Residential Property Archives

Coverager Data

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.

Member News

Evolving ways MGAs leverage data and tech for growth

By Vertafore ·

A closer look at solutions to data flow and connectivity challenges in E&S.

Strategy

Societe Generale to sell Shine

By Avi Ben-Hutta ·

Societe Generale paid ~€100 million in cash to acquire Shine.

Innovation

CHERRISK pauses policy sells in the German market

By Shefi Ben-Hutta ·

CHERRISK continues to operate in Hungary.

Business

Citizens releases 2025 rate media kit

By Gabriella Ben-Hutta ·

Citizens proposes rates for 2025 that include a statewide average increase of 14% for all Personal Lines.

Strategy

QBE to close North America middle-market segment

By Coverager ·

The closure is expected to have limited impact on QBE’s FY24 Group combined operating ratio.

Investments

Chexy raises $3 million

By Avi Ben-Hutta ·

The startup has thousands of active users.

Business

Zurich acquires majority stake in Kotak General Insurance

By Gabriella Ben-Hutta ·

Zurich acquires 70% of Kotak General Insurance, becoming the first foreign insurer to enter India since the FDI rules were amended to allow up to 74% foreign ownership in 2021.

Strategy

SafetyCulture looks to secure US capacity

By Shefi Ben-Hutta ·

SafetyCulture Care MGA is working on securing new underwriting capacity and partnerships to expand into the US and UK.

Business

R&Q to file for Bermuda liquidation

By Coverager ·

The board has concluded that the alternative proposal represents the best option to secure value at this time.

Strategy

Definity CEO addresses the auto theft crisis

By Coverager ·

Canada is not alone is experiencing a rise in vehicle theft.

Innovation

Direct Line Group announces new appointments

By Coverager ·

Both appointments are subject to regulatory approval.

Member News

Real-Time, Integrated, Automated Compliance Becoming Industry Standard

By AgentSync ·

Insurance businesses that wait to implement real-time, integrated, and automated compliance solutions are risking falling behind their competitors.

Business

Yardi introduces new resident services bundle

By Avi Ben-Hutta ·

Residents will only have to use one app to activate services after moving in.

Member News

CAPE Analytics and Vexcel Enter Strategic Imagery Partnership to Enhance CAPE’s AI-Powered Property Intelligence Products

By Kayvan Farzaneh ·

Powered by Vexcel’s extensive imagery coverage, CAPE will continue to deliver the most precise, reliable, and up-to-date property risk analytics available.

Business

Ford launches commercial auto coverage in Maryland

By Avi Ben-Hutta ·

Ford Pro Insure is currently available in seven states.

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American Family Insurance

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The Hanover

AVP, P&C Climate Risk and Exposure Analytics

USAA

Director of Alternative Distribution, Small CL

The Hanover

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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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