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SimplyIOA partnered with Obsidian Insurance Holdings Semsee partnered with Utica First Insurance Company The Hartford partnered with Coalition bolt partnered with Salesforce DoorLoop partnered with Lemonade Rollo Insurance Group picks SALT Insure in Sales The Hartford picks Empathy in Claims RMA picks Quotey in Sales Root Insurance raised $150M Marsh McLennan raised $7.25B Security Benefit raised $650M Authentic Insurance uses Artificial Intelligence in Sales Draivn picks Bluewire in Risk Mitigation HOMEE raised $12M Native Broking raised $2.6M

Lemonade ends Q3 with $68 million loss

By Avi Ben-Hutta

In-force premium reached $889 million.

Business

Wefox to replace CEO

By Avi Ben-Hutta ·

Hartigan sent out a memo to shareholders highlighting the potential of insolvency.

Investments

Sidecar Health raises $165 million

By Gabriella Ben-Hutta ·

The round was led by Koch Disruptive Technologies.

Business

Chime acquires enterprise employee rewards company Salt Labs

By Gabriella Ben-Hutta ·

Transaction details were not disclosed.

Strategy

Uber partners with Cambridge Mobile Telematics to launch Advantage Mode for drivers

By Shefi Ben-Hutta ·

CMT uses phone sensor data to provide insights on driving behaviors.

Business

Alta Signa launches in Switzerland

By Gabriella Ben-Hutta ·

The Swiss office will initially focus on D&O liability insurance.

Business

Allianz Partners launches allyz Cyber Care

By Gabriella Ben-Hutta ·

The solution is now available in Germany, France, Italy and the Netherlands.

Business

RSGI integrates with IRCTC through the INSILLION insurtech platform

By Gabriella Ben-Hutta ·

INSILLION is a cloud-based digital platform for insurers.

Innovation

Morgan Stanley Wealth Management announces addition to suite of GenAI tools

By Coverager ·

The new solution is powered by OpenAI.

Business

Group 1001 names Martin Woll as COO

By Coverager ·

Most recently, Woll was Chief Operating Officer at Merit Life Insurance Co.

Product

Tint is now working with P2P car sharing marketplace Turo

By Shefi Ben-Hutta ·

Founded in 2018, Tint has raised close to $29 million.

Member News

Agency professionals provide insights on the hard market, technology and talent in Vertafore’s 2024 report on the insurance workforce

By Vertafore ·

Survey respondents emphasize passion for helping clients is still high as professionals navigate trends impacting their business.

Investments

Climate X raises $18 million

By Gabriella Ben-Hutta ·

Google Ventures led the Series A investment round.

Business

American Coastal extends agreement with AmRisc

By Coverager ·

The MGA agreement remains mutually exclusive for the admitted condominium association property insurance market in Florida.

Financials

Zurich to buy AIG’s personal travel business for $600 million

By Shefi Ben-Hutta ·

Zurich will also acquire AIG Travel's global service centers as part of the deal.

Investments

Regulatory compliance platform Norm Ai raises $27 million

By Gabriella Ben-Hutta ·

New York Life Ventures joined the round.

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Member News

Haunting Claims Inefficiencies? Discover How Agentic AI and LLMs Can Actually Transform the Claims Process.

By Robin Roberson, Agentech ·

Bindable Unveils a Simplified Solution for Organizations Interested in Launching an Independent P&C Insurance Agency

By Mary Clare Riordan, Bindable ·

5 Pitfalls to Effective Insurance Compliance Vendor RFPs and How to Address Them

By AgentSync, AgentSync ·

SILA’s newest president talks leadership, trends, and more

By Vertafore ·

Insurtech's Meal Deal: 5 Solutions for 5 Challenges Served with a Side of Agentic AI

By Robin Roberson, Agentech ·

Sircon Compensation empowers carriers to fuel growth and build stronger relationships with independent agents

By Vertafore ·

Safety Versus Risk Management with Daniel Ruiz of SC Builders

By John Fohr, TrustLayer ·

7 Ways Carriers Can Leverage Compliance Data for Business Opportunities

By AgentSync, AgentSync ·

Bold Penguin Joins HawkSoft's Solution Partner Program

By HawkSoft, HawkSoft ·

Cambridge Mobile Telematics Announces Enhanced Driver Experiences, Crash Capabilities, and Developer Tools

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

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