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ThreeFlow partnered with Employee Navigator bolttech partnered with Jubilee Insurance Progressive partnered with Winnebago Industries Klaimee partnered with Algorithmic Insurance Services Hippo picks Anthropic in Admin Brown & Brown picks Anthropic in Admin North American Company partnered with North American Company Klaimee raised $5.5M Mayflower Specialty picks Loro Insurtech in Sales Manulife picks Microsoft in Admin Virtus picks Outmarket AI in Admin PremFina raised $541.32M American Growth Insurance raised $70M PolicyStreet raised $5M Cover Genius raised $100M

Mapfre to acquire Safety Insurance for $1.54 billion

By Shefi Ben-Hutta

Safety shareholders will receive $105 per share, representing a 44% premium to the insurer’s closing stock price on July 23, 2026.

Financials

Lemonade’s Q1 2023 results

By Avi Ben-Hutta ·

As of 10:45 AM ET, Lemonade's stock was up 30%.

Business

Sunnova partners with Amica

By Avi Ben-Hutta ·

Sunnova and Amica will work together to offer energy services to Amica’s customers.

Strategy

AFG buys Crop Risk Services

By Coverager ·

CRS is a primary crop insurance general agent based in Decatur, Illinois.

Financials

Root’s Q1 2023 results

By Avi Ben-Hutta ·

The company ended the quarter with 199,685 policies in force.

Financials

Progressive to reduce advertising spend

By Avi Ben-Hutta ·

The insurer will evaluate policy acquisition costs in both the agency and direct channels.

Investments

Range raises $12 million

By Avi Ben-Hutta ·

Range offers an all-in-one AI wealthtech platform.

Business

Sophos partners with Measured Analytics and Insurance

By Avi Ben-Hutta ·

The new partnership "unlocks" Measured insurance premium savings for Sophos’ US-based customers.

Member News

Three Ways To Increase ROI On AI-Driven Data And Analytics Transformation

By Raunaq Kalia ·

NeuralMetrics CEO, Prakash Vasant, provides three best practices to increase the return on investment on AI-driven data and analytics implementation.

Business

Prudential no longer reports Assurance IQ results

By Avi Ben-Hutta ·

Prudential stated that Assurance IQ no longer represents a separately reportable segment.

Member News

Potential Impacts of FTC’s Near-Blanket Ban on Noncompetes

By AgentSync ·

An FTC rule would ban noncompete clauses within employment contracts, even for gig-workers and freelancers.

Business

State Farm offers ADT products in two new states

By Avi Ben-Hutta ·

The offering is now available to State Farm customers in Illinois and Pennsylvania.

Business

Sky introduces smart home insurance

By Avi Ben-Hutta ·

The new offering gives UK-based customers £250 worth of devices.

Innovation

Bivvy discontinues sales of pet insurance policies

By Shefi Ben-Hutta ·

Bivvy went from pilot to revenue in six months and was "successfully sold."

Business

Midwest Holding to be acquired by Antarctica Capital

By Coverager ·

The company ended 2022 with a net income of $7.1 million, compared to a net loss of $16.6 million in 2021.

Member News

Building an application to reduce distracted driving

By Sentiance ·

Sentiance identifies four main categories to help you understand and contribute to your mobile application success and reduce distracted driving.

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