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Counter picks Northwestern Mutual in Claims Counter picks MassMutual in Claims MAPFRE RE picks CyberCube in Underwriting HEMIC picks EvolutionIQ in Claims Onward Group partnered with Equinox Agency Insurance Company partnered with Insuritas Vertical Insure partnered with Eventeny Stillwater Insurance Group picks Livegenic in Claims Zurich UK partnered with Reframe Qubit Underwriting Limited partnered with Canopius Nirvana Insurance raised $80M Klaim raised $10M InsureVision raised $2.7M Outmarket AI raised $4.7M CoverForce Inc raised $13M

NY Attorney General sues Allstate over data breaches

By Shefi Ben-Hutta

The lawsuit follows two data breaches in 2020 and 2021.

Member News

Insurance 101: The Insurance Distribution Channel Overview

By AgentSync ·

The quickest summary of a distribution channel is that insurance products are sold to consumers by licensed agents who carriers contract and appoint to sell their products. But, as you’ll read, it’s not quite as simple as that.

Investments

Floodbase raises $5 million

By Coverager ·

Floodbase has now raised $17 million in venture capital.

Business

RGA announces reinsurance transaction with Equitable Holdings

By Coverager ·

Equitable will continue to provide direct policyholder administration and support.

Business

NSM Insurance Group to sell US commercial insurance division

By Coverager ·

The closing is subject to regulatory approvals.

Business

Aflac launches new accident policy

By Coverager ·

The product is available in 32 states.

Strategy

InvestCloud partners with Apollo to expand private markets access

By Shefi Ben-Hutta ·

The partnership allows InvestCloud’s clients to incorporate Apollo’s private market model portfolios into their advisory platforms.

Financials

Donegal reports Q4 and full-year 2024 results

By Coverager ·

Donegal Group operates in a total of 21 states.

Business

Tonya Pierson joins Assurity as Vice President, Inforce Administration

By Coverager ·

She will lead Assurity’s Inforce Administration Team in areas including productivity, innovative solutions, and modern processes.

Strategy

GAINSCO expands into Idaho

By Coverager ·

GAINSCO is a nonstandard auto insurer.

Product

Pacific Life Re enters Dutch market with €2 billion longevity swap deal

By Coverager ·

Eversheds Sutherland supported the transaction.

Strategy

Carbon Underwriting expands into international healthcare

By Shefi Ben-Hutta ·

This expansion follows the appointment of Carbon’s new CFO, Alex Poracchia.

Product

Carisk Partners expands behavioral health program

By Shefi Ben-Hutta ·

Following HeadsUp Healthcare acquisition.

Investments

Euroins Bulgaria completes €58.8 million raise

By Coverager ·

The funds will support the insurer’s growth in Central and Southeastern Europe.

Financials

GEICO ends 2024 with $7.8 billion profit

By Avi Ben-Hutta ·

GEICO had 28,247 employees at the end of 2024.

Product

Yoga Insurance expands offering with Ageas

By Shefi Ben-Hutta ·

This marks the first home insurance product for both Yoga and Ignite Software House.

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Featured Jobs

Director, Business Solutions- Claims

Arch Insurance Group

Director, Actuarial & Analytics PI Auto Pricing

Travelers

Vitesse and Five Sigma Partner to Expedite Payments and Enhance Customer Experience in Insurance Claims

By Oded Barak, Five Sigma ·

What Is Distribution Channel Management (DCM)? The Evolution of Compliance.

By AgentSync, AgentSync ·

Insurance trends and regulatory changes to watch in 2025

By Vertafore ·

New white paper exploring what's inhibiting AI success in life & annuity

By Team at Sureify, Sureify ·

Case Study: Harbor Claims Saves Adjusters 50% of Time Spent Drafting With Kyber

By Arvind Sontha, Kyber ·

Vertafore report shows how carrier processes, communication and technology impact the agent experience

By Vertafore ·

Insurance Comparison Shopping Made More Efficient for Consumers and Agents Through Bindable’s New Integration with Canopy Connect

By Mary Clare Riordan, Bindable ·

Path to Profitability: Market Risks Facing Agencies and Carriers for Medicare Open Enrollment 2025

By AgentSync, AgentSync ·

USAA: Cheapest Car Insurance in Florida

By Melanie Musson, Clearsurance ·

AMS360 named top insurance agency management system in G2’s 2025 Software Awards

By Vertafore ·

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