Acquired Archives

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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

IRYS raises $12.5 million

By Coverager ·

The funding round was led by Markd.

Business

Founder and CEO of LendingTree dies in ATV accident

By Coverager ·

In a statement, LendingTree’s board described him as a visionary leader whose drive and innovation transformed the financial services landscape.

Product

Bentley launches UK insurance service

By Gabriella Ben-Hutta ·

Developed in partnership with Chubb and Carbon Insurance Brokers.

Member News

Aspire General Insurance Partners with Kyber to Modernize Claims Correspondence

By Kyber ·

Aspire General Insurance, a California-based specialty auto carrier, has announced a partnership with Kyber, the AI-powered correspondence automation platform built for P&C insurers.

Business

Special Contingency Risks partners with Hostage International

By Gabriella Ben-Hutta ·

SCR has launched an Enhanced Victim Support insurance extension to support hostage victims.

Business

Alliant expands Pacific Northwest team with Melissa Koontz

By Gabriella Ben-Hutta ·

Alliant has added Melissa Koontz as Senior Vice President within its Employee Benefits Group.

Innovation

Sutherland introduces Insurance AI Hub

By Gabriella Ben-Hutta ·

The platform is designed to help insurers operationalize automation across claims, underwriting, and servicing.

Investments

5IR Funds backs HOOTL

By Gabriella Ben-Hutta ·

HOOTL is an AI-native platform tackling healthcare insurance processing.

Business

Apivia Courtage partners with SoundHound AI

By Gabriella Ben-Hutta ·

Apivia Courtage brings agentic AI to its contact centers with SoundHound’s Amelia 7 platform.

Strategy

The Standard expands workplace benefits after Allstate acquisition

By Coverager ·

The move also restructures sales and client management into a unified workplace benefits team.

Business

Salesforce to acquire Apromore

By Shefi Ben-Hutta ·

The deal will integrate Apromore’s process mining and optimization tools into the Salesforce platform

Business

Liberty Mutual, Landmark partner on student housing projects

By Gabriella Ben-Hutta ·

Liberty Mutual Investments and Landmark Properties have formed joint ventures to develop two student housing projects.

Technology

Stewart launches FinCEN Reporting Services

By Coverager ·

The platform automates data collection, report validation, electronic filing, and document retention.

Business

Acrisure unifies UK operations with Hine and CRK rebrands

By Gabriella Ben-Hutta ·

Acrisure has rebranded two established British brokerages, Hine Chartered Insurance Brokers and CRK Commercial Insurance Services.

Investments

Enact expands credit facility to $435 million

By Coverager ·

The facility was led by JPMorgan Chase Bank and Truist Securities.

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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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