Company Archive

Coverager Data

Hagerty partnered with Barrett-Jackson ING Group partnered with bolttech Protect My Let partnered with Addept Insurance Services Addept Insurance Services partnered with Salvation Army General Insurance Ageas UK partnered with Wrisk Cleerly Mortgages picks Acre in Admin Leavitt Group picks FurtherAI in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M KOBAN SÜDVERS picks CyberCube in Risk Mitigation AIG picks Poetic in Underwriting Elpha Secure picks Ketch in Risk Mitigation Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M Chubb raised $574.2M

Cleerly Mortgages selects Acre as CRM platform

By Shefi Ben-Hutta

Acre, which was acquired by ClearScore, has raised $14.6 million from investors including Aviva Ventures, Founders Factory, McPike Global Family Office, and Sesame Bankhall Group.

Business

SiriusPoint announces changes to chief underwriting office

By Coverager ·

From January 1, 2025, Anthony Shapella will be promoted into the role of Group Chief Underwriting Officer.

Innovation

Travelers appoints Volkswagen Insurance

By Shefi Ben-Hutta ·

The company’s principal office is located at 1950 Opportunity Way, Suite 1500, Reston, VA 20190—the headquarters of Volkswagen Group of America.

Investments

Agicap raises $48 million

By Gabriella Ben-Hutta ·

Treasury management platform Agicap announced a $48 million Series C funding round led by AVP.

Business

Progressive Home to discontinue Dwelling Fire line of business

By Coverager ·

DP-3 policies represented 3.6% of all Progressive property policies as of September 30, 2024.

Business

Principal names Deanna Strable next president and CEO

By Coverager ·

Strable succeeds Dan Houston, who will continue to serve as executive chair of the Board.

Emerald Bay Risk Solutions launches inaugural casualty program

By Coverager ·

The program will provide capacity for an excess liability facility for high-end co-op and condominium buildings in New York City.

Financials

SelectQuote reports Q1 2025 financial results

By Shefi Ben-Hutta ·

SelectRx membership surpassed 86,000, a 64% year-over-year increase.

Technology

Ondo InsurTech Plc has expanded its partnership with Nationwide

By Shefi Ben-Hutta ·

Ondo is a home insurance claims prevention technology company.

Member News

Branch Enhances Claims Operations with Kyber’s AI-Powered Platform, Achieving Significant Efficiency Gains

By Kyber ·

“Branch’s results underscore the power of Kyber’s AI to not only speed up operational processes but also drive consistency and compliance across claims handling,” said Sav Gadoo, Co-Founder of Kyber.

Business

Direct Line to cut 550 jobs

By Coverager ·

The UK-based insurer hopes to deliver an additional £50 million of cost savings next year.

Business

MDS acquires Cobian

By Gabriella Ben-Hutta ·

Madrid-based Cobian is focused on commercial insurance, particularly in industrial risks, energy, construction and financial lines.

Innovation

Bishop Street Underwriters acquires Ethos Specialty’s transactional liability unit

By Coverager ·

Launched in 2023, Bishop Street Underwriters focuses on making strategic investments across specialty property and casualty markets.

Member News

Gen Z talent is a rising star for independent insurance agencies

By Vertafore ·

A new generation is making their way to industry careers

Innovation

Windward launches Advanced Intelligence

By Shefi Ben-Hutta ·

Windward is a Maritime AI™ company that offers a platform for risk management and maritime domain awareness.

Business

Winston Hall moves into new role

By Coverager ·

Hall has worked at The Standard since 2022.

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Member News

What 6,000 Insurance Leaders Were Actually Whispering About at Insurtech Insights USA

By Justin Jaksha, ePayPolicy ·

10 Cheapest Home Insurance Companies in Florida

By Melanie Musson, Clearsurance ·

Scaling Carrier Client Experience Starts Behind the Scenes

By Vertafore ·

Ivans Index May 2026 Results Released

By Michael Streit, Applied Systems ·

The Plaintiff Bar Brought AI to the Claim File. Carriers Should Arm the Adjuster.

By Yo Sub Kwon, Voltaire ·

Producerflow Launches Partner Portal to Modernize Carrier Collaboration with Distribution Partners

By Ido Deutsch, Producerflow ·

Why Cyber Insurance's "Fire Sale" Won't Last

By Zywave ·

Shadow Accounting in Insurance Compensation

By Vertafore ·

Sircon Compensation recognized for helping carriers turn agent compensation into a competitive advantage

By Vertafore ·

How Carriers Can Help AI Pilots Take Off

By Vertafore ·

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