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.

Marketing

GEICO hires new CMO

By Coverager ·

Orpello joins GEICO from Goldman Sachs.

Business

Pinnacol appoints new Senior Medical Director

By Gabriella Ben-Hutta ·

Pinnacol Assurance is a Colorado-based workers’ compensation insurer.

Business

Sompo appoints Richard Higa as Group Deputy Chief Audit Executive

By Coverager ·

Effective November 1, 2025.

Product

Itasca MGA provides aircraft finance insurance to Jeju Air

By Coverager ·

Jeju Air is South Korea’s first low-cost carrier.

Business

Insurance Office of America secures investment from Madison Dearborn Partners

By Coverager ·

Financial terms of the transaction were not disclosed.

Business

Abacus acquires AccuQuote

By Coverager ·

AccuQuote has helped nearly 350,000 families secure coverage.

Business

SiriusPoint announces sale of Arcadian MGA for $139 million

By Coverager ·

The deal is expected to close prior to the end of the first quarter of 2026.

Business

Balavant acquired TIMBY Specialty

By Gabriella Ben-Hutta ·

The acquisition expands Balavant’s inland and ocean marine presence and supports its goal of building a modern MGA platform.

Business

Hyperscience partners with Senderra

By Gabriella Ben-Hutta ·

Hyperscience partnered with specialty pharmacy Senderra to automate patient and physician onboarding using its Hypercell platform.

Technology

GetInsured to power Oregon’s state-based marketplace

By Coverager ·

The move will give Oregon full control over its health insurance exchange operations starting in 2027.

Business

Northern Neck and Frederick Mutual Plan to affiliate

By Shefi Ben-Hutta ·

The affiliation will extend their reach across Virginia, Maryland, Pennsylvania, Delaware, the District of Columbia, and North Carolina, serving policyholders through more than 450 independent agencies.

Investments

HappyRobot partners with Tokio Marine

By Shefi Ben-Hutta ·

Tokio Marine joins other investors including Base10 Partners, a16z, and Samsara Ventures.

Investments

Affinity Risk affiliate raises $7.7 million

By Shefi Ben-Hutta ·

Affinity Risk is an insurance agency specializing in SMB commercial coverage.

Product

TMHCC – Specialty Group partners with The Acheson Group

By Coverager ·

The partnership extends TAG’s crisis management and food safety expertise to TMHCC – Specialty Group clients.

Strategy

Penn-America Underwriters launches reinsurance MGA

By Coverager ·

Penn-America Underwriters operates as a division of GBLI.

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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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