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Aviva picks RiskEye in Customer Service WTW picks Riskonnect in Claims Tokio Marine HCC picks Akur8 in Pricing Juniper Re picks ICEYE in Claims Openly partnered with MS Transverse Insurance Group Arbol raised $60M Urban Jungle raised $14.07M Florida Peninsula Insurance Company picks ZestyAI in Underwriting Talage partnered with Arch Insurance Company Mulberri partnered with Acronis Lloyds Banking Group partnered with Assurant Swisscom partnered with AXA PCF Insurance raised $400M Faura raised $500K PeppercornAI raised $4.04M

Prudential shuts down Assurance IQ

By Avi Ben-Hutta

Prudential has made decision to shut down the operations of Assurance IQ.

Business

Petco announces CEO transition

By Coverager ·

Ron Coughlin has stepped down as Petco's Chief Executive Officer.

Business

Nuvo integrates with Allianz Trade

By Coverager ·

Allianz Trade customers using Nuvo will be able to add coverage for new and existing customers.

Member News

How Fintechs and Insurtechs Fast-Track Their Sales with Assurity’s Advanced APIs

By Sophie Norman ·

By taking your sales online where customers already are, you can open new paths to profit and scale without limits, all without adding to your overhead.

Financials

Clearcover’s carrier reports 2023 results

By Avi Ben-Hutta ·

The carrier reported a net underwriting loss of $43 million.

Business

Brit launches Brit Cyber First50

By Coverager ·

The new product has a $50 million primary coverage limit.

Business

Ageas makes another offer for Direct Line

By Avi Ben-Hutta ·

The new offer values the UK company at approximately £3,171 million.

Business

Aon launches Partner Risk Insights

By Avi Ben-Hutta ·

The platform features a real-time dashboard and advanced analytics.

Business

SCOR announces new regional and business structure

By Coverager ·

These changes will be effective on 1 April 2024.

Business

Liberty Mutual appoints Amit Khanna Chief Claims & Service Officer, US Retail Markets

By Gabriella Ben-Hutta ·

Khanna holds a bachelor’s degree in business administration from the University of Madras in India and earned his MBA in finance from Bentley University.

Business

Next Insurance partners with Tensorflight

By Coverager ·

The companies are partnering to automate commercial property inspections.

Investments

Empathy raises $47 million

By Avi Ben-Hutta ·

Allianz, MassMutual Ventures, MetLife, New York Life Ventures, Securian Financial, and Sumitomo participated in the round.

Business

Starr Insurance introduces Twin Maples Specialty

By Coverager ·

Twin Maples will be based in Alpharetta, GA.

Investments

Eye Security Raises $39 Million

By Avi Ben-Hutta ·

Eye Security provides cyber insurance.

Financials

Openly crosses $300 million in written premiums

By Avi Ben-Hutta ·

Last September, Openly raised $100 million.

Member News

71% of insurance industry decision-makers dissatisfied with level of effort to get updated insurance programs off the ground and launched digitally

By Sure, Inc. ·

Sure today released the 2024 State of Digital Insurance Report, revealing widespread dissatisfaction with a core part of the insurance ecosystem, legacy rate service organizations (RSOs).

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Featured Jobs

Canopy Connect and InsuredMine Announce New Integration to Obtain and Transfer Insurance Information

By Insurance Verification, Canopy Connect, Inc. ·

OneShield Announces Partnership with One Inc to Enhance Digital Payment Solution Offering

By Janice Merkley, OneShield ·

Automated Insurance Claims Processing: How Does It Work?

By Appian, Appian ·

No military service? You May Still Be Eligible for USAA

By Melanie Musson, Clearsurance ·

London Underwriters Unveils LU One: A Game-Changing InsurTech Platform for Insurance Agents

By Daniel Feigenbaum, London Underwriters LLC ·

The 6 Stages of Compliance Grief: How Top Insurance Carriers Are Revolutionizing Compliance Management with AgentSync

By AgentSync, AgentSync ·

Proactive Risk Management and the Benefits of Technology in Construction with Matt Aston, President at GPRS

By John Fohr, TrustLayer ·

One Novel Approach to Solving the Talent Crisis

By AgentSync, AgentSync ·

Underwriting Technology: What Insurance Leaders Need to Know

By Appian, Appian ·

London Underwriters Announces Strategic Partnership with First Insurance

By Daniel Feigenbaum, London Underwriters LLC ·

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