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Coverager Data

Orchard Insurance partnered with Credible Insurance Poncho raised $617.43K Canara HSBC Life Insurance picks Amazon Web Services in Underwriting Hanwha Life uses Digital Technology in Customer Service Virtus picks Indio Technologies in Sales Concurrent partnered with Corebridge Financial Concurrent partnered with Prudential Financial Fairfax Financial Holdings raised $501.09M CBIZ picks Ennabl in Admin NuSureCo Insurance Company partnered with First Connect Insurance Services NuSureCo Insurance Company partnered with Goosehead Insurance Zopper raised $25M Abacus Life raised $100M bolttech raised $50M QBE North America picks Federato in Underwriting

Branch Insurance Exchange reports Q3 2024 results

By Avi Ben-Hutta

The reciprocal reported a net underwriting loss of $50.7 million for the nine months of the year.

Financials

Bolttech secures $50 million debt facility

By Coverager ·

The funding is intended to support bolttech’s market expansion, technology development, and operational flexibility.

Business

IMA Financial expands Southeast operations with new P&C division in Atlanta

By Coverager ·

This expansion complements IMA’s established Employee Benefits and Retirement divisions in the Southeast.

Member News

Cybersecurity in Insurance: Why Your Data and Compliance Can’t Afford to Slip

By AgentSync ·

Cyber attacks are on the rise in the insurance sector. Here's what industry players should look out for and tips for avoiding a data slip.

Member News

Ensuring Quality and Compliance with AI in Claims Processing

By Robin Roberson ·

Agentech takes AI’s potential a step further by offering a hybrid model: 80% out-of-the-box functionality combined with a 20% custom large language model (LLM) tailored to each carrier’s specific guidelines and nuances.

Investments

Alpine Intel acquires TechLoss Consulting & Restoration

By Coverager ·

The acquisition expands Alpine’s offerings to include expertise in complex losses involving electrical equipment and business-critical assets.

Business

Mitchell partners with Protech

By Gabriella Ben-Hutta ·

Collaboration focused on helping repairers easily identify OEM-recommended calibrations for collision-damaged vehicles equipped with Advanced Driver-Assistance Systems (ADAS)

Member News

Integrating insurance licensing & commissions

By Vertafore ·

For stronger agency relationships, carriers are taking a more unified approach

Marketing

IMA Financial becomes Colorado Avalanche’s first jersey patch partner

By Coverager ·

The partnership includes the placement of the IMA logo on all home, away, and alternate jerseys during the 2024-25 and 2025-26 NHL seasons.

Technology

Progressive introduces Accident Response to customers nationwide

By Coverager ·

The feature can be enabled through the Progressive app.

Product

Foxquilt is now available in New York

By Gabriella Ben-Hutta ·

Founded in 2016, Foxquilt is a digital, commercial broker operating in the US and in Canada.

Technology

Finalytics.ai partners with Ascent to improve application experiences

By Coverager ·

Ascent is backed by TruStage Ventures.

Financials

Skyward Specialty reports Q3 2024 results

By Shefi Ben-Hutta ·

The company is nearing the end of its second year as a public company.

Business

Simply Business partners with First Connect

By Coverager ·

First Connect's network of appointed agents now has a single access point to Simply Business's suite of digital insurance products.

Financials

State Farm reports Q3 results

By Coverager ·

The group of companies reported a net underwriting loss of ~$4 billion.

Financials

GBLI reports Q3 2024 results

By Shefi Ben-Hutta ·

GBLI provides specialty and niche insurance products nationwide.

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Featured Jobs

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Member News

Bindable partners with Recoop Disaster Insurance

By Mary Clare Riordan, Bindable ·

Leveraging Data Analytics for Risk Management in Insurance with Alexandra Littlejohn

By John Fohr, TrustLayer ·

Obie Unveils Tenant Legal Liability Policy to Empower Real Estate Investors with Streamlined Tenant Risk Coverage

By Aaron Letzeiser, Obie ·

Onda Selects Five Sigma to Elevate Cyber Claims Handling

By Oded Barak, Five Sigma ·

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

By Janice Merkley, OneShield ·

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

By John Fohr, TrustLayer ·

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 ·

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