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.

Financials

ManyPets posts £42 million loss

By Avi Ben-Hutta ·

Despite the year-over-year revenue decline, staff costs increased.

Business

Coalition partners with MS&AD

By Avi Ben-Hutta ·

The companies are providing cybersecurity monitoring solutions to small and medium-sized businesses in Japan.

Member News

Ascend Selected by Founder Shield to Automate Financial Operations Process to Improve Customer Experience, Broker Efficiency

By Ascend ·

San Francisco, CA – October 4, 2023 – Ascend, the leading financial operations automation platform, has been chosen by Millennial Specialty Insurance, LLC, an indirect subsidiary of BRP Group, Inc....

Investments

Allium Data announces pre-seed round

By Coverager ·

The funding round comes from Markd.

Member News

Dually Licensed Broker-Dealers Spell More Compliance Duties for Insurance Carriers

By AgentSync ·

Insurance carriers that work with dually licensed broker-dealers have more than double the compliance concerns.

Innovation

ADP launches corporate venture capital arm

By Coverager ·

ADP Venture's mission is to enhance and strengthen ADP's core business.

Member News

The mindset shift the insurance industry doesn’t know it needs

By Emily Smith Cardineau ·

A human-centric, design-minded perspective on a business-centric, insider-minded industry—from Cake & Arrow CEO, Josh Levine.

Business

Lyft and Mobilitas renew partnership

By Coverager ·

Lyft and Mobilitas have partnered since 2020.

Business

Heffernan Insurance Brokers launches HIB Marketplace

By Avi Ben-Hutta ·

The platform is powered by Semsee.

Innovation

Boost and Canopius announce partnership

By Avi Ben-Hutta ·

Boost is a full-stack digital MGA platform.

Member News

Reserv Raises $20M Series A Co-Led By Altai Ventures and Bain Capital Ventures (BCV) to Accelerate Already-Rapid Growth

By The Reserv Team ·

“Reserv is one of the fastest growing insurtech startups we have seen at this stage" said Matt Harris, Partner at Bain Capital Ventures (BCV).

Business

Acorns introduces new premium subscription

By Avi Ben-Hutta ·

Subscribers get access to $10,000 in free life insurance.

Business

CDI settles with Go and Topa

By Coverager ·

Topa was fined $2,108,000.

Business

iA Financial to acquire Vericity

By Avi Ben-Hutta ·

The transaction valued at approximately $170 million.

Investments

Farther raises $31 million

By Avi Ben-Hutta ·

Farther has raised $53 million since its inception in 2019.

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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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