Company Archive

Coverager Data

Managing Agency Partners picks ZestyAI in Underwriting ThreeFlow partnered with Employee Navigator bolttech partnered with Jubilee Insurance Progressive partnered with Winnebago Industries Klaimee partnered with Algorithmic Insurance Services Coverwatch raised $4.5M Hippo picks Anthropic in Admin Brown & Brown picks Anthropic in Admin North American Company partnered with North American Company Klaimee raised $5.5M Mayflower Specialty picks Loro Insurtech in Sales Manulife picks Microsoft in Admin PremFina raised $541.32M American Growth Insurance raised $70M PolicyStreet raised $5M

Mapfre to acquire Safety Insurance for $1.54 billion

By Shefi Ben-Hutta

Safety shareholders will receive $105 per share, representing a 44% premium to the insurer’s closing stock price on July 23, 2026.

Business

Keystone Agency Partners acquires Myers, Benner Corporation

By Coverager ·

Myers, Benner specializes in serving towing operations, garages, truck dealerships, and school districts.

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%.

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Featured Jobs

Director, Partner Distribution

Coterie

Sales Executive, Personal Insurance

Travelers

Senior Actuairal Assistant - Pet Product Management

Physicians Mutual Insurance Company, Inc.

Learning, Development & Capability Enablement Lead

Great American Insurance Group

Carrier Consolidation Specialist, Personal Insurance

Travelers

Member News

From System of Record to System of Action: AI in the AMS

By Anupam Gupta, Applied Systems ·

Cytora and InformData Join Forces to Embed Verifiable People Data into Commercial Risk Processing

By Richard Hartley, Applied Systems ·

The MGA Talent Cliff Is Here. What's Your Plan?

By Vertafore ·

AI-Powered Workflows Inside Your Agency Management System

By Vertafore ·

InsurGrid Launches Intake-to-ACORD Workflow for Commercial Insurance Agencies

By InsurGrid Team, InsurGrid ·

Ivans Index Q2 2026 Results Released

By Michael Streit, Applied Systems ·

How AI is Transforming Insurance Research and Decision-Making

By Vertafore ·

EZLynx Partners with First Connect to Bring All-in-One AMS to Member Agents

By Rob Bourne, EZLynx ·

Dearborn Labs Announces Launchpad, an AI Insurance Accelerator That Funds and Builds AI Infrastructure for MGAs

By Alec Martins, Clearcover ·

Regulators Don’t Want an AI Policy. They Want Receipts.

By Yo Sub Kwon, Voltaire ·

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Genway AI

By Shefi Ben-Hutta ·

Receipts

By Gabriella Ben-Hutta ·

FACETS

By Gabriella Ben-Hutta ·

Fusion Partnerships

By Gabriella Ben-Hutta ·

Global Warranty

By Shefi Ben-Hutta ·

FPS

By Gabriella Ben-Hutta ·

Keegan & Pennykid

By Gabriella Ben-Hutta ·

Cedar Rose

By Gabriella Ben-Hutta ·

Falcone Associates

By Gabriella Ben-Hutta ·

Dominick Falcone Agency

By Gabriella Ben-Hutta ·

Lenox Advisors

By Shefi Ben-Hutta ·

Keystone Natural

By Shefi Ben-Hutta ·

Phenaros Pharmaceuticals

By Gabriella Ben-Hutta ·

Selta Square

By Gabriella Ben-Hutta ·

Shelter Bay Marine

By Gabriella Ben-Hutta ·

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Featured Jobs

Director, Partner Distribution

Coterie

Sales Executive, Personal Insurance

Travelers

Senior Actuairal Assistant - Pet Product Management

Physicians Mutual Insurance Company, Inc.

Learning, Development & Capability Enablement Lead

Great American Insurance Group

Carrier Consolidation Specialist, Personal Insurance

Travelers

Member News

From System of Record to System of Action: AI in the AMS

By Anupam Gupta, Applied Systems ·

Cytora and InformData Join Forces to Embed Verifiable People Data into Commercial Risk Processing

By Richard Hartley, Applied Systems ·

The MGA Talent Cliff Is Here. What's Your Plan?

By Vertafore ·

AI-Powered Workflows Inside Your Agency Management System

By Vertafore ·

InsurGrid Launches Intake-to-ACORD Workflow for Commercial Insurance Agencies

By InsurGrid Team, InsurGrid ·

Ivans Index Q2 2026 Results Released

By Michael Streit, Applied Systems ·

How AI is Transforming Insurance Research and Decision-Making

By Vertafore ·

EZLynx Partners with First Connect to Bring All-in-One AMS to Member Agents

By Rob Bourne, EZLynx ·

Dearborn Labs Announces Launchpad, an AI Insurance Accelerator That Funds and Builds AI Infrastructure for MGAs

By Alec Martins, Clearcover ·

Regulators Don’t Want an AI Policy. They Want Receipts.

By Yo Sub Kwon, Voltaire ·