Company Archive

Coverager Data

GEICO Insurance Agency partnered with MetLife Pet Insurance Acrisure partnered with ESET Acrisure partnered with Markel Abacus Global Management partnered with Retirable Santalucía partnered with Zurich Seguros MoneyExpert picks Fruga in Customer Service HUB International picks Bind AI in Admin Embroker picks Bind AI in Admin PolicyWatch picks Bind AI in Admin Voya Financial picks Unqork in Admin Stand Insurance Solutions raised $70M Fruga raised $1.33M Harbor raised $10M Bolttech Insurance (Hong Kong) raised $20.72M egaranti raised $1.1M

Travelers on Muse: “It’s early days”

By Shefi Ben-Hutta

The comments come as Meta positions insurance as a use case for its AI agents.

Strategy

Blinker’s Mobile App To Buy, Sell Cars on a Smartphone to Enter Insurance in 2018

By Shefi Ben-Hutta ·

Denver-based Blinker announced that its mobile app is now available in state #2 – Texas. The app allows users to buy, sell, and finance vehicles. Also, by leveraging image-recognition technology, the app can...

Strategy

Digital Longevity Insurance Abaris to Become Blueprint Income

By Shefi Ben-Hutta ·

Direct-to-consumer platform for longevity insurance Abaris will not stay Abaris for long. The 3-year-old startup will be rebranding to Blueprint Income. “Frankly, the decision to update our name and brand has...

Legal Chatbot DoNotPay Enters US & Touches Insurance

By Shefi Ben-Hutta ·

In late 2015, Stanford student Joshua Browder created a chatbot, called DoNotPay, that helps users appeal parking tickets for free in the UK. That was then. This is now. The lawyer bot became...

Marketing

Hippo’s New Look

By Shefi Ben-Hutta ·

Before. After. Better yet: Recall: Hippo is a CA-based digital MGA that offers home insurance via a partnership with Topa Insurance. It launched in April, raised $14M...

Business

Kerr Approves New Flood Insurance Company

By Avi Ben-Hutta ·

LITTLE ROCK – Arkansas Insurance Commissioner Allen Kerr today released the following statement announcing that he has granted a Certificate of Authority to Florida-based Homeowners Choice Property & Casualty Insurance Company...

Investments

San Fran-Based Cover Announces Series A to Bring Computer Vision to Insurance

By Shefi Ben-Hutta ·

San Fran-based Cover announced it has raised $8M in a Series A round led by Social Capital, bringing its total funding to date to $11M. The mobile first insurance...

Business

Young Alfred Expands Product Scope to Addl. Personal Lines

By Shefi Ben-Hutta ·

Philadelphia-based digital broker Young Alfred has expanded its product scope to include most personal lines products. Recall: the startup was launched in 2016 by David Stasie and Jason Christiansen to become one’s ‘property insurance...

Business

CUNA Mutual Experiences Strong Traction With Online Term Life Insurance Product

By Shefi Ben-Hutta ·

TruStage simplified-issue term life insurance surpasses $500 million in policies written with availability in 49 states TruStage, CUNA Mutual Group’s consumer brand, announced today that its simplified-issue term life product, unveiled...

Business

On the Formation of Zenith-Prudential Life Insurance & Zurich Insurance Middle East, a Cigna-owned company

By Shefi Ben-Hutta ·

British insurer Prudential announced the purchase of a majority stake in Nigeria’s Zenith Life as it looks to access the country’s fast-growing insurance market . Also, it signed a deal...

Innovation

Uber, Lyft Drivers Can Offset Cost of Insurance With Cargo

By Shefi Ben-Hutta ·

Meet Cargo, a one-year-old startup offering drivers of Uber, Lyft and the like, a way to earn some extra cash by placing vending machines in their vehicles. Here’s...

Strategy

Generali To Sell $50B German Life Portfolio

By Shefi Ben-Hutta ·

Italian insurer Generali has put its $50 billion German life insurance portfolio up for sale as it restructures in Europe , according to Reuters. “A sale of certain portfolios within...

Business

Commissioner Navarro Issues Statement on Genworth Form A Process

By Shefi Ben-Hutta ·

The Delaware Department of Insurance (“Department”) is actively reviewing an Application for the Acquisition of Control of Genworth Life Insurance Company (“GLIC”) by China Oceanwide Holdings Group Co., Ltd....

Strategy

Chinese Online Insurer Zhong An Files For Up To $1.5 billion HK IPO

By Shefi Ben-Hutta ·

China’s first internet-only insurer, whose current major shareholders include two of China’s largest Internet companies – Alibaba Group’s Ant Financial affiliate with 16% and Tencent Holdings with 12%, has filed...

Investments

Challenger bank Revolut To Enter Travel Insurance

By Shefi Ben-Hutta ·

London-based ‘challenger bank’ Revolut announced it has raised $66M in a Series B round bringing its total funding to date to $83M since it was founded in 2015. The mobile-first...

Marketing

Sneak Peek into AmTrust’s Digital Project AmVenture

By Shefi Ben-Hutta ·

Meet AmVenture. Think: the marketing organization for AmTrust Financial Services with a special sweet spot for workers compensation insurance. Also think – an attempt by a Fortune 500 insurer to tap...

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Member News

Vertafore automates policy processing with two new Velocity AI agents for independent agencies

By Vertafore ·

OneShield Appoints Terry Brown Chief Insurance Officer

By Debbie Ryan, OneShield ·

How AI is Changing Insurance Document Research

By Vertafore ·

Ascend Introduces Cora, an AI Coworker Designed to Enhance Automation, Starting with Commissions Reconciliation

By Ascend ·

reThought Flood selects Vertafore to expand access to private flood coverage

By Vertafore ·

Zywave Horizon: Cyber Risk NYC Brings Cyber Risk Leaders Together at a Crucial Moment as Market Forces Shift

By Zywave ·

Vertafore earns industry honors for innovation shaping the future of insurance technology

By Vertafore ·

2027 Insurance Trends: The Math is Getting More Complicated

By Evy Strom, ePayPolicy ·

How the Insurance Industry Can Drive Growth in the Age of AI

By Zywave ·

Flood Insurance vs. Home Insurance

By Melanie Musson, Clearsurance ·

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