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Cuvva picks Quantee in Pricing In Good Time partnered with Corebridge Financial In Good Time partnered with American-Amicable In Good Time partnered with Occidental Life Insurance Kingstone Insurance picks Earnix in Pricing Orchard Insurance partnered with Credible Insurance Mitsui Sumitomo Insurance partnered with Coalition Poncho raised $617.43K Canara HSBC Life Insurance picks Amazon Web Services in Underwriting Hanwha Life uses Digital Technology in Customer Service Virtus picks Indio Technologies in Sales Fairfax Financial Holdings raised $501.09M Zopper raised $25M Abacus Life raised $100M bolttech raised $50M

Direct Line rejects £3.3 billion bid from Aviva

By Avi Ben-Hutta

Direct Line confirmed it received the unsolicited and conditional offer on November 19.

Product

Otonomi launches air cargo delay insurance

By Coverager ·

This product offers coverage for freight delays of 3 hours.

Strategy

Sanlam acquires 60% stake in MultiChoice’s insurance business

By Gabriella Ben-Hutta ·

This partnership leverages Sanlam’s expertise and MultiChoice’s extensive reach and subscriber engagement.

Strategy

BatchService integrates titlegenius by Radian

By Coverager ·

BatchService is a real estate data and technology company.

Business

Allianz Trade partners with BPL

By Gabriella Ben-Hutta ·

BPL is a specialist credit and political risk insurance broker.

Business

Wrisk Europe establishes Advisory Board

By Gabriella Ben-Hutta ·

Wrisk is a provider of embedded insurance solutions for Automotive OEMs.

Business

Securian Financial launches surplus lines insurance company

By Gabriella Ben-Hutta ·

Securian Financial is a provider of insurance and other protection products to more than 6,000 financial institutions and associations in the US and Canada.

Financials

YuLife nearly doubles written premiums

By Avi Ben-Hutta ·

The London-based startup generated £76.6 million in written premiums.

Business

Bain Capital to buy Envestnet

By Coverager ·

Envestnet manages over $6 trillion in assets.

Investments

Earned Wealth raises $200 million

By Avi Ben-Hutta ·

Earned is a financial services firm focused exclusively on medical professionals.

Member News

Hastings Direct and Cambridge Mobile Telematics Announce Partnership Renewal

By Cambridge Mobile Telematics ·

July 11, 2024, Cambridge, MA— Cambridge Mobile Telematics (CMT), the world’s largest telematics service provider, and Hastings Direct, a leading provider of insurance broking services to the UK private car,...

Innovation

Aspen launches Aspen Data Labs

By Coverager ·

Aspen Data Labs is a new platform to deliver Aspen’s digital strategy and drive forward the business’ data and artificial intelligence agenda.

Business

Zenith Insurance announces leadership change

By Coverager ·

Zenith Insurance will appoint Davidson Pattiz as President and Chief Executive Officer.

Marketing

Guaranteed Rate Insurance rebrands

By Avi Ben-Hutta ·

Earlier this month, Guaranteed Rate, the parent company of Guaranteed Rate Insurance, rebranded to Rate.

Business

Heffernan acquires Costello Insurance Associates

By Coverager ·

Costello became part of Heffernan's aviation specialty practice on May 1, 2024.

Business

Open Lending partners with Securian Financial

By Avi Ben-Hutta ·

The partnership enables Open Lending to provide insurance coverage through its flagship Lenders Protection program.

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Member News

6 Variations on Producer Licensing for Travel Lines

By AgentSync, AgentSync ·

A Cornucopia of Agentic AI Agents: Revolutionizing Industries One Task at a Time

By Robin Roberson, Agentech ·

Bindable partners with Recoop Disaster Insurance

By Mary Clare Riordan, Bindable ·

Leveraging Data Analytics for Risk Management in Insurance with Alexandra Littlejohn

By John Fohr, TrustLayer ·

Cybersecurity in Insurance: Why Your Data and Compliance Can’t Afford to Slip

By AgentSync, AgentSync ·

Ensuring Quality and Compliance with AI in Claims Processing

By Robin Roberson, Agentech ·

Integrating insurance licensing & commissions

By Vertafore ·

Obie Unveils Tenant Legal Liability Policy to Empower Real Estate Investors with Streamlined Tenant Risk Coverage

By Aaron Letzeiser, Obie ·

Onda Selects Five Sigma to Elevate Cyber Claims Handling

By Oded Barak, Five Sigma ·

HAI Group Goes Live on OneShield Enterprise Platform 7, Launching General Liability and Excess Products

By Janice Merkley, OneShield ·

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