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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 Ageas UK partnered with Wrisk 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 Elpha Secure picks Ketch in Risk Mitigation Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M Chubb raised $574.2M

Cleerly Mortgages selects Acre as CRM platform

By Shefi Ben-Hutta

Acre, which was acquired by ClearScore, has raised $14.6 million from investors including Aviva Ventures, Founders Factory, McPike Global Family Office, and Sesame Bankhall Group.

Investments

XILO raises $7.2 million

By Coverager ·

XILO's clients include Towne Insurance and Partnership Insurance Agency.

Product

Babel Cover and WSG launch BMIC motorcycle warranty

By Coverager ·

Warranty Solutions Group is a UK-based provider of extended vehicle warranties.

Product

Wallife and Tomorrow Bio to launch cryopreservation insurance

By Coverager ·

The policy will cover risks such as complications during vitrification and geopolitical disruptions affecting access to storage facilities.

Business

Verisk estimates up to $35B in insured losses from Palisades and Eaton fires

By Coverager ·

The Palisades fire accounts for $20 billion to $25 billion, while the Eaton fire is estimated at $8 billion to $10 billion.

Strategy

Unum named Strategic Workday Wellness Partner

By Coverager ·

Unum is a Workday partner since 2019.

Technology

Panel Quote and Hello Claims expand integration in NZ

By Coverager ·

Tower has been using Hello Claims’ software for motor claims since June 2024.

Product

Transamerica waives retirement plan fees for wildfire Victims

By Coverager ·

The fee waivers will remain in place until further notice, depending on circumstances.

Business

Nationwide to acquire Allstate employer stop loss business for $1.25 billion

By Coverager ·

This acquisition will further strengthen and diversify Nationwide Financial’s portfolio.

Strategy

Tower partners with Finsure to streamline insurance referrals

By Coverager ·

The partnership simplifies insurance referrals for Finsure NZ advisers, with Tower specialists managing the quote process.

Business

Volt Underwriting adds former Travelers exec

By Coverager ·

The MGA offers coverage for both conventional power generation and renewable energy risks.

Member News

Groundhog Day for Desk Adjusters: How Agentic AI is Breaking the Endless Claims Cycle

By Robin Roberson ·

Every morning, the alarm clock blares. The screen flickers on. The emails pile up. And for insurance desk adjusters and claims handlers, the same exhausting, mind-numbing tasks await. Click, toggle, copy, paste, review, repeat.

Business

World Insurance Associates acquires Stern Insurance Group

By Coverager ·

Stern was founded in 1987 by Daryl Stern.

Investments

Openly announces $193 million in financing

By Coverager ·

Openly's growth financing includes $123 million in equity capital and a $70 million senior note.

Business

Ki partners with QBE

By Coverager ·

QBE capacity will be available on the Ki platform.

Business

Element partners with Hub

By Coverager ·

The new offering will be available in Q1 of 2025.

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Member News

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 ·

How Carriers Can Help AI Pilots Take Off

By Vertafore ·

Vertafore earns fourth consecutive Excellence in Customer Service Award

By Vertafore ·

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