Company Archive

Coverager Data

Open Insurance picks Theo in Admin Redkik partnered with Fortress Logistics Insurance Services Housecall Pro partnered with Coverdash autoMHatic Financial partnered with CoverTree Bommarito Automotive Group partnered with AutoComplete Bravura Solutions raised $70.58M Mainstay Underwriting picks Wilbur in Claims Zurich Group Germany picks Guidewire in Admin TruStage partnered with Empathy Axle raised $17.5M Central Insurance picks Plnar in Claims New Age Underwriters Agency picks Slice Labs in Sales Storebrand raised $31.54M Consint raised $2.31M Athene raised $1B

Salty relaunches as AI-native insurance provider

By Shefi Ben-Hutta

Salty initially offered an embedded insurance platform that allowed consumers to purchase auto insurance during the car-buying process.

Innovation

Lemonade partners with ZestyAI

By Coverager ·

Lemonade has adopted the ZestyAI platform to further optimize underwriting for key catastrophe perils in the US.

Business

ServiceNow expands AI capabilities with $2.9 billion acquisition of Moveworks

By Coverager ·

The move enhances ServiceNow’s agentic AI capabilities.

Business

Gracie Point Holdings launches GP Affluent Markets

By Shefi Ben-Hutta ·

Backed by investments from Kuvare and Hudson Structured Capital Management.

Financials

Hannover Re reports strong 2024 financial results

By Coverager ·

Guidance for 2025 confirmed: Group net income of around EUR 2.4 billion.

Strategy

Fortitude Re strikes $3.4 billion reinsurance deal with Unum

By Coverager ·

Unum will continue to service and administer the reinsured policies.

Technology

FIS launches Treasury GPT

By Coverager ·

The tool was developed in collaboration with Microsoft Azure OpenAI Service.

Strategy

Nassau County renews partnership with Empower

By Coverager ·

The new five-year contract commenced Jan. 1, 2025, and is in effect until Dec. 31, 2029.

Investments

American European Insurance Group files $7 million SEC Form D

By Coverager ·

AEIG offers a range of commercial and personal insurance products.

Business

Chubb creates new North America Small & Lower Midmarket division

By Coverager ·

Rob Poliseno has been appointed Division President, Small & Lower Midmarket.

Business

NJM Announces the Retirement of President & CEO Mitch Livingston

By Coverager ·

Carol Voorhees, NJM’s Executive Vice President & Chief Operating Officer, has been selected by the company’s Board of Directors to succeed Livingston.

Investments

Norm Ai raises $48 million

By Coverager ·

New York Life Ventures participated in the round.

Business

Venbrook partners with Crum & Forster

By Coverager ·

Venbrook also announced the launch of the company's first International Travel practice.

Investments

Assurant Ventures invests in Automotive Ventures’ Mobility Fund II

By Coverager ·

The Automotive Ventures Mobility Fund II is the firm’s third fund.

Member News

Vitesse and Five Sigma Partner to Expedite Payments and Enhance Customer Experience in Insurance Claims

By Oded Barak ·

Vitesse and Five Sigma partner to accelerate insurance claims payouts by integrating AI claims management with real-time payments. This enables insurers, MGAs, and TPAs to reduce cycle times and enhance policyholder experience.

Business

Fairfax announces CFO transition and new leadership roles

By Coverager ·

Sherk most recently served as CFO of Fairfax India Holdings.

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Member News

7 Takeaways from the Big Data and Artificial Intelligence Working Group at the NAIC 2026 Summer National Meeting

By Yo Sub Kwon, Voltaire ·

Big ‘I’ report shows a stabilizing insurance market

By Vertafore ·

Adjusto launches AI-Native contents claims services powered by its technology platform

By GoAdjusto ·

OneShield Appoints Rick Becker as Senior Vice President, New Products

By Debbie Ryan, OneShield ·

Insurance Intake Gets a Branding Layer, as Canopy Connect Introduces Trailhead

By Insurance Verification, Canopy Connect, Inc. ·

How AI is Changing Insurance Reconciliation Workflows

By Vertafore ·

Fuse Launches Financial Institutions Hub

By Sean Bourgeois, Fuse ·

From Uncertainty to Underwriting: How Specialty Markets Arise

By Vertafore ·

5 Reasons Carriers & MGAs Are Moving to the Cloud

By Vertafore ·

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