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Coverager Data

Florida Peninsula Insurance Company picks ZestyAI in Underwriting Securian Financial picks Empathy in Claims Talage partnered with Arch Insurance Company Baldwin Risk Partners picks ICEYE in Claims Mulberri partnered with Acronis Lloyds Banking Group partnered with Assurant Swisscom partnered with AXA Swisscom partnered with Zurich PCF Insurance raised $400M Faura raised $500K PeppercornAI raised $4.04M USAA picks Prefix in Risk Mitigation PURE Insurance picks LeakBot in Risk Mitigation Rainwalk Technology raised $4M Estaly raised $3.85M

Aon completes acquisition of NFP

By Avi Ben-Hutta

The acquisition of NFP expands Aon's presence in the large and fast-growing middle-market segment.

Financials

Wefox had another negative year

By Avi Ben-Hutta ·

The insurer ended 2023 with a net underwriting loss of $40.5 million.

Business

Orion180 launches in Arizona

By Coverager ·

Orion180 currently operates in Alabama, Arizona, Georgia, Indiana, Mississippi, North Carolina and South Carolina.

Innovation

Munich Re Life US and Clareto introduce new solution

By Coverager ·

Automated EHR Summarizer applies AI and natural language processing techniques to extract and structure EHR data.

Business

Securian Financial partners with Empathy

By Coverager ·

Empathy offers a range of services for people dealing with loss.

Business

Tokio Marine HCC partners with Akur8

By Coverager ·

Akur8’s solution enhances pricing processes by using "proprietary machine-learning" technology.

Business

Openly adds new carrier partner

By Avi Ben-Hutta ·

Openly generated $301 million in written premiums last year.

Hiscox Re & ILS and Ariel Re launch cyber catastrophe consortium

By Coverager ·

The CyberShock consortium is designed to offer up to $50 million of per-program capacity providing tailored, event-based protection for cyber insurers worldwide.

Business

Pacific Life integrates with Selerix

By Coverager ·

Selerix is a benefits administration platform.

Business

Marsh launches Global Alternative Risk Solutions practice

By Coverager ·

Global Alternative Risk Solutions aligns existing capabilities from Marsh Specialty, Global Placement, Captive Solutions, and Advisory.

Business

Vantage Risk introduces US Large Property insurance

By Coverager ·

US Large Property is one of Vantage's 10 insurance businesses.

Business

ICEYE and Juniper Re announce multi-year flood and wildfire data collaboration

By Coverager ·

Juniper Re will leverage ICEYE's flood and wildfire insights data.

Product

Porch Group announces inspection product enhancements and price increases

By Gabriella Ben-Hutta ·

Inspection Support Network, a SaaS solution for inspectors offering easy-to-use tools, processed approximately 40% of all U.S. home inspections in 2023 alongside other Porch inspection brands.

Member News

One Novel Approach to Solving the Talent Crisis

By AgentSync ·

The tale of how those who love the insurance industry are helping it fill its (occasionally self-created) talent gap.

Business

CEO Jason Liu is out of Zywave

By Shefi Ben-Hutta ·

We reached out to Zywave for a comment.

Strategy

Southshore Insurance Partners with GEICO

By Shefi Ben-Hutta ·

The independent agency channel accounts for 88% of all commercial lines written premium.

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Featured Jobs

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 ·

Cloud-Native Insurance Software Solutions to Maximize Growth and Streamline Operations

By AgentSync, AgentSync ·

Semsee Unveils a New Logo and Significant Platform Enhancements

By Lauri Klotz, Semsee ·

How to Renew Your Insurance License with a Criminal Background: Part 2 – Hawaii through Maryland

By AgentSync, AgentSync ·

Unlocking Value with Next-Generation Intelligent Underwriting

By Appian, Appian ·

Mission Possible: Top 3 Carrier Innovations in P&C to Restabilize Homeowners Insurance

By AgentSync, AgentSync ·

Flipping the Insurance Script with Tanner Hackett of Counterpart

By John Fohr, TrustLayer ·

Canopy Connect Releases New Integration with HawkSoft to Capture and Import Insurance Data

By Insurance Verification, Canopy Connect, Inc. ·

The Accelerated Underwriting Playbook: 5 Keys to Automation Success

By Appian, Appian ·

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