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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

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.

Innovation

L&G announces collaboration with Microsoft

By Coverager ·

The multi-year agreement sees the introduction of an AI-powered customer service platform.

Member News

Estate planning gets smarter: Trust & Will to add verified insurance data via Canopy Connect

By Insurance Verification ·

The partnership marks an industry first: connecting verified insurance information with Trust & Will’s platform to give financial professionals a more complete view of assets, coverage, and beneficiaries within an estate plan.

Member News

Vertafore and NetVU unveil first look at Accelerate 2026 education lineup

By Vertafore ·

Agencies, carriers, and MGAs look forward to an agenda built to empower them to lead with confidence in the AI era

Investments

FoxPath Capital Partners announces partnership with RGA

By Coverager ·

FoxPath will operate independently with discretion over its investment and operational decisions.

Business

Main Capital Partners acquires TrustArc

By Gabriella Ben-Hutta ·

Founded in 1997, TrustArc provides privacy and AI risk management solutions.

Business

Kemper announces leadership transition

By Coverager ·

The Board has established a search committee and initiated a comprehensive process to identify the Company’s next CEO.

Financials

Progressive reports 100.4% CR for September

By Avi Ben-Hutta ·

Year-to-date, Progressive’s net income stands at $8.35 billion and combined ratio sits at 87.3%.

Business

HSB Canada launches new cyber coverage for businesses

By Coverager ·

HSB CyberPro combines cyber claims service, active threat monitoring, and risk mitigation tools.

Product

Zurich expands Exporter Solutions Platform

By Coverager ·

The middle market platform, originally launched in 2022.

Innovation

Synchrony partners with Pumpkin

By Coverager ·

The partnership eliminates the wait for paper checks and gives pet owners faster access to funds for care.

Product

Tesla Insurance is heading to Florida

By Shefi Ben-Hutta ·

The company has not yet launched in the state since its initial 2022 filing.

Business

bolttech partners with AXA Partners

By Coverager ·

The goal is to launch embedded insurance solutions across Europe.

Business

Athora announces CEO transition

By Coverager ·

Group CEO Mike Wells will retire from his executive role in Q4 2026.

Business

Amwins acquires ARC

By Coverager ·

Applied Risk Capital is an MGA focused on credit insurance for the leveraged finance market.

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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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