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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

Goldman Sachs Asset Management to acquire DOXA Insurance

By Avi Ben-Hutta ·

The investment will help fuel DOXA's ongoing acquisition strategy.

Investments

Goodvest raises €10 million

By Avi Ben-Hutta ·

The startup has attracted over 5k customers.

Innovation

Waze introduces crash history alerts

By Avi Ben-Hutta ·

The new feature combines historical crash data.

Innovation

Square One teams up with Zurich Canada to offer personal auto insurance

By Coverager ·

For the customer, this partnership combines the seamless, digital-first purchasing environment of Square One with Zurich Canada’s claims service experience.

Product

Mutual of Omaha and Wellcare to offer co-branded Medicare plans

By Coverager ·

Mutual of Omaha is the nation’s second-largest provider of Medicare Supplement plans.

Investments

May Mobility raises $105 million

By Avi Ben-Hutta ·

State Farm Ventures participated in the round.

Financials

WeWork files for Chapter 11

By Avi Ben-Hutta ·

The bankruptcy filing is limited to WeWork’s locations in the US and Canada.

Business

Hiscox cuts 42 positions amidst reorganization

By Shefi Ben-Hutta ·

This amounts to a workforce reduction of around 10% in the US.

Investments

Radius Agent raises $13 million

By Avi Ben-Hutta ·

AXA Venture Partners led the round.

Business

Tint partners with RVI Group

By Avi Ben-Hutta ·

Tint will give its clients the option to transfer their risk to RVI Group.

Member News

Embroker Selects Ascend to Revolutionize the Insurance Industry Through Transformative Technology

By Andrew Wynn ·

San Francisco, CA – November 7, 2023 – Ascend, the leading provider of financial operations automation software to the insurance industry, is proud to announce its strategic partnership with Embroker,...

Investments

Flitter raises €3.5 million

By Avi Ben-Hutta ·

Flitter offers coverage in partnership with Wakam.

Innovation

Allstate introduces new app features

By Avi Ben-Hutta ·

The new version also includes several enhancements.

Business

Hadron launches with over $250 million in capital

By Avi Ben-Hutta ·

The company plans to offer capacity across all 50 US states and DC.

Financials

The Horton Group acquires Physician’s Armor Insurance Services

By Gabriella Ben-Hutta ·

PAIS insures physician practices in Florida, Georgia, Alabama, Tennessee, Mississippi, Texas, Oklahoma, Kentucky, Indiana, Illinois, and Michigan.

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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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