Company Archive

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Salty.AI partnered with Mercury Insurance Cover Genius partnered with Deblock Groupama picks Continuity in Underwriting AXA XL picks Collibra in Admin The Mutual Group picks Nativeorange in Admin Amica Insurance picks Collibra in Admin Abacus Global Management raised $400M Life Settlement Advisors raised $200K Eleos Life partnered with teachr Marsh partnered with TIPI Insurance Partners Embedded Insurance raised $4M Beagle Labs raised $4.1M Salty.AI raised $4M Zurich picks Willis Towers Watson in Pricing TruePoint Systems partnered with SeedPod Cyber

Allstate adds auto insurance estimates to ChatGPT

By Coverager

The estimate starts in ChatGPT; the remaining steps take place with Allstate.

Business

GAINSCO auto insurance rolls out in Oregon

By Coverager ·

Oregon is the 19th state where customers can obtain GAINSCO Auto Insurance.

Product

HUB partners with Swiss Re to offer insurance to shopping centers

By Coverager ·

Coverages offered include property insurance, general liability and workers’ compensation insurance.

Technology

Meshify and Amazon Sidewalk to help fulfill the promise of IoT risk management

By Coverager ·

HSB and Meshify protect homes and small businesses 24/7 through IoT risk mitigation.

Business

Highmark notifies members about data breach

By Coverager ·

Highmark has not discovered any evidence to date that data potentially accessed because of this incident has been used fraudulently.

Strategy

BriteCo expands jewelry insurance to independent agents

By Coverager ·

Founded in 2017, BriteCo has raised $11 million and is a team of ~20.

Investments

PCF Insurance secures $500 million preferred equity investment

By Coverager ·

At the time of investment, the valuation of PCF Insurance is $4.7 billion.

Financials

Insurance startup Hala shuts down

By Shefi Ben-Hutta ·

The startup closed its business as of Feb 15. 2023.

Technology

Waterdrop tests a ChatGPT-like application

By Coverager ·

Waterdrop is a Chinese insurance company.

Strategy

Introducing Hippo Builder Insurance Agency

By Coverager ·

Hippo Builder Insurance Agency.

Product

Blue Marble partners with Nestle/Nescafe

By Coverager ·

Blue Marble launches pilot program in Indonesia with Nescafe.

Investments

Zylo secures additional $5 million in funding

By Avi Ben-Hutta ·

MassMutual Ventures provided the funding.

Business

Travelers introduces innovation network for construction industry

By Coverager ·

This is the latest example of Travelers partnering with construction customers to help them manage risk and promote a culture of safety.

Innovation

Freelancer insurance agency Dinghy to shut down

By Shefi Ben-Hutta ·

Dinghy launched in London in 2018 when it offered commercial insurance coverage underwritten by Beazley Syndicates at Lloyd’s.

Member News

Pavo and Dais Technology Team up to Release an Insurance Industry First: a Premium Finance Marketplace

By Jason Kolb ·

Pavo and Dais announce the launch of the insurance industry's first Premium Finance Marketplace. This offering will provide the insurance industry and their clients with an efficient and convenient way to access financing for insurance premiums.

Sikoia raises $6 million

By Avi Ben-Hutta ·

The round was led by MassMutual Ventures.

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Member News

Vertafore unveils Digital Underwriter vision to help MGAs increase underwriting capacity, reduce cycle time and improve bind rates

By Vertafore ·

Vertafore Unveils Agentic Agency Vision to Accelerate Distribution Velocity for Independent Agencies

By Vertafore ·

Sureify Expands Life & Annuity New Business with LifetimeACQUIRE, Connecting Quote to Book with Headless Architecture

By Team at Sureify, Sureify ·

Why Modern Insurance Agencies Are Consolidating Benefits Business in the AMS

By Tammi Shapiro, Applied Systems ·

Fuse Launches Transportation & Commercial Auto Hub as the Line Struggles to Reach Underwriting Profit

By Sean Bourgeois, Fuse ·

Why Every Commercial-Lines Agency Needs AI Risk Fluency

By Vertafore ·

EverPeak® expands to Georgia: instant, online workers' comp insurance for small businesses

By Elizabeth Johnson, EverPeak Insurance ·

Benefits renewal automation for insurance agencies gets an upgrade in Applied Epic

By Tammi Shapiro, Applied Systems ·

How AI is Transforming Document Workflows in Claims

By Vertafore ·

Andy Scurto to Lead OneShield Product Advisory Committee

By Debbie Ryan, OneShield ·

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