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TCP Insurance partnered with Sensible Weather Southern Cross Travel Insurance partnered with Blink Parametric Agentero partnered with Berkshire Hathaway GUARD FM partnered with PURE Insurance PEMCO picks Moen in Risk Mitigation RateQuote partnered with Benepicks Ember Mutuals picks Kyber in Claims Kinetic Insurance Services picks Quotech in Underwriting Stand Insurance Solutions picks Moen in Risk Mitigation USAA picks Zinnia in Admin Adaptive Insurance raised $5M Data Science Wizards raised $5M Wefox raised $7.97M SageSure raised $460M Great-West Lifeco raised $569.61M

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

Orion180 approved to enter Florida homeowners and wind market

By Coverager ·

Orion180 expects to launch a wind-only product for residential properties in Florida toward the end of 2023.

Business

Texas Mutual gives a name to new healthcare subsidiary

By Avi Ben-Hutta ·

In 2022, Texas Mutual's board approved the formation of a healthcare subsidiary.

Business

AXIS launches North American Inland Marine unit

By Coverager ·

The new unit will be led by Kristen Hunter.

Business

Goosehead introduces its Agency Launch Program

By Avi Ben-Hutta ·

The Agency Launch Program is designed to give agents a head start at operating their own Goosehead Insurance agency.

Business

Uber raises minimum age for most California drivers

By Avi Ben-Hutta ·

The new rule applies to drivers signing up to transport passengers.

Strategy

Prudential partners with LPL Financial

By Coverager ·

Prudential will move retail brokerage and investment advisory assets from Prudential Advisors’ current third-party custodian to LPL Financial.

Investments

Pet insurance company Wagmo raises $9 million

By Coverager ·

This funding raises their total to $24.5 million.

Member News

Ascend Recognized as a “Top 50 Most Promising Insurtech Startup” by CB Insights

By Andrew Wynn ·

San Francisco, CA – August 24, 2023 – Ascend, the leading financial operations automation platform, proudly announced is inclusion in CB Insights’ distinguished 2023 Insurtech 50 list. As one of...

Technology

Duck Creek expands to the Indian market

By Coverager ·

The company’s Indian subsidiary signs its first full-suite customer partnership in the region with HDFC ERGO.

Business

Flexport launches trade credit insurance

By Avi Ben-Hutta ·

The product is available for US-based clients.

Business

Nationwide partners with Teledyne FLIR and PrevTech

By Avi Ben-Hutta ·

Nationwide’s agriculture customers can benefit from exclusive preferred pricing with these new partners.

Business

Manulife launches personalized medicine program

By Avi Ben-Hutta ·

The program has been in a pilot stage with select Manulife Group Benefits members.

Financials

Mortgage startup Better announces closing of business combination

By Avi Ben-Hutta ·

The business combination with Aurora unlocks approximately $565 million of new capital.

Financials

Employers downsizing Reno office

By Shefi Ben-Hutta ·

Highlights of Employers' Q2'23 earnings call.

Business

Sunrise partners with Chubb

By Avi Ben-Hutta ·

The company's latest addition, Flex Upgrade, includes an insurance offering by Chubb.

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Member News

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 ·

Kyber Selected as a PropertyCasualty360 2026 Insurance Luminaries Winner

By Kyber, Kyber ·

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