Company Archive

Coverager Data

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.

Marketing

Slide partners with the Tampa Bay Buccaneers

By Coverager ·

As part of the agreement, Slide signage will appear inside Raymond James Stadium this season.

Product

QBE Insurance introduces QCyberProtect

By Coverager ·

QCyberProtect provides cyber insurance for a range of organizations.

Financials

Progressive reports 86.2% CR for June

By Avi Ben-Hutta ·

The company reported net income of $802.7 million.

Member News

How to Dance the Surplus Lines Tax Tango

By AgentSync ·

Surplus lines premium taxes and state filing variations are one of the more “exciting” areas of compliance for carriers and brokers alike.

Business

Lemonade expands home insurance offering in the UK

By Avi Ben-Hutta ·

In October 2022, the company entered the UK market with contents insurance.

Business

Insuritas partners with IGS

By Gabriella Ben-Hutta ·

IGS’ Home Services coverage plan will be integrated within Insuritas’ BUNDLE platform.

Innovation

Aviva enhances exposure management

By Coverager ·

Since Aviva started using Orchestra, the portfolio roll-up process has been streamlined, with the time taken reduced by 60-70%.

Strategy

Mosaic restructures roles to drive agency growth

By Coverager ·

The reorganization demonstrates Mosaic’s evolution as a global agency.

Business

Kwik Fit expands access to car insurance

By Avi Ben-Hutta ·

Kwik Fit was established in 1971 and had over 600 service centers across the UK.

MassMutual terminates partnership with Aaptiv

By Shefi Ben-Hutta ·

The partnership with Aaptiv was announced in June 2019.

Business

AF Group reports cybersecurity incident

By Shefi Ben-Hutta ·

AF Group advises agents and customers to refer to the provided FAQs or contact their respective Business Development or Underwriting team members.

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.

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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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