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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 Crestwell Underwriters picks Convr in Underwriting PEMCO picks Moen in Risk Mitigation Ember Mutuals picks Kyber in Claims Kinetic Insurance Services picks Quotech in Underwriting Stand Insurance Solutions picks Moen in Risk Mitigation Adaptive Insurance raised $5M Data Science Wizards raised $5M Wefox raised $7.97M SageSure raised $460M

Farmers introduces simpler coverage tools and refreshed brand

By Shefi Ben-Hutta

Coverager first reported on Farmers Coverage on a Page in May, following the insurer’s trademark application for the offering.

Business

Arch Capital to acquire RMIC Companies

By Coverager ·

The transaction is subject to regulatory approval.

Financials

Selective nears $4 billion in annual premiums

By Shefi Ben-Hutta ·

Selective is working to enhance its homeowners' insurance performance by updating terms and conditions.

Financials

SelectQuote reports Q1’24 results

By Shefi Ben-Hutta ·

SelectQuote is not just a Medicare Advantage distribution company.

Investments

Era raises $3.1 million

By Avi Ben-Hutta ·

The startup leverages artificial intelligence and human advisors to personalize wealth management advice.

Business

Foresight partners with QBE North America

By Avi Ben-Hutta ·

Foresight will be able to write on select QBE entities' paper.

Business

Metromile to exit Virginia

By Avi Ben-Hutta ·

Metromile will also begin the process of not renewing policies.

Innovation

Servify expands portfolio by adding new product categories in India

By Coverager ·

Servify, having a global presence in various countries and collaborating with over 75 brands, is now extending into new Consumer Electronics and Home Appliance categories.

Strategy

James River announces exploration of strategic alternatives

By Coverager ·

James River has not set a timetable for completion of this process.

Product

Life insurance broker Reassured partners with Beagle Street

By Coverager ·

The insurer aims to provide a path to coverage even for individuals whose medical conditions preclude them from its own insurance offerings.

Opinion

Coverager’s Week in Review: On Layoffs and Leaders

By Coverager ·

The insurance industry has shifted focus from innovation hubs to embedded insurance hubs

Investments

Diesta raises €1.8 million

By Avi Ben-Hutta ·

Diesta has developed a software for insurance premium processing.

Innovation

Travel Insured announces partnership with Robin Assist

By Coverager ·

Robin Assist’s claims handling and service platform provides a variety of emergency and concierge capabilities.

Investments

Finkargo raises $20 million

By Avi Ben-Hutta ·

The new funds will strengthen the company's growth in Mexico.

Product

Zurich Australia announces new RentCover underwriting agreement

By Coverager ·

Existing RentCover policyholders will have their policy underwritten by Zurich at renewal.

Business

Better launches mortgage-as-a-service platform

By Avi Ben-Hutta ·

The company partnered with Infosys to launch the platform.

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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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