Company Archive

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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.

Investments

INSHUR raises $19 million

By Avi Ben-Hutta ·

The investment will enable the business to continue scaling its operations globally.

Business

Nayya expands leadership team

By Coverager ·

This comes after recent venture financing from MetLife Ventures, ADP Ventures, and Workday Ventures.

Product

APIC seeks 45% rate increase in California

By Shefi Ben-Hutta ·

The proposed rate adjustment would increase total written premiums by $31.4 million.

Business

Ageas announces exclusive negotiations with Saga

By Coverager ·

Saga had ~1.4 million policies in force as of July 31, 2024.

Investments

OneClick Data raises $7.2 million

By Avi Ben-Hutta ·

The company now serves more than 1,300 customers including over 40 insurance carriers and suppliers.

Product

Homesite withdraws manufactured home product in Oregon

By Coverager ·

The Manufactured Home product was brokered through AEGIS General Insurance Agency.

Investments

Volt launches with $25 million capacity for power and renewable energy risks

By Coverager ·

Volt offers coverage for conventional power and renewable energy clients.

Strategy

SoFi expands loan platform with $2 billion agreement with Fortress Investment Group

By Coverager ·

The deal strengthens SoFi's loan platform.

Investments

Zinnia secures $300 million financing from Vista Credit Partners

By Coverager ·

Zinnia has also made headlines for its acquisitions of Breathe Life, Policygenius, and the life and annuity assets of Ebix.

Business

HEMIC receives Rating of “A” (Excellent) from AM Best – 2024

By Gabriella Ben-Hutta ·

HEMIC is the largest provider of workers’ compensation insurance in Hawaii and has maintained an “A” rating from AM Best every year since they were first rated in 2007.

Strategy

Toyota Insurance partners with Lemonade

By Shefi Ben-Hutta ·

Toyota aims to cross-sell home and renters insurance.

Member News

Millions of Animal Lovers Can Now Access Quality Pet Insurance via API-enabled Partnership Between Bindable and Pets Best

By Mary Clare Riordan ·

"With decades of experience and proven technology, we knew Bindable was the right partner to enhance our go-to-market strategy." - Pets Best CEO, Melissa Gutierrez.

Business

Tokio Marine HCC to launch US Excess Casualty business

By Coverager ·

TMHCC’s entry into this space will provide insureds new capacity as limit retrenchment continues amid challenging loss cost trends.

Product

Root seeks first-ever renters insurance rate increase in Tennessee

By Coverager ·

Most policyholders (about 415) will experience rate increases between 55% and 70%, with some seeing a maximum increase of 71.6%.

Financials

Progressive reports 93.4% CR for September

By Avi Ben-Hutta ·

Progressive generated net income of $584.6 million.

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Member News

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 ·

Vertafore earns fourth consecutive Excellence in Customer Service Award

By Vertafore ·

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