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

Beam Benefits raises $40 million

By Coverager ·

As background, Beam, formerly Beam Dental, was launched in 2012 as a full stack dental company that looked to incorporate dental hygiene behavior into policy pricing.

Business

Tom Troy joins USAA as chief transformation officer

By Coverager ·

Troy joins USAA from CSAA Insurance Group.

Business

Onto goes into administration

By Avi Ben-Hutta ·

Onto was backed by L&G.

Business

The Hartford introduces new digital submission capabilities

By Coverager ·

The Hartford has expanded its digital capabilities with new submission and quote APIs.

Business

Arch Insurance launches proactive cyber insurance solution

By Coverager ·

Arch CyPro will be distributed through current broker relationships.

Investments

Immix raises $2.7 million

By Avi Ben-Hutta ·

MassMutual Ventures led the round.

Strategy

Aviva to exit Singlife joint venture

By Avi Ben-Hutta ·

The transaction is subject to customary closing conditions.

Member News

Why Are So Many Life Insurance Producers Seeking Securities Licenses?

By AgentSync ·

Why a growing number of insurance agents are becoming dually licensed and what it means for the carriers and MGAs/MGUs they work with.

Financials

HCI Group files new Form S-3 to replace expired registration

By Shefi Ben-Hutta ·

According to the filings, HCI may sell up to $150 million in shares or other investments in the future.

Innovation

Apple introduces new assistance feature

By Avi Ben-Hutta ·

The new assistance feature builds on the Emergency SOS and Find My via satellite features.

Business

Caribou no longer offers insurance

By Avi Ben-Hutta ·

Caribou's insurance efforts were led by ex-Policygenius employee Jason Fromm.

Business

Amazon announces Supply Chain by Amazon

By Avi Ben-Hutta ·

Supply Chain by Amazon is an end-to-end set of supply chain services.

Member News

Coterie Insurance Rings in Fifth Year with Strong Growth

By Katherine Jones ·

“We’ve been able to rapidly grow by solving real problems for our distribution partners and policyholders, all while keeping loss ratios and overhead low," said David McFarland, CEO at Coterie.

Member News

Great American Insurance Group and TrustLayer Bring Embedded Coverage and Tracking Solution to Equipment Leasing

By John Fohr ·

Great American Insurance Group Specialty Equipment Division and TrustLayer announce the launch of a real-time tracking solution for the equipment finance industry.

Investments

Alix raises $5.5 million

By Avi Ben-Hutta ·

American Family Ventures participated in the round.

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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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