Life & Health Archives

Coverager Data

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.

Business

Sumitomo Life to acquire Singlife

By Avi Ben-Hutta ·

Sumitomo Life will acquire TPG’s 35.48% stake in Singlife for SGD 1.6 billion.

Strategy

Wealth Enhancement Group buys RIA firm Asset Management Resources

By Coverager ·

As expansion continues in the northeast, this marks Wealth Enhancement Group's 18th acquisition of 2023.

Strategy

Ford Pro and Xcel Energy launch the “30×30” initiative

By Coverager ·

The primary goal is to make EV charging more accessible for business fleets.

Investments

Partech launches €360 million venture fund

By Avi Ben-Hutta ·

Some of the fund backers include Allianz France and BNP Paribas.

Investments

CorrActions raises $7.25 million

By Avi Ben-Hutta ·

CorrActions developed a software that analyzes motion for the sake of monitoring drivers.

Investments

Vestwell raises $125 million

By Avi Ben-Hutta ·

Vestwell provides the infrastructure for employers to power workplace savings programs.

Business

Hodinkee launches pilot program for jewelry insurance

By Avi Ben-Hutta ·

The new pilot is in partnership with Chubb.

Business

NordVPN partners with HSB

By Avi Ben-Hutta ·

The company is offering customers in the US and UK access to identity theft recovery and cyber extortion protection.

Strategy

Belfius to discontinue Jane

By Shefi Ben-Hutta ·

Jane is a smart home solution for the elderly.

Strategy

Cliff Gallant leaves Hippo for AXIS

By Coverager ·

Mr. Gallant will report to AXIS Chief Financial Officer Peter Vogt.

Innovation

Bain Capital Insurance invests $200 million into GuideOne

By Avi Ben-Hutta ·

GuideOne will use the $200 million it received for becoming the inaugural member of The Mutual Group.

Business

Bird files for bankruptcy

By Avi Ben-Hutta ·

Bird Canada and Bird Europe are not part of the filing and continue to operate as normal.

Business

TypTap assumes $30 million of IFP from Citizens

By Coverager ·

TypTap expects to complete a second assumption of policies from Citizens in January 2024.

Business

Everest expands accident and health offering

By Coverager ·

Everest’s Group FII offers supplemental benefits to those with high deductible primary medical coverage.

Product

Sparta to distribute ARMD Tools In Transit product

By Shefi Ben-Hutta ·

ARMD Tools In Transit offers tools insurance, covering up to £10,000.

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Member News

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By AgentSync, AgentSync ·

Niche success: A closer look at top MGA go-to-market models

By Vertafore ·

From Analog to Autonomous: Building a Claims-Centric AI Strategy for Insurance Leaders

By Robin Roberson, Agentech ·

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By Robin Roberson, Agentech ·

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By HAMMAD MIRZA, Insly ·

Flatten Your Onboarding with AgentSync Manage and Onboarding Portals

By AgentSync, AgentSync ·

Agentic AI Agents: Transforming Desk and Field Adjuster Workflows in P&C Property Claims

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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