Money Management Archives

Coverager Data

Boxx Insurance partnered with World Travel Protection Insureberry partnered with The Hartford Insureberry partnered with Obsidian Insurance Holdings Comulate raised $20M Upcover raised $11M Upcover raised $8M New England Indemnity Company picks INSTANDA in Sales Resource Pro picks INSTANDA in Admin UNIQA Group picks Bsurance in Sales Sensible Weather partnered with Hipcamp Sensible Weather partnered with GolfNow Snapsheet picks Kyber in Claims Convex Group picks Supercede in Admin DriveX Technologies raised $1.25M SunCar Technology Group raised $50M

Getaround's official email on US shutdown

By Shefi Ben-Hutta

Getaround concluded the email by reassuring European users that its operations in Europe remain funded and will continue.

Business

Nationwide to acquire Allstate employer stop loss business for $1.25 billion

By Coverager ·

This acquisition will further strengthen and diversify Nationwide Financial’s portfolio.

Strategy

Tower partners with Finsure to streamline insurance referrals

By Coverager ·

The partnership simplifies insurance referrals for Finsure NZ advisers, with Tower specialists managing the quote process.

Business

Volt Underwriting adds former Travelers exec

By Coverager ·

The MGA offers coverage for both conventional power generation and renewable energy risks.

Member News

Groundhog Day for Desk Adjusters: How Agentic AI is Breaking the Endless Claims Cycle

By Robin Roberson ·

Every morning, the alarm clock blares. The screen flickers on. The emails pile up. And for insurance desk adjusters and claims handlers, the same exhausting, mind-numbing tasks await. Click, toggle, copy, paste, review, repeat.

Business

World Insurance Associates acquires Stern Insurance Group

By Coverager ·

Stern was founded in 1987 by Daryl Stern.

Investments

Openly announces $193 million in financing

By Coverager ·

Openly's growth financing includes $123 million in equity capital and a $70 million senior note.

Business

Ki partners with QBE

By Coverager ·

QBE capacity will be available on the Ki platform.

Business

Element partners with Hub

By Coverager ·

The new offering will be available in Q1 of 2025.

Business

Wingie partners with Battleface

By Coverager ·

The Wingie platform is available in six languages and attracts approximately 200 million visitors annually.

Investments

Waterlily raises $7 million

By Coverager ·

The startup uses AI to predict the long-term care needs of individuals.

Business

Horace Mann unveils Catalyst

By Coverager ·

Catalyst leverages "advanced technology" to simplify workflows.

Business

Plymouth Rock names Ethan Tarby as President and CEO

By Coverager ·

Tarby had been serving as interim President and CEO since June 2024.

Financials

Progressive reports 84.1% CR for December

By Coverager ·

The insurer reported a net income of $942 million.

Strategy

Nationwide and Integrity Wealth team up to offer securities-backed line of credit

By Coverager ·

Nationwide Smart Credit, a securities-backed line of credit, joins Integrity’s offerings.

Investments

UVeye raises $191 million

By Coverager ·

W.R. Berkley participated in the round.

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Featured Jobs

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Arch Insurance Group

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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 ·

AI vs. Human Bias in Claims Processing: What the NFL Referee Controversy Reveals About Fairness and Compliance

By Robin Roberson, Agentech ·

2025 carrier outlook: AI, climate change, and the economy

By Vertafore ·

WisePal Launches In-House Independent Insurance Agency Enabled Through Bindable’s Insurance-as-a-Service Platform

By Mary Clare Riordan, Bindable ·

Introducing Kyber’s AI Copilot: A Smarter Way To Edit and Refine Claim Notices

By Arvind Sontha, Kyber ·

Breaking Open the Compliance Black Box: How M3 Insurance Took Back Control of Producer Licensing

By AgentSync, AgentSync ·

2025 MGA outlook: Navigating growth, technology, and uncertainty

By Vertafore ·

AI Agents and LLMs: A Deep Dive into Their Roles, Differences, and Future Impact on the Insurance Industry

By Robin Roberson, Agentech ·

American Airlines Travel Insurance: $35 Covers Luggage & Rental Cars!

By Melanie Musson, Clearsurance ·

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