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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.

Business

Openly launches in Virginia

By Coverager ·

Openly is now live in 23 states.

Business

APOLLO partners with Dream

By Coverager ·

Dream has over $25 billion in assets across North America and Europe.

Business

The Hartford announces leadership successions

By Coverager ·

Company names Michael Fish head of Group Benefits and H. Clay Bassett Jr. global chief underwriting officer and head of reinsurance.

Strategy

Direct Line insurance to launch on price comparison websites

By Avi Ben-Hutta ·

The new products will be specifically designed for price comparison websites.

Business

Marsh McLennan Agency to acquire The Horton Group

By Coverager ·

The deal is anticipated to close within the third quarter of 2024.

Product

Guard exits California home insurance market

By Shefi Ben-Hutta ·

This move follows similar exits by other insurers.

Investments

Principal and RGA back Zoë Foundry

By Avi Ben-Hutta ·

Zoë Foundry aims to launch three employee benefits startups annually.

Business

Westwood Insurance Agency partners with Stanley Martin Homes

By Avi Ben-Hutta ·

Stanley Martin Homes will be able to offer homeowners insurance to its customers early in the home-buying process.

Investments

AmTrust invests in weSure Global

By Avi Ben-Hutta ·

AmTrust and weSure have been partners since 2022.

At-Bay to shut down Relay

By Avi Ben-Hutta ·

At-Bay acquired Relay nearly two years ago.

Investments

Gradient AI raises $36 million

By Coverager ·

Gradient AI's insurer backers include AmFam and MassMutual.

Financials

Solera announces filing for IPO on NYSE

By Coverager ·

Solera is a provider of SaaS solutions to the vehicle lifecycle ecosystem.

Business

SES Risk Solutions partners with Guaranteed Rate Insurance

By Coverager ·

The companies will enable rental property owners to secure comprehensive landlord insurance coverage.

Business

Unum Group to sell medical stop loss operations to Amynta Group

By Coverager ·

The transaction is expected to close in the third quarter of 2024, subject to customary closing conditions.

Strategy

Howden Re and Moody’s launch talent exchange program

By Coverager ·

This initiative aims to enhance professional development, career opportunities, and knowledge sharing.

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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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