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.

Innovation

QBE North America increases support for Blue Forest

By Coverager ·

Blue Forest is a nonprofit focused on forest and watershed conservation to prevent severe wildfires.

Strategy

Vaisala to buy Speedwell Climate

By Coverager ·

The deal, expected to close in Q4 2024, will add 24 Speedwell Climate employees to Vaisala, pending regulatory approval.

Strategy

Tokio Marine Kiln establishes Specialty Reinsurance division

By Coverager ·

The new division will be led by Phil Taylor.

Investments

Optalitix raises $3 million

By Coverager ·

Optalitix has customers in the UK and internationally.

Strategy

Ripe announces Alan Thomas as new CEO

By Gabriella Ben-Hutta ·

In 2022, private investment firm Aquiline Capital Partners LP acquired a majority stake in the company.

Business

Grange Insurance names Cheryl McRae Lebens CFO

By Gabriella Ben-Hutta ·

With Grange for 12 years, Lebens has served in several leadership roles within the organization.

Business

Voya Financial to acquire OneAmerica Financial’s retirement plan business

By Coverager ·

The transaction is expected to close on Jan. 1, 2025, subject to customary closing conditions, including regulatory approvals.

Business

WTW partners with Kayna

By Avi Ben-Hutta ·

The partnership has been developed to enable delivery of WTW insurance solutions to SME clients in the UK and US through vertical SaaS platforms.

Investments

Cinven acquires 50% stake in Policy Expert

By Avi Ben-Hutta ·

Policy Expert plans to offer pet insurance this year.

Investments

Neat raises €50 million

By Shefi Ben-Hutta ·

Neat is an embedded insurance player from France.

Product

Markel introduces FintechRisk+ insurance policy for fintech sector

By Coverager ·

Risks in the cyber and fintech markets have evolved rapidly since the inception of Markel's original Fintech policy eight years ago.

Business

EverPeak Insurance launches in Arizona

By Coverager ·

The company is now available in 12 states.

Investments

SafetyCulture raises $110 million

By Gabriella Ben-Hutta ·

When it comes to insurance, the company's insurance subsidiary is partnered with Employers.

Investments

All Hands AI raises $5 million

By Gabriella Ben-Hutta ·

The AI software developer is focused on creating model-agnostic, open-source AI agents.

Business

Broker network Steadfast Group suspends trading

By Shefi Ben-Hutta ·

One claim involved a Steadfast-owned broker recommending a more expensive policy from a Steadfast-owned firm while hiding a cheaper competitor's quote.

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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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