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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.

Financials

Direct Line returns to profit

By Shefi Ben-Hutta ·

The company is confident in achieving at least £100 million in gross cost savings by the end of 2025.

Business

RentRedi partners with Steadily

By Coverager ·

landlords have a Member Perks program where they have access to "affordable landlord insurance services" through Steadily.

Business

Sompo launches marine insurance proposition across UK

By Coverager ·

Marine Cargo UK provides coverage on an all-risks basis.

Technology

Tower and CelsiusPro launch parametric cyclone coverage

By Shefi Ben-Hutta ·

The product provides rapid cash payouts to policyholders when a high-wind tropical cyclone impacts their insured properties.

Investments

Wrapbook valued at $750 million

By Avi Ben-Hutta ·

In November 2021, Wrapbook was valued at $1 billion after closing a $100 million Series B round.

Member News

HawkSoft Welcomes Rhodian Group to Solution Partner Program

By HawkSoft ·

Rhodian delivers accessible, reliable, and secure managed IT environments to agencies. Rhodian Group, one of the leading providers of managed IT and cybersecurity services to the independent insurance industry –...

Investments

Mesa raises $9.2 million

By Avi Ben-Hutta ·

Assurant Ventures participated in the round.

Business

Orion180 brings homeowners insurance offerings to North Carolina

By Coverager ·

North Carolina homeowners policies are available through Orion180’s admitted insurer.

Business

Xceedance acquires Millennium Information Services

By Shefi Ben-Hutta ·

Millennium conducts over 1 million property inspections annually for more than 80 carriers and MGAs.

Business

Envelop launches Envelop Risk Solutions

By Gabriella Ben-Hutta ·

Envelop Co-founder Paul Guthrie will lead the business area on an interim basis.

Business

EvolutionIQ becomes CALI’s first Life Partner

By Gabriella Ben-Hutta ·

EvolutionIQ joins CALI’s corporate partner program, which seeks to connect life insurers with companies that can help drive the sector forward.

Business

Falcon Risk Services partners with Cogitate

By Gabriella Ben-Hutta ·

Falcon Risk Services has gone live on both Cogitate’s DigitalEdge Policy and DigitalEdge Claims solutions.

Investments

Geolava raises pre-seed funding

By Shefi Ben-Hutta ·

Geolava is a property insights platform.

Innovation

Howden launches the Resilience Laboratory

By Coverager ·

The platform leverages Microsoft’s technology to offer data-driven solutions for hurdles related to climate change.

Business

SURE and SageSure debut commercial product for California business owners

By Coverager ·

The program accommodates more than 400 business classes across eight industries.

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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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