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Accelerant partnered with WoodStar Reciprocal Exchange AmTrust Financial partnered with Samsung Electronics Great American Insurance Group partnered with Coefficient Underwriters Marsh partnered with Allianz Commercial Kinro.ai partnered with ERGO Next Insurance PolicyStreet raised $5M Novacore picks FurtherAI in Underwriting Aegon picks InfiniteWatch in Customer Service Allstate picks IBM in Underwriting Crestwell Underwriters picks Convr in Underwriting PEMCO picks Moen in Risk Mitigation Adaptive Insurance raised $5M Data Science Wizards raised $5M Wefox raised $7.97M SageSure raised $460M

Curql invests in Wagmo

By Shefi Ben-Hutta

Financial terms were not disclosed.

Business

Amynta Group to acquire Sutton Special Risk

By Coverager ·

Sutton offers a broad range of accident and health coverages.

Financials

Hamilton reports 2023 third quarter results

By Avi Ben-Hutta ·

Gross premiums written in Q3 increased by $73.3 million.

Innovation

Nearmap to acquire property intelligence platform Betterview

By Shefi Ben-Hutta ·

Founded in 2015, Betterview has raised $15.5 million from several investors.

Technology

Overhaul introduces Intelligent Door Seal

By Coverager ·

Users will be immediately notified when a trailer door is opened.

Business

Experian acquires Wave HDC

By Shefi Ben-Hutta ·

The news comes two years after Experian acquired P&C insurance company, Gabi.

Investments

Foretellix raises $85 million

By Avi Ben-Hutta ·

Nationwide participated in the round.

Business

Chubb and NetSPI launch cyber protection partnership

By Avi Ben-Hutta ·

Chubb business policyholders in the US and Canada can take advantage of NetSPI's full portfolio of proactive security solutions.

Investments

Enveedo raises $3.15 million

By Avi Ben-Hutta ·

Enveedo is a cybersecurity startup.

Investments

Mine raises $30 million

By Avi Ben-Hutta ·

MassMutual and Nationwide participated in the round.

Business

CB Financial sells insurance unit to World Insurance

By Avi Ben-Hutta ·

The transaction is subject to customary closing conditions.

Business

Flock partners with NIG

By Avi Ben-Hutta ·

The companies will collaborate on a digital, data-driven approach to motor fleet insurance.

Marketing

Nationwide and NFL announce multiyear partnership renewal

By Coverager ·

Nationwide has been a league partner since 2014.

Business

Confie acquires Acceptance Insurance

By Coverager ·

Acceptance Insurance operates more than 288 retail locations in 13 states.

Business

Duuo launches first event insurance API

By Coverager ·

This partnership will provide Canadians with the opportunity to book recreational facilities and secure event insurance coverage all within the Univerus Rec platform.

Investments

Igloo raises $36 million

By Avi Ben-Hutta ·

The new funding will go towards both horizontal and vertical M&A opportunities and increasing the workforce.

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Member News

Dearborn Labs Announces Launchpad, an AI Insurance Accelerator That Funds and Builds AI Infrastructure for MGAs

By Alec Martins, Clearcover ·

Regulators Don’t Want an AI Policy. They Want Receipts.

By Yo Sub Kwon, Voltaire ·

3 technology must-haves to build distribution velocity

By Vertafore ·

HomeBinder, InspectionGo's Homeownership Solution, Launches Home Insurance Shopping

By Mary Clare Riordan, Bindable ·

Applied Announces Submissionless Commercial Insurance Experience with Travelers as First Anchor Carrier Partner

By Michael Streit, Applied Systems ·

Vertafore introduces Velocity AI Submission Processing Agent to help MGAs move from submission to decision faster

By Vertafore ·

Zywave Launches Zywave Apex™, the First Growth-Focused AI Platform Purpose-Built for Insurance Distribution

By Zywave ·

L+M Development Partners Goes Live with Five Sigma's AI-Native Claims Platform and Clive™

By Oded Barak, Five Sigma ·

Zywave CEO Martin Simoncic: Why Insurance Needs a Different Conversation around AI

By Zywave ·

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