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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.

Business

Acrisure forms Southwest Region

By Coverager ·

Partners in Southern California, Nevada, Arizona and New Mexico will now operate as Acrisure.

Business

LULA’s AI becomes the first to pass insurance licensing exams

By Gabriella Ben-Hutta ·

LULA is a provider of insurance software for vehicle fleet operators.

Financials

CapitalSG acquires BIMA MILVIK

By Gabriella Ben-Hutta ·

The transaction comes as BIMA MILVIK completes a restructuring plan to optimize its global functions and teams, setting it on course to achieve breakeven profitability in 2024.

Business

Boost Insurance launches Boost Re

By Avi Ben-Hutta ·

Boost Re is structured as a US-domiciled protected cell captive insurance company.

Member News

Canopy Connect Raises $6.5M Series A Led by Nevcaut Ventures

By Insurance Verification ·

The new capital will allow the Canopy Connect to accelerate growth, increase product velocity, and build upon their success with the platform powering more than 3,500 companies across a broad range of verticals.

Business

Matic Insurance partners with New American Funding

By Coverager ·

All New American Funding clients are eligible to search for P&C insurance through Matic’s proprietary matching technology.

Investments

QuoteWell discloses $20 million in funding

By Avi Ben-Hutta ·

The capital will be used towards expanding the company's brokerage team and enhancing its infrastructure.

Business

White Mountains launches White Mountain Partners

By Coverager ·

WMP will provide institutional capital to family, founder, and entrepreneur-owned businesses.

Investments

Kota raises €5 million

By Avi Ben-Hutta ·

Kota allows companies to create and manage benefits offerings for their employees.

Innovation

Greenlight Re seeking new CEO

By Shefi Ben-Hutta ·

Over the years, Greenlight Re has participated in at least 28 insurtech funding rounds, with noteworthy portfolio companies including Coterie, Openly, and Sana Benefits.

Business

California DMV suspends Cruise’s testing permits

By Avi Ben-Hutta ·

The suspension was based upon the performance of the vehicles.

Business

Applied announces launch of Tarmika Insured

By Avi Ben-Hutta ·

The solution allows agencies to embed commercial lines quoting capabilities.

Member News

Marco Romero: Communicating Away Risks

By John Fohr ·

Discover expert insights in construction risk management on Risk Management: Brick by Brick. Join Jason Reichl and Marco Romero of Harkins Builders

Business

Marsh to launch global cyber practice

By Avi Ben-Hutta ·

The practice will formally launch of January 1, 2024.

Business

Ranger Insurance introduces Ranger Station

By Avi Ben-Hutta ·

The new solution is offered on a standalone basis.

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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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