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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.

Opinion

Coverager’s Week in Review: From Aon’s Enigma to Acrisure’s Identity Problem

By Shefi Ben-Hutta ·

Coverager’s Week in Review – October 22-28, 2023.

Business

Indigo launches medical professional liability insurance

By Avi Ben-Hutta ·

Indigo is backed by Rubicon Founders and Oak HC/FT.

Strategy

Aon accelerates Aon United strategy

By Avi Ben-Hutta ·

Aon reported revenue of $2.95 billion for the third quarter and net income of $467 million.

Business

Anzen partners with Carta

By Gabriella Ben-Hutta ·

Any Carta customer applying for D&O insurance via Anzen can automatically sync their cap table and receive D&O insurance quotes in hours.

Business

Cruise pauses all driverless robotaxi operations

By Avi Ben-Hutta ·

Earlier this week, the California DMV suspended Cruise’s testing permits.

Business

battleface partners with Stella Insurance

By Avi Ben-Hutta ·

The companies are partnering to offer travel insurance.

Business

At-Bay launches new cybersecurity solution

By Avi Ben-Hutta ·

The solution is designed to help emerging and mid-sized businesses advance their security defenses.

Member News

License and Registration, Please: 5 Questions Insurance Agents Shouldn’t Answer without a Securities License

By AgentSync ·

Five client questions insurance agents shouldn’t answer without a securities license and why.

Financials

Hippo lays off approximately 20% of staff

By Shefi Ben-Hutta ·

Hippo primarily operates as a personal property insurer and has raised over $1.2 billion since its inception.

Business

Liberty Mutual plans workforce cuts

By Avi Ben-Hutta ·

The company is eliminating 850 positions.

Business

Uber begins offering rides in self-driving Waymo cars

By Avi Ben-Hutta ·

The rides will be the same price as the traditional car rides Uber offers.

Business

bp announces deal with Tesla

By Coverager ·

bp will acquire ultra-fast charging hardware units from Tesla for $100 million.

Member News

AgentSync Raises $50M in Funding to Drive Operational Efficiencies For Insurers and Distributors

By AgentSync ·

AgentSync doubles down on building the most modern and connected producer management and compliance solutions to provide flexibility in distribution channels for carriers, agencies, and MGAs

Investments

Upfort raises $8 million

By Avi Ben-Hutta ·

Upfort offers cyber security protection to SMEs.

Investments

Assureful raises $1.5 million

By Avi Ben-Hutta ·

The Lloyd's of London Coverholder is licensed across the US.

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Featured Jobs

Senior Executive Compensation Analyst

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AVP, P&C Climate Risk and Exposure Analytics

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Production Underwriting Specialist

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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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