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

COVU raises $12.5 million

By Coverager ·

The funding will enable COVU to further enhance its platform.

Investments

Trinity Capital backs Beam Benefits

By Gabriella Ben-Hutta ·

This new growth capital will enable Beam to continue to scale operations and fund growth initiatives.

Business

Mylo partners with the International Franchise Association

By Coverager ·

Mylo will offer insurance solutions to approximately 1,000 emerging franchises.

Business

Brown & Brown acquires the assets of The Canopy Group

By Coverager ·

The Canopy Group specializes in personal lines and commercial property and casualty insurance for small businesses.

Business

Davies establishes Milan operation

By Gabriella Ben-Hutta ·

Davies’ new operational center will provide scalable claims TPA and loss adjusting solutions for the Lloyd’s of London Market as well as Italian & global insurers with operations in Italy.

Member News

Canopy Connect and FirstChoice Announce Strategic Partnership

By Insurance Verification ·

Canopy Connect and MarshBerry announce a new strategic partnership developed to enhance FirstChoice, a MarshBerry Company (FirstChoice), membership’s ability to efficiently and effectively intake insurance data.

Business

Phillip Brain appointed as Head of A&H Asia at Arma Underwriting

By Gabriella Ben-Hutta ·

Phillip brings over 25 of experience in the insurance industry, with a strong background in accident and health underwriting, product development, and market expansion.

Product

Tesla updates policy limits

By Coverager ·

Effective July 31, 2024.

Business

Alan to enter Canada

By Avi Ben-Hutta ·

Canada will be Alan's fourth market.

Business

Munich Re Specialty enters Spanish insurance market

By Coverager ·

The company plans to begin underwriting in 2025.

Product

Amwins and Floodbase launch flood insurance for California municipalities

By Shefi Ben-Hutta ·

The new program leverages Floodbase's AI monitoring technology to offer scalable payouts based on the severity of flooding.

Business

Grace Hill acquires Realync

By Gabriella Ben-Hutta ·

Terms of the deal were not disclosed.

Business

NGL hires Cara Capretta

By Coverager ·

She holds a Bachelor's degree in Business Management from Franklin University.

Member News

Seventh annual InsurTech100 names the companies transforming the insurance industry

By AgentSync ·

FinTech Global has released the new edition of its InsurTech100 list, highlighting the top innovators addressing the critical challenges facing insurers

Investments

Pinpoint Predictive raises series A

By Coverager ·

Several insurers, including The Philadelphia Contributionship, Glacier Auto Insurance, AmTrust Financial, and Ohio Mutual, are utilizing Pinpoint Predictive’s platform.

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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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