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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?

Business

Highmark notifies members about data breach

By Coverager ·

Highmark has not discovered any evidence to date that data potentially accessed because of this incident has been used fraudulently.

Strategy

BriteCo expands jewelry insurance to independent agents

By Coverager ·

Founded in 2017, BriteCo has raised $11 million and is a team of ~20.

Investments

PCF Insurance secures $500 million preferred equity investment

By Coverager ·

At the time of investment, the valuation of PCF Insurance is $4.7 billion.

Financials

Insurance startup Hala shuts down

By Shefi Ben-Hutta ·

The startup closed its business as of Feb 15. 2023.

Technology

Waterdrop tests a ChatGPT-like application

By Coverager ·

Waterdrop is a Chinese insurance company.

Strategy

Introducing Hippo Builder Insurance Agency

By Coverager ·

Hippo Builder Insurance Agency.

Product

Blue Marble partners with Nestle/Nescafe

By Coverager ·

Blue Marble launches pilot program in Indonesia with Nescafe.

Investments

Zylo secures additional $5 million in funding

By Avi Ben-Hutta ·

MassMutual Ventures provided the funding.

Business

Travelers introduces innovation network for construction industry

By Coverager ·

This is the latest example of Travelers partnering with construction customers to help them manage risk and promote a culture of safety.

Innovation

Freelancer insurance agency Dinghy to shut down

By Shefi Ben-Hutta ·

Dinghy launched in London in 2018 when it offered commercial insurance coverage underwritten by Beazley Syndicates at Lloyd’s.

Member News

Pavo and Dais Technology Team up to Release an Insurance Industry First: a Premium Finance Marketplace

By Jason Kolb ·

Pavo and Dais announce the launch of the insurance industry's first Premium Finance Marketplace. This offering will provide the insurance industry and their clients with an efficient and convenient way to access financing for insurance premiums.

Sikoia raises $6 million

By Avi Ben-Hutta ·

The round was led by MassMutual Ventures.

Member News

PURE Insurance Extends Its Long-Standing Relationship with OneShield, Signing New Five-Year Deal

By Janice Merkley ·

Marlborough, MA – February 16th, 2023, Privilege Underwriters Reciprocal Exchange (PURE), a leading policyholder-owned insurer of high-net-worth individuals, has committed to a multi-year agreement extending its use of OneShield Enterprise...

Product

Blink Parametric teams up with Firemelon

By Coverager ·

Firemelon’s Magenta system is now "Blink Parametric-enabled."

Member News

Coterie Insurance Names Marc Frenkel as Chief Financial Officer

By Katherine Jones ·

“Coterie has grown to the stage where we need an experienced financial leader who understands the complexities of start-ups and insurance,” said David McFarland, Coterie CEO.

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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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