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

Cios wants to give renters flexibility

By Avi Ben-Hutta ·

The Fargo, ND-based startup is planning to launch next year.

Investments

Jetty raises $2 million

By Coverager ·

The details of this investment were not disclosed.

Marketing

CAC Group names Douglas Turk as chief marketing officer

By Coverager ·

Turk will be responsible for the development and implementation of CAC Group’s global marketing strategy across all business units and regions.

Financials

Hamilton Insurance Group confidentially files for US IPO

By Coverager ·

The number of common shares to be offered and the price range for the proposed offering have not yet been determined.

Business

Matic partners with Dart Bank

By Coverager ·

As of 2022, Dart Bank had $928 million in assets.

Business

Prudential and Warburg Pincus announce launch of Prismic Life Re

By Coverager ·

Prudential expects Prismic will allow the company to provide more people with access to its life and annuity products.

Innovation

OneAdvent completes Management Buyout

By Coverager ·

OneAdvent is a specialist MGA and broker services platform.

Strategy

Zurich expands graduate scheme with ‘green graduate’ placements

By Coverager ·

The application period for both graduate and internship programs will be open from September 11 until November 5, offering candidates an extended window to submit their applications.

Business

Hippo will resume writing new business next week

By Avi Ben-Hutta ·

Hippo's decision to pause new business was first covered by Coverager in mid-August.

Investments

Coaction Specialty raises $200 million

By Avi Ben-Hutta ·

The equity raise was led by existing investors.

Business

Vesttoo identifies fraud participants

By Avi Ben-Hutta ·

The investigation has identified that “pervasive and systemic misconduct” was engaged in by a limited set of Vesttoo executives and other third-parties outside of Vesttoo.

Financials

Gallagher buys Lifesure

By Coverager ·

Terms of the transaction were not disclosed.

Investments

CLARA Analytics raises $24 million

By Avi Ben-Hutta ·

QBE Ventures participated in the round.

Business

Renters can now purchase renters insurance on Zillow

By Avi Ben-Hutta ·

Renters will be able to easily share their policy documents with their landlord.

Technology

Waymo and Swiss Re share AV study results

By Coverager ·

These metrics are notable as insurance claims data is often considered a more reliable indicator of road safety than police reports.

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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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