Life & Health Archives

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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.

Business

Hub International expands in New Mexico

By Coverager ·

Terms of the transaction were not disclosed.

Innovation

Acera Insurance expands into Saskatchewan

By Coverager ·

BMA Group, established in 2012, specializes in designing competitive plans for local businesses and will transition into Acera Benefits.

Business

Transcarent to acquire Accolade

By Gabriella Ben-Hutta ·

Transcarent will acquire Accolade for $7.03 per share in cash, which represents a total equity value of approximately $621M.

Business

Cytora partners with Moody’s RMS

By Gabriella Ben-Hutta ·

The integration will enable P&C underwriters to gain insights into climate and natural disaster risk.

Business

Mercury reports damage from Southern California wildfires

By Shefi Ben-Hutta ·

The wind-driven wildfires have caused substantial damage, with losses expected to exceed Mercury’s $150 million reinsurance retention.

Strategy

Mercury Insurance returns to Paradise, offering home coverage

By Coverager ·

In 2024, Mercury also stepped in to provide coverage for thousands of Californians after Tokio Marine America exited the personal lines market.

Business

Direct Line Group launches program to boost vehicle repair standards

By Gabriella Ben-Hutta ·

Direct Line Group is UK's largest retail general insurer, owning brands such as Direct Line, Churchill and Green Flag.

Business

CRC welcomes Cristina Varner

By Gabriella Ben-Hutta ·

Cristina Varner was appointed Executive Vice President, Life Sciences and Healthcare Broker.

Innovation

Checkbook acquires Sureti

By Shefi Ben-Hutta ·

Sureti is no stranger to Checkbook, having utilized its digital endorsement technology to simplify multi-party payments.

Financials

Envelop Risk hits $1 billion gross written premiums

By Coverager ·

The company now supports 30 partners underwriting cyber risks in multiple regions.

Product

IAG secures 2025 reinsurance program

By Coverager ·

IAG will release its financial results for the six months ending December 31, 2024, on February 13, 2025.

Strategy

Helvetia unveils 10-year strategy focused on retail, specialty lines, and operational efficiency

By Coverager ·

Helvetia will also revise its reporting to reflect Spain's growing importance in its operations.

Business

iA Financial names John Laudenslager president of iA American

By Coverager ·

Effective immediately.

Business

Heffernan acquires Green Financial

By Coverager ·

The team joins Heffernan Insurance' small business division - HeffDirect.

Business

Leadership changes at Fairfax Insurance and Odyssey

By Coverager ·

Fairfax is primarily engaged in property and casualty insurance and reinsurance and the associated investment management.

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Member News

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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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