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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.

Member News

Agency professionals provide insights on the hard market, technology and talent in Vertafore’s 2024 report on the insurance workforce

By Vertafore ·

Survey respondents emphasize passion for helping clients is still high as professionals navigate trends impacting their business.

Investments

Climate X raises $18 million

By Gabriella Ben-Hutta ·

Google Ventures led the Series A investment round.

Business

American Coastal extends agreement with AmRisc

By Coverager ·

The MGA agreement remains mutually exclusive for the admitted condominium association property insurance market in Florida.

Financials

Zurich to buy AIG’s personal travel business for $600 million

By Shefi Ben-Hutta ·

Zurich will also acquire AIG Travel's global service centers as part of the deal.

Investments

Regulatory compliance platform Norm Ai raises $27 million

By Gabriella Ben-Hutta ·

New York Life Ventures joined the round.

Member News

The Rest Is History: How Carriers Can Navigate Backdating Variations to Operationalize Just-In-Time Appointments

By AgentSync ·

Backdating rules can make the already-varied mosaic of appointment regulations even more confusing. See how states variations can make or break your efforts.

Investments

Volkswagen to invest up to $5 billion in EV maker Rivian

By Shefi Ben-Hutta ·

Pending necessary regulatory approvals.

Technology

Acuity integrates with GloveBox

By Avi Ben-Hutta ·

The integration will give Acuity's retail agents access to policyholder data and documents through the GloveBox platform.

Innovation

Waymo opens up robotaxi service to everyone

By Avi Ben-Hutta ·

Users can hail a Waymo robotaxi through the Waymo One app.

Business

Zurich NA names James Bracken CFO

By Coverager ·

Peter Hirs will return to Zurich Insurance Group in Switzerland.

Innovation

Progyny acquires Apryl

By Gabriella Ben-Hutta ·

Apryl is a Berlin-based fertility benefits platform

Investments

Micruity raises $5 million

By Avi Ben-Hutta ·

The Canadian company will use the funding to expand support for accumulation annuities and non-guaranteed income products.

Member News

Why Appian Is a Leader in Low-Code for Insurers

By Appian ·

Find out why Appian was named a leader as a low-code technology provider in insurance.

Business

MRI Software acquires Insurent

By Avi Ben-Hutta ·

Insurent has guaranteed more than $1 billion in rent exposure since inception.

Business

Markel to acquire a majority interest in Valor

By Coverager ·

Valor is an environmental services company.

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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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