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bunq partnered with Qover Roamly partnered with Getaround Roamly partnered with Mobilitas Insurance Fetch Pet Insurance partnered with Plymouth Rock Outdoorsy partnered with Sensible Weather Chubb raised $6.7B Re raised $7M Cover Genius raised $80M Premins Company raised $3.57M Chapter Medicare raised $50M ERGO picks Digital Claim in Claims Cover Genius picks Adyen in Sales Insuredmine picks Canopy Connect in Sales Boundless Rider uses Mobile in Sales Nayms picks Coinbase in Sales

AIG reaches agreement with Nippon Life

By Coverager

AIG has agreed to maintain a 9.9% ownership stake in Corebridge for two years after the closing.

Business

MPCH partners with Canopius

By Coverager ·

MPCH provides the infrastructure that enables financial institutions to secure and manage their digital assets.

Member News

London Underwriters and Foxquilt Insurance Announce Strategic Partnership

By Daniel Feigenbaum ·

Hallandale, FL — May 7th, 2024 London Underwriters (LU), a leading national insurance wholesale broker, is thrilled to announce a strategic partnership with Foxquilt Insurance, a pioneer in digital insurance...

Investments

Munich Re backs geothermal energy startup Zanskar

By Gabriella Ben-Hutta ·

The company raised $30 million in a Series B funding round.

Member News

Cox Automotive Ecommerce and Canopy Connect Partner to Enhance Online Car Buying

By Insurance Verification ·

Cox Automotive, the leading automotive service provider, has partnered with Canopy Connect, the top insurance verification platform.

Investments

Eleos raises $4 million

By Gabriella Ben-Hutta ·

The round was led by Fuel Ventures and Indico Capital, with APX as a participant.

Investments

Honeycomb raises $36 million

By Avi Ben-Hutta ·

Honeycomb expects to double its workforce from 90 to 180 over the next 18 months and introduce new products.

Investments

Wayve raises $1.05 billion

By Avi Ben-Hutta ·

NVIDIA and Microsoft also participated in the round.

Business

Truist completes sale of Truist Insurance Holdings

By Coverager ·

The all-cash transaction values TIH at an implied enterprise value of $15.5 billion.

Member News

Automated Claims Management: 3 Pillars of Success

By Appian ·

Leading insurers are prioritizing claims process automation. But why?

Financials

Lemonade ends Q1 with $47 million loss

By Avi Ben-Hutta ·

The company’s cash, cash equivalents, and investments totaled approximately $927 million at March 31, 2024.

Strategy

Buffett reveals AI fears, unskippable GEICO, and unstoppable rise in cyber risks

By Shefi Ben-Hutta ·

In a non-inflationary world, GEICO would not be a $40 billion company and other nuggets.

Business

AXA XL introduces new cyber endorsement

By Coverager ·

AXA XL's new endorsement provides dedicated coverage for the costs of investigating the breach including legal fees for compliance and disclosure requirements such as the filing of an 8-K.

Product

Kin launches in Georgia

By Coverager ·

Kin is now live in 9 states.

Product

GradGuard strengthens tuition protection program

By Coverager ·

This benefit is not yet available in the state of Washington.

Financials

GEICO ends Q1 with a big profit

By Avi Ben-Hutta ·

GEICO’s loss ratio was 72.5% in the quarter, a decrease of 10.5 percentage points compared to 2023.

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Featured Jobs

London Underwriters Reintroduces AUGold: A Cutting-Edge Solution for Excess and Surplus Lines

By Daniel Feigenbaum, London Underwriters LLC ·

Implementation: The Final Frontier

By AgentSync, AgentSync ·

How to Deliver Intelligent Connected Insurance Experiences: 6 Success Stories

By Appian, Appian ·

All 50 States in Just 2 Minutes: How Service Insurance Companies Went National in No Time

By AgentSync, AgentSync ·

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 ·

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