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Week in Review — June 15–18, 2026

By Shefi Ben-Hutta

More than a century after GMAC was created to finance car buyers, the AmTrust lineage is acquiring a modern business built around the same idea.

Investments

Savvy Wealth raises $72 million

By Coverager ·

Savvy will use the funding to accelerate its core technology offering.

Business

Chariot Re launches

By Coverager ·

The company is co-sponsored by MetLife and General Atlantic.

Innovation

Travelers launches landmark preservation initiative

By Coverager ·

Travelers will award $1 million in grants to support preservation projects in California, Connecticut, Louisiana, and Minnesota—four states facing heightened climate risks.

Business

ReSource Pro acquires Propellint

By Gabriella Ben-Hutta ·

Propellint is a systems integrator and business services provider specializing in technology solutions for the P&C industry.

Product

McGill and Partners launches cyber coverage for battery storage sector

By Shefi Ben-Hutta ·

Backed by certain Lloyd’s underwriters.

Business

AXA sells investment management unit to BNP Paribas for €5.4B

By Shefi Ben-Hutta ·

The deal creates a €1.5 trillion European asset management platform.

Strategy

LevelBlue to acquire Trustwave

By Shefi Ben-Hutta ·

The acquisition builds on LevelBlue’s recently announced agreement to acquire Aon’s cybersecurity consulting units.

Business

Aviva secures £249M buy-in for Molins UK Pension Fund

By Coverager ·

The sponsoring employer is Mpac Group PLC.

Business

Bishop Street Underwriters acquires Aerospace Insurance Managers

By Coverager ·

This acquisition marks Bishop Street’s entry into the aviation insurance market.

Business

ERGO finalizes acquisition of Next Insurance

By Coverager ·

All conditions required for the closing of the transaction have been satisfied by the companies according to schedule.

Investments

Neace Ventures invests in Afore Insurance

By Coverager ·

The firm aims to become a leading national insurance distribution platform.

Member News

Cambridge Mobile Telematics Crosses 1 Million Drivers in Japan

By Cambridge Mobile Telematics ·

Telematics adoption grows as drivers turn to data-driven safety and savings July 1, 2025, Tokyo, Japan — Cambridge Mobile Telematics (CMT), the world’s largest telematics provider, announced today that it...

Business

Allianz Commercial partners with Hydor

By Gabriella Ben-Hutta ·

Allianz Commercial appoints Hydor as MGA for Marine Liability insurance in Asia Pacific.

Product

Great American introduces Contactors ProProtect

By Gabriella Ben-Hutta ·

Great American Environmental announces new program and quoting tool for Professional Liability and Contractor Pollution Liability for small business contractors.

Investments

Accelerant files for IPO

By Avi Ben-Hutta ·

Accelerant operates a risk exchange that connects underwriters with capacity providers.

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Featured Jobs

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Member News

The Adjuster Shortage Is Turning Claims AI Into an Operating Necessity

By Yo Sub Kwon, Voltaire ·

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 ·

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