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In Good Time partnered with Corebridge Financial In Good Time partnered with American-Amicable In Good Time partnered with Occidental Life Insurance 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 CBIZ picks Ennabl in Admin Zopper raised $25M Abacus Life raised $100M bolttech raised $50M QBE North America picks Federato in Underwriting

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

F&M Bank selects BUNDLE by Insuritas to launch its insurance agency

By Gabriella Ben-Hutta ·

F&M Bank’s insurance agency is scheduled to launch this fall.

Investments

HELIXintel announces Series A funding round

By Avi Ben-Hutta ·

Munich Re Ventures participated in the round.

Business

Kin launches in Alabama

By Avi Ben-Hutta ·

Alabama joins South Carolina and Mississippi as the first states where Kin is offering coverage through its reciprocal exchange.

Marketing

Petco partners with Snoop Dogg

By Coverager ·

Last year, Petco and Nationwide announced plans for a multi-year partnership to co-develop integrated and affordable pet health, wellness and protection solutions.

Business

Nationwide implements new requirements for obtaining coverage

By Avi Ben-Hutta ·

The insurer announced specific business actions it is taking to mitigate risk.

Financials

Luko looks to settle €45 million in debt

By Avi Ben-Hutta ·

Luko submitted the filing following the two acquisitions it made in 2022.

Investments

Driver Technologies raises $6 million

By Avi Ben-Hutta ·

The startup offers an app that turns smartphones into dash cams.

Business

Admiral Seguros and ING launch digital bancassurance partnership

By Avi Ben-Hutta ·

Last year, ING signed a long-term strategic agreement with Admiral for the distribution of motor insurance products across Spain.

Investments

Life5 raises €10 million

By Avi Ben-Hutta ·

Life5 promises a fully digital experience for the different life insurance products it offers.

Investments

QuickFacts raises $1.13 million

By Gabriella Ben-Hutta ·

QuickFacts aggregates insurance carrier underwriting information for brokerages into a single searchable database that compares carrier information.

Opinion

From GEICO Direct to Next Connect

By Shefi Ben-Hutta ·

Steve Hauck will be joining me in real life next week at the McDermott’s InsurTech Summit 2023 to pick up where we last left off.

Business

SCOR announces the passing of chairman Denis Kessler

By Avi Ben-Hutta ·

Denis Kessler passed today at the age of 71.

Business

Forbes acquires Jenny Life

By Shefi Ben-Hutta ·

Founded in 2017, Jenny raised $3.8 million in its final funding round in 2021.

Business

Layoffs at Branch

By Shefi Ben-Hutta ·

Founded in 2017 and live since 2019, Branch is a personal lines insurer.

Marketing

Lionel Richie becomes an Acrisure brand ambassador

By Coverager ·

Richie will engage with broadcast and social media to raise awareness and "generate excitement" as Acrisure expands its direct-to-consumer offerings.

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Member News

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 ·

The Evolving Landscape of Construction Risk Management with Rob McDonough of Marsh

By John Fohr, TrustLayer ·

Is Your Distribution Network Built to Scale?

By AgentSync, AgentSync ·

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