Company Archive

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Vertafore picks Floatbot in Admin HOA Insurance Agency partnered with Travelers DUAL North America picks .406 Ventures in Underwriting 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 Klaimee raised $5.5M 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

WTW to sell TRANZACT

By Coverager ·

The sale is expected to close by the end of 2024.

Investments

Dai-ichi Life backs Sakana AI

By Gabriella Ben-Hutta ·

Sakana AI raised $70 million in a Series A funding round.

Investments

Nym raises $47 million

By Coverager ·

Nym has developed an engine that analyzes patient medical records to facilitate communication with insurance companies.

Business

Ripe acquires Munich Re Specialty’s GJW Direct

By Coverager ·

The transaction is set to complete in the first half of 2025.

Investments

Air Doctor raises $20 million

By Avi Ben-Hutta ·

Munich Re Ventures and Tokio Marine participated in the round.

Technology

RapidSOS acquires eDispatches

By Coverager ·

Mesirow advised eDispatches on its sale to RapidSOS.

Member News

3 Reasons Not to Get Your Adjusters a Florida DHS

By AgentSync ·

There are a number of things that make adjuster licensing so fraught. One of them is that there’s not a single agreed-upon standard for adjusters the way there is for producers.

Business

Ford introduces EV initiative

By Avi Ben-Hutta ·

The company said that it had learned how important home charging is to overall electric vehicle adoption.

Business

CFC opens first office in Spain

By Coverager ·

CFC has appointed Filippo Cibin as Team Leader.

Marketing

Millennial Specialty Insurance unveils new brand

By Coverager ·

The new brand will be rolled out across the company’s updated website and its LinkedIn page.

Business

Figo surpasses 200,000 pet insurance policies

By Coverager ·

Figo was founded in 2013.

Product

Elixir launches AI-driven MGA

By Coverager ·

The MGA will first focus on cyber insurance.

Business

Marsh to acquire McGriff Insurance Services

By Coverager ·

Marsh McLennan will pay $7.75 billion in cash consideration.

Strategy

Visa to acquire Featurespace

By Coverager ·

Visa and Featurespace are working together to manage payment fraud in real-time.

Technology

FICO and Jersey Telecom tackle authorised push payment fraud

By Coverager ·

Early implementations by UK banks have seen significant reductions in fraud and false positives, providing effective real-time intervention against scams.

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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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