Money Management Archives

Coverager Data

CURE (Citizens United Reciprocal Exchange) partnered with Farmers of Salem GEICO partnered with Obsidian Insurance Holdings Qualys partnered with Cowbell Qualys partnered with Mulberri First Connect Insurance Services partnered with CNA Insurance Fasst raised $28.5M Windward Risk Managers picks Akur8 in Sales AXIS Capital picks Mea Platform in Sales Allstate picks Covr Financial Technologies in Sales Insurity picks ICEYE in Claims Bees360 picks Source7 in Underwriting Molina Healthcare raised $750M Fortegra raised $150M Corebridge Financial raised $936M Clearcover raised $44M

Erie Insurance reports Q3 2024 results

By Shefi Ben-Hutta

Erie recently introduced Business Auto 2.0.

Business

Mulberri partners with Qualys

By Coverager ·

Qualys is a provider of cloud-based IT, security and compliance solutions.

Financials

CNA reports Q3 2024 results

By Shefi Ben-Hutta ·

CNA CEO Dino Robusto announced that he will transition to Executive Chairman on January 1, 2025, with Doug Worman stepping in as CEO.

Investments

Starfish Space raises $29 million

By Coverager ·

Starfish Space develops autonomous satellite servicing vehicles for extending satellite lifespans and removing space debris.

Product

AER launches Management Liability insurance program

By Gabriella Ben-Hutta ·

Aegis Executive Risks is a division of Aegis General Insurance Agency and K2 Insurance Services.

Member News

The Evolving Landscape of Construction Risk Management with Rob McDonough of Marsh

By John Fohr ·

Explore how construction risk managers are adapting with insights from Rob McDonough of Marsh. Discover trends and essential skills for the industry.

Financials

EverQuote reports Q3 2024 results

By Shefi Ben-Hutta ·

Key platform milestones included the completion of its new site platforms and a major release of the updated agent platform.

Financials

Brighthouse Financial reports Q3 2024 results

By Coverager ·

Brighthouse reported strong Shield annuity sales, reaching $5.8 billion year-to-date—a 15% increase over 2023.

Investments

BellTower Partners closes private investment in Ascot Group

By Coverager ·

BellTower upsized its private financing of Ascot due to strong demand from investors.

Ruby Re closes second round of funding

By Coverager ·

The second round includes capital commitments from AllianceBernstein L.P., EnTrust Global, and Enstar Group.

Business

Securian Canada launches Creditor Insurance Digital Discovery Tool

By Coverager ·

The educational tool is available for lenders in both English and French.

Business

TownSq partners with Thumbtack

By Gabriella Ben-Hutta ·

Homeowners in TownSq communities will now be able to find and hire local service professionals directly within the TownSq app.

Financials

2024 has been a challenging year for Selective

By Shefi Ben-Hutta ·

Full-year guidance points to high single-digit ROE, falling short of the 12% target.

Business

Risk Strategies acquires Felsen Insurance Services

By Gabriella Ben-Hutta ·

Terms of the deal were not disclosed.

Investments

Ualá raises $300 million

By Avi Ben-Hutta ·

Allianz X led the round.

Financials

Hanover reports Q3 2024 results

By Shefi Ben-Hutta ·

Small Commercial experienced 6% growth, boosted by Hanover’s TAP Sales platform and expanded sales force.

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Featured Jobs

VP, Auto Line Leader – Personal Lines

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Member News

HAI Group Goes Live on OneShield Enterprise Platform 7, Launching General Liability and Excess Products

By Janice Merkley, OneShield ·

Is Your Distribution Network Built to Scale?

By AgentSync, AgentSync ·

Branch Enhances Claims Operations with Kyber’s AI-Powered Platform, Achieving Significant Efficiency Gains

By Sav Gadoo ·

Gen Z talent is a rising star for independent insurance agencies

By Vertafore ·

Cake & Arrow to host upcoming webinar exploring how to use Design Thinking techniques to bring insurance to life

By Emily Smith Cardineau, Cake & Arrow ·

The 2024 update to the Insurance API Index is finally here!

By Herald, Herald ·

Honeycomb Expands to Washington State and Maryland, Now Insuring Over $35 Billion in Assets

By Itai Ben Zaken, Honeycomb Insurance ·

In an Expensive and Difficult Market, States Aim to Make Fire Risk Ratings More Transparent

By AgentSync, AgentSync ·

Vertafore acquires Surefyre, expanding its AI capabilities to accelerate MGA growth and innovation

By Vertafore ·

Stere and EPIC Insurance Partner to Transform Insurance for Small Businesses

By Stere, Stere ·

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