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.

Product

Pacific Life introduces new disability insurance products

By Gabriella Ben-Hutta ·

Pacific Life’s Workforce Benefits business announced the addition of two new disability insurance products to its portfolio.

Business

USAA donates $1M to support recovery in aftermath of Hurricane Helene

By Gabriella Ben-Hutta ·

Three national nonprofits will receive grants to assist in recovery efforts, including American Red Cross, Team Rubicon and Feeding America.

Member News

Kyber Achieves SOC 2 Type 1 Certification, Strengthening Data Security Commitment

By Sav Gadoo ·

For an insurance-focused platform like Kyber, achieving SOC 2 Type 1 certification is more than a badge of honor—it's a critical step in demonstrating our adherence to industry regulations and our commitment to safeguarding sensitive data.

Business

Lockton Australia launches Lockton Pulse

By Avi Ben-Hutta ·

The platform is powered by Kanopi.

Business

Everest sells certain assets to Ryan Specialty

By Coverager ·

Everest is selling EverSports and Entertainment Insurance.

Business

Counterpart adds General Liability coverage

By Coverager ·

This new offering provides small businesses access to expanded coverage through Counterpart’s network of wholesale broker partners.

Business

New York Life furthers AI & data innovation with two senior hires

By Coverager ·

Both will report to Don Vu.

Business

RVU partners with Reassured

By Gabriella Ben-Hutta ·

Reassured is a life insurance broker.

Product

AM Specialty launhces new pet insurance solution

By Coverager ·

The product will be distributed through Swain & Baldwin’s network of retail agents and made available directly to consumers.

Business

Hippo expands home builder access

By Coverager ·

Hippo also announced Perry Homes and Van Daele have joined the Hippo New Homes Program.

Product

The first sensor-triggered earthquake coverage in the US

By Shefi Ben-Hutta ·

The deal, brokered by Alliant with additional support from Munich Re, aims to improve UC’s earthquake preparedness and resilience.

Technology

SCOR launches SCOR Digital Solutions

By Coverager ·

The platform aims to streamline access to underwriting and claims services.

Investments

Apple pulls back from supporting OpenAI

By Shefi Ben-Hutta ·

OpenAI has raised $6.6 billion in new funding.

Business

Brown & Brown announces senior leadership team appointments

By Gabriella Ben-Hutta ·

The company announced the appointment of Mike Neal and Mark Abate.

Investments

Whatfix raises $125 million

By Shefi Ben-Hutta ·

Funding round led by Warburg Pincus with participation from SoftBank Vision Fund 2.

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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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