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.

Financials

Brighthouse Financial reports Q3 2024 results

By Coverager ·

Brighthouse reported strong Shield annuity sales, reaching $5.8 billion year-to-date—a 15% increase over 2023.

Investments

BellTower Partners closes private investment in Ascot Group

By Coverager ·

BellTower upsized its private financing of Ascot due to strong demand from investors.

Ruby Re closes second round of funding

By Coverager ·

The second round includes capital commitments from AllianceBernstein L.P., EnTrust Global, and Enstar Group.

Business

Securian Canada launches Creditor Insurance Digital Discovery Tool

By Coverager ·

The educational tool is available for lenders in both English and French.

Business

TownSq partners with Thumbtack

By Gabriella Ben-Hutta ·

Homeowners in TownSq communities will now be able to find and hire local service professionals directly within the TownSq app.

Financials

2024 has been a challenging year for Selective

By Shefi Ben-Hutta ·

Full-year guidance points to high single-digit ROE, falling short of the 12% target.

Business

Risk Strategies acquires Felsen Insurance Services

By Gabriella Ben-Hutta ·

Terms of the deal were not disclosed.

Investments

Ualá raises $300 million

By Avi Ben-Hutta ·

Allianz X led the round.

Financials

Hanover reports Q3 2024 results

By Shefi Ben-Hutta ·

Small Commercial experienced 6% growth, boosted by Hanover’s TAP Sales platform and expanded sales force.

Member News

Is Your Distribution Network Built to Scale?

By AgentSync ·

Assess the maturity of your insurance operations with this first-of-its-kind tool, designed to help you scale, optimize distribution, and mitigate risk.

Business

Q5 Wealth Management expands with addition of Scott Guptill to Ameriprise network

By Coverager ·

Q5 joined Ameriprise Financial’s independent channel in August after moving from UBS Financial Services.

Financials

Abacus Life reports Q3 2024 results

By Shefi Ben-Hutta ·

Abacus holds 532 policies on its balance sheet, valued at $274.4 million.

Business

Safeco enters into an agreement with Main Street America

By Coverager ·

The transition will begin in the second quarter of 2025, subject to regulatory requirements in relevant jurisdictions.

Innovation

Antares announces business unit restructure as it launches UK Insurer

By Shefi Ben-Hutta ·

CEO Mike van der Straaten stated this reorganization completes the company’s shift to a unified operational model.

Business

MassMutual announces CFO transition and chief actuary appointment

By Coverager ·

Betsy Ward will retire at the end of this year.

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Featured Jobs

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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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