Acquired Archives

Coverager Data

AXA XL partnered with Samsara EPIC Insurance Brokers & Consultants partnered with GoodTrust Corgi partnered with Silicon Valley Bank Coverly360 partnered with Porch Insurance Reciprocal Exchange Coverly360 partnered with Homeowners of America 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 Descartes Underwriting picks NextPower in Risk Mitigation APRIL Group raised $231.51M

Simply Business hits one million UK customers

By Shefi Ben-Hutta

Simply Business has grown its customer base in the UK by over 50% since 2020.

Business

Loop goes through another round of layoffs

By Avi Ben-Hutta ·

The majority of the workforce was let go.

Financials

Rennova Health announces stock exchange agreements with struggling FOXO

By Shefi Ben-Hutta ·

In addition, FOXO secured a commitment for up to $2.5 million in financing.

Business

JLR invests ~£1 million to support UK police in tackling vehicle thefts

By Gabriella Ben-Hutta ·

The announcement reflects JLR’s multifaceted strategy to tackle vehicle thefts and the impact on insurance premiums for its clients.

Innovation

New York Life hires Alain Biem as chief data science officer

By Coverager ·

Biem held data science leadership positions at Wayfair, Opera Solutions, and IBM Corporation.

Business

Guardian and Pelago launch new partnership

By Coverager ·

The new offering will be available in July for new dental plans.

Business

Sonnet to discontinue auto insurance business in Alberta

By Coverager ·

Sonnet's home insurance business in Alberta will not be impacted by this change.

Business

The Mutual Group appoints Brett Humphrey as Chief Financial Officer

By Coverager ·

Humphrey held various senior positions during his nine-year tenure at American International Group in New York and Japan.

Investments

Amplify Life raises $20 million

By Avi Ben-Hutta ·

Amplify claims to have helped over 4k customers since launching.

Business

Nubank and Chubb reach 2 million active insurance policies in Brazil

By Avi Ben-Hutta ·

The first product launched by the companies was in December 2020.

Strategy

Funeral Directors Life names Monica Kroier as Market Center Manager

By Coverager ·

Monica has more than a decade of experience in the funeral profession.

Business

Inszone Insurance acquires Welcome Insurance Agency

By Gabriella Ben-Hutta ·

Welcome Insurance Agency is a provider of restaurant and commercial insurance for gas stations, restaurants, automotive shops, and religious institutions.

Product

Introducing Tiq CashSaver

By Coverager ·

Tiq CashSaver offers a practical and flexible savings solution.

Strategy

Intact doubles down on its Municipal Climate Resiliency Grants program

By Shefi Ben-Hutta ·

In 2022, Intact invested a total of $1 million in ten climate adaptation projects in communities across Canada.

Opinion

Direct Intelligence

By Shefi Ben-Hutta ·

34 years of insurance history.

Financials

Progressive reports 100.4% CR for May

By Avi Ben-Hutta ·

The insurer ended the month with a net income of $235.7 million.

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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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