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Descartes Underwriting picks NextPower in Risk Mitigation Petshop Science partnered with OUTsurance Liberty Mutual picks ICEYE in Claims 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 Ameriprise Financial raised $750M Cleerly Mortgages picks Acre in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M 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.

Financials

F&G purchases 30% ownership stake in Freedom Equity Group

By Shefi Ben-Hutta ·

, part of the FNF family of companies and a provider of annuities and life insurance, announced a 30% ownership stake in (FEG), a life IMO and longtime F&G partner. ...

Investments

Otto raises $4.5 million

By Avi Ben-Hutta ·

Otto allows people to borrow against their vehicles.

Investments

RoboTire raises $7.5 million

By Avi Ben-Hutta ·

RoboTire is automating vehicle maintenance.

Investments

Energetic Insurance raises $7 million

By Avi Ben-Hutta ·

Energetic operates as an MGU with initial capacity provided by SCOR Global P&C.

Technology

MAPFRE partners with travel risk intelligence company Riskline

By Coverager ·

The carrier will use Riskline’s real-time alerts, country, and regional risk assessments to better inform their decisions for travel insurance policies.

Investments

Transactly closes Series A round

By Gabriella Ben-Hutta ·

Transactly provides technology and services for real estate agents, investors, teams, and brokerages across the US.

Business

Chubb to acquire Cigna’s Asian and Turkey businesses

By Coverager ·

The operations to be acquired include Cigna's A&H and life business in Korea, Taiwan, New Zealand, Thailand, Hong Kong and Indonesia and its interest in a joint venture in Turkey.

Business

ReSpark joins Insurtech Gateway as portfolio company

By Gabriella Ben-Hutta ·

ReSpark is a software solution for the management and administration of any insurance product.

Business

MLTPLY launches

By Gabriella Ben-Hutta ·

MLTPLY aims to launch a new offering every six months.

Investments

TruckLabs raises $15 million

By Avi Ben-Hutta ·

TruckLabs designs and builds technology for the long-haul trucking industry.

Opinion

The Swiss cheese of embedded insurance

By Avi Ben-Hutta ·

Embedded comes in different shapes and forms.

Strategy

Insurity acquires geospatial data company Maprisk

By Gabriella Ben-Hutta ·

Maprisk offers data and analytics with a strong focus on natural hazard data, both proprietary and through third parties.

Innovation

Kudo is live

By Gabriella Ben-Hutta ·

According to Kudo, 'rubbish drivers need not apply."

Strategy

Zurich enters the pet insurance space in Germany

By Coverager ·

Under the petolo brand, Zurich subsidiaries put together a service package that combines classic coverage with a telemedicine service.

Investments

Qapita raises $15 million

By Avi Ben-Hutta ·

MassMutual Ventures Southeast Asia participated in the round.

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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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