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Elpha Secure picks Ketch in Risk Mitigation eHealth partnered with Nexben Superscript picks KYNEKT in Claims USAA partnered with Trust & Will Wrisk partnered with Mazda Motor Europe K2 Insurance Services partnered with QBE North America Simply Business partnered with Allianz UK Sedgwick picks Octo Telematics in Claims Verisk picks Truepic in Claims Marsh picks Kirontech in Claims Fairfax Financial Holdings raised $750M Chubb raised $574.2M Brown & Brown raised $500M Honeycomb Insurance raised $40M Digit Insurance raised $10.45M

ICEYE raises over €1 billion at a valuation exceeding €10 billion

By Coverager

The company plans to increase annual satellite production from 50 units today to 100 by 2028.

Business

Layoffs at American Family

By Avi Ben-Hutta ·

The insurer would not provide the number of employees being impacted.

Business

Slide acquires renewal rights for 86k Farmers policies

By Avi Ben-Hutta ·

The news comes after Farmers announced in July that it is exiting the Florida market.

Financials

Progressive achieves 89.7% CR for September

By Avi Ben-Hutta ·

The insurer ended the month with a net income of $369 million.

Innovation

Manulife launches $1 million partnership with lending platform Kiva to help build better futures  

By Coverager ·

The initiative advances Manulife’s Impact Agenda, one of whose pillars is to support inclusive economic opportunity globally.

Technology

RT Specialty expands digital solutions for small commercial business with RT Connector

By Avi Ben-Hutta ·

RT Connector allows retail insurance agents to efficiently access multiple lines of coverage from multiple carriers for their E&S small commercial business.

Business

Ford Pro Insure launches in two more states

By Avi Ben-Hutta ·

The coverage is now available in five states.

Allianz to acquire Tua Assicurazioni

By Coverager ·

Tua Assicurazioni has a profitable property and casualty insurance portfolio.

Investments

Vellum raises $7 million

By Avi Ben-Hutta ·

Vellum provides data and analytics solutions for the insurance and reinsurance industry.

Business

Castlelake and Fidelis MGU create aviation MGA

By Coverager ·

Itasca MGA's primary role will be to oversee and manage risks related to secured commercial aviation financing for both Fidelis MGU Group and Itasca Re Limited, an insurance company created by Castlelake.

Business

Wefox isn’t renewing certain policies

By Avi Ben-Hutta ·

The startup notified policyholders about this decision via email.

Business

New York Life hires Don Vu as chief data and analytics officer

By Coverager ·

Vu joins New York Life from Northwestern Mutual.

Investments

MiTrust announces new funding

By Avi Ben-Hutta ·

Open CNP participated in the round.

Member News

Discovery Insure | Vitality Drive, Cambridge Mobile Telematics, and Creating a World of Safe Drivers at InsurTech Connect

By Cambridge Mobile Telematics ·

Keynote to cover how auto insurers can drive a profound societal shift towards a safer world Cambridge, MA, October 12, 2023 — Francois Theron, Deputy CEO of Discovery Insure, and...

Product

SageSure enhances Expanded Markets to bring more capacity to coastal states

By Coverager ·

The Expanded Markets program offers a range of insurance solutions to reach more customers.

Business

Navacord adds Unity Managing Underwriters

By Coverager ·

This move underscores Navacord’s ongoing commitment to enhancing their expertise and presence in the MGA space.

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Featured Jobs

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USAA

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Member News

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 ·

Why Cyber Insurance's "Fire Sale" Won't Last

By Zywave ·

Shadow Accounting in Insurance Compensation

By Vertafore ·

Sircon Compensation recognized for helping carriers turn agent compensation into a competitive advantage

By Vertafore ·

How Carriers Can Help AI Pilots Take Off

By Vertafore ·

Vertafore earns fourth consecutive Excellence in Customer Service Award

By Vertafore ·

The Last Mile of Claims: Why Correspondence is Structurally Harder Than Summarization

By Yo Sub Kwon, Voltaire ·

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