Acquired Archives

Coverager Data

Descartes Underwriting picks NextPower in Risk Mitigation Petshop Science partnered with OUTsurance Liberty Mutual picks ICEYE in Claims 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 Ameriprise Financial raised $750M Cleerly Mortgages picks Acre in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M 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

Introducing VitalityCar

By Gabriella Ben-Hutta ·

Developed in partnership with Covéa Insurance, the new product enables drivers to measure and improve their driving behavior after each trip, earning rewards for driving more safely and making greener choices.

Investments

CMFG Ventures and NM Future Ventures back Splash Financial

By Coverager ·

With this latest funding, Splash has secured more than $60 million in equity funding since its founding.

Member News

Coterie Named one of the 2021 Best and Brightest Companies to Work For in the Nation

By Katherine Jones ·

CINCINNATI – June 17, 2021 — The National Association for Business Resources has named Coterie as one of their Spring 2021 Best and Brightest Companies To Work For in the...

Member News

Salty acquires CoNarrative

By Daniel Bryan ·

SALT LAKE CITY, Utah, June 17, 2021 (PR NEWSWIRE)– Salty Dot Inc., the Embedded Insurance® technology company, today announced the acqui-hire of CoNarrative Inc. The transaction includes hiring staff to...

Member News

Tractable becomes world’s first computer vision unicorn for financial services

By Casey Sobota ·

Tractable raises $60M Series D round led by Insight Partners and Georgian, valuing company at $1B, as a result of 600% revenue growth in past 24 months Working with insurers,...

Investments

Google’s self-driving car project Waymo raises $2.5 billion

By Gabriella Ben-Hutta ·

Established in 2009, Waymo is the only autonomous vehicle company with public ride-hailing service.

Business

Cambridge Mobile Telematics acquires TrueMotion

By Avi Ben-Hutta ·

This acquisition, which closed today, unites the two leading companies in the rapidly growing mobile telematics industry, CMT said in a press release.

Investments

AKUR8 raises $30 million

By Gabriella Ben-Hutta ·

BlackFin Capital Partners and MTech Capital participated in the round.

Investments

Tractable raises a $60 million at a $1 billion valuation

By Coverager ·

Over 20 of the global top 100 auto insurers use Tractable today to help their customers get back to normal faster after an accident.

Investments

Honey Insurance raises $12 million

By Coverager ·

Honey is a smart home insurance provider from Australia.

Product

ShoreOne enters New Jersey

By Coverager ·

Policies are sold exclusively through ShoreOne agency partners.

Financials

Davies acquires IAS Claim Services

By Gabriella Ben-Hutta ·

IAS will form part of Davies’ existing US based Claims Solutions business led by CEO, Matt Button.

Business

Trux partners with REIN

By Gabriella Ben-Hutta ·

This collaboration was designed to provide a simplified insurance onboarding and renewal program for dump truck drivers.

Strategy

Introducing Sompo Light Vortex

By Coverager ·

Japanese insurance group SOMPO Holdings announced a new subsidiary by the name of Sompo Light Vortex.

Strategy

Simply Business partners with RSA to launch SME shop insurance

By Coverager ·

Simply Business partners with RSA to launch SME shop insurance.

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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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