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.

Investments

Vestwell raises $125 million

By Avi Ben-Hutta ·

Vestwell provides the infrastructure for employers to power workplace savings programs.

Business

Hodinkee launches pilot program for jewelry insurance

By Avi Ben-Hutta ·

The new pilot is in partnership with Chubb.

Business

NordVPN partners with HSB

By Avi Ben-Hutta ·

The company is offering customers in the US and UK access to identity theft recovery and cyber extortion protection.

Strategy

Belfius to discontinue Jane

By Shefi Ben-Hutta ·

Jane is a smart home solution for the elderly.

Strategy

Cliff Gallant leaves Hippo for AXIS

By Coverager ·

Mr. Gallant will report to AXIS Chief Financial Officer Peter Vogt.

Innovation

Bain Capital Insurance invests $200 million into GuideOne

By Avi Ben-Hutta ·

GuideOne will use the $200 million it received for becoming the inaugural member of The Mutual Group.

Business

Bird files for bankruptcy

By Avi Ben-Hutta ·

Bird Canada and Bird Europe are not part of the filing and continue to operate as normal.

Business

TypTap assumes $30 million of IFP from Citizens

By Coverager ·

TypTap expects to complete a second assumption of policies from Citizens in January 2024.

Business

Everest expands accident and health offering

By Coverager ·

Everest’s Group FII offers supplemental benefits to those with high deductible primary medical coverage.

Product

Sparta to distribute ARMD Tools In Transit product

By Shefi Ben-Hutta ·

ARMD Tools In Transit offers tools insurance, covering up to £10,000.

Business

Aon to buy insurance broker NFP for $13.4 billion

By Shefi Ben-Hutta ·

Closing of the transaction is subject to customary conditions, including regulatory approvals, and is expected to occur in mid-2024.

Member News

SafeEnterprise Insurance launches Auto Dealership Cyber Program

By J.R. Satter ·

SafeEnterprise is launching its new industry-based cyber product for auto dealerships to address cybercrime and evolving regulatory standards.

Member News

NARAB II: What is it and why does the federal government not care to get it off the ground?

By AgentSync ·

Little progress has been made regarding NARAB II, the 2015 legislation aimed at streamlining nonresident producer licensing. But it’s not for lack of trying.

Business

Ebix reaches agreement with Zinnia and files for Chapter 11

By Coverager ·

The sale will be implemented under Section 363 of the Bankruptcy Code.

Innovation

Allianz Life partners with Munich Re Automation Solutions

By Coverager ·

This new partnership extends the broader relationship between Munich Re Automation Solutions and Allianz in a number of countries.

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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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