Company Archive

Coverager Data

GEICO Insurance Agency partnered with MetLife Pet Insurance Acrisure partnered with ESET Acrisure partnered with Markel Abacus Global Management partnered with Retirable Santalucía partnered with Zurich Seguros MoneyExpert picks Fruga in Customer Service HUB International picks Bind AI in Admin Embroker picks Bind AI in Admin PolicyWatch picks Bind AI in Admin Voya Financial picks Unqork in Admin Stand Insurance Solutions raised $70M Fruga raised $1.33M Harbor raised $10M Bolttech Insurance (Hong Kong) raised $20.72M egaranti raised $1.1M

Travelers on Muse: “It’s early days”

By Shefi Ben-Hutta

The comments come as Meta positions insurance as a use case for its AI agents.

Business

Munich Re Automation Solutions and American Family Life Insurance Company announce partnership

By Coverager ·

American Family Life Insurance Company is adopting ALLFINANZ NOVA.

Investments

Honey Insurance raises $108 million

By Avi Ben-Hutta ·

The startup has reached an annual recurring revenue of $40 million.

Financials

Velox raises $38 million

By Gabriella Ben-Hutta ·

Velox is a developer of industrial-grade direct-to shape digital decoration solutions for the rigid container industry.

Business

iCapital to Acquire Mirador

By Gabriella Ben-Hutta ·

The deal will see over 180 Mirador employees joining iCapital.

Business

Waypoint Underwriting Management partners with CompSource Mutual Insurance Company

By Coverager ·

Waypoint will underwrite a tailored portfolio of property, casualty, and workers’ compensation treaty reinsurance that aligns with CompSource Mutual’s risk tolerance.

Business

Arch to acquire Allianz’s US MidCorp and Entertainment insurance businesses

By Coverager ·

The transaction is expected to close in the second half of 2024.

Product

Lemonade forms fronting arrangement with Home State

By Shefi Ben-Hutta ·

Lemonade is one of several MGAs writing business with Home State.

Opinion

The Struggles of Vouch

By Avi Ben-Hutta ·

Late last year, Vouch, which is not profitable, made cuts that impacted ~25 employees.

Business

Symetra introduces Cancer Care Compass

By Avi Ben-Hutta ·

The new rider has four components.

Business

Stride launches independent worker contributions program

By Coverager ·

The "first-of-its-kind" program enables companies with independent workers to make contributions into an individual's portable benefits savings account.

Business

PURE Specialty Exchange expands homeowners coverage

By Coverager ·

The product is designed for homes in coastal and wildfire exposed areas.

Business

Farmers Mutual Hail to acquire Global Ag Insurance Services

By Coverager ·

Global Ag Insurance Services is a subsidiary of AXA XL.

Investments

Summit raises $3.5 million

By Avi Ben-Hutta ·

Summit serves a variety of industries and claims to offer coverage from 60+ insurance partners.

Business

Applied Surety Underwriters acquires major portion of Argo’s oil, gas, mining, and coal surety businesses

By Coverager ·

Terms of the transaction were not disclosed.

Business

Conifer announces commercial lines capacity partnership with Accelerant

By Coverager ·

Conifer aims to improve risk assessment.

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Featured Jobs

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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