Acquired Archives

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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.

Innovation

Chaucer announces Richard Milner as its new Group CEO

By Coverager ·

Richard has held several executive roles at Aspen and Axis Re, building on his global (re)insurance underwriting expertise.

Business

Goosehead appoints David Lakamp as Chief Service Officer

By Coverager ·

Lakamp joins Goosehead Insurance from USAA.

Financials

Bridge Specialty International acquires Acorn International Network

By Coverager ·

Bridge Specialty is Brown & Brown Europe’s wholesale and specialty brokerage group.

Strategy

Ageas UK appoints Head of Home and Supplier Relationships

By Coverager ·

This new role reports directly to Claims Director Stephen Linklater

Innovation

Extended car warranty company ForeverCar no longer selling plans

By Gabriella Ben-Hutta ·

The company was acquired by TruStage, an investor in ForeverCar, in late 2020.

Business

Liberty Mutual launches management liability packaged solution

By Coverager ·

In addition to the new product, Liberty Mutual appointed Tan to the newly created product line manager role.

Business

AXIS appoints Anna Tan as head of wholesale casualty

By Coverager ·

Tan joins AXIS from Navigators.

Business

Ewa Rose to join Bondaval as Group CUO

By Gabriella Ben-Hutta ·

Most recently, Rose was a Managing Director at Aon Credit and Financial Risks Reinsurance Solutions.

Strategy

Inszone acquires Jacque Pirtle Insurance

By Coverager ·

Founded in 2002 and headquartered in Sacramento, California, Inszone is a full-service insurance brokerage firm that provides a broad array of property & casualty insurance and employee benefits solutions.

Business

Foresters Financial appoints Matt Berman as CEO

By Coverager ·

Mr. Berman holds a Master of Business Administration from New York University, Stern School of Business.

Business

Skyward Specialty enters media liability market

By Coverager ·

Media Liability is already available on an excess basis with further expansions to be announced in the second quarter.

Business

General Catalyst to buy Summa Health

By Coverager ·

Summa Health will become a wholly owned subsidiary of HATCo.

Business

Flourish announces Flourish Annuities

By Avi Ben-Hutta ·

The Flourish Annuities marketplace will offer fee-based multi-year guaranteed annuities.

Business

Greg Zimmer named CEO of Alliant Insurance Services

By Coverager ·

Zimmer joined Alliant in 1998.

Business

Securian Canada partners with CAA

By Coverager ·

CAA members have access to a streamlined portfolio of life and health & dental insurance products.

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Member News

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By Michael Streit, Applied Systems ·

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

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Shadow Accounting in Insurance Compensation

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

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Vertafore earns fourth consecutive Excellence in Customer Service Award

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