Intermediary Archives

Coverager Data

Zurich Australia partnered with Crop Risk Underwriting Ventis Insurance partnered with Bravo Networks USI Insurance Services partnered with CNA Insurance GuardianPointe picks ZestyAI in Underwriting Hagerty partnered with Barrett-Jackson ING Group partnered with bolttech 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.

Business

Xerox launches cybersecurity solution for SMBs in partnership with The Hartford

By Coverager ·

The solution is designed for the tens of thousands of SMB clients Xerox supports directly and those within its partner network.

Investments

Modern Life raises $20 million

By Coverager ·

The startup has raised $35 million to date.

Financials

Progressive reports 89.7% CR for October

By Avi Ben-Hutta ·

The insurer ended the month with a combined ratio of 89.7% and net income of $846 million.

Business

Radiology Partners acquires healthcare AI company Cognita Imaging

By Gabriella Ben-Hutta ·

Radiology Partners is looking to expand capacity and address staffing shortages with AI.

Investments

Infracost raises $15 million

By Shefi Ben-Hutta ·

The round was led by Pruven Capital.

Investments

KitchenSync raises $10 million

By Shefi Ben-Hutta ·

KitchenSync offers insurance to restaurants.

Technology

Zurich launches Zurich Edge Assist

By Gabriella Ben-Hutta ·

Edge Assist is live in Indonesia for individual and travel agents, with India, Japan, Malaysia, and additional features planned through 2026.

Technology

OpenAI launches ChatGPT Go in Brazil and partners with Nubank

By Gabriella Ben-Hutta ·

This is OpenAI’s first partnership with a financial institution in Brazil.

Product

Allianz Life launches women-focused cancer and health coverage in Taiwan

By Coverager ·

Allianz will donate 3% of new cancer-policy premiums through 2025 to a micro-insurance fund for low-income households.

Strategy

Ageas joins MyFirst panel

By Coverager ·

MyFirst connects new drivers with specialists who tailor policies to their needs.

Strategy

Achmea sets 2030 strategy

By Shefi Ben-Hutta ·

The strategy centers, in part, on a company-wide AI program.

Business

Acera adds JS Davidson Insurance Brokers

By Coverager ·

JS Davidson is a niche aviation broker.

Product

Affinity FCU launches free medicare planning service

By Gabriella Ben-Hutta ·

The goal is to make Medicare decisions less confusing by offering clear, unbiased guidance with no sales pressure.

Business

Equifax acquires Vault Verify

By Coverager ·

Vault Verify offers API-based, real-time verifications and serves employers across the US.

Business

SageSure becomes Lloyd’s Coverholder, expands CAT capacity

By Coverager ·

The new Lloyd’s-backed homeowners program is now available in Louisiana, New York, North Carolina, South Carolina and Texas.

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