Venture Capital Archives

Coverager Data

SimplyIOA partnered with Obsidian Insurance Holdings Semsee partnered with Utica First Insurance Company The Hartford partnered with Coalition bolt partnered with Salesforce DoorLoop partnered with Lemonade Rollo Insurance Group picks SALT Insure in Sales The Hartford picks Empathy in Claims RMA picks Quotey in Sales Root Insurance raised $150M Marsh McLennan raised $7.25B Security Benefit raised $650M Authentic Insurance uses Artificial Intelligence in Sales Draivn picks Bluewire in Risk Mitigation HOMEE raised $12M Native Broking raised $2.6M

Lemonade ends Q3 with $68 million loss

By Avi Ben-Hutta

In-force premium reached $889 million.

Business

Protective to sell Concourse Financial Group Securities and Concourse Financial Group Agency

By Coverager ·

Protective has entered into an asset purchase agreement with Cetera Financial Group and Simplicity Financial.

Innovation

Canada Life signs distribution agreement with Primerica Canada

By Shefi Ben-Hutta ·

The phased rollout begins in early 2025, with no impact on Canada Life's existing distribution or advisors.

Innovation

Erik Garbin joins R-LABS

By Coverager ·

Erik will lead the company’s new venture creation and corporate innovation activities.

Business

Admiral UK CEO to step down

By Coverager ·

Cristina Nestares is stepping down.

Business

Polly partners with TruStage

By Avi Ben-Hutta ·

Polly will power TruStage's auto and home offering.

Financials

Kingsway acquires Image Solutions

By Gabriella Ben-Hutta ·

Kingsway acquired Image Solutions, an information technology managed services provider, for $19.5 million.

Business

Ambac announces partnership with Pivix

By Coverager ·

Pivix offers property and casualty coverages for targeted segments.

Business

Beazley launches Beazley Quantum

By Coverager ·

The new offering is available through the Global Wholesale platform via Lloyd’s.

Business

Orion180 partners with Vexcel

By Coverager ·

The agreement secures an enterprise license for accessing high-resolution aerial imagery and property analytics, including post-disaster damage assessments.

Business

Simply Business partners with Markel

By Coverager ·

Simply Business offers insurance across more than 1,200 different trades and professions.

Business

Arta Finance partners with Prudential

By Coverager ·

Arta Finance is a digital family office with expertise and offerings spanning investment, tax, insurance and beyond.

Member News

No Stupid Questions: What Not to Ask in Your Compliance Software Vendor RFP

By AgentSync ·

Let’s be clear: The RFP process isn’t just about finding a vendor; it's about discovering a partner who will contribute to your success and growth over the long term.

Innovation

Medica appoints Keith Tanski as chief information officer

By Coverager ·

Keith joins Medica from Walmart.

Business

Heritage Insurance vs. 60 Minutes

By Shefi Ben-Hutta ·

The insurer is accused of altering damage reports to shortchange Florida homeowners impacted by Hurricane Ian.

Financials

Tesla reports Q3 2024 production

By Coverager ·

Tesla is scheduled to release its full Q3 financial results after market close on October 23, 2024.

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Member News

Haunting Claims Inefficiencies? Discover How Agentic AI and LLMs Can Actually Transform the Claims Process.

By Robin Roberson, Agentech ·

Bindable Unveils a Simplified Solution for Organizations Interested in Launching an Independent P&C Insurance Agency

By Mary Clare Riordan, Bindable ·

5 Pitfalls to Effective Insurance Compliance Vendor RFPs and How to Address Them

By AgentSync, AgentSync ·

SILA’s newest president talks leadership, trends, and more

By Vertafore ·

Insurtech's Meal Deal: 5 Solutions for 5 Challenges Served with a Side of Agentic AI

By Robin Roberson, Agentech ·

Sircon Compensation empowers carriers to fuel growth and build stronger relationships with independent agents

By Vertafore ·

Safety Versus Risk Management with Daniel Ruiz of SC Builders

By John Fohr, TrustLayer ·

7 Ways Carriers Can Leverage Compliance Data for Business Opportunities

By AgentSync, AgentSync ·

Bold Penguin Joins HawkSoft's Solution Partner Program

By HawkSoft, HawkSoft ·

Cambridge Mobile Telematics Announces Enhanced Driver Experiences, Crash Capabilities, and Developer Tools

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

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