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.

PE backers of AssuredPartners are contemplating sale or IPO

By Coverager ·

The MGA was founded in 2011.

Business

Industry veteran Kristina Talkowski to lead Nationwide Middle Market Commercial Lines team

By Coverager ·

Kristina has 20 years of insurance expertise.

Business

Millennial Specialty launches high net worth homeowners program

By Coverager ·

The MGA is partnering with MS Transverse.

Investments

Velocity acquires majority stake in Insight Risk

By Avi Ben-Hutta ·

Insight Risk is an MGA focused on the builder's risk market.

Innovation

Allane Mobility Group to offer embedded insurance from ELEMENT

By Coverager ·

With “Allane return protection”, Allane acts as an intermediary.

Business

Allianz deepens partnership with Fleetpool

By Avi Ben-Hutta ·

Fleetpool is a subsidiary of ALD Automotive.

Investments

Porch Group announces cash investment in HOA

By Coverager ·

Porch invested $57 million.

Technology

Strong take-up of AI revealed among UK insurance brokers

By Coverager ·

8 in 10 brokers are already using AI on a daily basis.

Business

UNCDF partners with Sustainable Markets Initiative Insurance Task Force

By Gabriella Ben-Hutta ·

The two partnered to scale insurance access for climate-vulnerable countries.

Product

BGL Group puts Jaunt on hold

By Shefi Ben-Hutta ·

This might be related to Abacai's partnership with HF.

Product

John Hancock introduces life insurance with optional long-term care protection to employers

By Gabriella Ben-Hutta ·

This new permanent life insurance product, available through the workplace, offers a streamlined digital process for employees to receive an instant offer for personally owned coverage.

Business

Edward Rose & Sons signs multi-year contract with Assurant

By Avi Ben-Hutta ·

Edward Rose & Sons is a privately-held real estate development and management company.

Business

MS Amlin confirms successor for Chief Financial Officer

By Coverager ·

Financial leader Jessie Burrows to take on responsibilities during 2024.

Product

ManhattanLife partners with Health In Tech

By Gabriella Ben-Hutta ·

ManhattanLife will introduce its healthcare products through Health In Tech' platform.

Business

James River to sell IRWC renewal rights to Amynta Group

By Coverager ·

The IRWC business produced $53 million of gross written premiums in 2022

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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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