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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 AIG picks Poetic in Underwriting Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M

Foyer integrates Tractable's AI into car claims process

By Coverager

The goal is to settle straightforward claims faster.

Financials

Orange and AXA CIMA to acquire majority stake in DabaDoc

By Gabriella Ben-Hutta ·

Founded in 2014, DabaDoc digitizes access to healthcare in Africa.

Investments

Dave announces plans to go public

By Avi Ben-Hutta ·

Dave is merging with a SPAC.

Investments

ELEMENT raises $19.5 million

By Gabriella Ben-Hutta ·

To date, the company has raised ~€66 million.

Investments

Helvetia Venture Fund backs challenger bank Neon

By Gabriella Ben-Hutta ·

Founded in 2017, Neon offers an app-based banking solution where users can open a bank account and get a free Mastercard with low fees.

Business

Michael Rowell no longer CEO of Assurance IQ

By Avi Ben-Hutta ·

Michael Rowell is being replaced effective immediately.

Strategy

Allianz Partners launches micro-mobility insurance program

By Coverager ·

The program has already launched in Germany, Italy, and France, and will be live in Austria and Spain within the coming weeks.

Business

Enstar reinsures Hiscox legacy portfolio

By Gabriella Ben-Hutta ·

Through the transaction, Hiscox has ceded net insurance reserves of approximately $520 million at 31st December 2020 relating to 2019 and prior-year business.

Business

Michelin partners with Arity

By Gabriella Ben-Hutta ·

The companies will develop data-powered solutions for transportation departments and cities to improve road safety across the US.

Investments

One Concern raises $45 million

By Gabriella Ben-Hutta ·

The company is backed by Japanese insurer SOMPO Holdings.

Business

Aviva and Darwin announce five-year partnership

By Gabriella Ben-Hutta ·

The companies will be collaborating on an autonomous vehicle trial.

Investments

Kin Insurance announces Series C funding

By Gabriella Ben-Hutta ·

The total capital raised in this round is $69.2 million.

Strategy

Allianz Partners enhances its electric vehicle assistance service

By Coverager ·

This partnership is part of the global strategy of both Allianz Partners and BeNomad to facilitate the adoption of electric vehicles.

Investments

Alma Mundi Ventures backs Urban Jungle

By Coverager ·

The "insurance challenger" company is a team of ~40 offering home and contents insurance. It was founded in 2016 and as of last year, it had over 25,000 customers.

Investments

L&H insurance startup Qumata closes $10 million Series A

By Coverager ·

The company's API solution is integrated by insurers across multiple distribution channels, ranging from tied agents to independent intermediaries and online channels.

Investments

Trellis raises $10 million

By Avi Ben-Hutta ·

The startup has raised $10 million in Series A funding led by QED Investors with participation from existing investors NYCA Partners and General Catalyst.

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Member News

Buying Claims AI Is the Easy Part. This is How Two Claims Organizations are Making It Stick.

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By Zywave ·

What Happens When Insurance Carrier Experts Retire?

By Vertafore ·

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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 ·

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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

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Why Cyber Insurance's "Fire Sale" Won't Last

By Zywave ·

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