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Space Coast Credit Union partnered with TruStage TruStage partnered with Chief Financial Credit Union 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 AIG raised $13.8B Kingstone Insurance picks Earnix in Pricing 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

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.

Financials

Ardonagh-owned MDS Brazil to acquire D’Or Consultoria

By Coverager ·

This acquisition is part of MDS' expansion strategy in Brazil and Latin America

Product

We Insure enters pet insurance space

By Shefi Ben-Hutta ·

Through the partnership with Fletch, We Insure will add several pet insurance providers to their portfolio.

Innovation

Wrisk delivers car insurance solution for Jaguar Land Rover in the UK

By Coverager ·

Recently JLR issued a press release updating their efforts to strengthen insurance offerings for their UK clients.

Business

ICW Group Insurance Companies expands to New York

By Gabriella Ben-Hutta ·

Company now offers workers’ compensation insurance in 22 States.

Business

PwC is accelerating adoption of AI with ChatGPT Enterprise in US and UK and with clients

By Gabriella Ben-Hutta ·

PwC is actively engaged in GenAI with 950 of its top 1,000 US consulting client accounts while also discussing the use and implications of AI with many of its audit clients.

Strategy

Hagerty appoints Jeff Briglia as President of Insurance

By Coverager ·

Briglia was the President and CEO of Plymouth Rock Assurance's Direct and Partner Group.

Product

IAG launches cyber agency Cylo

By Coverager ·

‘Cylo backed by CGU’ is available via CGU affiliated brokers only.

Innovation

1Fort launches specialty marketplace for commercial insurance brokers

By Gabriella Ben-Hutta ·

Founded in 2021, 1Fort is a New York-based specialty insurance brokerage that works with retail agents, brokers and consultants to place coverage for insureds.

Technology

Hexure expands its quoting to include annuities

By Coverager ·

The platform now allows for side-by-side comparisons.

Product

HSB Canada launches Employment Practices Liability Insurance for small businesses

By Coverager ·

The coverage includes claims from employees and third parties, such as customers or vendors.

Strategy

HUB launches Fleet Solutions Digital Marketplace

By Coverager ·

The marketplace helps commercial fleets find solutions to manage risk and secure competitive insurance rates.

Member News

State Farm Customer Service Gets 4 out of 5 Stars

By Melanie Musson ·

In Clearsurance.com’s recently published report, State Farm customer reviews received a rating of four out of five stars. This report shares State Farm's best qualities and things to watch out for.

Investments

Frich raises $2.8 million

By Avi Ben-Hutta ·

Frich makes money by partnering with banks and other financial brands.

Investments

Slingshot raises $2.2 million

By Avi Ben-Hutta ·

The startup offers business management solutions for creators.

Business

Bowhead Specialty deploys Kalepa’s Copilot

By Coverager ·

Kalepa claims that its underwriting solution compiles everything underwriters need.

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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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