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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.

Product

Pacific Life introduces new disability insurance products

By Gabriella Ben-Hutta ·

Pacific Life’s Workforce Benefits business announced the addition of two new disability insurance products to its portfolio.

Business

USAA donates $1M to support recovery in aftermath of Hurricane Helene

By Gabriella Ben-Hutta ·

Three national nonprofits will receive grants to assist in recovery efforts, including American Red Cross, Team Rubicon and Feeding America.

Member News

Kyber Achieves SOC 2 Type 1 Certification, Strengthening Data Security Commitment

By Sav Gadoo ·

For an insurance-focused platform like Kyber, achieving SOC 2 Type 1 certification is more than a badge of honor—it's a critical step in demonstrating our adherence to industry regulations and our commitment to safeguarding sensitive data.

Business

Lockton Australia launches Lockton Pulse

By Avi Ben-Hutta ·

The platform is powered by Kanopi.

Business

Everest sells certain assets to Ryan Specialty

By Coverager ·

Everest is selling EverSports and Entertainment Insurance.

Business

Counterpart adds General Liability coverage

By Coverager ·

This new offering provides small businesses access to expanded coverage through Counterpart’s network of wholesale broker partners.

Business

New York Life furthers AI & data innovation with two senior hires

By Coverager ·

Both will report to Don Vu.

Business

RVU partners with Reassured

By Gabriella Ben-Hutta ·

Reassured is a life insurance broker.

Product

AM Specialty launhces new pet insurance solution

By Coverager ·

The product will be distributed through Swain & Baldwin’s network of retail agents and made available directly to consumers.

Business

Hippo expands home builder access

By Coverager ·

Hippo also announced Perry Homes and Van Daele have joined the Hippo New Homes Program.

Product

The first sensor-triggered earthquake coverage in the US

By Shefi Ben-Hutta ·

The deal, brokered by Alliant with additional support from Munich Re, aims to improve UC’s earthquake preparedness and resilience.

Technology

SCOR launches SCOR Digital Solutions

By Coverager ·

The platform aims to streamline access to underwriting and claims services.

Investments

Apple pulls back from supporting OpenAI

By Shefi Ben-Hutta ·

OpenAI has raised $6.6 billion in new funding.

Business

Brown & Brown announces senior leadership team appointments

By Gabriella Ben-Hutta ·

The company announced the appointment of Mike Neal and Mark Abate.

Investments

Whatfix raises $125 million

By Shefi Ben-Hutta ·

Funding round led by Warburg Pincus with participation from SoftBank Vision Fund 2.

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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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