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CoverForce Inc partnered with USLI Morrisons partnered with Accredited Insurance Morrisons partnered with AXA Tesco Insurance & Money Services partnered with Allianz Partners Tesco Insurance & Money Services partnered with AmTrust Financial Prudential Financial picks Gradial in Sales Connie Health raised $40M Convr picks Property Guardian in Underwriting Sammons Financial Group raised $750M IAG picks Sonder in Claims Tugboat raised $3M Pints AI raised $5.6M Great-West Lifeco raised $107.44M BMO Insurance picks Walnut Insurance in Sales Farm Bureau Mutual Insurance Company of Idaho picks LenderDock in Admin

Morrisons enters insurance with Hood Group

By Shefi Ben-Hutta

The UK grocer's entry into the category and its first move to monetize the More Card loyalty base through insurance.

Financials

Abacus Life reports Q3 2024 results

By Shefi Ben-Hutta ·

Abacus holds 532 policies on its balance sheet, valued at $274.4 million.

Business

Safeco enters into an agreement with Main Street America

By Coverager ·

The transition will begin in the second quarter of 2025, subject to regulatory requirements in relevant jurisdictions.

Innovation

Antares announces business unit restructure as it launches UK Insurer

By Shefi Ben-Hutta ·

CEO Mike van der Straaten stated this reorganization completes the company’s shift to a unified operational model.

Business

MassMutual announces CFO transition and chief actuary appointment

By Coverager ·

Betsy Ward will retire at the end of this year.

Business

SiriusPoint announces changes to chief underwriting office

By Coverager ·

From January 1, 2025, Anthony Shapella will be promoted into the role of Group Chief Underwriting Officer.

Innovation

Travelers appoints Volkswagen Insurance

By Shefi Ben-Hutta ·

The company’s principal office is located at 1950 Opportunity Way, Suite 1500, Reston, VA 20190—the headquarters of Volkswagen Group of America.

Investments

Agicap raises $48 million

By Gabriella Ben-Hutta ·

Treasury management platform Agicap announced a $48 million Series C funding round led by AVP.

Business

Progressive Home to discontinue Dwelling Fire line of business

By Coverager ·

DP-3 policies represented 3.6% of all Progressive property policies as of September 30, 2024.

Business

Principal names Deanna Strable next president and CEO

By Coverager ·

Strable succeeds Dan Houston, who will continue to serve as executive chair of the Board.

Emerald Bay Risk Solutions launches inaugural casualty program

By Coverager ·

The program will provide capacity for an excess liability facility for high-end co-op and condominium buildings in New York City.

Financials

SelectQuote reports Q1 2025 financial results

By Shefi Ben-Hutta ·

SelectRx membership surpassed 86,000, a 64% year-over-year increase.

Technology

Ondo InsurTech Plc has expanded its partnership with Nationwide

By Shefi Ben-Hutta ·

Ondo is a home insurance claims prevention technology company.

Member News

Branch Enhances Claims Operations with Kyber’s AI-Powered Platform, Achieving Significant Efficiency Gains

By Kyber ·

“Branch’s results underscore the power of Kyber’s AI to not only speed up operational processes but also drive consistency and compliance across claims handling,” said Sav Gadoo, Co-Founder of Kyber.

Business

Direct Line to cut 550 jobs

By Coverager ·

The UK-based insurer hopes to deliver an additional £50 million of cost savings next year.

Business

MDS acquires Cobian

By Gabriella Ben-Hutta ·

Madrid-based Cobian is focused on commercial insurance, particularly in industrial risks, energy, construction and financial lines.

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Member News

The Adjuster Shortage Is Turning Claims AI Into an Operating Necessity

By Yo Sub Kwon, Voltaire ·

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 ·

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