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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.

Investments

Sidekick raises £8.5 million

By Avi Ben-Hutta ·

MS&AD ventures participated in the round.

Technology

FNF names Jason Nadeau as Chief Artificial Intelligence Officer

By Gabriella Ben-Hutta ·

Nadeau joined FNF in 2018.

Financials

Hagerty commences warrant exchange offer and consent solicitation

By Coverager ·

This move aims to simplify Hagerty's capital structure and reduce the potential dilutive impact of the warrants.

Business

R&Q may file for provisional liquidation

By Coverager ·

R&Q issued a press release that provides an update on the proposed sale.

Member News

Vertafore’s Project Impact aims to deliver up to two hours of time savings per day for servicers at independent insurance agencies

By Vertafore ·

InsurTech leader invests in initiative to simplify workflows and drive efficiency for account managers at the heart of agency operations

Technology

Microsoft to retire GPT Builder feature

By Shefi Ben-Hutta ·

Microsoft is shifting its focus on GPTs to Commercial and Enterprise scenarios.

Technology

Elon Musk drops OpenAI lawsuit

By Shefi Ben-Hutta ·

This ends a months-long legal battle between Musk and the company he co-founded in 2015 but left due to disagreements over control.

Business

IMG expands partnership with Teladoc Health

By Gabriella Ben-Hutta ·

IMG will utilize Teladoc Health's platform for telehealth and prescription services outside of the U.S.

Member News

Reaching for the Clouds? Expect Some Turbulence: 3 Barriers to Adopting Cloud-Native Insurtech and 5 Best Practices to Ease the Transition

By AgentSync ·

Three hurdles to adopting cloud-native insurtech and five ways to set your business up for a successful transition

Business

Yardi partners with Obligo

By Avi Ben-Hutta ·

Yardi clients can now offer residents a flexible security deposit option.

Business

Artemis Risk Solutions formally launches insurance brokerage

By Coverager ·

The company was co-founded by Clint Anderson and David Lamb.

Business

Hub International acquires Meyers Glaros

By Gabriella Ben-Hutta ·

Terms of the transaction were not disclosed.

Innovation

Homesteaders Life integrates with Gather Case Management

By Coverager ·

Users can now access all their Homesteaders policy data, including policy details and preneed contract information, in Gather from any device at any time.

Marketing

Inver Re rebrands to Price Forbes Re

By Shefi Ben-Hutta ·

Inver Re was founded in 2021 as part of The Ardonagh Group.

Business

Counterpart partners with Westfield Specialty

By Coverager ·

Westfield will provide an admitted product for Counterpart’s small business customers.

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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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