Company Archive

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Salty.AI partnered with Mercury Insurance Cover Genius partnered with Deblock Groupama picks Continuity in Underwriting AXA XL picks Collibra in Admin The Mutual Group picks Nativeorange in Admin Amica Insurance picks Collibra in Admin Abacus Global Management raised $400M Life Settlement Advisors raised $200K Eleos Life partnered with teachr Marsh partnered with TIPI Insurance Partners Embedded Insurance raised $4M Beagle Labs raised $4.1M Salty.AI raised $4M Zurich picks Willis Towers Watson in Pricing TruePoint Systems partnered with SeedPod Cyber

Allstate adds auto insurance estimates to ChatGPT

By Coverager

The estimate starts in ChatGPT; the remaining steps take place with Allstate.

Product

Ullico Select expands to offer home and auto insurance

By Shefi Ben-Hutta ·

Users must agree to be contacted by Gallagher Affinity and its affiliates.

Strategy

Octane secures $500 million funding to expand powersports financing

By Shefi Ben-Hutta ·

Rider Insurance, now part of Plymouth Rock, was one of Octane's earliest investors.

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.

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Tint

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Member News

Vertafore unveils Digital Underwriter vision to help MGAs increase underwriting capacity, reduce cycle time and improve bind rates

By Vertafore ·

Vertafore Unveils Agentic Agency Vision to Accelerate Distribution Velocity for Independent Agencies

By Vertafore ·

Sureify Expands Life & Annuity New Business with LifetimeACQUIRE, Connecting Quote to Book with Headless Architecture

By Team at Sureify, Sureify ·

Why Modern Insurance Agencies Are Consolidating Benefits Business in the AMS

By Tammi Shapiro, Applied Systems ·

Fuse Launches Transportation & Commercial Auto Hub as the Line Struggles to Reach Underwriting Profit

By Sean Bourgeois, Fuse ·

Why Every Commercial-Lines Agency Needs AI Risk Fluency

By Vertafore ·

EverPeak® expands to Georgia: instant, online workers' comp insurance for small businesses

By Elizabeth Johnson, EverPeak Insurance ·

Benefits renewal automation for insurance agencies gets an upgrade in Applied Epic

By Tammi Shapiro, Applied Systems ·

How AI is Transforming Document Workflows in Claims

By Vertafore ·

Andy Scurto to Lead OneShield Product Advisory Committee

By Debbie Ryan, OneShield ·

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