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Cover Genius partnered with SECUTIX Global Parametrics partnered with Canopy Group BDI Global partnered with Millennial Shift Technologies Optalitix picks SortSpoke in Underwriting K2 Cyber picks TransUnion in Risk Mitigation Openly picks MyLifeProtected in Sales Insight Risk Technologies partnered with Great American Insurance Group Jewelers Mutual partnered with Orion180 Insurance Healthee raised $20M Healthee raised $30M Chubb picks Trust Risk Management Services in Claims CarePay International raised $5.69M 1Fort raised $10M Chapter Medicare raised $75M

Steadily raises $30 million

By Coverager

Steadily claims to have $250 million in annualized gross written premiums.

Innovation

QBE North America increases support for Blue Forest

By Coverager ·

Blue Forest is a nonprofit focused on forest and watershed conservation to prevent severe wildfires.

Strategy

Vaisala to buy Speedwell Climate

By Coverager ·

The deal, expected to close in Q4 2024, will add 24 Speedwell Climate employees to Vaisala, pending regulatory approval.

Strategy

Tokio Marine Kiln establishes Specialty Reinsurance division

By Coverager ·

The new division will be led by Phil Taylor.

Investments

Optalitix raises $3 million

By Coverager ·

Optalitix has customers in the UK and internationally.

Strategy

Ripe announces Alan Thomas as new CEO

By Gabriella Ben-Hutta ·

In 2022, private investment firm Aquiline Capital Partners LP acquired a majority stake in the company.

Business

Grange Insurance names Cheryl McRae Lebens CFO

By Gabriella Ben-Hutta ·

With Grange for 12 years, Lebens has served in several leadership roles within the organization.

Business

Voya Financial to acquire OneAmerica Financial’s retirement plan business

By Coverager ·

The transaction is expected to close on Jan. 1, 2025, subject to customary closing conditions, including regulatory approvals.

Business

WTW partners with Kayna

By Avi Ben-Hutta ·

The partnership has been developed to enable delivery of WTW insurance solutions to SME clients in the UK and US through vertical SaaS platforms.

Investments

Cinven acquires 50% stake in Policy Expert

By Avi Ben-Hutta ·

Policy Expert plans to offer pet insurance this year.

Investments

Neat raises €50 million

By Shefi Ben-Hutta ·

Neat is an embedded insurance player from France.

Product

Markel introduces FintechRisk+ insurance policy for fintech sector

By Coverager ·

Risks in the cyber and fintech markets have evolved rapidly since the inception of Markel's original Fintech policy eight years ago.

Business

EverPeak Insurance launches in Arizona

By Coverager ·

The company is now available in 12 states.

Investments

SafetyCulture raises $110 million

By Gabriella Ben-Hutta ·

When it comes to insurance, the company's insurance subsidiary is partnered with Employers.

Investments

All Hands AI raises $5 million

By Gabriella Ben-Hutta ·

The AI software developer is focused on creating model-agnostic, open-source AI agents.

Business

Broker network Steadfast Group suspends trading

By Shefi Ben-Hutta ·

One claim involved a Steadfast-owned broker recommending a more expensive policy from a Steadfast-owned firm while hiding a cheaper competitor's quote.

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By Robin Roberson, Agentech ·

Vertafore and NetVU set to welcome thousands of insurance professionals to the industry’s premier technology conference

By Vertafore ·

April is Distracted Driving Awareness Month: COUNTRY Financial® DriverIQ Auto Telematics Program is Improving Safe Driving Behaviors in Clients

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

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