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Branch Insurance Exchange reports Q3 2024 results

By Avi Ben-Hutta

The reciprocal reported a net underwriting loss of $50.7 million for the nine months of the year.

Business

A look at Bestow’s other carrier partner

By Avi Ben-Hutta ·

Bestow declined to share the identity of the carrier partner.

Member News

CAPE Analytics Unveils Expanded Hail Intelligence Suite, Providing Carriers With The First 360-View of Property-Level Hail Risk

By Kayvan Farzaneh ·

CAPE has combined imagery-based property analytics and granular weather history for the first time into a hail risk assessment toolkit that can be used by insurance carriers to better understand property-specific exposure.

Investments

Upwind Security raises $50 million

By Gabriella Ben-Hutta ·

Rather than relying on static snapshots of data, Upwind leverages runtime data to secure cloud environments.

Business

Simply Business appoints new US CEO

By Coverager ·

Samantha Roady has joined the company as chief executive officer.

Business

CelsiusPro buys Global Parametrics

By Coverager ·

The merged company will operate from offices in Zurich, Sydney, and London.

Business

Trupanion appoints Fawwad Qureshi as CFO

By Coverager ·

Wei Li, who has acted as interim CFO since June, will remain with Trupanion in the capacity of SVP, Finance and Corporate Controller.

Investments

Momnt raises $15 million

By Avi Ben-Hutta ·

TruStage Ventures led the round.

Investments

EIT InnoEnergy secures €140 million to accelerate sustainable energy innovations and US expansion

By Coverager ·

New investors like Societe Generale, Santander CIB, and Renault Group, along with existing shareholders like Siemens and Volkswagen Group, participated in the round.

Business

State Farm’s ADT incentive launches in more states

By Avi Ben-Hutta ·

ADT announced that they plan to expand the program to up to 13 states by the end of 2023.

Business

YuLife is now offering health insurance

By Avi Ben-Hutta ·

The new health coverage will be accompanied by the YuLife rewards app.

Investments

Deskbird secures $13 million to expand workplace management solutions

By Coverager ·

AVP is an investor

Member News

How Life Insurance Carriers Can Win at the Long Game of Annuity Broker Recruitment

By AgentSync ·

Life insurance carriers will look to operational efficiencies that help dually licensed brokers capitalize on a singular variable lines market.

Financials

NYSE extends FOXO’ listing deadline but stock price issues remain

By Shefi Ben-Hutta ·

The company's Class A common stock had been trading at an "abnormally low" average price of less than $0.20 over a 30-day trading period.

Product

Introducing Life Benefit by Wysh

By Shefi Ben-Hutta ·

Life Benefit is a life insurance product baked right into a deposit account.

Member News

The Risk Management Puzzle with Kevin Yascur, Risk Manager at Soben

By John Fohr ·

Unraveling Risk Management: Gain insights from Kevin Yascur, Soben's Risk Manager, as he navigates the intricate puzzle of effective risk mitigation.

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Featured Jobs

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American Family Insurance

AVP, P&C Climate Risk and Exposure Analytics

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Production Underwriting Specialist

Great American Insurance Group

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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