Company Archive

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Abacus Global Management partnered with Retirable Acrisure partnered with ESET Santalucía partnered with Zurich Acrisure partnered with Markel Voya Financial picks Unqork in Admin AXA UK picks Cotality in Claims Groupama picks AlloBrain in Customer Service Chubb partnered with Victor Stand Insurance Solutions raised $70M Zurich Group Germany picks Hakuna in Claims Quartz Claims picks Ravin AI in Claims Harbor raised $10M egaranti raised $1.1M TODAY raised $3.14M Insuraviews raised $750K

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.

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 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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