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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

Tesla files new insurance program in Florida

By Avi Ben-Hutta ·

The proposed effective date for this program is October 20, 2022.

Investments

Salient Predictions raises $5.4 million

By Avi Ben-Hutta ·

Salient is a weather intelligence startup.

Investments

HourWork raises additional $2.5 million

By Coverager ·

HourWork’s vision is to transform hourly work and the gig economy.

Investments

CropSafe raises $3 million to support farmers

By Coverager ·

CropSafe plans to use the seed funding to accelerate growth in the U.S. and expand its team.

Investments

Porptech Leasecake raises $12 million

By Coverager ·

Leasecake., an operating system for lease and location management raises $12 million

Strategy

Yark Automotive Group launched a car-buying program that offers insurance

By Coverager ·

Yark QuickBuy gives customers an opportunity to shop for and purchase a pre-owned vehicle, get financed, add insurance, and schedule pick-up or delivery, all in as few as 20 minutes.

Strategy

Hagerty launches car buying marketplace

By Shefi Ben-Hutta ·

This isn't the first time Hagerty expands beyond insurance.

Business

Layoffs at Policygenius

By Avi Ben-Hutta ·

Policygenius has laid off ~25% of its workforce, around 170 employees.

Strategy

Holmes Murphy to use Aclaimant’s RMIS platform

By Coverager ·

The partnership combines a data warehouse with analysis to support risk management.

Investments

SiriusPoint backs insurance MGA Samos

By Coverager ·

Samos claims to be the world's first surgical accidental death insurance product.

Investments

Privyr raises $6 million

By Avi Ben-Hutta ·

Privyr offers a mobile-first CRM.

Business

MediaAlpha introduces new lead buying option for agents

By Avi Ben-Hutta ·

The new option allows agents to browse a continuously updated list of available leads and pay on a cost-per-lead or cost-per-connection basis.

Investments

Foxen raises $44 million

By Avi Ben-Hutta ·

Foxen is looking to bring compliance to renters insurance.

Investments

Florence raises $35 million

By Avi Ben-Hutta ·

AXA Venture Partners led the round.

Financials

FWD to postpone IPO

By Avi Ben-Hutta ·

Last year, FWD filed for an IPO in the U.S.

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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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