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Cuvva picks Quantee in Pricing In Good Time partnered with Corebridge Financial In Good Time partnered with American-Amicable In Good Time partnered with Occidental Life Insurance Kingstone Insurance picks Earnix in Pricing 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 Zopper raised $25M Abacus Life raised $100M bolttech raised $50M

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

Doma goes through another round of layoffs

By Avi Ben-Hutta ·

This is the third round of layoffs at Doma.

Business

Cover Whale expands capabilities to include insurance for intermodal trucking carriers

By Gabriella Ben-Hutta ·

Policyholders now can be covered for liability and trailer interchange related to intermodal equipment.

Business

Plaid lays off 20% of staff

By Avi Ben-Hutta ·

About 260 employees were let go.

Strategy

Robinhood enters retirement space

By Avi Ben-Hutta ·

Robinhood will pay a 1% match on contributions customers make to their retirement accounts.

Investments

Odie Pet Insurance raises $3 million

By Coverager ·

The round was led by RedBird Capital Partners.

Investments

Travelers backs MoveEasy

By Coverager ·

MoveEasy is an integrated white labeled home management platform.

Business

NRG Energy to acquire Vivint for $2.8 billion

By Avi Ben-Hutta ·

Last year, we reported that Vivint is looking to establish an MGA and develop specific homeowner coverages for customers.

Member News

Low-Code and No-Code Solutions for Insurance (and Other) Businesses

By AgentSync ·

Low- and no-code software is becoming a must-have for insurance businesses that recognize the need for adaptability and speed on an ongoing basis.

Member News

2022 Tech Survey Results: How Carriers and MGAs Address New Challenges

By Janice Merkley ·

The insurance industry is undergoing massive transformation, fueled by rapidly changing customer expectations, and accelerated technological innovation. And while many carriers and MGAs see the need to keep up with...

Investments

Get Covered raises $6 million

By Avi Ben-Hutta ·

Get Covered currently operates in 48 states.

Strategy

The Hanover introduces The Hanover Small Business Digital Exchange Gateway

By Coverager ·

The company plans to expand the Small Business Gateway to include additional product lines.

Investments

Carputty raises $12.3 million

By Avi Ben-Hutta ·

The startup has attracted over 14k members since launching.

Member News

Coterie Insurance Leverages Weather Data from Opterrix to Make Real-Time Catastrophe Underwriting a Reality

By Katherine Jones ·

Days before Hurricane Ian made landfall in late September, Coterie worked with Opterrix to leverage real-time emerging data about impacted property in the projected hurricane path.

Business

Next Insurance announces first chief insurance officer

By Coverager ·

Rhodes joins Next with twenty years of property and casualty insurance experience.

Business

Simply Business partners with Appalachian Underwriters

By Coverager ·

Appalachian Underwriters currently works with 30,000 insurance agencies and over 110,000 individually appointed agents.

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Member News

6 Variations on Producer Licensing for Travel Lines

By AgentSync, AgentSync ·

A Cornucopia of Agentic AI Agents: Revolutionizing Industries One Task at a Time

By Robin Roberson, Agentech ·

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 ·

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