Acquired Archives

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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

Assurance IQ agents can be found in a Walmart near you

By Avi Ben-Hutta ·

According to several job ads, Assurance IQ and Walmart may be working together.

Business

Freeway Insurance to offer franchising opportunities

By Coverager ·

Freeway's franchise offering provides ownership access for professionally minded entrepreneurs to join their network of more than 500 retail stores nationwide.

Investments

Carbyne raises $20 million

By Avi Ben-Hutta ·

Carbyne is on a mission to redefine emergency collaboration.

Investments

Hello Alice raises $21 million

By Avi Ben-Hutta ·

The startup offers a free online platform that helps businesses launch and grow.

Investments

Carro raises $360 million

By Avi Ben-Hutta ·

Carro is an online marketplace for cars.

Business

Zurich expands medical stop loss capabilities in middle market segment

By Gabriella Ben-Hutta ·

The company partnered with IOA Re, a Pennsylvania-based managing general underwriter.

Investments

Immersive Labs raises $75 million

By Coverager ·

Since its founding in 2017, Immersive Labs has grown to over 200 people, with joint operations HQs in Bristol and Boston. For more information on the company visit immersivelabs.com.

Member News

Fail Fast? First, Understand the Customer

By Charlie Mathews ·

From the Ford Edsel to a facial mask that delivers electric shocks, Sweden’s Museum of Failure offers hundreds of tangible, often amusing reminders that the path to success is littered...

Investments

nSure.ai raises $6.8 million

By Gabriella Ben-Hutta ·

Founded in 2019, nSure is an AI-based fraud protection solution built for sellers of fraud-attractive goods and services such as gift cards, airline tickets, concert and sports tickets, hotel vouchers, software, games and more.

Product

Acrisure Re launches cyber offering in partnership with Kovrr

By Gabriella Ben-Hutta ·

The new division will be led by Cyber Practice Leader, Tom Quy.

Investments

SCOR backs ifeel

By Gabriella Ben-Hutta ·

SCOR Life & Health Ventures has invested in ifeel, a Madrid-based startup that digitally scales access to mental health solutions.

Investments

Lyra Health raises $200 million

By Gabriella Ben-Hutta ·

Lyra Health was founded in 2015 to redefine access to mental health care and currently supports more than 2.2 million members worldwide.

Business

Farmers Insurance partners with Zesty.ai

By Gabriella Ben-Hutta ·

Recent California Department of Insurance approval enables insurer new opportunity to evaluate underwriting eligibility of California homes.

Investments

Argo announces Argo Ventures spinoff

By Coverager ·

Argo Group is investing in Altai Ventures, a new, independent, early-growth-stage venture capital fund, created by spinning off Argo Ventures.

Opinion

Read for Context

By Shefi Ben-Hutta ·

“People do not see things in context anymore, that’s the negative side of the internet. We have a lot of fake realities and fake news but it’s nothing new but...

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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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