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Hagerty partnered with Barrett-Jackson ING Group partnered with bolttech Protect My Let partnered with Addept Insurance Services Addept Insurance Services partnered with Salvation Army General Insurance Ageas UK partnered with Wrisk 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 AIG picks Poetic in Underwriting Elpha Secure picks Ketch in Risk Mitigation Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M Chubb raised $574.2M

Cleerly Mortgages selects Acre as CRM platform

By Shefi Ben-Hutta

Acre, which was acquired by ClearScore, has raised $14.6 million from investors including Aviva Ventures, Founders Factory, McPike Global Family Office, and Sesame Bankhall Group.

Business

Insurers announce the launch of SuretyBind

By Coverager ·

The company expects to begin offering its services in 2027.

Marketing

Farmers joins TGL as founding partner

By Coverager ·

The insurer joins a roster of founding partners that includes Best Buy, Genesis, Hankook Tires, Proofpoint, and Shriners Children’s.

Business

WTW expands private markets footprint with FlowStone acquisition

By Coverager ·

FlowStone’s team and strategies will fold into WTW’s global Investments business.

Strategy

Allianz partners with Oaktree

By Coverager ·

By partnering with Oaktree and leveraging the Lloyd’s platform, Allianz secures multi-year, AA-rated capacity.

Strategy

Advisory firm joins Prudential

By Coverager ·

Premier Planning Partners, an Indiana-based all-female firm, joins Prudential Advisors.

Strategy

Westfield appoints Lloyd Scholz as Enterprise CIO

By Gabriella Ben-Hutta ·

Scholz joins from Markel.

Business

Hildene to acquire SILAC for $550 million

By Coverager ·

The deal builds on Hildene’s 2022 minority investment in SILAC.

Business

EPIC acquires Sentry transportation’s direct writing operation

By Coverager ·

The deal expands EPIC’s transportation platform and deepens its presence in the trucking sector.

Product

GAINSCO introduces 12-month auto policies in six states

By Coverager ·

The move offers price stability at a time of frequent auto insurance repricing.

Business

Ageas to take full ownership of AG Insurance

By Coverager ·

Ageas is acquiring the outstanding 25% stake in its Belgian subsidiary AG Insurance.

Business

Todd Combs leaves GEICO

By Coverager ·

Nancy L. Pierce has been appointed CEO of GEICO.

Business

Ping An opens its first self-operated hospital in Shenzhen

By Gabriella Ben-Hutta ·

The hospital will offer a range of rehabilitation services, from acute and critical care to long-term home-based support, with capacity to serve around 100,000 patients a year.

Business

Farmers Edge launches Corvian

By Gabriella Ben-Hutta ·

The new enterprise technology division is backed by Fairfax Financial.

Strategy

Tesla partners with Oona Insurance

By Coverager ·

Customers receive the policy as part of their Model Y purchase, with activation handled directly by Tesla and Oona during the handover process.

Business

QBE taps Velocity Frequent Flyer for new insurance rewards play

By Coverager ·

The partnership marks a notable cross-sell effort between a major insurer and a leading airline rewards program.

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