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

Sigo Seguros raises $10.5 million

By Avi Ben-Hutta ·

The Austin-based startup targets immigrants and working-class communities.

Business

Akur8 acquires Arius

By Coverager ·

The Arius software helps insurers manage risk and improve financial performance.

Business

Coalition introduces Coalition Re

By Coverager ·

Coalition Re provides capacity for non-proportional cyber reinsurance treaties.

Strategy

As temperatures rise, 89,500 commercial conversions could become uninhabitable

By Coverager ·

Zurich UK cautions appetite for converting commercial buildings into residential homes as subpar conversions may not be climate futureproof.

Strategy

Zurich Canada launches apprentice program with Seneca Polytechnic

By Coverager ·

The Zurich Apprenticeship Program provides candidates with a fully-funded enrollment in the Business – Insurance diploma program at Seneca Polytechnic.

Technology

SoundHound AI acquires Amelia

By Shefi Ben-Hutta ·

SoundHound AI is backed by Sompo Holdings.

Investments

Oyster raises $59 million

By Gabriella Ben-Hutta ·

Oyster is a payroll and HR platform that specializes in distributed workforces.

Product

American National named a Barron’s Top 100 Annuity

By Coverager ·

American National is a provider of annuities, life insurance, retirement solutions, and P&C products.

Innovation

A-G Specialty Insurance acquires Bollinger TPA Services

By Coverager ·

Gallagher had originally acquired Bollinger TPA Services in 2014.

Strategy

Zurich Australia appoints Chief Risk Officer

By Coverager ·

Wainwright will succeed Jaimie Sach, who is retiring after serving as Chief Risk Officer at Zurich since 2019 and a distinguished 30-year career in the wealth industry.

Investments

MSI invests in Asian health insurance MGA

By Coverager ·

MSI is the largest non-life insurance group in the ASEAN region by gross written premiums and has identified health insurance as a key area for growth.

Product

Travelers Canada introduces OPTIMA® Home

By Gabriella Ben-Hutta ·

New property insurance product available for homeowners, tenants, condominium and landlord policies in Ontario and Western Canada

Strategy

Tune Protect focuses on travel segment

By Coverager ·

The company also plans to introduce new, targeted insurance products.

Technology

Gridspace enhances AI voice agent Grace

By Shefi Ben-Hutta ·

USAA is an investor.

Investments

Modern health benefits startup Thatch raises $38 million

By Shefi Ben-Hutta ·

This brings Thatch's total funding to $44 million.

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