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

Ageas makes another offer for Direct Line

By Avi Ben-Hutta ·

The new offer values the UK company at approximately £3,171 million.

Business

Aon launches Partner Risk Insights

By Avi Ben-Hutta ·

The platform features a real-time dashboard and advanced analytics.

Business

SCOR announces new regional and business structure

By Coverager ·

These changes will be effective on 1 April 2024.

Business

Liberty Mutual appoints Amit Khanna Chief Claims & Service Officer, US Retail Markets

By Gabriella Ben-Hutta ·

Khanna holds a bachelor’s degree in business administration from the University of Madras in India and earned his MBA in finance from Bentley University.

Business

Next Insurance partners with Tensorflight

By Coverager ·

The companies are partnering to automate commercial property inspections.

Investments

Empathy raises $47 million

By Avi Ben-Hutta ·

Allianz, MassMutual Ventures, MetLife, New York Life Ventures, Securian Financial, and Sumitomo participated in the round.

Business

Starr Insurance introduces Twin Maples Specialty

By Coverager ·

Twin Maples will be based in Alpharetta, GA.

Investments

Eye Security Raises $39 Million

By Avi Ben-Hutta ·

Eye Security provides cyber insurance.

Financials

Openly crosses $300 million in written premiums

By Avi Ben-Hutta ·

Last September, Openly raised $100 million.

Member News

71% of insurance industry decision-makers dissatisfied with level of effort to get updated insurance programs off the ground and launched digitally

By Sure, Inc. ·

Sure today released the 2024 State of Digital Insurance Report, revealing widespread dissatisfaction with a core part of the insurance ecosystem, legacy rate service organizations (RSOs).

Investments

Vouch raises $25 million

By Avi Ben-Hutta ·

The insider-led round was "oversubscribed."

Investments

Griffin raises $24 million

By Avi Ben-Hutta ·

MassMutual Ventures led the round.

Business

Coalition enters long-term capacity agreement with Aspen

By Coverager ·

Aspen will assume a share of Coalition’s US surplus lines cyber program this year.

Business

Nirvana Insurance announces new reinsurers and doubling of capacity

By Coverager ·

The California-based startup raised $82 million and operates in 26 states.

Innovation

Aviva and Darwin expand autonomous vehicle insurance project

By Coverager ·

The companies are adding another shuttle.

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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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