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Hagerty partnered with Barrett-Jackson ING Group partnered with bolttech Protect My Let partnered with Addept Insurance Services Addept Insurance Services partnered with Salvation Army General Insurance Ageas UK partnered with Wrisk Cleerly Mortgages picks Acre in Admin Leavitt Group picks FurtherAI in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M KOBAN SÜDVERS picks CyberCube in Risk Mitigation AIG picks Poetic in Underwriting Elpha Secure picks Ketch in Risk Mitigation Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M Chubb raised $574.2M

Cleerly Mortgages selects Acre as CRM platform

By Shefi Ben-Hutta

Acre, which was acquired by ClearScore, has raised $14.6 million from investors including Aviva Ventures, Founders Factory, McPike Global Family Office, and Sesame Bankhall Group.

Technology

Indiana Farmers introduces IMGING for large-scale roof claims

By Coverager ·

Indiana Farmers Insurance is a Midwest-based company that writes home, auto, farm, and business insurance.

Product

Miller launches global parametric team headed by Alice Glenister

By Gabriella Ben-Hutta ·

The team will be led by Alice Glenister who joins from Mastercard.

Product

Upcoming changes to Attune BOP appetite

By Gabriella Ben-Hutta ·

Attune's BOP is underwritten by Accredited Surety and Casualty Company.

Business

Core Specialty announces transfer of Specialty Markets Group from American National

By Coverager ·

American National’s Specialty Markets Group is recognized as one of the leading writers of credit-related insurance products.

Business

Innovative Risk Labs and Apollo launch JustParent

By Avi Ben-Hutta ·

The new coverage will be marketed to SMEs.

Business

AXIS promotes Edward Ashby to Chief Commercial Officer

By Avi Ben-Hutta ·

Ashby joined AXIS in 2014 as Head of US Distribution for its insurance business.

Business

Odie Pet Insurance partners with Tigerless Insurance

By Coverager ·

Tigerless Insurance serves people living in the US with different visas.

Business

bolt partners with WorldTrips

By Avi Ben-Hutta ·

Travelers will be able to add the coverage for their devices when purchasing their travel insurance.

Business

Loop renews reinsurance program

By Coverager ·

The program will go into effect for an extended 15-month term.

Investments

Yurtle raises £1.37 million

By Avi Ben-Hutta ·

Yurtle has attracted 2,500 customers so far.

Financials

State Farm reports $14.1 billion P&C underwriting loss

By Avi Ben-Hutta ·

The number one auto and homeowners insurer in the country reported earned premium of $87.6 billion.

Business

Citizens is not solvent according to DeSantis

By Avi Ben-Hutta ·

The insurer has been offloading policies in recent months to other insurers.

Business

MSIG Holdings USA CEO Slabbert departs

By Coverager ·

Slabbert became CEO of the MS&AD subsidiary in January 2023.

Business

Aviva and Howden partner to offer solar insurance

By Avi Ben-Hutta ·

Sunsave offers homeowners a solar subscription service.

Innovation

Progressive is building a home repair network

By Shefi Ben-Hutta ·

Castle is inviting service professionals to join its network.

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