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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.

Strategy

Funeral Directors Life names Monica Kroier as Market Center Manager

By Coverager ·

Monica has more than a decade of experience in the funeral profession.

Business

Inszone Insurance acquires Welcome Insurance Agency

By Gabriella Ben-Hutta ·

Welcome Insurance Agency is a provider of restaurant and commercial insurance for gas stations, restaurants, automotive shops, and religious institutions.

Product

Introducing Tiq CashSaver

By Coverager ·

Tiq CashSaver offers a practical and flexible savings solution.

Strategy

Intact doubles down on its Municipal Climate Resiliency Grants program

By Shefi Ben-Hutta ·

In 2022, Intact invested a total of $1 million in ten climate adaptation projects in communities across Canada.

Opinion

Direct Intelligence

By Shefi Ben-Hutta ·

34 years of insurance history.

Financials

Progressive reports 100.4% CR for May

By Avi Ben-Hutta ·

The insurer ended the month with a net income of $235.7 million.

Business

AM Specialty acquires Pinpoint Insurance

By Coverager ·

Brad J. Sickinger will continue to lead the company.

Business

State National appoints Terry Muhia as Executive Vice President

By Gabriella Ben-Hutta ·

Reporting directly to President and CEO Matthew Freeman, she will focus on delivering service to State National’s business partners, helping them mitigate portfolio risk as they navigate the challenges of today’s technological and economic environment.

Business

Guy Carpenter launches Capital & Advisory Group

By Gabriella Ben-Hutta ·

The business also announced the appointment of Alexander Schnieders as global head of Capital & Advisory.

Business

Gore Mutual partners with Wildfire Defense Systems

By Gabriella Ben-Hutta ·

Wildfire Defense Systems is the largest provider in North America of Qualified Insurance Resource wildfire loss intervention services.

Product

Insurtech Lemonade partners with Homesite

By Shefi Ben-Hutta ·

Homesite isn't Lemonade's only carrier partner.

Strategy

Matt Spackman joins EMC as SVP – Chief Human Resources Officer

By Coverager ·

He replaces Teresa Miller in the role, who is retiring this summer.

Business

Liberty Mutual to acquire JMalucelli Travelers Seguros S.A.

By Coverager ·

JMTRV has served the Colombian surety market since 2012.

Strategy

Intuit to acquire technology from Zendrive

By Avi Ben-Hutta ·

Intuit expects to close the transaction in Q4 FY24. Terms of the deal weren't disclosed.

Innovation

Boehringer Ingelheim and Trupanion announce exclusive collaboration

By Coverager ·

The companies will leverage their collective expertise and data to derive insights which will enable the early detection of risk factors for common conditions affecting pets.

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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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