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Descartes Underwriting picks NextPower in Risk Mitigation Petshop Science partnered with OUTsurance 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 USI Insurance Services partnered with CNA Insurance GuardianPointe picks ZestyAI in Underwriting Hagerty partnered with Barrett-Jackson Ameriprise Financial raised $750M Cleerly Mortgages picks Acre in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M

An 84-year reign came to an end, and more

By Shefi Ben-Hutta

May 2026 was a month of endings. An 84-year reign. A California market that keeps getting smaller. A workforce reduction attributed, plainly, to AI.

Business

GM Insurance launches in Oklahoma

By Coverager ·

The company is now available in 14 states.

Member News

Medicare Open Enrollment Season: Best Practices for Carriers, Agencies, and MGAs/MGUs

By AgentSync ·

No two Medicare open enrollment seasons will be the same, and you have to prepare to meet the market where it’s at in any given year.

Business

Farmers appoints Ankur Chaturvedi as East Territory President

By Coverager ·

He will report to Ken Walton, President of Distribution and Chief Revenue Officer at Farmers.

Marketing

Progressive named presenting sponsor of Rangers Sports Network

By Coverager ·

The network will kick off the regular season with a one-hour pregame show on March 27.

Investments

MassMutual backs VIA in $28 million series B

By Coverager ·

The company enables secure, real-time data sharing without centralized systems.

Investments

PruVen Capital backs Gradial

By Shefi Ben-Hutta ·

Gradial offers AI agents to help marketing operations teams increase productivity.

Investments

Reask raises $4 million from BlueOrchard’s InsuResilience Fund

By Coverager ·

The investment will help Reask expand into broader catastrophe risk modeling.

Product

Zurich Italy launches life insurance that requires 5 questions to activate

By Coverager ·

There's no need for medical exams or supporting documents.

Strategy

Allianz Malaysia launches ‘SheSecures’

By Coverager ·

The goal is to build a diverse pipeline of female leaders and promote greater inclusivity across the industry.

Investments

Hyundai Motor Group to invest $21 billion in US expansion

By Shefi Ben-Hutta ·

The investment spans manufacturing, supply chain, future tech, and energy infrastructure.

Investments

Faraday Future raises $41 million

By Shefi Ben-Hutta ·

Faraday Future is a California-based electric vehicle company.

Marketing

CoreLogic rebrands as Cotality

By Coverager ·

Alongside the new Cotality name sits the tagline: Intelligence beyond bounds.

Technology

Clearspeed partners with 1st Central

By Coverager ·

1st Central is a car insurance broker.

Business

23andMe files for Chapter 11

By Shefi Ben-Hutta ·

The company will continue operating during the proceedings and has secured $35 million in DIP financing from JMB Capital Partners.

Business

Ryanair launches new subscription product

By Avi Ben-Hutta ·

The subscription includes free travel insurance.

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Member News

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 ·

Producerflow Launches Partner Portal to Modernize Carrier Collaboration with Distribution Partners

By Ido Deutsch, Producerflow ·

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