Money Management Archives

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Aviva partnered with Kvikk Forsikring Aviva picks InsureMO in Admin 5 Star Life Insurance picks Benekiva in Claims Amwins picks Upstage in Admin Altares partnered with Tinubu MSI partnered with Moved DoorDash partnered with Everspan Group Take Command Health partnered with Guardian Life GEICO picks Entegral in Claims Slingshot Insurance raised $27M Vertical Insure picks Slingshot Insurance in Admin Atlian raised $803.64K Lasaco Assurance raised $13.59M The Happy Camper raised $2.5M Income Lab raised $1.25M

AmTrust International Acquires Wakam

By Shefi Ben-Hutta

The deal gives AmTrust a French platform and adds complementary business in the UK.

Investments

Atlian raises pre-seed funding for construction insurance software

By Shefi Ben-Hutta ·

The company plans to onboard its first brokers in November.

Investments

Readily raises $11 million Series A

By Shefi Ben-Hutta ·

L.A. Care Health Plan is among the organizations working with Readily.

Product

Legacy Marketing Group and Malibu Life launch two indexed annuities

By Coverager ·

TruSpire is licensed in 43 states and Washington, D.C. Product availability and features vary by state.

Business

Talage stops serving outside customers, becomes part of Mission’s tech stack

By Shefi Ben-Hutta ·

Mission acquired Talage in May 2025.

Innovation

DoorDash launches restaurant insurance with Authentic

By Shefi Ben-Hutta ·

Everspan is among the participating insurance carriers underwriting coverage for the program.

Technology

Sure offers renters insurance quotes through ChatGPT

By Coverager ·

Purchases are completed on Sure’s website.

Technology

Asshield adds ChatGPT insurance quote requests

By Coverager ·

The integration gives Asshield a conversational intake channel.

Technology

Kin enables WebMCP for AI insurance shopping

By Coverager ·

The integration lets consumers use ChatGPT to obtain a customized home insurance quote ready for purchase.

Financials

Selective shrinks troubled business, expands E&S access

By Shefi Ben-Hutta ·

Personal lines premiums declined 8% to $96 million.

Business

K2 to wind down Aegis General’s Executive Risks Division

By Shefi Ben-Hutta ·

The division will stop writing new and renewal business on November 1, 2026.

Business

Everspan to sell admitted insurer to Falvey

By Shefi Ben-Hutta ·

Everspan expects the sale to add about $11 million to tangible book value and lower operating costs.

Investments

The Happy Camper raises $2.5 million

By Shefi Ben-Hutta ·

The Happy Camper plans to extend its technology and service infrastructure into marine and powersports.

Technology

Sompo Japan selects CyberCube for cyber risk analytics

By Coverager ·

The tools will help Sompo Japan assess accounts, track shared exposures and estimate losses.

Investments

Octane secures $1.4 billion loan purchase facility

By Coverager ·

The deal expands existing relationships with New York Life, MetLife, and Equitable.

Business

ISC acquires commercial wholesaler USAsia

By Shefi Ben-Hutta ·

The acquisition supports ISC’s strategy of building a broader wholesale distribution platform for independent agencies.

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Vertafore launches Velocity Coach Agent to drive employee proficiency and productivity at independent insurance agencies

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Vertafore automates policy processing with two new Velocity AI agents for independent agencies

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OneShield Appoints Terry Brown Chief Insurance Officer

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How AI is Changing Insurance Document Research

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Ascend Introduces Cora, an AI Coworker Designed to Enhance Automation, Starting with Commissions Reconciliation

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