Acquired Archives

Coverager Data

Foyer Group picks Tractable in Claims Zurich Australia partnered with Crop Risk Underwriting Ventis Insurance partnered with Bravo Networks USI Insurance Services partnered with CNA Insurance GuardianPointe picks ZestyAI in Underwriting Hagerty partnered with Barrett-Jackson ING Group partnered with bolttech Ameriprise Financial raised $750M 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 Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M

An 84-year reign came to an end, and more

By Shefi Ben-Hutta

May 2026 was a month of endings. An 84-year reign. A California market that keeps getting smaller. A workforce reduction attributed, plainly, to AI.

Investments

INSURICA raises $25 million

By Coverager ·

INSURICA is among the 50 largest insurance brokers in the US.

Business

Zurich enters Poland commercial insurance market

By Shefi Ben-Hutta ·

The operation will be managed by Zurich Austria.

Business

Westland names EVP of client experience and digital

By Coverager ·

The move signals Westland’s continued investment in digital capabilities, data, and AI.

Strategy

Smart appoints Lee Hepplewhite as CTO

By Coverager ·

Hepplewhite brings over 20 years of experience across AI, machine learning, cloud modernization, and data platforms.

Product

The Baldwin Group launches Azimuth Re

By Shefi Ben-Hutta ·

The program targets construction companies spending at least $250,000 a year on insurance.

Business

Howden-backed Rosetta Risk Management site goes inactive

By Shefi Ben-Hutta ·

Rosetta Risk Management was founded in 2021.

Business

Howden launches actuarial & longevity practice with Hymans Robertson deal

By Shefi Ben-Hutta ·

The deal will establish Howden IAL.

Business

Aon expands digital infrastructure team amid rising data center demand

By Coverager ·

The move reflects increasing complexity in financing and insuring large-scale infrastructure projects.

Innovation

Sammons backs $1.4 million Sioux Falls grants

By Shefi Ben-Hutta ·

The funding supports affordable housing and community development initiatives.

Strategy

Richmond National expands Virginia operations with $1.7 million investment

By Shefi Ben-Hutta ·

Richmond National is a specialty P&C insurer.

Business

NFP acquires Sherman Insurance Agency

By Coverager ·

The move adds trucking-focused expertise to NFP’s broader platform.

Business

Simplicity acquires Insurance Planners and Advisors Group

By Coverager ·

Simplicity Group is a financial services platform and distribution partnership.

Product

Claimence launches AI platform for financial lines claims

By Coverager ·

Initial capabilities focus on D&O claims, with plans to expand to other financial lines coverages, including E&O, EPL, fiduciary, and cyber.

Technology

iA Financial modernizes individual life insurance

By Coverager ·

~50% of new life insurance sales benefit from a fully redesigned journey.

Investments

Munich Re Ventures backs Starfish Space $100 million round

By Shefi Ben-Hutta ·

Starfish Space builds spacecraft that can service other satellites, helping extend their life or safely remove them from orbit.

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Member News

Buying Claims AI Is the Easy Part. This is How Two Claims Organizations are Making It Stick.

By Yo Sub Kwon, Voltaire ·

Zywave Announces 2026 Cyber Risk Award Winners

By Zywave ·

What Happens When Insurance Carrier Experts Retire?

By Vertafore ·

What 6,000 Insurance Leaders Were Actually Whispering About at Insurtech Insights USA

By Justin Jaksha, ePayPolicy ·

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 ·

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