Acquiree Archives

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GuardianPointe picks ZestyAI in Underwriting Zurich Australia partnered with Crop Risk Underwriting Hagerty partnered with Barrett-Jackson ING Group partnered with bolttech Protect My Let partnered with Addept Insurance Services Addept Insurance Services partnered with Salvation Army General Insurance Ameriprise Financial raised $750M Cleerly Mortgages picks Acre in Admin Leavitt Group picks FurtherAI in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M KOBAN SÜDVERS picks CyberCube in Risk Mitigation AIG picks Poetic in Underwriting Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M

Consumer fintech Current raises $80 million

By Shefi Ben-Hutta

Current also expanded its partnership with Cross River.

Technology

Homesteaders integrates with TDAW

By Coverager ·

Funeral homes that use TDAW will be able to view Homesteaders policy details.

Investments

QBE Ventures invests in Converge

By Coverager ·

This aligns with Mitsui Sumitomo Insurance’s investment in Coalition.

Business

Apollo, Athene and Motive Ventures invest in ARS

By Coverager ·

ARS is lifetime income design and technology company.

Business

Five Bays Capital acquires Firezat

By Coverager ·

Firezat is a company specializing in wildfire structure protection.

Strategy

Ola Jacob joins Global Parametrics as London Market Business Development Director

By Coverager ·

He joins from Descartes Underwriting.

Financials

Clearcover Insurance Company reports 2024 results

By Avi Ben-Hutta ·

The carrier reported a net underwriting loss of $20 million for the year.

Business

bolt partners with C Spire

By Coverager ·

The package costs $21.99/mo.

Member News

Onboarding & compensation: What insurance agents need from carriers

By Vertafore ·

Independent agents reveal their frustrations with carriers on these topics

Business

HDI Global launches climate consulting

By Shefi Ben-Hutta ·

The service includes desktop assessments, on-site inspections, and climate risk advisory reports.

Innovation

Lemonade partners with ZestyAI

By Coverager ·

Lemonade has adopted the ZestyAI platform to further optimize underwriting for key catastrophe perils in the US.

Business

ServiceNow expands AI capabilities with $2.9 billion acquisition of Moveworks

By Coverager ·

The move enhances ServiceNow’s agentic AI capabilities.

Business

Gracie Point Holdings launches GP Affluent Markets

By Shefi Ben-Hutta ·

Backed by investments from Kuvare and Hudson Structured Capital Management.

Financials

Hannover Re reports strong 2024 financial results

By Coverager ·

Guidance for 2025 confirmed: Group net income of around EUR 2.4 billion.

Strategy

Fortitude Re strikes $3.4 billion reinsurance deal with Unum

By Coverager ·

Unum will continue to service and administer the reinsured policies.

Technology

FIS launches Treasury GPT

By Coverager ·

The tool was developed in collaboration with Microsoft Azure OpenAI Service.

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Member News

What Happens When Insurance Carrier Experts Retire?

By Vertafore ·

What 6,000 Insurance Leaders Were Actually Whispering About at Insurtech Insights USA

By Justin Jaksha, ePayPolicy ·

10 Cheapest Home Insurance Companies in Florida

By Melanie Musson, Clearsurance ·

Scaling Carrier Client Experience Starts Behind the Scenes

By Vertafore ·

Ivans Index May 2026 Results Released

By Michael Streit, Applied Systems ·

The Plaintiff Bar Brought AI to the Claim File. Carriers Should Arm the Adjuster.

By Yo Sub Kwon, Voltaire ·

Producerflow Launches Partner Portal to Modernize Carrier Collaboration with Distribution Partners

By Ido Deutsch, Producerflow ·

Why Cyber Insurance's "Fire Sale" Won't Last

By Zywave ·

Shadow Accounting in Insurance Compensation

By Vertafore ·

Sircon Compensation recognized for helping carriers turn agent compensation into a competitive advantage

By Vertafore ·

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