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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

Guardian and Pelago launch new partnership

By Coverager ·

The new offering will be available in July for new dental plans.

Business

Sonnet to discontinue auto insurance business in Alberta

By Coverager ·

Sonnet's home insurance business in Alberta will not be impacted by this change.

Business

The Mutual Group appoints Brett Humphrey as Chief Financial Officer

By Coverager ·

Humphrey held various senior positions during his nine-year tenure at American International Group in New York and Japan.

Investments

Amplify Life raises $20 million

By Avi Ben-Hutta ·

Amplify claims to have helped over 4k customers since launching.

Business

Nubank and Chubb reach 2 million active insurance policies in Brazil

By Avi Ben-Hutta ·

The first product launched by the companies was in December 2020.

Strategy

Funeral Directors Life names Monica Kroier as Market Center Manager

By Coverager ·

Monica has more than a decade of experience in the funeral profession.

Business

Inszone Insurance acquires Welcome Insurance Agency

By Gabriella Ben-Hutta ·

Welcome Insurance Agency is a provider of restaurant and commercial insurance for gas stations, restaurants, automotive shops, and religious institutions.

Product

Introducing Tiq CashSaver

By Coverager ·

Tiq CashSaver offers a practical and flexible savings solution.

Strategy

Intact doubles down on its Municipal Climate Resiliency Grants program

By Shefi Ben-Hutta ·

In 2022, Intact invested a total of $1 million in ten climate adaptation projects in communities across Canada.

Opinion

Direct Intelligence

By Shefi Ben-Hutta ·

34 years of insurance history.

Financials

Progressive reports 100.4% CR for May

By Avi Ben-Hutta ·

The insurer ended the month with a net income of $235.7 million.

Business

AM Specialty acquires Pinpoint Insurance

By Coverager ·

Brad J. Sickinger will continue to lead the company.

Business

State National appoints Terry Muhia as Executive Vice President

By Gabriella Ben-Hutta ·

Reporting directly to President and CEO Matthew Freeman, she will focus on delivering service to State National’s business partners, helping them mitigate portfolio risk as they navigate the challenges of today’s technological and economic environment.

Business

Guy Carpenter launches Capital & Advisory Group

By Gabriella Ben-Hutta ·

The business also announced the appointment of Alexander Schnieders as global head of Capital & Advisory.

Business

Gore Mutual partners with Wildfire Defense Systems

By Gabriella Ben-Hutta ·

Wildfire Defense Systems is the largest provider in North America of Qualified Insurance Resource wildfire loss intervention services.

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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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