Drone Archives

Coverager Data

Venbrook Group partnered with Crum & Forster FTP Inc. partnered with AmTrust Financial Lemonade picks ZestyAI in Underwriting Connor & Gallagher OneSource picks TrustLayer in Admin Five Sigma picks Vitesse PSP Limited in Claims Enstar Group raised $350M Counter picks Northwestern Mutual in Claims Counter picks MassMutual in Claims Onward Group partnered with Equinox Agency Insurance Company partnered with Insuritas Vertical Insure partnered with Eventeny Nirvana Insurance raised $80M Klaim raised $10M InsureVision raised $2.7M Outmarket AI raised $4.7M

Lemonade partners with ZestyAI

By Coverager

Lemonade has adopted the ZestyAI platform to further optimize underwriting for key catastrophe perils in the US.

Strategy

Ola Jacob joins Global Parametrics as London Market Business Development Director

By Coverager ·

He joins from Descartes Underwriting.

Financials

Clearcover Insurance Company reports 2024 results

By Avi Ben-Hutta ·

The carrier reported a net underwriting loss of $20 million for the year.

Business

bolt partners with C Spire

By Coverager ·

The package costs $21.99/mo.

Member News

Onboarding & compensation: What insurance agents need from carriers

By Vertafore ·

Independent agents reveal their frustrations with carriers on these topics

Business

HDI Global launches climate consulting

By Shefi Ben-Hutta ·

The service includes desktop assessments, on-site inspections, and climate risk advisory reports.

Business

ServiceNow expands AI capabilities with $2.9 billion acquisition of Moveworks

By Coverager ·

The move enhances ServiceNow’s agentic AI capabilities.

Business

Gracie Point Holdings launches GP Affluent Markets

By Shefi Ben-Hutta ·

Backed by investments from Kuvare and Hudson Structured Capital Management.

Financials

Hannover Re reports strong 2024 financial results

By Coverager ·

Guidance for 2025 confirmed: Group net income of around EUR 2.4 billion.

Strategy

Fortitude Re strikes $3.4 billion reinsurance deal with Unum

By Coverager ·

Unum will continue to service and administer the reinsured policies.

Technology

FIS launches Treasury GPT

By Coverager ·

The tool was developed in collaboration with Microsoft Azure OpenAI Service.

Strategy

Nassau County renews partnership with Empower

By Coverager ·

The new five-year contract commenced Jan. 1, 2025, and is in effect until Dec. 31, 2029.

Investments

American European Insurance Group files $7 million SEC Form D

By Coverager ·

AEIG offers a range of commercial and personal insurance products.

Business

Chubb creates new North America Small & Lower Midmarket division

By Coverager ·

Rob Poliseno has been appointed Division President, Small & Lower Midmarket.

Business

NJM Announces the Retirement of President & CEO Mitch Livingston

By Coverager ·

Carol Voorhees, NJM’s Executive Vice President & Chief Operating Officer, has been selected by the company’s Board of Directors to succeed Livingston.

Investments

Norm Ai raises $48 million

By Coverager ·

New York Life Ventures participated in the round.

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Featured Jobs

Director, Business Solutions- Claims

Arch Insurance Group

Director, Actuarial & Analytics PI Auto Pricing

Travelers

Vitesse and Five Sigma Partner to Expedite Payments and Enhance Customer Experience in Insurance Claims

By Oded Barak, Five Sigma ·

What Is Distribution Channel Management (DCM)? The Evolution of Compliance.

By AgentSync, AgentSync ·

Insurance trends and regulatory changes to watch in 2025

By Vertafore ·

New white paper exploring what's inhibiting AI success in life & annuity

By Team at Sureify, Sureify ·

Case Study: Harbor Claims Saves Adjusters 50% of Time Spent Drafting With Kyber

By Arvind Sontha, Kyber ·

Vertafore report shows how carrier processes, communication and technology impact the agent experience

By Vertafore ·

Insurance Comparison Shopping Made More Efficient for Consumers and Agents Through Bindable’s New Integration with Canopy Connect

By Mary Clare Riordan, Bindable ·

Path to Profitability: Market Risks Facing Agencies and Carriers for Medicare Open Enrollment 2025

By AgentSync, AgentSync ·

USAA: Cheapest Car Insurance in Florida

By Melanie Musson, Clearsurance ·

AMS360 named top insurance agency management system in G2’s 2025 Software Awards

By Vertafore ·

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