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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

TowerBrook and Further Global to acquire ProSight

By Gabriella Ben-Hutta ·

TowerBrook will acquire a majority stake in ProSight, with Further Global serving as a key minority co-investor.

Product

Introducing Lemonade Life

By Shefi Ben-Hutta ·

Lemonade is live with term life insurance.

Product

Quotemehappy.com expands to life insurance

By Shefi Ben-Hutta ·

Shoppers can choose between a 'level cover' or a 'decreasing cover' with the option to add critical illness coverage.

Business

Commodity risk insurtech Stable launches in Bermuda

By Gabriella Ben-Hutta ·

Founded in 2016, Stable’s data science platform enables the company to democratize access to ‘hedging’ for businesses of every sector and every size.

Business

One Drop to work with SCOR and Bayer on life insurance products

By Gabriella Ben-Hutta ·

The partners will develop a customized life insurance solution that pairs SCOR's VELOGICA with One Drop's evidence-based holistic health programs.

Business

FRIDAY announces new hires for its management team

By Gabriella Ben-Hutta ·

The company hired Nate Glissmeyer and Robin Latz.

Business

Wellthie is now inactive

By Gabriella Ben-Hutta ·

Founded in 2013, Wellthie was an insurance technology company offering broker and carrier shopping tools to simplify insurance distribution for small businesses and individuals.

Business

Boston Mutual celebrates 130 years of operation

By Coverager ·

In 2021, Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, is celebrating 130 years of dedication to those who rely on the carrier and delivering on its promises.

Financials

Porch acquires Homeowners of America

By Gabriella Ben-Hutta ·

The transaction, which is pending only regulatory approval, is expected to close in the second quarter of 2021.

Member News

HawkSoft commits to remaining a privately owned agency management system

By HawkSoft ·

HawkSoft has grown organically since 1995 with no outside investors. The company reaffirms its commitment to Independent Agents to remain independently owned and answerable to two stakeholders — customers and...

Business

GCP Capital Partners backs ALKEME Insurance

By Gabriella Ben-Hutta ·

ALKEME has developed a model which connects agency partners with 'innovative' solutions to accelerate growth.

Financials

Specialist Risk Group acquires GB Underwriting

By Gabriella Ben-Hutta ·

Founded in 2003, GB Underwriting provides property and liability solutions to the UK broker market.

Financials

American Family to acquire Bold Penguin

By Gabriella Ben-Hutta ·

Bold Penguin will become a subsidiary of the American Family Insurance group, pending regulatory approval and closing. Financial details of the transaction are not being disclosed.

Investments

WatchTower becomes ThreeFlow, raises $8 million

By Gabriella Ben-Hutta ·

The Series A round was led by Emergence Capital, with participation from Equal Ventures and First Trust Capital Partners.

Business

Applied Systems to acquire EZLynx

By Coverager ·

This complementary acquisition will expand Applied’s portfolio of agency management and rating technologies to drive automation for agencies large to small while also increasing connectivity across the distribution channel to create greater value for all stakeholders.

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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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