Company Archive

Coverager Data

Harbor partnered with Crossmint Heomi picks Payshift in Claims ICW Group picks Ultrassure in Claims ERGO Next Insurance uses Artificial Intelligence in Underwriting Universal Sompo partnered with PhonePe Abacus Global Management partnered with Retirable Acrisure partnered with Markel Acrisure partnered with ESET MoneyExpert picks Fruga in Customer Service HUB International picks Bind AI 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.

Innovation

Marsh develops new generative AI tool

By Avi Ben-Hutta ·

The new tool was built on technologies from Microsoft and OpenAI.

Business

American Family shuts down Tenney 110

By Avi Ben-Hutta ·

Tenney 110 was founded in 2019 with the goal of acquiring and building insurance-adjacent companies.

Financials

Tesla sees $16 million in underwriting losses

By Avi Ben-Hutta ·

Tesla now writes insurance using its carriers in 8 states.

Financials

Kin Interinsurance Network and Kin Interinsurance Nexus Exchange report losses in Q3

By Avi Ben-Hutta ·

The reciprocals reported $53 million in losses for the first nine months of 2023.

Business

DUAL partners with AXIS Capital

By Gabriella Ben-Hutta ·

DUAL to enter North American surety market.

Business

Allianz v Revolut

By Shefi Ben-Hutta ·

Allianz is pursuing legal action against Revolut.

Business

Alliant Insurance Services hires Richard Woods

By Gabriella Ben-Hutta ·

Experienced risk advisor to provide strategic property and casualty insurance solutions to nationwide client base.

Business

Ensurise merges with Wilmore Insurance Agency

By Gabriella Ben-Hutta ·

Wilmore Insurance Agency will continue to operate from its Kensington, Maryland location.

Business

Kyle Vogt exits Cruise

By Avi Ben-Hutta ·

Vogt plans to spend time with family and explore some new ideas.

Business

The Hanover appoints Stephen Marohn president, specialty P&C

By Coverager ·

Marohn most recently served as senior vice president of small business at CNA Insurance.

Financials

Branch’s underwriting loss widens

By Avi Ben-Hutta ·

The company reported a net underwriting loss of $70.6 million for the first nine months.

Financials

Clearcover ends Q3 with $127M in premiums

By Avi Ben-Hutta ·

The company saw a 20% increase compared to the same period last year.

Business

Competition Bureau to investigate Applied Systems

By Coverager ·

The order requires Applied Systems Canada to produce records and written information that are relevant to the Bureau’s investigation.

Product

SURE expands BOP offering to South Carolina

By Coverager ·

The product is exclusively available through SageSure's network of independent agents and national brokers.

Innovation

Generali jeniot celebrates five years

By Coverager ·

Over these five years, Generali jeniot has served more than 2 million customers.

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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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