabs reaches $22 billion valuation

By Shefi Ben-Hutta

Admiral is among the organizations that have rolled out ElevenAgents since February.

Investments

Valon raises $150 million

By Coverager ·

Ribbit Capital led the round.

Business

Saga to launch pet insurance product

By Coverager ·

The new offering will launch in November.

Investments

Nettle raises $4.8 million

By Shefi Ben-Hutta ·

Nettle is an AI loss control platform for commercial insurers.

Product

Canopius replaces QBE as Castle Insurance underwriter

By Shefi Ben-Hutta ·

Castle offers home and contents insurance through brokers and has been operating for approximately 12 months.

Innovation

Inspectform brings property data searches to ChatGPT

By Coverager ·

The tool is designed to surface decades of property records that can be difficult to locate.

Business

SIAA acquires Canopy Specialty Insurance

By Coverager ·

Canopy will retain its underwriting authority.

Innovation

Blitzy launches review tool for AI-generated code

By Shefi Ben-Hutta ·

The startup is backed by Erie Strategic Ventures, Liberty Mutual Strategic Ventures, and New York Life Ventures.

Innovation

F&G files trademark application for “F&G FastPath”

By Coverager ·

The application lists annuity underwriting, life insurance underwriting, issuance and administration of annuities, and issuance of life insurance.

Investments

Homeward raises $120 million

By Shefi Ben-Hutta ·

Continental General is an investor.

Product

Rokstone launches US financial lines platform

By Coverager ·

The platform is led by James Hebert, who joins after a decade at AIG.

Business

Bluevine partners with Coverdash

By Coverager ·

The companies are bringing commercial insurance into the Bluevine platform.

Member News

How the Insurance Industry Can Drive Growth in the Age of AI

By Zywave ·

Zywave’s Jeff Cohen sat down with NFP’s President of Commercial Risk Tom Gillingham for a fireside chat to talk about growth, talent, and how the insurance industry can best harness AI.

Business

Prismic Life announces $5 billion reinsurance agreement with Prudential

By Coverager ·

Prismic will reinsure approximately $5 billion of reserves backing USD-denominated Japanese whole life insurance policies.

Technology

Savvy opens insurance shopping to AI agents

By Coverager ·

The website consolidates most questions onto a single page to reduce back-and-forth between an agent and its user.

Business

Branch restructures independent agency channel

By Shefi Ben-Hutta ·

Branch said it is reorganizing its independent agency team to provide faster service and give agency partners more ways to grow their business.

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Member News

Flood Insurance vs. Home Insurance

By Melanie Musson, Clearsurance ·

EquiTrust Partners with Sureify to Build a More Connected Digital Future

By Team at Sureify, Sureify ·

Fuse Launches Environmental Hub, Combining Safety, PFAS and Litigation Signals Into One View of the Waste Risk Market

By Sean Bourgeois, Fuse ·

The Agentic Agency: Changing How Agency Work Gets Done

By Vertafore ·

5 Takeaways Every Broker Should Steal From Zywave Horizon: Digital Distribution Conference

By Zywave ·

Sureify Expands CoreCONNECT™ Platform with New aiCONNECT Purpose-Built for the Life & Annuity Industry

By Team at Sureify, Sureify ·

TrustLayer to Acquire PolicyReview, Expanding Leadership in AI-Powered Third-Party Risk Management

By John Fohr, TrustLayer ·

Vertafore Launches Velocity Document Intelligence Agent to Automate Research Across Insurance Workflows

By Vertafore ·

The AI Opportunity in Claims and Underwriting

By Vertafore ·

Vertafore unveils Digital Underwriter vision to help MGAs increase underwriting capacity, reduce cycle time and improve bind rates

By Vertafore ·

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