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Descartes Underwriting picks NextPower in Risk Mitigation Petshop Science partnered with OUTsurance Liberty Mutual picks ICEYE in Claims Foyer Group picks Tractable in Claims Zurich Australia partnered with Crop Risk Underwriting Ventis Insurance partnered with Bravo Networks USI Insurance Services partnered with CNA Insurance GuardianPointe picks ZestyAI in Underwriting Hagerty partnered with Barrett-Jackson Ameriprise Financial raised $750M Cleerly Mortgages picks Acre in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M

An 84-year reign came to an end, and more

By Shefi Ben-Hutta

May 2026 was a month of endings. An 84-year reign. A California market that keeps getting smaller. A workforce reduction attributed, plainly, to AI.

Investments

TrueCar to go private in $227 million deal

By Shefi Ben-Hutta ·

To be acquired by Fair Holdings.

Product

Afficiency and Continental General launch final expense product

By Shefi Ben-Hutta ·

The launch marks the first product under the NewBridge brand.

Strategy

AIA Singapore teams up with Amplify Health on chronic disease management

By Gabriella Ben-Hutta ·

The first 1,500 customers will receive the program at no additional cost.

Business

ZeroedOut launches nationwide

By Gabriella Ben-Hutta ·

The company offers a membership program that helps drivers lower their auto insurance costs through deductible protection.

Investments

MGT raises $21.6 million

By Coverager ·

The company serves nearly 30,000 customers.

Investments

Clove raises $14 million

By Coverager ·

The fintech startup will offer technology and access to advisors to help people make smarter decisions with their money.

Investments

Exzeo launches initial public offering

By Coverager ·

The IPO price is currently expected to be between $20 and $22 per share.

Business

Equitable names Nick Chan Head of M&A

By Gabriella Ben-Hutta ·

Chan joined Equitable in 2021 and most recently served as Equitable’s Corporate CFO and Head of Strategic Transactions.

Business

Carvana expands same-day delivery to Salt Lake City

By Gabriella Ben-Hutta ·

Carvana first introduced same-day delivery in Arizona and has expanded the offering to select markets across 20 states.

Business

Beat Capital Partners launches 1889 Specialty Insurance Services

By Coverager ·

1889 Specialty offers management liability and professional lines insurance coverage.

Investments

Stand raises $35 million

By Coverager ·

The new funding will support the company's expansion into Florida.

Investments

Harel Insurance backs Omnix Medical

By Gabriella Ben-Hutta ·

Omnix Medical is a developer of anti-infectives for the treatment of life-threatening infections.

Member News

Cambridge Mobile Telematics Introduces DriveWell Atlas: Telematics Foundation Models for the Next Generation of AI for Mobility

By Cambridge Mobile Telematics ·

DriveWell Atlas fundamentally transforms how insurers and mobility providers predict, prevent, and respond to risk Cambridge, MA – October 15, 2025 – Cambridge Mobile Telematics (CMT), the world’s largest telematics service...

Investments

Liberate raises $50 million

By Coverager ·

Liberate originally launched with a low-code platform.

Investments

Cartan Trade reorganizes its shareholding structure

By Gabriella Ben-Hutta ·

Cartan Trade announced a reorganization of its shareholding structure and the completion of a €9 million capital raise.

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Member News

ITC Infotech and InsureMO Partner to Bring AI-Driven Insurance Modernisation to Middle East, Africa, and India

By InsureMO, InsureMO ·

Buying Claims AI Is the Easy Part. This is How Two Claims Organizations are Making It Stick.

By Yo Sub Kwon, Voltaire ·

Zywave Announces 2026 Cyber Risk Award Winners

By Zywave ·

What Happens When Insurance Carrier Experts Retire?

By Vertafore ·

What 6,000 Insurance Leaders Were Actually Whispering About at Insurtech Insights USA

By Justin Jaksha, ePayPolicy ·

10 Cheapest Home Insurance Companies in Florida

By Melanie Musson, Clearsurance ·

Scaling Carrier Client Experience Starts Behind the Scenes

By Vertafore ·

Ivans Index May 2026 Results Released

By Michael Streit, Applied Systems ·

The Plaintiff Bar Brought AI to the Claim File. Carriers Should Arm the Adjuster.

By Yo Sub Kwon, Voltaire ·

Producerflow Launches Partner Portal to Modernize Carrier Collaboration with Distribution Partners

By Ido Deutsch, Producerflow ·

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