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Cuvva picks Quantee in Pricing In Good Time partnered with Corebridge Financial In Good Time partnered with American-Amicable In Good Time partnered with Occidental Life Insurance Kingstone Insurance picks Earnix in Pricing Orchard Insurance partnered with Credible Insurance Mitsui Sumitomo Insurance partnered with Coalition Poncho raised $617.43K Canara HSBC Life Insurance picks Amazon Web Services in Underwriting Hanwha Life uses Digital Technology in Customer Service Virtus picks Indio Technologies in Sales Fairfax Financial Holdings raised $501.09M Zopper raised $25M Abacus Life raised $100M bolttech raised $50M

Direct Line rejects £3.3 billion bid from Aviva

By Avi Ben-Hutta

Direct Line confirmed it received the unsolicited and conditional offer on November 19.

Financials

Progressive sees CR improvement in Q3

By Avi Ben-Hutta ·

The company reported a net income of $1.12 billion.

Member News

Coterie Insurance Partners with Five Sigma to Create Long-term Value for Small Businesses

By Katherine Jones ·

“We’re thrilled to partner with Five Sigma to help supercharge our claims operations and enhance our commitment to a thoroughly digital and user-first claims experience,” said Morgan Smith, COO at Coterie Insurance.

Business

Ryan Specialty to acquire AccuRisk Holdings

By Coverager ·

The company generated approximately $25 million of revenue.

Investments

Generali commits €250 million to venture fund

By Avi Ben-Hutta ·

The venture will identify the most promising investment opportunities.

Member News

Ascend to Serve as a Financial Operations Automation Platform for Acrisure

By Andrew Wynn ·

San Francisco – October 31, 2023 — Ascend today announced that Acrisure, the global Fintech leader, will leverage its premier financial operations automation platform. Initially, Acrisure will leverage Ascend to...

Member News

Using Technology to Optimize Distribution Growth

By AgentSync ·

A summary of the workshop led by AgentSync’s VP of Sales, Ryan Ward, at the 2023 Insurtech Insights Conference

Member News

5 Ways to Get a Fair Car Insurance Settlement

By Melanie Musson ·

A recent report by Clearsurance.com revealed five tips for negotiating the best insurance settlement following a vehicle being declared a total loss. No one wants their car to be damaged,...

Business

Mission Underwriters US appoints Jim Dwane as new CEO

By Coverager ·

This change comes as the company's founding CEO pursues new ventures.

Business

AXA XL extends ecosystem access to clients

By Coverager ·

The AXA XL Ecosystem is a suite of business solutions.

Strategy

Dai-ichi and YuLife announce pilot program

By Avi Ben-Hutta ·

Dai-ichi Life will provide test users with the YuLife app.

Investments

Boundless Rider raises $4.25 million

By Avi Ben-Hutta ·

American Family Ventures led the round.

Business

Helvetia receives regulatory approval for UK branch

By Coverager ·

Helvetia Global Solutions focuses on international non-life business.

Financials

Key highlights from The Hartford’s Q3’23 earnings call

By Shefi Ben-Hutta ·

Commercial Lines achieved core earnings of $542 million.

Product

Concert welcomes rating for new medical professional liability group

By Coverager ·

Independent insurance company manager Strategic Risk Solutions (SRS) will provide regulatory management services to Indigo RRG.

Business

Mosaic builds out five specialty lines of business across Canada

By Coverager ·

The global firm opened an office in Toronto, Ontario last July, and since then, has expanded coast to coast in the Canadian specialty insurance market.

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Member News

6 Variations on Producer Licensing for Travel Lines

By AgentSync, AgentSync ·

A Cornucopia of Agentic AI Agents: Revolutionizing Industries One Task at a Time

By Robin Roberson, Agentech ·

Bindable partners with Recoop Disaster Insurance

By Mary Clare Riordan, Bindable ·

Leveraging Data Analytics for Risk Management in Insurance with Alexandra Littlejohn

By John Fohr, TrustLayer ·

Cybersecurity in Insurance: Why Your Data and Compliance Can’t Afford to Slip

By AgentSync, AgentSync ·

Ensuring Quality and Compliance with AI in Claims Processing

By Robin Roberson, Agentech ·

Integrating insurance licensing & commissions

By Vertafore ·

Obie Unveils Tenant Legal Liability Policy to Empower Real Estate Investors with Streamlined Tenant Risk Coverage

By Aaron Letzeiser, Obie ·

Onda Selects Five Sigma to Elevate Cyber Claims Handling

By Oded Barak, Five Sigma ·

HAI Group Goes Live on OneShield Enterprise Platform 7, Launching General Liability and Excess Products

By Janice Merkley, OneShield ·

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