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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

SVB Financial Group enters into definitive qgreement for the sale of SVB Capital

By Coverager ·

Pinegrove and SVB Capital will operate independently.

Investments

Scout Ventures announces close of Fund IV

By Avi Ben-Hutta ·

USAA is one backer of the new fund.

Business

Wagmo partners with Rover

By Coverager ·

Select Wagmo partner companies and their employees will be able to enjoy discounted access to pet care services available on the Rover platform.

Strategy

Trupanion appoints new CEO

By Coverager ·

Tooth holds nearly two decades of experience as a growth-oriented leader within the pet insurance category.

Business

BRP to become The Baldwin Group

By Coverager ·

The firm’s brand name will be The Baldwin Group.

Business

Third Point launches Malibu Life Re

By Coverager ·

Malibu Life Re will focus on providing asset-intensive reinsurance solutions and has entered into a treaty with a leading US annuity provider.

Business

Coalition expands coverage to Canadian companies with up to $5b in revenue

By Coverager ·

Each policy offered by Coalition Insurance Solutions Canada includes onboarding calls with experts.

Business

Westwood Insurance Agency partners with Landsea Homes

By Avi Ben-Hutta ·

The new offering enhances the insurance buying experience by using an embedded model.

Innovation

Marsh launches Sentrisk

By Coverager ·

Sentrisk uses advanced technologies such as supply chain mapping AI and geospatial satellite imaging.

Business

Wag! launches WeCompare

By Avi Ben-Hutta ·

WeCompare is a new insurance comparison website.

Business

Arta partners with Chubb

By Avi Ben-Hutta ·

In 2022, Arta raised $11 million in a round led by AXA Venture Partners.

Technology

Verisk discontinues telematics offering and more

By Shefi Ben-Hutta ·

Select highlights following the company's earnings call.

Business

Travelers counters Zywave’s lawsuit over breach of acquisition agreements

By Shefi Ben-Hutta ·

Travelers has responded to Zywave's lawsuit by primarily denying the claims.

Business

Neptune Flood acquires Charles River Data

By Coverager ·

Charles River Data is a Boston-based data science consulting group.

Business

Delos Insurance partners with Lloyd’s of London

By Gabriella Ben-Hutta ·

The two will expand vacant home insurance in California.

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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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