Company Archive

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MoneySuperMarket partnered with Open Insurance Technologies MoneySuperMarket partnered with Allianz MoneySuperMarket partnered with Covéa Insurance MoneySuperMarket partnered with Ageas UK Loadsure partnered with CrossCountry Freight Solutions Adam Riese picks Neodigital in Admin Munich Re picks EightByZero in Claims Vertafore picks Floatbot in Admin DUAL North America picks .406 Ventures in Underwriting Managing Agency Partners picks ZestyAI in Underwriting Coverwatch raised $4.5M Klaimee raised $5.5M PremFina raised $541.32M American Growth Insurance raised $70M PolicyStreet raised $5M

Week in Review — July 20–24, 2026

By Coverager

The big one. Two roads out of private capital, heading in opposite directions. Baldwin Group shares jumped 17% on reports that the broker is weighing a take-private, one month after...

Investments

Eleos raises $4 million

By Gabriella Ben-Hutta ·

The round was led by Fuel Ventures and Indico Capital, with APX as a participant.

Investments

Honeycomb raises $36 million

By Avi Ben-Hutta ·

Honeycomb expects to double its workforce from 90 to 180 over the next 18 months and introduce new products.

Investments

Wayve raises $1.05 billion

By Avi Ben-Hutta ·

NVIDIA and Microsoft also participated in the round.

Business

Truist completes sale of Truist Insurance Holdings

By Coverager ·

The all-cash transaction values TIH at an implied enterprise value of $15.5 billion.

Member News

Automated Claims Management: 3 Pillars of Success

By Appian ·

Leading insurers are prioritizing claims process automation. But why?

Financials

Lemonade ends Q1 with $47 million loss

By Avi Ben-Hutta ·

The company’s cash, cash equivalents, and investments totaled approximately $927 million at March 31, 2024.

Strategy

Buffett reveals AI fears, unskippable GEICO, and unstoppable rise in cyber risks

By Shefi Ben-Hutta ·

In a non-inflationary world, GEICO would not be a $40 billion company and other nuggets.

Business

AXA XL introduces new cyber endorsement

By Coverager ·

AXA XL's new endorsement provides dedicated coverage for the costs of investigating the breach including legal fees for compliance and disclosure requirements such as the filing of an 8-K.

Product

Kin launches in Georgia

By Coverager ·

Kin is now live in 9 states.

Product

GradGuard strengthens tuition protection program

By Coverager ·

This benefit is not yet available in the state of Washington.

Financials

GEICO ends Q1 with a big profit

By Avi Ben-Hutta ·

GEICO’s loss ratio was 72.5% in the quarter, a decrease of 10.5 percentage points compared to 2023.

Strategy

Matthew V O’Malley assumes new role as AXA XL’s Chief Client & Distribution Officer, Americas

By Coverager ·

O’Malley will lead AXA XL’s U.S. zonal teams, Canada and Bermuda country distribution, client engagement, broker engagement, and marketing activities in the Americas.

Business

SVB Financial Group announces a definitive agreement to sell SVB Capital

By Coverager ·

Pinegrove and SVB Capital will operate independently.

Investments

Scout Ventures announces close of Fund IV

By Avi Ben-Hutta ·

USAA is one backer of the new fund.

Business

Wagmo partners with Rover

By Coverager ·

Select Wagmo partner companies and their employees will be able to enjoy discounted access to pet care services available on the Rover platform.

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Member News

From System of Record to System of Action: AI in the AMS

By Anupam Gupta, Applied Systems ·

Cytora and InformData Join Forces to Embed Verifiable People Data into Commercial Risk Processing

By Richard Hartley, Applied Systems ·

The MGA Talent Cliff Is Here. What's Your Plan?

By Vertafore ·

AI-Powered Workflows Inside Your Agency Management System

By Vertafore ·

InsurGrid Launches Intake-to-ACORD Workflow for Commercial Insurance Agencies

By InsurGrid Team, InsurGrid ·

Ivans Index Q2 2026 Results Released

By Michael Streit, Applied Systems ·

How AI is Transforming Insurance Research and Decision-Making

By Vertafore ·

EZLynx Partners with First Connect to Bring All-in-One AMS to Member Agents

By Rob Bourne, EZLynx ·

Dearborn Labs Announces Launchpad, an AI Insurance Accelerator That Funds and Builds AI Infrastructure for MGAs

By Alec Martins, Clearcover ·

Regulators Don’t Want an AI Policy. They Want Receipts.

By Yo Sub Kwon, Voltaire ·

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