Company Archive

Coverager Data

Foyer Group picks Tractable in Claims Zurich Australia partnered with Crop Risk Underwriting Ventis Insurance partnered with Bravo Networks USI Insurance Services partnered with CNA Insurance GuardianPointe picks ZestyAI in Underwriting Hagerty partnered with Barrett-Jackson ING Group partnered with bolttech Ameriprise Financial raised $750M 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 Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M

An 84-year reign came to an end, and more

By Shefi Ben-Hutta

May 2026 was a month of endings. An 84-year reign. A California market that keeps getting smaller. A workforce reduction attributed, plainly, to AI.

Business

MRI Software acquires Insurent

By Avi Ben-Hutta ·

Insurent has guaranteed more than $1 billion in rent exposure since inception.

Business

Markel to acquire a majority interest in Valor

By Coverager ·

Valor is an environmental services company.

Business

DeadHappy enters administration

By Avi Ben-Hutta ·

The life insurance startup has filed for bankruptcy.

Investments

IBISA raises $3 million

By Coverager ·

The startup has operated in 4 different continents.

Business

Flock partners with Admiral

By Coverager ·

‍The partnership will enable Flock to expand its offering.

Innovation

Westfield Insurance’s 1848 Ventures: Pioneering AI-powered B2B SaaS for SMBs

By Gabriella Ben-Hutta ·

1848 Ventures is a wholly-owned subsidiaries of Westfield.

Business

Flyhomes acquires ZeroDown

By Gabriella Ben-Hutta ·

ZeroDown is a San Francisco-based startup backed by OpenAI CEO Sam Altman that develops AI-fueled software for prospective homebuyers.

Business

AXIS launches Incident Commander

By Coverager ·

Incident Commander will be led by Nicholas P.R. Steinmann.

Business

Avail has a new offering

By Avi Ben-Hutta ·

Avail competes with the likes of Turo and Getaround.

Financials

PCF Insurance acquires 4 agencies

By Coverager ·

PCF continues to build an active M&A pipeline, seeking to acquire profitable insurance businesses.

Business

Ambac to launch Tara Hill

By Coverager ·

Tara Hill will develop an Excess & Surplus portfolio with a focus on private Management Liability and Miscellaneous Professional Liability coverages.

Strategy

GM promotes Baris Cetinok and Dave Richardson to lead software and services

By Shefi Ben-Hutta ·

And GM Financial withdraws deposit insurance application.

Business

R&Q to sell Inceptum

By Coverager ·

R&Q will receive £11.25 million for the sale of the shares in Inceptum, payable in cash.

Innovation

Westfield Insurance to offer Ting devices

By Avi Ben-Hutta ·

Westfield will provide Ting at no cost to 10,000 home and condo customers this year.

Product

Trawick International launches student insurance plans

By Coverager ·

The Trawick International Collegiate Care plans offer alternatives to traditional college or university health insurance for international students.

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Member News

ITC Infotech and InsureMO Partner to Bring AI-Driven Insurance Modernisation to Middle East, Africa, and India

By InsureMO, InsureMO ·

Buying Claims AI Is the Easy Part. This is How Two Claims Organizations are Making It Stick.

By Yo Sub Kwon, Voltaire ·

Zywave Announces 2026 Cyber Risk Award Winners

By Zywave ·

What Happens When Insurance Carrier Experts Retire?

By Vertafore ·

What 6,000 Insurance Leaders Were Actually Whispering About at Insurtech Insights USA

By Justin Jaksha, ePayPolicy ·

10 Cheapest Home Insurance Companies in Florida

By Melanie Musson, Clearsurance ·

Scaling Carrier Client Experience Starts Behind the Scenes

By Vertafore ·

Ivans Index May 2026 Results Released

By Michael Streit, Applied Systems ·

The Plaintiff Bar Brought AI to the Claim File. Carriers Should Arm the Adjuster.

By Yo Sub Kwon, Voltaire ·

Producerflow Launches Partner Portal to Modernize Carrier Collaboration with Distribution Partners

By Ido Deutsch, Producerflow ·

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