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.

Investments

Vellum raises $7 million

By Avi Ben-Hutta ·

Vellum provides data and analytics solutions for the insurance and reinsurance industry.

Business

Castlelake and Fidelis MGU create aviation MGA

By Coverager ·

Itasca MGA's primary role will be to oversee and manage risks related to secured commercial aviation financing for both Fidelis MGU Group and Itasca Re Limited, an insurance company created by Castlelake.

Business

Wefox isn’t renewing certain policies

By Avi Ben-Hutta ·

The startup notified policyholders about this decision via email.

Business

New York Life hires Don Vu as chief data and analytics officer

By Coverager ·

Vu joins New York Life from Northwestern Mutual.

Investments

MiTrust announces new funding

By Avi Ben-Hutta ·

Open CNP participated in the round.

Member News

Discovery Insure | Vitality Drive, Cambridge Mobile Telematics, and Creating a World of Safe Drivers at InsurTech Connect

By Cambridge Mobile Telematics ·

Keynote to cover how auto insurers can drive a profound societal shift towards a safer world Cambridge, MA, October 12, 2023 — Francois Theron, Deputy CEO of Discovery Insure, and...

Product

SageSure enhances Expanded Markets to bring more capacity to coastal states

By Coverager ·

The Expanded Markets program offers a range of insurance solutions to reach more customers.

Business

Navacord adds Unity Managing Underwriters

By Coverager ·

This move underscores Navacord’s ongoing commitment to enhancing their expertise and presence in the MGA space.

Business

AIG announces business leadership appointments

By Coverager ·

McElroy, Bailey and Hancock will report to Peter Zaffino.

Financials

Shift Technologies files for bankruptcy

By Coverager ·

Shift is a San Francisco-based online marketplace for buying and selling secondhand cars.

Financials

While insurance costs soar, top execs reap hefty salaries

By Coverager ·

CEOs are living high on the hog.

Member News

Sharon Fox: Creating a Conducive Environment

By John Fohr ·

Discover insights from Sharon Fox, the VP of Partnerships & Strategy at TrustLayer, as she discusses insurance and risk management on Risk Management: Brick by Brick.

Innovation

State Farm resumes use of aftermarket parts

By Coverager ·

State Farm will sunset the current suspension of all non-OEM crash parts.

Business

Plymouth Rock appoints Max Malaret as VP of Claims

By Coverager ·

Malaret comes to Plymouth Rock from Liberty Mutual.

Technology

Amwins launches Amwins DNA

By Coverager ·

Amwins DNA is the firm's comprehensive and proprietary portfolio of data and analytics capabilities.

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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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