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Petshop Science partnered with OUTsurance Merit Financial Advisors partnered with Prizm Insurance BMO Insurance partnered with GreenShield Tugboat raised $3M Pints AI raised $5.6M BMO Insurance picks Walnut Insurance in Sales Farm Bureau Mutual Insurance Company of Idaho picks LenderDock in Admin 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 Ameriprise Financial raised $750M Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M

Pints AI raises $5.6 million for auditable AI

By Shefi Ben-Hutta

Pints' technology has been deployed in underwriting, claims, onboarding, and credit decisioning.

Business

Marsh McLennan Agency acquires Olympic Insurance Agency

By Shefi Ben-Hutta ·

Olympic will continue operating under its current leadership and location as part of MMA’s West region.

Business

Marsh Japan to acquire Mitsubishi Electric Insurance Service

By Shefi Ben-Hutta ·

MEIS offers a range of commercial insurance products.

Financials

LendingTree posts Q2 results

By Shefi Ben-Hutta ·

Carrier demand for homeowners' insurance customers has increased significantly.

Product

Apex Star and Stand prepare Florida takeout homeowners programs

By Shefi Ben-Hutta ·

Starting in December.

Strategy

IPG appoints Gary Levenbach as President and Chief Actuary of IAIC

By Shefi Ben-Hutta ·

IAIC is a specialized underwriter focused on pet insurance.

Financials

Kansas City Life posts $28 million Q2 loss

By Shefi Ben-Hutta ·

Loss driven by a $35.5 million legal settlement accrual related to class action lawsuits.

Strategy

CSAA appoints Bradley Lontz as EVP and CIO

By Shefi Ben-Hutta ·

Lontz most recently served as CIO at CopperPoint Insurance.

Business

Hagerty adds senior executives to advance insurance growth strategy

By Shefi Ben-Hutta ·

The news follows Hagerty’s signing of a non-binding letter of intent with Markel for a new fronting arrangement.

Technology

AXA and UK universities partner to build AI insurance framework

By Coverager ·

The partnership will develop audit tools to evaluate AI systems on metrics like accuracy, bias, and privacy.

Technology

Aviva deepens partnership with hyperexponential

By Coverager ·

The collaboration builds on Aviva’s broader adoption of hx Renew.

Strategy

Arch names new CIO

By Shefi Ben-Hutta ·

David Maher is based in London.

Technology

Experian backs Resistant AI

By Shefi Ben-Hutta ·

The company has raised $30 million to date.

Investments

Chloris Geospatial raises $8.5 million

By Shefi Ben-Hutta ·

The company is also opening a European hub to support regional growth.

Business

AXA announces the acquisition of Prima

By Coverager ·

AXA will acquire 51% of the company for a consideration of €500 million.

Investments

Occupi raises $3 million

By Shefi Ben-Hutta ·

Assurant Ventures participated in the round.

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