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Counter picks Northwestern Mutual in Claims Counter picks MassMutual in Claims MAPFRE RE picks CyberCube in Underwriting HEMIC picks EvolutionIQ in Claims Onward Group partnered with Equinox Agency Insurance Company partnered with Insuritas Vertical Insure partnered with Eventeny Stillwater Insurance Group picks Livegenic in Claims Zurich UK partnered with Reframe Qubit Underwriting Limited partnered with Canopius Nirvana Insurance raised $80M Klaim raised $10M InsureVision raised $2.7M Outmarket AI raised $4.7M CoverForce Inc raised $13M

NY Attorney General sues Allstate over data breaches

By Shefi Ben-Hutta

The lawsuit follows two data breaches in 2020 and 2021.

Investments

Venn raises $21.5 million

By Coverager ·

Intact Ventures participated in the round.

Business

Betterment acquires Ellevest’s automated investing business

By Coverager ·

Betterment today serves more than 900,000 customers throughout the US.

Member News

Understanding insurance commission management

By Vertafore ·

What insurance carriers should consider

Business

Beazley enters European property market

By Coverager ·

Foucher brings three decades of industry experience to Beazley.

Financials

State Farm shares cost estimates of wildfires

By Avi Ben-Hutta ·

State Farm General has paid out $1.75 billion on approximately 9,500 claims.

Financials

Lemonade reports Q4 results

By Avi Ben-Hutta ·

Lemonade estimates that the impact of the CA wildfires on its Q1 2025 results will result in ~$45 million in gross losses.

Investments

Napo raises £12 million

By Coverager ·

The Series B round was led by Mercia Ventures.

Investments

Selective closes $400 million senior notes offering

By Coverager ·

The proceeds will be used for general corporate purposes.

Financials

SiriusPoint prices secondary offering of 4.1 million shares at $14 each

By Coverager ·

The offering, managed by Jefferies, is expected to close on February 27, 2025, pending customary conditions.

Investments

Adaptive Insurance raises $5 million

By Coverager ·

The Texas-based startup offers a short-term power outage insurance product.

Business

Tailrow Reciprocal Exchange assumes ~14,000 policies from Citizens

By Coverager ·

Tailrow was approved for 20,000 policies.

Member News

Klarity and Munich Re Life US Analyze Third-Party and Wearable Data to Uncover Mortality Risk Insights

By Daisy Okas ·

Study demonstrates how third-party longitudinal data can impact risk assessment in life insurance.

Investments

Auditoria.AI raises $38 million

By Shefi Ben-Hutta ·

Clients include TIH Insurance.

Business

JetBlue Vacations partners with WeatherPromise

By Coverager ·

Customers booking through JetBlue Vacations will be reimbursed if their getaway experiences significant rainfall.

Business

Zurich North America invests in US Middle Market expansion

By Coverager ·

Lisa Diers, who has been with Zurich for 28 years, has been selected as Head of Onboarding & Development for Middle Market.

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Featured Jobs

Director, Business Solutions- Claims

Arch Insurance Group

Director, Actuarial & Analytics PI Auto Pricing

Travelers

Vitesse and Five Sigma Partner to Expedite Payments and Enhance Customer Experience in Insurance Claims

By Oded Barak, Five Sigma ·

What Is Distribution Channel Management (DCM)? The Evolution of Compliance.

By AgentSync, AgentSync ·

Insurance trends and regulatory changes to watch in 2025

By Vertafore ·

New white paper exploring what's inhibiting AI success in life & annuity

By Team at Sureify, Sureify ·

Case Study: Harbor Claims Saves Adjusters 50% of Time Spent Drafting With Kyber

By Arvind Sontha, Kyber ·

Vertafore report shows how carrier processes, communication and technology impact the agent experience

By Vertafore ·

Insurance Comparison Shopping Made More Efficient for Consumers and Agents Through Bindable’s New Integration with Canopy Connect

By Mary Clare Riordan, Bindable ·

Path to Profitability: Market Risks Facing Agencies and Carriers for Medicare Open Enrollment 2025

By AgentSync, AgentSync ·

USAA: Cheapest Car Insurance in Florida

By Melanie Musson, Clearsurance ·

AMS360 named top insurance agency management system in G2’s 2025 Software Awards

By Vertafore ·

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