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Foyer Group picks Tractable in Claims Zurich Australia partnered with Crop Risk Underwriting Ventis Insurance partnered with Bravo Networks USI Insurance Services partnered with CNA Insurance GuardianPointe picks ZestyAI in Underwriting Hagerty partnered with Barrett-Jackson ING Group partnered with bolttech Ameriprise Financial raised $750M Cleerly Mortgages picks Acre in Admin Leavitt Group picks FurtherAI in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M KOBAN SÜDVERS picks CyberCube in Risk Mitigation Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M

An 84-year reign came to an end, and more

By Shefi Ben-Hutta

May 2026 was a month of endings. An 84-year reign. A California market that keeps getting smaller. A workforce reduction attributed, plainly, to AI.

Business

Hagerty reduces workforce

By Coverager ·

Hagerty expects to realize a non-recurring charge of approximately $11 million.

Member News

Five Sigma Launches New Resilience Dashboards Package to Help P&C Insurers Battle Economic Downturn

By Oded Barak ·

The resilience package provides insurers with a deep dive into claims data, to improve time to resolution, control indemnity expenses and reduce claims leakage.

Technology

CerebrumX to use connected vehicle data from Ford in its UBI services

By Coverager ·

The UBI-as-a-Service model bundles automotive data, scores, and insights.

Business

Kyte expands car subscription service

By Avi Ben-Hutta ·

Originally, the subscription service was limited to Tesla vehicles.

Business

Motive partners with Progressive

By Avi Ben-Hutta ·

Motive offers fleet management solutions.

Business

Warburg Pincus to acquire K2 Insurance Services

By Avi Ben-Hutta ·

K2 has a diversified portfolio of 24 specialized programs across four key segments.

Strategy

AXA Commercial introduces new operating model

By Coverager ·

Brokers can place SME policies online using self-service options or by using AXA's team of underwriters.

Investments

MACIF backs mobility brand beti

By Coverager ·

Beti is a subsidiary of Bertolami, a company operating in the space of passenger transport and travel.

Member News

Counterpart Launches Aspen-Backed Miscellaneous Professional Product to Management Liability Suite

By Counterpart ·

As the professional services sector has continued to grow, so, too, have the risks that small business owners face.

Member News

Reask appoints David Schmid as Head of Parametric Products to expand its global parametric insurance product offering

By Nick Hassam ·

Reask, a leading science and technology company focusing on the financial impacts of extreme weather, appoints David Schmid as Head of Parametric Products to build out all aspects of its global parametric insurance product offering

Technology

Wejo expands work with Ford

By Shefi Ben-Hutta ·

Wejo expands work with Ford to offer end-to-end insurance solutions in the US.

Business

Mary Beth Eckert hired as Chief Information and Digital Officer of Pacific Life

By Gabriella Ben-Hutta ·

Eckert joins Pacific Life from USAA.

Member News

Obie Partners With Flock To Bring Institutional, Cost-Efficient Solutions to Retiring Landlords

By Aaron Letzeiser ·

Obie is excited to announce a new partnership with Flock, a tech-enabled real estate platform offering the retirement solution for landlords.

Member News

How the Oklahoma Challenge is empowering teens to fight distraction — on their terms

By Cambridge Mobile Telematics ·

In Oklahoma, crashes were surging and thousands of children were dying from distracted driving. In 2014, nearly 13,000 teen drivers aged 15-19 were involved in car crashes. In 2015, that...

Business

Zolve partners with Fletch

By Avi Ben-Hutta ·

Last year, Zolve closed a $40 million Series A round.

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Featured Jobs

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Allstate

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Member News

ITC Infotech and InsureMO Partner to Bring AI-Driven Insurance Modernisation to Middle East, Africa, and India

By InsureMO, InsureMO ·

Buying Claims AI Is the Easy Part. This is How Two Claims Organizations are Making It Stick.

By Yo Sub Kwon, Voltaire ·

Zywave Announces 2026 Cyber Risk Award Winners

By Zywave ·

What Happens When Insurance Carrier Experts Retire?

By Vertafore ·

What 6,000 Insurance Leaders Were Actually Whispering About at Insurtech Insights USA

By Justin Jaksha, ePayPolicy ·

10 Cheapest Home Insurance Companies in Florida

By Melanie Musson, Clearsurance ·

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 ·

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