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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

HDI Global launches US Inland Marine unit

By Coverager ·

The new unit will be led by Rebecca Molosky.

Business

Munich Re North America Life launches longevity reinsurance solution to US and Canada markets

By Coverager ·

Clients can pass on longevity risk by converting uncertain future pension or annuity payments into a fixed cash flow stream, locking in mortality assumptions and a fee at inception.

Investments

Legal & General announces sale of CALA Group

By Coverager ·

The consideration for the sale will result in cash proceeds of £1.16 billion.

Investments

BlackCloak raises $17 million

By Avi Ben-Hutta ·

BlackCloak is a cybersecurity company for executives, high-net worth individuals, and family offices.

Business

Cowbell expands underwriting capacity

By Coverager ·

Middle-market businesses will now be able to secure $5 million in primary and excess limits on Cowbell’s Prime 250 cyber and Prime Tech E&O products.

Technology

REVO Insurance, Accudire, and Assilog complete europe’s first blockchain-backed insured shipment

By Coverager ·

Luxury eyewear company Ormesani Srl also participated in the transaction.

Strategy

RAC celebrates 50 tears of DAFaid and a 32-year partnership milestone

By Coverager ·

DAFaid has been working with the RAC since 1992.

Marketing

Bunker launches new brand

By Coverager ·

Founded in 2015, Bunker focuses on business insurance solutions and compliance monitoring for small businesses.

Innovation

MassMutual discontinues LifeScore Labs

By Shefi Ben-Hutta ·

The flagship product, LifeScore360, was a comprehensive mortality risk score offering detailed visualizations of contributing factors and suggested ranges for each risk class.

Financials

SelectQuote’s Q4 2024: Revenue soars 39%, but growth faces new challenges in 2025

By Shefi Ben-Hutta ·

The company is scaling back the Auto & Home business.

Strategy

Newline Group expands UK operations with new office in Manchester

By Coverager ·

This is Newline's second regional office in the UK.

Business

Vouch partners with Vanta

By Avi Ben-Hutta ·

Vanta is used by over 8k companies from 58 countries.

Business

Arachas Group buys M & H Insurance Agency

By Coverager ·

M & H Insurance Agency will keep its brand name and will be integrated into Árachas Group.

Innovation

Swiss Re selects Mea’s GenAI solution

By Coverager ·

The expanded contract will see mea’s generative artificial intelligence technology applied to process complex data formats.

Investments

Hotel Engine raises $140 million

By Avi Ben-Hutta ·

Hotel Engine's network includes more than 750k hotels, 300 airlines and 40 rental car companies.

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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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