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.

Investments

Dai-ichi Life backs Sakana AI

By Gabriella Ben-Hutta ·

Sakana AI raised $70 million in a Series A funding round.

Investments

Nym raises $47 million

By Coverager ·

Nym has developed an engine that analyzes patient medical records to facilitate communication with insurance companies.

Business

Ripe acquires Munich Re Specialty’s GJW Direct

By Coverager ·

The transaction is set to complete in the first half of 2025.

Investments

Air Doctor raises $20 million

By Avi Ben-Hutta ·

Munich Re Ventures and Tokio Marine participated in the round.

Technology

RapidSOS acquires eDispatches

By Coverager ·

Mesirow advised eDispatches on its sale to RapidSOS.

Member News

3 Reasons Not to Get Your Adjusters a Florida DHS

By AgentSync ·

There are a number of things that make adjuster licensing so fraught. One of them is that there’s not a single agreed-upon standard for adjusters the way there is for producers.

Business

Ford introduces EV initiative

By Avi Ben-Hutta ·

The company said that it had learned how important home charging is to overall electric vehicle adoption.

Business

CFC opens first office in Spain

By Coverager ·

CFC has appointed Filippo Cibin as Team Leader.

Marketing

Millennial Specialty Insurance unveils new brand

By Coverager ·

The new brand will be rolled out across the company’s updated website and its LinkedIn page.

Business

Figo surpasses 200,000 pet insurance policies

By Coverager ·

Figo was founded in 2013.

Product

Elixir launches AI-driven MGA

By Coverager ·

The MGA will first focus on cyber insurance.

Business

Marsh to acquire McGriff Insurance Services

By Coverager ·

Marsh McLennan will pay $7.75 billion in cash consideration.

Strategy

Visa to acquire Featurespace

By Coverager ·

Visa and Featurespace are working together to manage payment fraud in real-time.

Technology

FICO and Jersey Telecom tackle authorised push payment fraud

By Coverager ·

Early implementations by UK banks have seen significant reductions in fraud and false positives, providing effective real-time intervention against scams.

Technology

Introducing Vox by Fair Square Medicare

By Coverager ·

Fair Square Medicare, founded in 2019 and headquartered in San Francisco, uses AI-driven voice agents to streamline the Medicare enrollment process.

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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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