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Guardian partnered with XP Health Nibbles Pet Health partnered with Physicians Mutual Sharp Insurance picks Rival Insurance Technology in Sales CoverForce Inc partnered with USLI Morrisons partnered with Accredited Insurance Morrisons partnered with AXA Prudential Financial picks Gradial in Sales Connie Health raised $40M Convr picks Property Guardian in Underwriting Sammons Financial Group raised $750M IAG picks Sonder in Claims Tugboat raised $3M Pints AI raised $5.6M Great-West Lifeco raised $107.44M BMO Insurance picks Walnut Insurance in Sales

Week in Review — June 15–18, 2026

By Shefi Ben-Hutta

More than a century after GMAC was created to finance car buyers, the AmTrust lineage is acquiring a modern business built around the same idea.

Strategy

Ambac Financial Group rebrands as Octave Specialty Group

By Coverager ·

The rebrand follows the sale of the company’s legacy financial guarantee business.

Innovation

Aon launches Claims Copilot

By Coverager ·

The platform will launch in Germany first.

Financials

EverQuote eyes $1 billion revenue milestone

By Shefi Ben-Hutta ·

The company ended the quarter debt-free with $146 million in cash after repurchasing 900,000 shares for $21 million.

Business

Stewart to acquire Mortgage Contracting Services

By Shefi Ben-Hutta ·

The move marks Stewart’s expansion into property preservation.

Product

Beneva launches “Rebuild Better”

By Shefi Ben-Hutta ·

The new home insurance feature helps policyholders rebuild more sustainably following a loss.

Product

Transamerica launches universal life with instant-decision underwriting

By Shefi Ben-Hutta ·

The company recently announced its integration with AgentSync.

Investments

The Beans raises $5.4 million

By Gabriella Ben-Hutta ·

The Beans offers an AI-powered financial operating system that automates savings, debt management, and tax optimization.

Business

Lockton expands into Saudi Arabia

By Coverager ·

Lockton's Saudi Arabia retail operation launches with a team of 20 specialists.

Business

Davies to acquire SCM Insurance Services

By Coverager ·

The deal represents Davies’ largest strategic M&A.

Business

TruStage offloads Digital Storefront to Demopolis

By Coverager ·

Founded in 2022, Demopolis focuses on B2B software investments.

Business

Coalition acquires Wirespeed

By Coverager ·

Wirespeed is an automated managed detection and response (MDR) platform.

Business

Hadron to enter Europe

By Coverager ·

The company plans to launch in Europe next year.

Member News

When MGAs and insurance carriers need an ECM update

By Vertafore ·

Turn content management from a challenge into an advantage

Financials

Trupanion posts growth, adds $120 million credit line

By Shefi Ben-Hutta ·

Trupanion also announced that it has entered into a three-year, $120 million credit agreement with PNC Bank.

Product

General Motors to enter California car insurance market

By Shefi Ben-Hutta ·

Texas remains its largest market, with over 8,400 policyholders and $12.3 million in written premium, followed by Illinois, Arizona, and Indiana.

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Member News

The Adjuster Shortage Is Turning Claims AI Into an Operating Necessity

By Yo Sub Kwon, Voltaire ·

ITC Infotech and InsureMO Partner to Bring AI-Driven Insurance Modernisation to Middle East, Africa, and India

By InsureMO, InsureMO ·

Buying Claims AI Is the Easy Part. This is How Two Claims Organizations are Making It Stick.

By Yo Sub Kwon, Voltaire ·

Zywave Announces 2026 Cyber Risk Award Winners

By Zywave ·

What Happens When Insurance Carrier Experts Retire?

By Vertafore ·

What 6,000 Insurance Leaders Were Actually Whispering About at Insurtech Insights USA

By Justin Jaksha, ePayPolicy ·

10 Cheapest Home Insurance Companies in Florida

By Melanie Musson, Clearsurance ·

Scaling Carrier Client Experience Starts Behind the Scenes

By Vertafore ·

Ivans Index May 2026 Results Released

By Michael Streit, Applied Systems ·

The Plaintiff Bar Brought AI to the Claim File. Carriers Should Arm the Adjuster.

By Yo Sub Kwon, Voltaire ·

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