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 Flarre.AI raised $2K 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

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

Arthur J. Gallagher to acquire The Evans Agency

By Avi Ben-Hutta ·

The transaction is anticipated to be completed in the fourth quarter of 2023.

Business

James River to sell casualty reinsurance business to Fleming Holdings

By Coverager ·

Fleming is a portfolio company of Altamont Capital Partners.

Business

Amazon introduces new health care benefit

By Avi Ben-Hutta ·

The new benefit is provided by One Medical.

Financials

Greenlight Re names Greg Richardson as CEO

By Shefi Ben-Hutta ·

The news follows reports that Greenlight Re was looking to replace CEO Simon Burton.

Business

Goldman Sachs Asset Management to acquire DOXA Insurance

By Avi Ben-Hutta ·

The investment will help fuel DOXA's ongoing acquisition strategy.

Investments

Goodvest raises €10 million

By Avi Ben-Hutta ·

The startup has attracted over 5k customers.

Innovation

Waze introduces crash history alerts

By Avi Ben-Hutta ·

The new feature combines historical crash data.

Innovation

Square One teams up with Zurich Canada to offer personal auto insurance

By Coverager ·

For the customer, this partnership combines the seamless, digital-first purchasing environment of Square One with Zurich Canada’s claims service experience.

Product

Mutual of Omaha and Wellcare to offer co-branded Medicare plans

By Coverager ·

Mutual of Omaha is the nation’s second-largest provider of Medicare Supplement plans.

Investments

May Mobility raises $105 million

By Avi Ben-Hutta ·

State Farm Ventures participated in the round.

Financials

WeWork files for Chapter 11

By Avi Ben-Hutta ·

The bankruptcy filing is limited to WeWork’s locations in the US and Canada.

Business

Hiscox cuts 42 positions amidst reorganization

By Shefi Ben-Hutta ·

This amounts to a workforce reduction of around 10% in the US.

Investments

Radius Agent raises $13 million

By Avi Ben-Hutta ·

AXA Venture Partners led the round.

Business

Tint partners with RVI Group

By Avi Ben-Hutta ·

Tint will give its clients the option to transfer their risk to RVI Group.

Member News

Embroker Selects Ascend to Revolutionize the Insurance Industry Through Transformative Technology

By Ascend ·

San Francisco, CA – November 7, 2023 – Ascend, the leading provider of financial operations automation software to the insurance industry, is proud to announce its strategic partnership with Embroker,...

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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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