Company Archive

Coverager Data

Sompo Holdings partnered with Asian Development Bank DITO Telecommunity partnered with Stere.io Redkik partnered with Fortress Logistics Insurance Services AIG partnered with Parametrix Harness Insurance Group partnered with ERGO Next Insurance Open Insurance picks Theo in Admin Bravura Solutions raised $70.58M Mainstay Underwriting picks Wilbur in Claims Zurich Group Germany picks Guidewire in Admin Axle raised $17.5M Central Insurance picks Plnar in Claims New Age Underwriters Agency picks Slice Labs in Sales Storebrand raised $31.54M LayoverGuard raised $100K WAICA Reinsurance raised $50M

Allstate opens claims training campus in Dallas

By Shefi Ben-Hutta

Claims professionals will train on collision, flood, hail and structural damage, as well as repairs involving airbags, cameras, sensors and advanced driver-assistance systems.

Product

SageSure closes $60 million county-weighted wind cover catastrophe bond

By Coverager ·

Issuance brings the SageSure-supported Gateway Re franchise to $1.2 billion in cat bond limit in two years.

Strategy

Prudential plc appoints new Group Chief Agency Officer

By Coverager ·

The goal is to increase agency new business profit by 2.5 to 3 times from the 2022 level by 2027.

Product

Otonomi launches air cargo delay insurance

By Coverager ·

This product offers coverage for freight delays of 3 hours.

Strategy

Sanlam acquires 60% stake in MultiChoice’s insurance business

By Gabriella Ben-Hutta ·

This partnership leverages Sanlam’s expertise and MultiChoice’s extensive reach and subscriber engagement.

Strategy

BatchService integrates titlegenius by Radian

By Coverager ·

BatchService is a real estate data and technology company.

Business

Allianz Trade partners with BPL

By Gabriella Ben-Hutta ·

BPL is a specialist credit and political risk insurance broker.

Business

Wrisk Europe establishes Advisory Board

By Gabriella Ben-Hutta ·

Wrisk is a provider of embedded insurance solutions for Automotive OEMs.

Business

Securian Financial launches surplus lines insurance company

By Gabriella Ben-Hutta ·

Securian Financial is a provider of insurance and other protection products to more than 6,000 financial institutions and associations in the US and Canada.

Financials

YuLife nearly doubles written premiums

By Avi Ben-Hutta ·

The London-based startup generated £76.6 million in written premiums.

Business

Bain Capital to buy Envestnet

By Coverager ·

Envestnet manages over $6 trillion in assets.

Investments

Earned Wealth raises $200 million

By Avi Ben-Hutta ·

Earned is a financial services firm focused exclusively on medical professionals.

Member News

Hastings Direct and Cambridge Mobile Telematics Announce Partnership Renewal

By Cambridge Mobile Telematics ·

July 11, 2024, Cambridge, MA— Cambridge Mobile Telematics (CMT), the world’s largest telematics service provider, and Hastings Direct, a leading provider of insurance broking services to the UK private car,...

Innovation

Aspen launches Aspen Data Labs

By Coverager ·

Aspen Data Labs is a new platform to deliver Aspen’s digital strategy and drive forward the business’ data and artificial intelligence agenda.

Business

Zenith Insurance announces leadership change

By Coverager ·

Zenith Insurance will appoint Davidson Pattiz as President and Chief Executive Officer.

Marketing

Guaranteed Rate Insurance rebrands

By Avi Ben-Hutta ·

Earlier this month, Guaranteed Rate, the parent company of Guaranteed Rate Insurance, rebranded to Rate.

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Member News

7 Takeaways from the Big Data and Artificial Intelligence Working Group at the NAIC 2026 Summer National Meeting

By Yo Sub Kwon, Voltaire ·

Big ‘I’ report shows a stabilizing insurance market

By Vertafore ·

Adjusto launches AI-Native contents claims services powered by its technology platform

By GoAdjusto ·

OneShield Appoints Rick Becker as Senior Vice President, New Products

By Debbie Ryan, OneShield ·

Insurance Intake Gets a Branding Layer, as Canopy Connect Introduces Trailhead

By Insurance Verification, Canopy Connect, Inc. ·

How AI is Changing Insurance Reconciliation Workflows

By Vertafore ·

Fuse Launches Financial Institutions Hub

By Sean Bourgeois, Fuse ·

From Uncertainty to Underwriting: How Specialty Markets Arise

By Vertafore ·

5 Reasons Carriers & MGAs Are Moving to the Cloud

By Vertafore ·

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