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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

Emerald Bay partners with Lightspeed Specialty

By Coverager ·

The companies are launching an insurance facility in California that delivers "meaningful coverage" for homeowners and landlords.

Business

Keystone Agency Partners acquires Keystone Insurers Group

By Coverager ·

The acquisition will integrate KAP's brokerage platform with a premier independent agency network.

Business

EverPeak is now available on Attune’s digital platform

By Gabriella Ben-Hutta ·

EverPeak-branded workers' comp products have launched in 10 states and will eventually be available in most states nationwide.

Business

K2 International launches K2 Rubicon Specialty

By Coverager ·

This new division was founded by Gavin Wall, Parth Patel, Chris McGill and Matt Eve.

Business

Coverdash to offer cyber insurance via Drata

By Avi Ben-Hutta ·

Drata has raised $328 million and it claims to serve thousands of companies.

Member News

Evolving ways MGAs leverage data and tech for growth

By Vertafore ·

A closer look at solutions to data flow and connectivity challenges in E&S.

Strategy

Societe Generale to sell Shine

By Avi Ben-Hutta ·

Societe Generale paid ~€100 million in cash to acquire Shine.

Innovation

CHERRISK pauses policy sells in the German market

By Shefi Ben-Hutta ·

CHERRISK continues to operate in Hungary.

Business

Citizens releases 2025 rate media kit

By Gabriella Ben-Hutta ·

Citizens proposes rates for 2025 that include a statewide average increase of 14% for all Personal Lines.

Strategy

QBE to close North America middle-market segment

By Coverager ·

The closure is expected to have limited impact on QBE’s FY24 Group combined operating ratio.

Investments

Chexy raises $3 million

By Avi Ben-Hutta ·

The startup has thousands of active users.

Business

Zurich acquires majority stake in Kotak General Insurance

By Gabriella Ben-Hutta ·

Zurich acquires 70% of Kotak General Insurance, becoming the first foreign insurer to enter India since the FDI rules were amended to allow up to 74% foreign ownership in 2021.

Strategy

SafetyCulture looks to secure US capacity

By Shefi Ben-Hutta ·

SafetyCulture Care MGA is working on securing new underwriting capacity and partnerships to expand into the US and UK.

Business

R&Q to file for Bermuda liquidation

By Coverager ·

The board has concluded that the alternative proposal represents the best option to secure value at this time.

Strategy

Definity CEO addresses the auto theft crisis

By Coverager ·

Canada is not alone is experiencing a rise in vehicle theft.

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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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