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bunq partnered with Qover Roamly partnered with Getaround Roamly partnered with Mobilitas Insurance Fetch Pet Insurance partnered with Plymouth Rock Outdoorsy partnered with Sensible Weather Chubb raised $6.7B Re raised $7M Cover Genius raised $80M Premins Company raised $3.57M Chapter Medicare raised $50M ERGO picks Digital Claim in Claims Cover Genius picks Adyen in Sales Insuredmine picks Canopy Connect in Sales Boundless Rider uses Mobile in Sales Nayms picks Coinbase in Sales

AI Jain

By Shefi Ben-Hutta

If AI isn’t the gorilla in the room, what is?

Financials

Hagerty ends Q3 with $18.6 million net income

By Avi Ben-Hutta ·

As of September 30, 2023 the company had 1,387,429 policies in force.

Investments

Sumitomo Life invests in Singlife

By Avi Ben-Hutta ·

Singlife said it will use the capital to support business growth.

Business

Arthur J. Gallagher to acquire The Evans Agency

By Avi Ben-Hutta ·

The transaction is anticipated to be completed in the fourth quarter of 2023.

Business

James River to sell casualty reinsurance business to Fleming Holdings

By Coverager ·

Fleming is a portfolio company of Altamont Capital Partners.

Business

Amazon introduces new health care benefit

By Avi Ben-Hutta ·

The new benefit is provided by One Medical.

Financials

Greenlight Re names Greg Richardson as CEO

By Shefi Ben-Hutta ·

The news follows reports that Greenlight Re was looking to replace CEO Simon Burton.

Business

Goldman Sachs Asset Management to acquire DOXA Insurance

By Avi Ben-Hutta ·

The investment will help fuel DOXA's ongoing acquisition strategy.

Investments

Goodvest raises €10 million

By Avi Ben-Hutta ·

The startup has attracted over 5k customers.

Innovation

Waze introduces crash history alerts

By Avi Ben-Hutta ·

The new feature combines historical crash data.

Innovation

Square One teams up with Zurich Canada to offer personal auto insurance

By Coverager ·

For the customer, this partnership combines the seamless, digital-first purchasing environment of Square One with Zurich Canada’s claims service experience.

Product

Mutual of Omaha and Wellcare to offer co-branded Medicare plans

By Coverager ·

Mutual of Omaha is the nation’s second-largest provider of Medicare Supplement plans.

Investments

May Mobility raises $105 million

By Avi Ben-Hutta ·

State Farm Ventures participated in the round.

Financials

WeWork files for Chapter 11

By Avi Ben-Hutta ·

The bankruptcy filing is limited to WeWork’s locations in the US and Canada.

Business

Hiscox cuts 42 positions amidst reorganization

By Shefi Ben-Hutta ·

This amounts to a workforce reduction of around 10% in the US.

Investments

Radius Agent raises $13 million

By Avi Ben-Hutta ·

AXA Venture Partners led the round.

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Featured Jobs

London Underwriters Reintroduces AUGold: A Cutting-Edge Solution for Excess and Surplus Lines

By Daniel Feigenbaum, London Underwriters LLC ·

Implementation: The Final Frontier

By AgentSync, AgentSync ·

How to Deliver Intelligent Connected Insurance Experiences: 6 Success Stories

By Appian, Appian ·

All 50 States in Just 2 Minutes: How Service Insurance Companies Went National in No Time

By AgentSync, AgentSync ·

London Underwriters and Foxquilt Insurance Announce Strategic Partnership

By Daniel Feigenbaum, London Underwriters LLC ·

Cox Automotive Ecommerce and Canopy Connect Partner to Enhance Online Car Buying

By Insurance Verification, Canopy Connect, Inc. ·

Automated Claims Management: 3 Pillars of Success

By Appian, Appian ·

Canopy Connect and InsuredMine Announce New Integration to Obtain and Transfer Insurance Information

By Insurance Verification, Canopy Connect, Inc. ·

OneShield Announces Partnership with One Inc to Enhance Digital Payment Solution Offering

By Janice Merkley, OneShield ·

Automated Insurance Claims Processing: How Does It Work?

By Appian, Appian ·

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