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Guardian partnered with XP Health Shepherd partnered with Intact Financial Corporation Nibbles Pet Health partnered with Physicians Mutual Sharp Insurance picks Rival Insurance Technology in Sales CoverForce Inc partnered with USLI Morrisons partnered with Accredited Insurance Prudential Financial picks Gradial in Sales Connie Health raised $40M Convr picks Property Guardian in Underwriting Sammons Financial Group raised $750M IAG picks Sonder in Claims Tugboat raised $3M Pints AI raised $5.6M Great-West Lifeco raised $107.44M BMO Insurance picks Walnut Insurance in Sales

Week in Review — June 15–18, 2026

By Shefi Ben-Hutta

More than a century after GMAC was created to finance car buyers, the AmTrust lineage is acquiring a modern business built around the same idea.

Business

Acrisure forms Southwest Region

By Coverager ·

Partners in Southern California, Nevada, Arizona and New Mexico will now operate as Acrisure.

Business

LULA’s AI becomes the first to pass insurance licensing exams

By Gabriella Ben-Hutta ·

LULA is a provider of insurance software for vehicle fleet operators.

Financials

CapitalSG acquires BIMA MILVIK

By Gabriella Ben-Hutta ·

The transaction comes as BIMA MILVIK completes a restructuring plan to optimize its global functions and teams, setting it on course to achieve breakeven profitability in 2024.

Business

Boost Insurance launches Boost Re

By Avi Ben-Hutta ·

Boost Re is structured as a US-domiciled protected cell captive insurance company.

Member News

Canopy Connect Raises $6.5M Series A Led by Nevcaut Ventures

By Insurance Verification ·

The new capital will allow the Canopy Connect to accelerate growth, increase product velocity, and build upon their success with the platform powering more than 3,500 companies across a broad range of verticals.

Business

Matic Insurance partners with New American Funding

By Coverager ·

All New American Funding clients are eligible to search for P&C insurance through Matic’s proprietary matching technology.

Investments

QuoteWell discloses $20 million in funding

By Avi Ben-Hutta ·

The capital will be used towards expanding the company's brokerage team and enhancing its infrastructure.

Business

White Mountains launches White Mountain Partners

By Coverager ·

WMP will provide institutional capital to family, founder, and entrepreneur-owned businesses.

Investments

Kota raises €5 million

By Avi Ben-Hutta ·

Kota allows companies to create and manage benefits offerings for their employees.

Innovation

Greenlight Re seeking new CEO

By Shefi Ben-Hutta ·

Over the years, Greenlight Re has participated in at least 28 insurtech funding rounds, with noteworthy portfolio companies including Coterie, Openly, and Sana Benefits.

Business

California DMV suspends Cruise’s testing permits

By Avi Ben-Hutta ·

The suspension was based upon the performance of the vehicles.

Business

Applied announces launch of Tarmika Insured

By Avi Ben-Hutta ·

The solution allows agencies to embed commercial lines quoting capabilities.

Member News

Marco Romero: Communicating Away Risks

By John Fohr ·

Discover expert insights in construction risk management on Risk Management: Brick by Brick. Join Jason Reichl and Marco Romero of Harkins Builders

Business

Marsh to launch global cyber practice

By Avi Ben-Hutta ·

The practice will formally launch of January 1, 2024.

Business

Ranger Insurance introduces Ranger Station

By Avi Ben-Hutta ·

The new solution is offered on a standalone basis.

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Member News

The Adjuster Shortage Is Turning Claims AI Into an Operating Necessity

By Yo Sub Kwon, Voltaire ·

ITC Infotech and InsureMO Partner to Bring AI-Driven Insurance Modernisation to Middle East, Africa, and India

By InsureMO, InsureMO ·

Buying Claims AI Is the Easy Part. This is How Two Claims Organizations are Making It Stick.

By Yo Sub Kwon, Voltaire ·

Zywave Announces 2026 Cyber Risk Award Winners

By Zywave ·

What Happens When Insurance Carrier Experts Retire?

By Vertafore ·

What 6,000 Insurance Leaders Were Actually Whispering About at Insurtech Insights USA

By Justin Jaksha, ePayPolicy ·

10 Cheapest Home Insurance Companies in Florida

By Melanie Musson, Clearsurance ·

Scaling Carrier Client Experience Starts Behind the Scenes

By Vertafore ·

Ivans Index May 2026 Results Released

By Michael Streit, Applied Systems ·

The Plaintiff Bar Brought AI to the Claim File. Carriers Should Arm the Adjuster.

By Yo Sub Kwon, Voltaire ·

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