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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.

Investments

Orca AI raises $23 million and partners with NorthStandard

By Gabriella Ben-Hutta ·

Since its inception in 2018, the Tel-Aviv-based company has raised $38.6 million.

Business

Amwins launches new flood quoting capability through Amwins InstantQuote

By Coverager ·

Amwins IQ's new flood capability is live in 21 states.

Member News

Medicare: 5 Compliance Trends to Look for in Plan Year 2025

By AgentSync ·

Regulations have tightened the use of “Medicare” in advertising.

Business

ABAX launches insurance offering in Norway

By Avi Ben-Hutta ·

Norway is Fair's second market.

Member News

7 Ways to Modernize the Claims Experience — Using What You Already Have

By Appian ·

How connected—and competitive—is your claims experience? Differentiate your claims experience for a competitive edge.

Strategy

Life Insurance: More constant than change

By Shefi Ben-Hutta ·

The 2023 Life Insurers Fact Book highlights the growth in individual life insurance and group annuities, as well as a decline in the number of active life insurers in the US.

Investments

Musk’s xAI raises $6 billion

By Shefi Ben-Hutta ·

The news coincides with multiple controversies surrounding OpenAI.

Member News

Tego Partners with Five Sigma to Modernize Claims Management in Australia

By Oded Barak ·

Tego Insurance, a specialist medical malpractice underwriter in Australia, has chosen Five Sigma's AI-Native, Automation-First platform to address the growing complexity and volume of claims, automate routine tasks, and provide real-time insights.

Strategy

Direct Line shuts down Caha car ownership app

By Shefi Ben-Hutta ·

The news comes after two rejected attempts by Ageas to acquire Direct Line.

Financials

AM Best downgrades credit ratings of Everlake Life Group Members

By Coverager ·

Future growth for Everlake Life will depend on successfully acquiring new business to offset the runoff of a large in-force block.

Business

Walmart extends deal with Pawp

By Avi Ben-Hutta ·

The company is now announcing that it will continue to offer the service free of charge.

Financials

State Farm shrinks losses

By Avi Ben-Hutta ·

The group of companies reported a net underwriting loss of $1.35 billion.

Business

Aflac partners with Nayya

By Avi Ben-Hutta ·

Nayya is a provider of personalized digital benefits guidance.

Business

Embri is live

By Coverager ·

Embri has collaborated with Movo Partnership, a network providing access to carrier products.

Financials

Bowhead Specialty announces pricing of upsized initial public offering

By Coverager ·

The company will offer 7,529,412 shares of its common stock at a price of $17 per share.

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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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