Company Archive

Coverager Data

Chubb partnered with EyeMed Vision Care Coverdash partnered with 7shifts Chubb partnered with Victor USAA partnered with Devoted Health Markel partnered with Healix Zurich Group Germany picks Hakuna in Claims Quartz Claims picks Ravin AI in Claims Verisk picks Truepic in Claims ISB Global Services picks Truepic in Claims AccuQuote Insurance picks Fletch Technologies in Sales egaranti raised $1.1M Meanwhile raised $37.5M Clasp raised $13.25M Insuraviews raised $750K TODAY raised $3.14M

GTCR and Elliott to acquire CCC in $6.1 billion deal

By Shefi Ben-Hutta

Upon completion, CCC will become privately held and its shares will be delisted from Nasdaq.

Business

Aon to acquire insurance agency of Mitsubishi Chemical Group

By Coverager ·

The firms will continue to operate independently until the transaction is completed, which is expected in early 2025.

Investments

Range raises $28 million

By Coverager ·

Range offers a wealth management platform.

Product

Hamilton Re expands Into Credit, Bond and Political Risk Reinsurance

By Coverager ·

The company has appointed Sergio Lottimore to the role of Vice President, Credit, Bond and Political Risk Reinsurance.

Investments

Abacus Life closes $100 million public offering

By Coverager ·

Abacus Life is the only life settlement company that's publicly traded.

Investments

MoneyLion secures $70 million loan facility

By Coverager ·

Progressive is a client.

Investments

Getty Realty closes $125 million private placement of senior unsecured notes

By Coverager ·

The financing helps Getty manage its upcoming debt payments and fund future investments.

Technology

Ondo Insurtech partners with Indiana Farm Bureau Insurance

By Shefi Ben-Hutta ·

The agreement aims to deploy LeakBot in at least 10,000 homes over the next year, with a minimum term of two years.

Business

Bishop Street Underwriters to scquire Landmark Underwriting

By Coverager ·

The acquisition is subject to United Kingdom’s Financial Conduct Authority regulatory approval.

Financials

Branch Insurance Exchange reports Q3 2024 results

By Avi Ben-Hutta ·

The reciprocal reported a net underwriting loss of $50.7 million for the nine months of the year.

Business

Sony Financial Group to acquire justInCase

By Avi Ben-Hutta ·

The startup publicly disclosed ~$11 million in funding.

Innovation

Swiss startup Poncho raises $617k

By Coverager ·

Poncho offers a weather guarantee solution for businesses.

Technology

Canara HSBC Life launches OmniGen AI

By Coverager ·

OmniGen AI analyzes underwriting guidelines, risk profiles, and risk model outputs.

Business

Alliant launches Government Contractors focused segment

By Coverager ·

The segment will be led by Bryan Salek and Angela Kirby.

Innovation

John Hancock offers latest Apple watch models through Vitality program

By Coverager ·

Vitality PLUS members can earn an Apple Watch starting at $25.

Strategy

Prudential Advisors integrates with LPL Financial

By Coverager ·

The transition included onboarding $25 billion in assets to LPL’s platform.

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Member News

Vertafore automates policy processing with two new Velocity AI agents for independent agencies

By Vertafore ·

OneShield Appoints Terry Brown Chief Insurance Officer

By Debbie Ryan, OneShield ·

How AI is Changing Insurance Document Research

By Vertafore ·

Ascend Introduces Cora, an AI Coworker Designed to Enhance Automation, Starting with Commissions Reconciliation

By Ascend ·

reThought Flood selects Vertafore to expand access to private flood coverage

By Vertafore ·

Zywave Horizon: Cyber Risk NYC Brings Cyber Risk Leaders Together at a Crucial Moment as Market Forces Shift

By Zywave ·

Vertafore earns industry honors for innovation shaping the future of insurance technology

By Vertafore ·

2027 Insurance Trends: The Math is Getting More Complicated

By Evy Strom, ePayPolicy ·

How the Insurance Industry Can Drive Growth in the Age of AI

By Zywave ·

Flood Insurance vs. Home Insurance

By Melanie Musson, Clearsurance ·

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