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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.

Marketing

Howden unveils new brand

By Coverager ·

In essence, the rebranding effort isn't just about a new logo; it's about Howden's commitment to evolving and growing to meet the diverse needs of its clients.

Strategy

Harford Mutual names senior director and promotes new directors

By Coverager ·

These new roles follow the recent merger of Clearpath Specialty (formerly ClearPath Mutual), a monoline workers' compensation insurance carrier based in Louisville, Kentucky, into Harford Mutual Insurance Group.

Investments

Stash raises $40 million

By Avi Ben-Hutta ·

Stash offers investing and banking products.

Business

Layoffs at American Family

By Avi Ben-Hutta ·

The insurer would not provide the number of employees being impacted.

Business

Slide acquires renewal rights for 86k Farmers policies

By Avi Ben-Hutta ·

The news comes after Farmers announced in July that it is exiting the Florida market.

Financials

Progressive achieves 89.7% CR for September

By Avi Ben-Hutta ·

The insurer ended the month with a net income of $369 million.

Innovation

Manulife launches $1 million partnership with lending platform Kiva to help build better futures  

By Coverager ·

The initiative advances Manulife’s Impact Agenda, one of whose pillars is to support inclusive economic opportunity globally.

Technology

RT Specialty expands digital solutions for small commercial business with RT Connector

By Avi Ben-Hutta ·

RT Connector allows retail insurance agents to efficiently access multiple lines of coverage from multiple carriers for their E&S small commercial business.

Business

Ford Pro Insure launches in two more states

By Avi Ben-Hutta ·

The coverage is now available in five states.

Allianz to acquire Tua Assicurazioni

By Coverager ·

Tua Assicurazioni has a profitable property and casualty insurance portfolio.

Investments

Vellum raises $7 million

By Avi Ben-Hutta ·

Vellum provides data and analytics solutions for the insurance and reinsurance industry.

Business

Castlelake and Fidelis MGU create aviation MGA

By Coverager ·

Itasca MGA's primary role will be to oversee and manage risks related to secured commercial aviation financing for both Fidelis MGU Group and Itasca Re Limited, an insurance company created by Castlelake.

Business

Wefox isn’t renewing certain policies

By Avi Ben-Hutta ·

The startup notified policyholders about this decision via email.

Business

New York Life hires Don Vu as chief data and analytics officer

By Coverager ·

Vu joins New York Life from Northwestern Mutual.

Investments

MiTrust announces new funding

By Avi Ben-Hutta ·

Open CNP participated in the round.

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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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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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Onda Selects Five Sigma to Elevate Cyber Claims Handling

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