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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.

Business

AIA Singapore launched AIA Wealth Centre

By Gabriella Ben-Hutta ·

AIA Wealth Centre is dedicated to serving regional and domestic affluent and high-net-worth individuals and families.

Technology

CUBE acquires Reg-Room

By Coverager ·

Reg-Room provides regulatory change monitoring and analysis solutions.

Product

Antares syndicate launches credit and political risks consortium

By Coverager ·

Credit and political risk is a highly technical class with high barriers to entry.

Business

GCN launches bicycle insurance in the UK

By Avi Ben-Hutta ·

GCN is part of Warner Bros. Discovery-owned Play Sports Network.

Product

26North Re completed a $4.9 billion reinsurance deal with National Life Group

By Coverager ·

The transaction brings 26North's total assets under management to $22 billion.

Business

FloodFlash launches new dealer program

By Coverager ·

The new program can be used for any losses associated with flooding.

Business

Holmes Murphy launches new company

By Coverager ·

IPS is led by Tim Anders.

Investments

AISAP raises $13 million

By Gabriella Ben-Hutta ·

The Israeli company provides AI-powered, point of care ultrasound diagnostic solution.

Business

Mosaic offers professional liability protection for engineers

By Coverager ·

The new offering includes a dedicated product, with core coverage of professional liability, plus enhancements.

Business

American Coastal announces the sale of Interboro

By Coverager ·

Concurrently, Interboro and SageSure entered into a program administrator agreement and a claims services agreement.

Strategy

Click-Ins welcomes new CEO

By Coverager ·

Click-Ins' platform simplifies vehicle inspections.

Business

Mercury Insurance partners with Tokio Marine America

By Avi Ben-Hutta ·

Last month TMA said it cannot sustainably support personal lines coverages and would be exiting the personal lines market.

Financials

Hamilton announces share repurchase from funds affiliated with Blackstone

By Avi Ben-Hutta ·

The company recently released its financial results for the first quarter, ending the period with $157.2 million in net income.

Investments

CoverTree raises $13 million

By Avi Ben-Hutta ·

CoverTree is an MGA and coverage was designed in partnership with Markel.

Business

Plymouth Rock Home Assurance partners with Fetch Pet

By Avi Ben-Hutta ·

Plymouth Rock policyholders will be able to receive up to a 10% discount on pet insurance for the life of their pet through Fetch.

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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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