Company Archive

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Chubb partnered with Victor Markel partnered with Healix Chubb partnered with EyeMed Vision Care Coverdash partnered with 7shifts Zurich Group Germany partnered with eichels Zurich Group Germany picks Hakuna in Claims Quartz Claims picks Ravin AI in Claims Verisk picks Truepic in Claims ISB Global Services picks Truepic in Claims AccuQuote Insurance picks Fletch Technologies in Sales egaranti raised $1.1M Meanwhile raised $37.5M Clasp raised $13.25M Insuraviews raised $750K TODAY raised $3.14M

GTCR and Elliott to acquire CCC in $6.1 billion deal

By Shefi Ben-Hutta

Upon completion, CCC will become privately held and its shares will be delisted from Nasdaq.

Business

CRC Group acquires ARC Excess & Surplus

By Coverager ·

ARC will join CRC Specialty, continuing to operate under its existing leadership team.

Business

Velocity announces sale of Velocity Specialty Insurance Company

By Coverager ·

This transaction follows the earlier sale of VRU to Ryan Specialty for $525 million.

Business

MIB acquires Clareto

By Coverager ·

Munich Re Life US acquired Clareto in 2022.

Innovation

Ping An activates emergency task force following fatal US traffic accident

By Coverager ·

As of May 3, no Ping An policyholders have been identified among the victims.

Business

Axcelus Financial strengthens distribution team

By Coverager ·

Axcelus Financial is a provider of private placement life insurance and annuities.

Investments

Pacific Crest Services secures investment from Long Ridge Equity Partners

By Coverager ·

Terms of the investment were not disclosed.

Business

Hippo: From Palo Alto to San Jose

By Coverager ·

The relocation involved less than half the square footage of its previous office.

Member News

May the Fourth Be With You: Supercharging Claims Adjusters 4x with Agentic AI

By Robin Roberson ·

In the vast expanse of the insurance universe, a transformative force has emerged-Agentic AI. Like the Jedi of lore, these intelligent agents are revolutionizing the claims landscape, bringing balance and efficiency to traditionally manual processes.

Business

Erie names Angela Dix VP and WI branch manager

By Coverager ·

Dix has served as a district sales manager in Indiana since 2017.

Financials

GEICO ends Q1 with $2.1 billion profit

By Avi Ben-Hutta ·

Premiums written increased $710 million.

Marketing

Acrisure rebrands Sutton Winson as Acrisure UK Broking Limited

By Coverager ·

The announcement follows Acrisure’s ongoing brand-building efforts in the UK.

Business

Sentry Insurance announced that Pete Anhalt will lead The General

By Coverager ·

The move combines Dairyland’s national independent agent network with The General’s direct-to-consumer platform.

Strategy

Allstate reports Q1 2025 results

By Shefi Ben-Hutta ·

Allstate plans to continue investing in advertising as long as it drives profitable growth.

Product

Patriot Select approved to enter Florida homeowners market

By Coverager ·

Patriot Select will focus on independent agent distribution.

Financials

Trupanion’s Landspath is in advanced incubation

By Shefi Ben-Hutta ·

The pet insurer also reported a monthly average profit per pet of $9.15.

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Featured Jobs

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Member News

Vertafore automates policy processing with two new Velocity AI agents for independent agencies

By Vertafore ·

OneShield Appoints Terry Brown Chief Insurance Officer

By Debbie Ryan, OneShield ·

How AI is Changing Insurance Document Research

By Vertafore ·

Ascend Introduces Cora, an AI Coworker Designed to Enhance Automation, Starting with Commissions Reconciliation

By Ascend ·

reThought Flood selects Vertafore to expand access to private flood coverage

By Vertafore ·

Zywave Horizon: Cyber Risk NYC Brings Cyber Risk Leaders Together at a Crucial Moment as Market Forces Shift

By Zywave ·

Vertafore earns industry honors for innovation shaping the future of insurance technology

By Vertafore ·

2027 Insurance Trends: The Math is Getting More Complicated

By Evy Strom, ePayPolicy ·

How the Insurance Industry Can Drive Growth in the Age of AI

By Zywave ·

Flood Insurance vs. Home Insurance

By Melanie Musson, Clearsurance ·

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