Company Archive

Coverager Data

Vertafore picks Floatbot in Admin HOA Insurance Agency partnered with Travelers DUAL North America picks .406 Ventures in Underwriting Managing Agency Partners picks ZestyAI in Underwriting ThreeFlow partnered with Employee Navigator bolttech partnered with Jubilee Insurance Progressive partnered with Winnebago Industries Klaimee partnered with Algorithmic Insurance Services Coverwatch raised $4.5M Hippo picks Anthropic in Admin Brown & Brown picks Anthropic in Admin Klaimee raised $5.5M PremFina raised $541.32M American Growth Insurance raised $70M PolicyStreet raised $5M

Mapfre to acquire Safety Insurance for $1.54 billion

By Shefi Ben-Hutta

Safety shareholders will receive $105 per share, representing a 44% premium to the insurer’s closing stock price on July 23, 2026.

Financials

State Farm shares cost estimates of wildfires

By Avi Ben-Hutta ·

State Farm General has paid out $1.75 billion on approximately 9,500 claims.

Financials

Lemonade reports Q4 results

By Avi Ben-Hutta ·

Lemonade estimates that the impact of the CA wildfires on its Q1 2025 results will result in ~$45 million in gross losses.

Investments

Napo raises £12 million

By Coverager ·

The Series B round was led by Mercia Ventures.

Investments

Selective closes $400 million senior notes offering

By Coverager ·

The proceeds will be used for general corporate purposes.

Financials

SiriusPoint prices secondary offering of 4.1 million shares at $14 each

By Coverager ·

The offering, managed by Jefferies, is expected to close on February 27, 2025, pending customary conditions.

Investments

Adaptive Insurance raises $5 million

By Coverager ·

The Texas-based startup offers a short-term power outage insurance product.

Business

Tailrow Reciprocal Exchange assumes ~14,000 policies from Citizens

By Coverager ·

Tailrow was approved for 20,000 policies.

Member News

Klarity and Munich Re Life US Analyze Third-Party and Wearable Data to Uncover Mortality Risk Insights

By Daisy Okas ·

Study demonstrates how third-party longitudinal data can impact risk assessment in life insurance.

Investments

Auditoria.AI raises $38 million

By Shefi Ben-Hutta ·

Clients include TIH Insurance.

Business

JetBlue Vacations partners with WeatherPromise

By Coverager ·

Customers booking through JetBlue Vacations will be reimbursed if their getaway experiences significant rainfall.

Business

Zurich North America invests in US Middle Market expansion

By Coverager ·

Lisa Diers, who has been with Zurich for 28 years, has been selected as Head of Onboarding & Development for Middle Market.

Member News

Insurance 101: The Insurance Distribution Channel Overview

By AgentSync ·

The quickest summary of a distribution channel is that insurance products are sold to consumers by licensed agents who carriers contract and appoint to sell their products. But, as you’ll read, it’s not quite as simple as that.

Investments

Floodbase raises $5 million

By Coverager ·

Floodbase has now raised $17 million in venture capital.

Business

RGA announces reinsurance transaction with Equitable Holdings

By Coverager ·

Equitable will continue to provide direct policyholder administration and support.

Business

NSM Insurance Group to sell US commercial insurance division

By Coverager ·

The closing is subject to regulatory approvals.

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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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