Company Archive

Coverager Data

Velocity Credit Union partnered with Inszone Insurance Chubb partnered with Amazon CalcFocus picks One Inc in Sales MoneySuperMarket partnered with Open Insurance Technologies MoneySuperMarket partnered with Allianz MoneySuperMarket partnered with Covéa Insurance Adam Riese picks Neodigital in Admin Munich Re picks EightByZero in Claims Vertafore picks Floatbot in Admin DUAL North America picks .406 Ventures in Underwriting Coverwatch raised $4.5M Klaimee raised $5.5M PremFina raised $541.32M American Growth Insurance raised $70M PolicyStreet raised $5M

Travelers remains open to M&A following strong Q2

By Shefi Ben-Hutta

Travelers has now gone about two and a half years without another announced acquisition.

Business

Assurant acquires OptoFidelity’s mobile device testing portfolio

By Coverager ·

OptoFidelity is a Finnish company specializing in optical metrology systems.

Product

APOLLO launches APOLLO+ for renters

By Coverager ·

The feature offers rate protection, flexibility, and forgiveness benefits for both new and existing customers.

Member News

Why AI Correspondence Will Become Table Stakes in Insurance (And What That Means for Carriers Today)

By Yo Sub Kwon ·

What started as a conversation about our technology quickly evolved into something bigger—a discussion about the fundamental transformation happening in claims and why carriers can no longer afford to treat correspondence as an afterthought.

Product

Bridgehaven Insurance partners with Relm

By Coverager ·

Bridgehaven will provide capacity for Relm’s products targeting sectors such as web3, AI, biotechnology, and the space economy.

Innovation

PIB Group to acquire Vitaance

By Coverager ·

Vitaance has disclosed $6.29M in funding.

Innovation

Allianz UK partners with Ticker

By Coverager ·

Ticker is a car MGA.

Product

Lemonade expands telematics options in New Jersey

By Gabriella Ben-Hutta ·

Lemonade currently has 3,689 car-insurance policyholders in New Jersey as of September 2025.

Financials

Ryan Specialty reports Q3 2025 results

By Coverager ·

CFO Janice Hamilton emphasized that M&A remains a top priority.

Investments

Axonic Insurance secures $210 million investment

By Shefi Ben-Hutta ·

Axonic Insurance is a global annuity and insurance platform launched in 2024 by Axonic Capital.

Business

Palomar acquires Gray Surety for $300 million

By Shefi Ben-Hutta ·

Gray Surety specializes in contract bonds for midsized and emerging contractors.

Financials

Prudential reports Q3 2025 results

By Shefi Ben-Hutta ·

Sullivan reaffirmed Prudential’s deepening commitment to AI.

Business

Protective to acquire Portfolio

By Coverager ·

The transaction is expected to close by the end of the year.

Business

Samsara partners with Allianz UK

By Coverager ·

The partnership provides Allianz-insured commercial customers with "preferred access" to Samsara’s AI dual-facing dash cams and connected operations platform.

Member News

Specialty Program Group partners with Vertafore to streamline submissions and boost operational efficiency

By Vertafore ·

AI-enabled underwriting workbench and agent portal for MGAs and wholesalers will empower SPG to accelerate speed-to-market

Business

Bending Spoons to acquire AOL following $2.8B debt financing

By Gabriella Ben-Hutta ·

The acquisition is expected to close by the end of the year.

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Member News

From System of Record to System of Action: AI in the AMS

By Anupam Gupta, Applied Systems ·

Cytora and InformData Join Forces to Embed Verifiable People Data into Commercial Risk Processing

By Richard Hartley, Applied Systems ·

The MGA Talent Cliff Is Here. What's Your Plan?

By Vertafore ·

AI-Powered Workflows Inside Your Agency Management System

By Vertafore ·

InsurGrid Launches Intake-to-ACORD Workflow for Commercial Insurance Agencies

By InsurGrid Team, InsurGrid ·

Ivans Index Q2 2026 Results Released

By Michael Streit, Applied Systems ·

How AI is Transforming Insurance Research and Decision-Making

By Vertafore ·

EZLynx Partners with First Connect to Bring All-in-One AMS to Member Agents

By Rob Bourne, EZLynx ·

Dearborn Labs Announces Launchpad, an AI Insurance Accelerator That Funds and Builds AI Infrastructure for MGAs

By Alec Martins, Clearcover ·

Regulators Don’t Want an AI Policy. They Want Receipts.

By Yo Sub Kwon, Voltaire ·

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