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Petshop Science partnered with OUTsurance Merit Financial Advisors partnered with Prizm Insurance Descartes Underwriting picks NextPower in Risk Mitigation Liberty Mutual picks ICEYE in Claims Foyer Group picks Tractable in Claims Zurich Australia partnered with Crop Risk Underwriting Ventis Insurance partnered with Bravo Networks USI Insurance Services partnered with CNA Insurance GuardianPointe picks ZestyAI in Underwriting Ameriprise Financial raised $750M Cleerly Mortgages picks Acre in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M

An 84-year reign came to an end, and more

By Shefi Ben-Hutta

May 2026 was a month of endings. An 84-year reign. A California market that keeps getting smaller. A workforce reduction attributed, plainly, to AI.

Business

Amynta to acquire International Sureties

By Coverager ·

Dowling Hales acted as exclusive financial advisor to International Sureties.

Innovation

Rate Insurance launches AI tool

By Coverager ·

The Salesforce Agentforce Assistant is designed to help agents serve more customers.

Business

The Hartford adds cyber insurance to its ICON platform

By Coverager ·

The Hartford’s Small Business unit serves more than 1 million small business customers.

Investments

Neptune announces launch of IPO

By Coverager ·

Neptune shareholders are seeking to raise $368.4 million.

Financials

Many Group reaches profitability

By Coverager ·

The group reported a net profit of £6.25 million.

Business

Ardonagh Europe acquires Groupe Leader Insurance

By Coverager ·

GLI has built a strong reputation as a French leader in specialist insurance, initially focused on construction risk.

Technology

Allianz UK rolls out generative AI tool for underwriters

By Shefi Ben-Hutta ·

The tool is called BRIAN.

Innovation

Parametric insurance delivers $7.9 million drought relief in Syria

By Coverager ·

The initiative is backed by Allianz.

Product

Addept launches marine legal protection insurance

By Coverager ·

Capacity is being provided by Irwell Insurance.

Product

Zurich expands Climate Spotlight to Asia Pacific

By Coverager ·

The rollout comes as Asia warms at twice the global average.

Product

Solera Autodata launches EV & Hybrid Support

By Coverager ·

The program, piloting with over 2,000 garages from October 2025, will expand to Europe in 2026.

Product

Bamboo enters Texas homeowners market

By Shefi Ben-Hutta ·

Bamboo is part of White Mountains.

Investments

Stone Point Capital and CPP Investments back OneDigital

By Shefi Ben-Hutta ·

The transaction marks OneDigital’s fourth equity recapitalization.

Product

Integrity launches IntegrityCONNECT

By Coverager ·

IntegrityCONNECT provides agents with an all-inclusive business and client management solution from a single sign-on.

Technology

L&G expands digital claims to single and over 50s life policies

By Coverager ·

Average claim timeline has been reduced by almost two weeks.

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Member News

ITC Infotech and InsureMO Partner to Bring AI-Driven Insurance Modernisation to Middle East, Africa, and India

By InsureMO, InsureMO ·

Buying Claims AI Is the Easy Part. This is How Two Claims Organizations are Making It Stick.

By Yo Sub Kwon, Voltaire ·

Zywave Announces 2026 Cyber Risk Award Winners

By Zywave ·

What Happens When Insurance Carrier Experts Retire?

By Vertafore ·

What 6,000 Insurance Leaders Were Actually Whispering About at Insurtech Insights USA

By Justin Jaksha, ePayPolicy ·

10 Cheapest Home Insurance Companies in Florida

By Melanie Musson, Clearsurance ·

Scaling Carrier Client Experience Starts Behind the Scenes

By Vertafore ·

Ivans Index May 2026 Results Released

By Michael Streit, Applied Systems ·

The Plaintiff Bar Brought AI to the Claim File. Carriers Should Arm the Adjuster.

By Yo Sub Kwon, Voltaire ·

Producerflow Launches Partner Portal to Modernize Carrier Collaboration with Distribution Partners

By Ido Deutsch, Producerflow ·

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