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Limit picks OpenAI in Sales Millennial Specialty Insurance picks Akur8 in Pricing Coverdash partnered with Rocket Lawyer Kwik Fit partnered with Aioi Nissay Dowa Insurance Integral Group Solution partnered with Insuritas Slide Insurance partnered with Tampa Bay Buccaneers RT Specialty partnered with Bold Penguin Najm Insurance Services picks Cambridge Mobile Telematics in Sales Aviva picks Symfos in Underwriting Hastings Direct picks Cambridge Mobile Telematics in Risk Mitigation Ping An raised $3.5B Societe Generale Assurances raised $26M Triglav d.d. raised $108.15M Groupama raised $648.99M Gradient AI raised $36.13M

Primerica to exit senior health business

By Avi Ben-Hutta

The company is relinquishing ownership of e-TeleQuote.

Financials

YuLife nearly doubles written premiums

By Avi Ben-Hutta ·

The London-based startup generated £76.6 million in written premiums.

Business

Bain Capital to buy Envestnet

By Coverager ·

Envestnet manages over $6 trillion in assets.

Investments

Earned Wealth raises $200 million

By Avi Ben-Hutta ·

Earned is a financial services firm focused exclusively on medical professionals.

Member News

Hastings Direct and Cambridge Mobile Telematics Announce Partnership Renewal

By Cambridge Mobile Telematics ·

July 11, 2024, Cambridge, MA— Cambridge Mobile Telematics (CMT), the world’s largest telematics service provider, and Hastings Direct, a leading provider of insurance broking services to the UK private car,...

Innovation

Aspen launches Aspen Data Labs

By Coverager ·

Aspen Data Labs is a new platform to deliver Aspen’s digital strategy and drive forward the business’ data and artificial intelligence agenda.

Business

Zenith Insurance announces leadership change

By Coverager ·

Zenith Insurance will appoint Davidson Pattiz as President and Chief Executive Officer.

Marketing

Guaranteed Rate Insurance rebrands

By Avi Ben-Hutta ·

Earlier this month, Guaranteed Rate, the parent company of Guaranteed Rate Insurance, rebranded to Rate.

Business

Heffernan acquires Costello Insurance Associates

By Coverager ·

Costello became part of Heffernan's aviation specialty practice on May 1, 2024.

Business

Open Lending partners with Securian Financial

By Avi Ben-Hutta ·

The partnership enables Open Lending to provide insurance coverage through its flagship Lenders Protection program.

Business

Openly launches in Virginia

By Coverager ·

Openly is now live in 23 states.

Business

APOLLO partners with Dream

By Coverager ·

Dream has over $25 billion in assets across North America and Europe.

Business

The Hartford announces leadership successions

By Coverager ·

Company names Michael Fish head of Group Benefits and H. Clay Bassett Jr. global chief underwriting officer and head of reinsurance.

Strategy

Direct Line insurance to launch on price comparison websites

By Avi Ben-Hutta ·

The new products will be specifically designed for price comparison websites.

Business

Marsh McLennan Agency to acquire The Horton Group

By Coverager ·

The deal is anticipated to close within the third quarter of 2024.

Product

Guard exits California home insurance market

By Shefi Ben-Hutta ·

This move follows similar exits by other insurers.

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Member News

Introducing Clive™: The Insurance Industry’s First AI-Powered Claims Adjuster

By Oded Barak, Five Sigma ·

Insurance sector braces for another severe hurricane season

By Vertafore ·

CAPE Analytics and EagleView Announce Long-Term Imagery Collaboration Expanding Coverage, Recency, and History Across CAPE Property Intelligence Products

By Kayvan Farzaneh, Cape Analytics ·

How Mature Is Your Claims Process?

By Appian, Appian ·

How to Dance the Surplus Lines Tax Tango

By AgentSync, AgentSync ·

4 Steps to Better Broker/Underwriter Workflows

By Appian, Appian ·

Insurance 101: All About Insurance Carrier Appointments

By AgentSync, AgentSync ·

Najm Launches Advanced Telematics Initiative to Improve Safe Driving in Saudi Arabia

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

How MGAs can use tech to strengthen customer-carrier relationships

By Vertafore ·

Do Tow Truck Drivers Expect Tips?

By Melanie Musson, Clearsurance ·

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