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.

Business

Papa loses contracts with several health insurers

By Avi Ben-Hutta ·

Last year, Papa announced a pilot program with Mutual of Omaha.

Member News

Steward Risk Launches Automated Financial Operations Integration with Ascend and Veruna

By Ascend ·

San Francisco, CA – September 12, 2023 — Steward Risk, established in 2022 to serve the unique needs of middle-market clients in the construction, energy, manufacturing, and real estate industries...

Business

Dave Clark’s resignation from Flexport and its aftermath

By Coverager ·

Clark is reportedly seeking political counsel for a potential Texas governor campaign in 2026.

Business

Capital Assist files legal complaint against Fuzzy

By Shefi Ben-Hutta ·

Capital Assist alleges that they had an agreement with Fuzzy to buy the company's future receivables for $164,890.

Investments

DGTAL raises €3 million

By Gabriella Ben-Hutta ·

DGTAL's tech is used to review and evaluate insurance claims

Business

Miga and Sana Benefits announce partnership

By Avi Ben-Hutta ·

Miga provides patients with a personalized plan to tackle obesity, high blood pressure, diabetes, and high cholesterol.

Business

MassMutual introduces new wellness program

By Avi Ben-Hutta ·

The program offers cash incentives for those demonstrating a healthy lifestyle.

Business

Sompo International Global Reinsurance expands into Canada and adds new A&H product in NA

By Coverager ·

Sompo International announced the appointment of Apundeep Lamba as head of Reinsurance, Canada.

Business

Brown & Brown promotes Mike Bruce to CEO of Brown & Brown Europe

By Coverager ·

In this new capacity, Mike is tasked with steering Brown & Brown's overarching strategy in Europe.

Business

Integrity Life to cease writing policies

By Avi Ben-Hutta ·

Integrity Life was launched in 2018 and it acquired QBE Life from QBE Australia for $21.7 million.

Investments

KKR increases investment in USI

By Avi Ben-Hutta ·

The transaction is expected to be completed by the end of 2023.

Business

Lucy Fato to assume role of Vice Chair at AIG

By Coverager ·

Lucy joined AIG in 2017.

Business

Hippo has made a significant decision impacting agent commission

By Shefi Ben-Hutta ·

Sharing intel on Hippo's new commission structure.

Business

Sanlam and Allianz to provide insurance and financial services in 27 African markets

By Gabriella Ben-Hutta ·

The joint venture is called SanlamAllianz.

Investments

Tradeteq raises $12.5 million

By Avi Ben-Hutta ·

MS&AD Ventures led 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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