Company Archive

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Redkik partnered with Fortress Logistics Insurance Services AIG partnered with Parametrix Open Insurance picks Theo in Admin Housecall Pro partnered with Coverdash autoMHatic Financial partnered with CoverTree Bommarito Automotive Group partnered with AutoComplete Bravura Solutions raised $70.58M Mainstay Underwriting picks Wilbur in Claims Zurich Group Germany picks Guidewire in Admin Axle raised $17.5M Central Insurance picks Plnar in Claims New Age Underwriters Agency picks Slice Labs in Sales Storebrand raised $31.54M LayoverGuard raised $100K WAICA Reinsurance raised $50M

Allstate opens claims training campus in Dallas

By Shefi Ben-Hutta

Claims professionals will train on collision, flood, hail and structural damage, as well as repairs involving airbags, cameras, sensors and advanced driver-assistance systems.

Member News

Herald Raises $12 Million to Revolutionize Insurance Connectivity with AI-Powered Solutions

By Herald ·

Previously published here. New York, NY – October 16, 2024 – Herald, the leading digital infrastructure provider for commercial insurance, announced a $12 million Series A funding round co-led by...

Business

Independence Pet Holdings names second CEO in a year

By Coverager ·

IPH is the lesser-known name behind Embrace, Pumpkin, Pets Best, and PetPlace.

Product

Next Insurance expands agency partnerships with GEICO

By Shefi Ben-Hutta ·

This is the second agency Next Insurance has partnered with this month.

Investments

DeNexus raises $17.5 million

By Coverager ·

AXA XL participated in the round.

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.

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Member News

7 Takeaways from the Big Data and Artificial Intelligence Working Group at the NAIC 2026 Summer National Meeting

By Yo Sub Kwon, Voltaire ·

Big ‘I’ report shows a stabilizing insurance market

By Vertafore ·

Adjusto launches AI-Native contents claims services powered by its technology platform

By GoAdjusto ·

OneShield Appoints Rick Becker as Senior Vice President, New Products

By Debbie Ryan, OneShield ·

Insurance Intake Gets a Branding Layer, as Canopy Connect Introduces Trailhead

By Insurance Verification, Canopy Connect, Inc. ·

How AI is Changing Insurance Reconciliation Workflows

By Vertafore ·

Fuse Launches Financial Institutions Hub

By Sean Bourgeois, Fuse ·

From Uncertainty to Underwriting: How Specialty Markets Arise

By Vertafore ·

5 Reasons Carriers & MGAs Are Moving to the Cloud

By Vertafore ·

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