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.

Business

Buddybank partners with Zurich Group

By Gabriella Ben-Hutta ·

buddybank's customers can now subscribe to car and motorcycle policies through their smartphone.

Product

Zurich partners with METRO Germany

By Gabriella Ben-Hutta ·

Zurich has launched "GastroSchutz", a modular insurance cover for METRO customers.

Agents

Sproutt is going after agents

By Avi Ben-Hutta ·

After almost two years of being strictly online, Sproutt is going after the agency channel.

Member News

Travel insurance disruptor battleface launches new discovery product

By battleface ·

Recent study shows 33% of Americans don’t purchase travel insurance in fear of wasting money on unnecessary policies; New Discovery options make travel insurance simpler/affordable for clients & customizable to...

Strategy

Liberty Mutual seeks to acquire Malaysian insurer AmGeneral

By Gabriella Ben-Hutta ·

Planned acquisition and subsequent merger of operations is expected to make Liberty Mutual the largest auto Insurer in Malaysia.

Financials

Canada Life acquires ClaimSecure

By Gabriella Ben-Hutta ·

This acquisition increases the number of plan members served by Canada Life by 1.25 million individuals, including plan members and their dependents, with annual claims payments of more than CAD$1.2 billion.

Business

Allianz Holdings restructures to create Commercial and Personal businesses

By Gabriella Ben-Hutta ·

These changes represent the next phase in Allianz’s integration of the LV= General Insurance and L&G General Insurance businesses and will simplify and streamline its operations.

Business

Ageas introduces ‘AgeSA’

By Gabriella Ben-Hutta ·

The new name aligns closely with Ageas's purpose to be a 'Supporter of your life' and is based on two main elements: 'solidarity' and 'goodness'.

Product

Chubb adds E&O solution for small businesses into digital marketplace platform

By Gabriella Ben-Hutta ·

The upgraded solution, Pro ERM℠ (Enterprise Risk Management), provides small businesses with a single policy that addresses professional, media, and cyber exposures.

AgTech

Introducing the Agritask Vegetation Index

By Coverager ·

ATVI was developed using Agritask's machine learning technology and leveraging its hub of aggregated agronomic and GIS data.

Product

Verikai introduces health insurance marketplace

By Gabriella Ben-Hutta ·

Brokers will now be able to run group reports through Verikai’s established system and immediately get matched with underwriters who are willing to write the group.

Opinion

Till Confidence Do Us Part

By Shefi Ben-Hutta ·

In 2021 - STFC is being sold to Liberty Mutual (LM); in a deal that sees one former State Auto employee cover 100% of its wedding costs.

Strategy

Lincoln Financial Securities partners with AIMCOR EIG

By Gabriella Ben-Hutta ·

The two will provide financial professionals and their clients with a wide variety of insurance products to 'seamlessly' integrate into their financial planning process.

Investments

Revolut raises $800 million

By Gabriella Ben-Hutta ·

The round was co-led by Softbank Vision Fund 2 and Tiger Global.

Strategy

Athene to acquire Foundation Home Loans

By Gabriella Ben-Hutta ·

Transaction expands Athene's residential mortgage loan origination and investing capabilities.

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Member News

ITC Infotech and InsureMO Partner to Bring AI-Driven Insurance Modernisation to Middle East, Africa, and India

By InsureMO, InsureMO ·

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 ·

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