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.

Business

Coalition introduces Coalition Re

By Coverager ·

Coalition Re provides capacity for non-proportional cyber reinsurance treaties.

Strategy

As temperatures rise, 89,500 commercial conversions could become uninhabitable

By Coverager ·

Zurich UK cautions appetite for converting commercial buildings into residential homes as subpar conversions may not be climate futureproof.

Strategy

Zurich Canada launches apprentice program with Seneca Polytechnic

By Coverager ·

The Zurich Apprenticeship Program provides candidates with a fully-funded enrollment in the Business – Insurance diploma program at Seneca Polytechnic.

Technology

SoundHound AI acquires Amelia

By Shefi Ben-Hutta ·

SoundHound AI is backed by Sompo Holdings.

Investments

Oyster raises $59 million

By Gabriella Ben-Hutta ·

Oyster is a payroll and HR platform that specializes in distributed workforces.

Product

American National named a Barron’s Top 100 Annuity

By Coverager ·

American National is a provider of annuities, life insurance, retirement solutions, and P&C products.

Innovation

A-G Specialty Insurance acquires Bollinger TPA Services

By Coverager ·

Gallagher had originally acquired Bollinger TPA Services in 2014.

Strategy

Zurich Australia appoints Chief Risk Officer

By Coverager ·

Wainwright will succeed Jaimie Sach, who is retiring after serving as Chief Risk Officer at Zurich since 2019 and a distinguished 30-year career in the wealth industry.

Investments

MSI invests in Asian health insurance MGA

By Coverager ·

MSI is the largest non-life insurance group in the ASEAN region by gross written premiums and has identified health insurance as a key area for growth.

Product

Travelers Canada introduces OPTIMA® Home

By Gabriella Ben-Hutta ·

New property insurance product available for homeowners, tenants, condominium and landlord policies in Ontario and Western Canada

Strategy

Tune Protect focuses on travel segment

By Coverager ·

The company also plans to introduce new, targeted insurance products.

Technology

Gridspace enhances AI voice agent Grace

By Shefi Ben-Hutta ·

USAA is an investor.

Investments

Modern health benefits startup Thatch raises $38 million

By Shefi Ben-Hutta ·

This brings Thatch's total funding to $44 million.

Investments

The Demex Group raises $10.25 million

By Shefi Ben-Hutta ·

Demex delivers parametric reinsurance solution for losses due to severe convective storms.

Business

Moody’s acquires Praedicat

By Coverager ·

The terms of the transaction were not disclosed.

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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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