Acquiree Archives

Coverager Data

USAA partnered with Trust & Will Wrisk partnered with Mazda Motor Europe K2 Insurance Services partnered with QBE North America Simply Business partnered with Allianz UK SkyWatch partnered with Bees360 Sedgwick picks Octo Telematics in Claims Verisk picks Truepic in Claims Marsh picks Kirontech in Claims Lockton picks VIPR in Admin EigenRisk picks Property Guardian in Underwriting Fairfax Financial Holdings raised $750M Chubb raised $574.2M Brown & Brown raised $500M Honeycomb Insurance raised $40M Digit Insurance raised $10.45M

Sedgwick launches AI-powered claims ecosystem

By Shefi Ben-Hutta

Sedgwick provides claims, loss adjusting, benefits administration, and product recall services to more than 10,000 clients in 80 countries through a workforce of over 33,000 employees.

Business

TheGuarantors expands insurance capacity

By Coverager ·

TheGuarantors now partners with 10 carriers and reinsurers.

Technology

Root partners with Arity

By Shefi Ben-Hutta ·

The changes are expected to have no immediate rate impact on existing customers.

Strategy

Embrace Pet appointed by Trupanion

By Shefi Ben-Hutta ·

Embrace currently offers pet health insurance plans underwritten by American Modern.

Business

MassMutual to offer policyowners free access to AI-guided mental health support

By Coverager ·

This offering is the latest addition to MassMutual’s Health and Wellness Program.

Investments

Treehouse raises $16.6 million

By Avi Ben-Hutta ·

Treehouse has completed thousands of installations and supports dozens of partners across the country, including CarMax, Holman, Emporia, and Quilt.

Business

Beat Capital Partners launches Fallow Grove Insurance Services

By Coverager ·

The company has partnered with former CrossCover executive Brett Dupre to launch US-based Fallow Grove Insurance Services.

Product

AIR Parametric launches Milkshake

By Shefi Ben-Hutta ·

AIR Parametric offers financial protection from extreme weather events like heat spells, cold snaps, and excess rainfall.

Business

Nicolas Darveau-Garneau joins iA Financial Group as AI Strategic Advisor

By Gabriella Ben-Hutta ·

Mr. Darveau-Garneau had been a director with iA Financial Group and a member of the Human Resources and Compensation Committee since May 2018.

Business

AM Best assigns Issuer Credit Rating of “a+” to Helvetia

By Gabriella Ben-Hutta ·

AM Best has assigned a Financial Strength Rating of "A" (Excellent) and a Long-Term Issuer Credit Rating of "a+" (Excellent) to Helvetia.

Member News

Herald Raises $12 Million to Revolutionize Insurance Connectivity with AI-Powered Solutions

By Herald ·

Previously published here. New York, NY – October 16, 2024 – Herald, the leading digital infrastructure provider for commercial insurance, announced a $12 million Series A funding round co-led by...

Business

Independence Pet Holdings names second CEO in a year

By Coverager ·

IPH is the lesser-known name behind Embrace, Pumpkin, Pets Best, and PetPlace.

Product

Next Insurance expands agency partnerships with GEICO

By Shefi Ben-Hutta ·

This is the second agency Next Insurance has partnered with this month.

Investments

DeNexus raises $17.5 million

By Coverager ·

AXA XL participated in the round.

Business

Keystone Agency Partners acquires Myers, Benner Corporation

By Coverager ·

Myers, Benner specializes in serving towing operations, garages, truck dealerships, and school districts.

Investments

INSHUR raises $19 million

By Avi Ben-Hutta ·

The investment will enable the business to continue scaling its operations globally.

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Featured Jobs

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Member News

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 ·

The Last Mile of Claims: Why Correspondence is Structurally Harder Than Summarization

By Yo Sub Kwon, Voltaire ·

Applied Systems Honored with Four Stevie® Awards in 2026 American Business Awards®

By Taylor Rhodes, Applied Systems ·

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