Company Archive

Coverager Data

Artificial Intelligence Underwriting Company partnered with ElevenLabs 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 Acrisure partnered with ESET Abacus Global Management partnered with Retirable 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

Breaking Bot

By Shefi Ben-Hutta

According to a Seaworthy survey of 1,028 high-earning Americans, 74% would let an AI assistant research insurance options.

Business

Vesttoo seeks to sell company

By Avi Ben-Hutta ·

This comes as a response to the Official Committee.

Business

Better launches Better Insurance

By Avi Ben-Hutta ·

The new offering was created in collaboration with Sure and Toggle.

Financials

Root Q3’23 earnings and strategic insights with CEO Alex Timm

By Shefi Ben-Hutta ·

Root ends Q3'23 with 259,522 policies in force.

Financials

Tiptree to take Fortegra public

By Avi Ben-Hutta ·

The company expects to maintain majority ownership of Fortegra.

Business

duPont REGISTRY Group partners with Hagerty

By Avi Ben-Hutta ·

The new licensed agency will offer coverage for high-end car owners through products offered by Hagerty.

Financials

Lemonade’s Q3 2023 results

By Avi Ben-Hutta ·

The company ended the quarter with 1,984,154 customers.

Member News

Feeling the Strain of a Hurricane? Emergency Adjuster Licensing Can Help

By AgentSync ·

After a natural disaster, states can call on emergency adjusters to help manage the large number of claims.

Member News

Origami Risk and Dais Technology release first solution integration to streamline claims handling for MGA’s and carriers

By Jason Kolb ·

CHICAGO, November 1, 2023 – Origami Risk, the industry-leading risk, safety, and insurance Software as a Service (SaaS) technology firm, along with its subsidiary Dais Technology, unveiled a streamlined first...

Business

Orange Insurance Exchange announces launch and entry into the Florida market

By Coverager ·

Orange has received its Certificate of Authority from the Florida Office of Insurance Regulation.

Investments

Cowbell raises $25 million

By Avi Ben-Hutta ·

To date, Cowbell has raised $148 million.

Investments

Next Insurance raises $265 million

By Avi Ben-Hutta ·

Allstate and Allianz X have made the investment.

Business

Hamilton announces launch of initial public offering

By Coverager ·

Hamilton is targeting a valuation of up to $2 billion.

Investments

Layr raises $10 million

By Avi Ben-Hutta ·

The company will use the funds to expand go-to-market operations and bolster its platform functionality for brokers.

Member News

Canopy Connect Unveils Auto Insurance Policy Servicing Capabilities

By Insurance Verification ·

Canopy Connect announced auto insurance policy servicing capabilities, which enables consumer-permissioned edits to insurance policies initiated by a Canopy Connect customer. This transforms a process that can take days or weeks—into minutes.

Financials

WeWork faces bankruptcy

By Shefi Ben-Hutta ·

The news comes after the CEO's remarks in August, expressing concerns about the company's financial stability.

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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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