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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

Liberty Mutual to acquire JMalucelli Travelers Seguros S.A.

By Coverager ·

JMTRV has served the Colombian surety market since 2012.

Strategy

Intuit to acquire technology from Zendrive

By Avi Ben-Hutta ·

Intuit expects to close the transaction in Q4 FY24. Terms of the deal weren't disclosed.

Innovation

Boehringer Ingelheim and Trupanion announce exclusive collaboration

By Coverager ·

The companies will leverage their collective expertise and data to derive insights which will enable the early detection of risk factors for common conditions affecting pets.

Investments

Sidekick raises £8.5 million

By Avi Ben-Hutta ·

MS&AD ventures participated in the round.

Technology

FNF names Jason Nadeau as Chief Artificial Intelligence Officer

By Gabriella Ben-Hutta ·

Nadeau joined FNF in 2018.

Financials

Hagerty commences warrant exchange offer and consent solicitation

By Coverager ·

This move aims to simplify Hagerty's capital structure and reduce the potential dilutive impact of the warrants.

Business

R&Q may file for provisional liquidation

By Coverager ·

R&Q issued a press release that provides an update on the proposed sale.

Member News

Vertafore’s Project Impact aims to deliver up to two hours of time savings per day for servicers at independent insurance agencies

By Vertafore ·

InsurTech leader invests in initiative to simplify workflows and drive efficiency for account managers at the heart of agency operations

Technology

Microsoft to retire GPT Builder feature

By Shefi Ben-Hutta ·

Microsoft is shifting its focus on GPTs to Commercial and Enterprise scenarios.

Technology

Elon Musk drops OpenAI lawsuit

By Shefi Ben-Hutta ·

This ends a months-long legal battle between Musk and the company he co-founded in 2015 but left due to disagreements over control.

Business

IMG expands partnership with Teladoc Health

By Gabriella Ben-Hutta ·

IMG will utilize Teladoc Health's platform for telehealth and prescription services outside of the U.S.

Member News

Reaching for the Clouds? Expect Some Turbulence: 3 Barriers to Adopting Cloud-Native Insurtech and 5 Best Practices to Ease the Transition

By AgentSync ·

Three hurdles to adopting cloud-native insurtech and five ways to set your business up for a successful transition

Business

Yardi partners with Obligo

By Avi Ben-Hutta ·

Yardi clients can now offer residents a flexible security deposit option.

Business

Artemis Risk Solutions formally launches insurance brokerage

By Coverager ·

The company was co-founded by Clint Anderson and David Lamb.

Business

Hub International acquires Meyers Glaros

By Gabriella Ben-Hutta ·

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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