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.

Product

Transamerica introduces final expense insurance powered by Bestow

By Coverager ·

FE Express is powered by Bestow.

Business

Caroline Feeney named chair of LL Global

By Gabriella Ben-Hutta ·

Feeney, CEO of Prudential’s U.S. businesses, will lead the nonprofit financial services industry organization in 2025.

Business

American Family raises minimum wage to $25 per hour

By Gabriella Ben-Hutta ·

This is the third time since 2020 that American Family group has raised its minimum wage.

Business

Wefox appoints new CEO

By Avi Ben-Hutta ·

It was reported that Wefox was looking to replace Hartigan after the German insurance startup’s board rejected a proposal by its largest stakeholder.

Business

Functional Finance raises $20 million

By Avi Ben-Hutta ·

Functional Finance's platform offers solutions that simplify invoicing, premium payments, collections, reconciliation, and more.

Business

Prudential Financial introduces Stop Loss Insurance

By Coverager ·

Prudential’s Stop Loss product suite is available to employers with self-funded medical and prescription drug plans that cover at least 100 employees.

Business

Pineapple Financial launches Pineapple Insurance

By Avi Ben-Hutta ·

The company claims that its insurance business will operate in Ontario, Manitoba, British Columbia, and Alberta.

Business

AIG appoints Keith Walsh Executive Vice President, Chief Financial Officer

By Coverager ·

Walsh will report to AIG Chairman & Chief Executive Officer, Peter Zaffino.

Business

Pivix announces official launch

By Coverager ·

Pivix will offer property and casualty coverages for targeted segments and products will be distributed exclusively through wholesale brokers.

Innovation

Allianz Partners launches new claims portal and adopts AI

By Coverager ·

Allianz Partners USA unveiled their new Universal Claims Portal.

Business

WTW launches document protection platform

By Coverager ·

Indigo Vault encryption uses U.S National Institute for Standards & Technology.

Business

HDI Global launches US Inland Marine unit

By Coverager ·

The new unit will be led by Rebecca Molosky.

Business

Munich Re North America Life launches longevity reinsurance solution to US and Canada markets

By Coverager ·

Clients can pass on longevity risk by converting uncertain future pension or annuity payments into a fixed cash flow stream, locking in mortality assumptions and a fee at inception.

Investments

Legal & General announces sale of CALA Group

By Coverager ·

The consideration for the sale will result in cash proceeds of £1.16 billion.

Investments

BlackCloak raises $17 million

By Avi Ben-Hutta ·

BlackCloak is a cybersecurity company for executives, high-net worth individuals, and family offices.

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