Acquired Archives

Coverager Data

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.

Product

Springbuk launches partner marketplace for employers and benefits advisors

By Gabriella Ben-Hutta ·

The Springbuk Activate marketplace matches employers with possible partners based on their population's health needs or risks, showing them potential opportunities in savings and program engagement.

Financials

Travelers reports fourth quarter 2023 results

By Coverager ·

The company reported a net income of $1.626 billion for the quarter.

Investments

KAP secures additional $330 million of financing

By Gabriella Ben-Hutta ·

Apogem Capital led the financing which was significantly over-subscribed and jointly arranged by Crescent Capital, both existing lenders to KAP.

Investments

Erie’s VC arm announces three new investments

By Avi Ben-Hutta ·

The Erie Strategic Ventures fund focuses on investing in the personal and commercial insurance value chain.

Investments

Employee benefits company Nest Collaborative raises $6 million

By Coverager ·

Nest Collaborative's services are covered by more than 250 insurance plans.

Product

AmericanAg launches personal cyber coverage product

By Coverager ·

Personal Cyber Coverage is the latest addition to the AmericanAg suite of cyber offerings, which also includes Farm and Commercial Cyber Coverage.

Member News

Roamly Partners with Bindable to Expand B2B2C Distribution Using Preferred Channels

By Mary Clare Riordan ·

Roamly will now distribute their RV protection products through Bindable’s digital insurance marketplace, reaching millions more American households.

Business

Getsafe acquires deineStudienfinanzierung

By Avi Ben-Hutta ·

The deal is said to be in the mid to high seven-figure range.

Business

OnStar Insurance to become General Motors Insurance

By Avi Ben-Hutta ·

The move comes after the insurance unit shifted strategies from an agency model to a full-stack carrier.

Innovation

Second insurtech exit this month: Roojai acquires Lifepal

By Gabriella Ben-Hutta ·

Terms of the investment weren't disclosed.

Investments

Mortgage insurer Radian Group backs FinLocker

By Gabriella Ben-Hutta ·

Terms of the investment weren't disclosed.

Marketing

Intact introduces Striior Insurance Solutions

By Gabriella Ben-Hutta ·

Striior specializes in builder's risk insurance.

Strategy

WR Berkley names Mark Schuermann president of Berkley Entertainment

By Gabriella Ben-Hutta ·

He succeeds Cindy Broschart, who has been named chair of the business.

Member News

10 Things that May (or May Not) Happen with the Insurance Industry in 2024

By AgentSync ·

Predictions for the future of the insurance industry come along every year. This year, we’re making them a little more interesting than usual.

AgTech

Ever.Ag acquires AgencyRoot

By Coverager ·

Ever.Ag is Everything Agriculture.

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Member News

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 ·

Why Cyber Insurance's "Fire Sale" Won't Last

By Zywave ·

Shadow Accounting in Insurance Compensation

By Vertafore ·

Sircon Compensation recognized for helping carriers turn agent compensation into a competitive advantage

By Vertafore ·

How Carriers Can Help AI Pilots Take Off

By Vertafore ·

Vertafore earns fourth consecutive Excellence in Customer Service Award

By Vertafore ·

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