Company Archive

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Housecall Pro partnered with Coverdash autoMHatic Financial partnered with CoverTree Bommarito Automotive Group partnered with AutoComplete Mainstay Underwriting picks Wilbur in Claims Zurich Group Germany picks Guidewire in Admin TruStage partnered with Empathy Healthy Paws partnered with DogPack Axle raised $17.5M Central Insurance picks Plnar in Claims New Age Underwriters Agency picks Slice Labs in Sales National General picks Axle in Sales Storebrand raised $31.54M Consint raised $2.31M Athene raised $1B Faye raised $50M

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.

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.

Business

Aflac launches new accident policy

By Coverager ·

The product is available in 32 states.

Strategy

InvestCloud partners with Apollo to expand private markets access

By Shefi Ben-Hutta ·

The partnership allows InvestCloud’s clients to incorporate Apollo’s private market model portfolios into their advisory platforms.

Financials

Donegal reports Q4 and full-year 2024 results

By Coverager ·

Donegal Group operates in a total of 21 states.

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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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