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.

Business

Hiscox appoints Raymond Oral as chief technology officer in the US

By Coverager ·

Ray will guide the US technology team through their transformation journey.

Business

Lemonade, Trupanion and Chewy: Pet insurance analysis

By Shefi Ben-Hutta ·

The top three states by conversion for Trupanion pet policies originating from Chewy are North Carolina, with an estimated 278 policies, followed by Pennsylvania with approximately 269 policies, and Massachusetts, where around 226 policies have been reported.

Business

Belfius Direct Assurances partners with Tom&Co

By Avi Ben-Hutta ·

Tom&Co is a pet commerce company.

Business

Aer Lingus and Allianz Partners extend partnership

By Coverager ·

The new deal will be effective until March 2027 across 12 markets in Europe as well as the US.

Member News

Reserv Hires Natural Language AI Expert James Maddox as Chief Technology Officer

By The Reserv Team ·

By integrating Large Language Models, we're not just streamlining operations and enhancing economic efficiency; we're fundamentally improving the experience of policyholders.

Business

Clark is exiting Austria

By Avi Ben-Hutta ·

Clark entered the Austrian market in 2020.

Financials

Progressive reports 91.1% CR for November

By Avi Ben-Hutta ·

The insurer ended the month with a net income of $681 million.

Opinion

Coverager’s Week in Review: Dec 11-16, 2023

By Shefi Ben-Hutta ·

Written by ChatGPT based on Coverager Data.

Member News

Futurism in Insurance with Mark Breading, Senior Partner in Consulting at ReSource Pro

By John Fohr ·

Unlock the future of insurance with Mark Breading, Senior Partner at ReSource Pro. Dive into insightful discussions on insurance futurism. 🚀

Product

GAINSCO auto insurance rolls out in Pennsylvania

By Coverager ·

In December 2020, State Farm Insurance announced its acquisition of GAINSCO for $400 million, making it an owned subsidiary.

Innovation

Smile expands operations to the Spanish market

By Coverager ·

Smile plans to broaden its product range in collaboration with Caser and Helvetia Seguros.

Member News

OneShield & Coforge Join Forces to Elevate Customer Success on OneShield’s Enterprise SaaS Platform

By Debbie Ryan ·

OneShield is excited to announce their strategic partnership with Coforge, a global digital services and solutions provider.

Member News

Forrest T. Jones Goes Live on OneShield Market Solutions, Accelerating Strategic Growth Plans

By Debbie Ryan ·

FTJ, a distinguished MGA providing insurance products & other financial services to members of associations & other affinity groups, has gone live on OneShield Market Solutions, starting with its Educators Professional Liability insurance offerings.

Innovation

Avanta Ventures is shutting down

By Shefi Ben-Hutta ·

Avanta portfolio companies include Blueprint Title, Car IQ, Companion Protect, Cowbell, Delos, Joyn, Kin and others.

Business

Aflac and Trupanion will not sell pet insurance in Japan

By Avi Ben-Hutta ·

The plan was to begin selling pet insurance in the second half of 2023.

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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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