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

Brookfield Reinsurance to acquire Argo in $1.1 billion transaction

By Coverager ·

Under the terms of the merger agreement, Argo has agreed to suspend the payment of dividends on its common shares through the closing of the transaction.

Business

Layoffs at Sana

By Avi Ben-Hutta ·

Sana provides health insurance for small and midsize businesses and it raised over $100 million to date.

Member News

Insurance 101: Do Your Customer Service Representatives Need a License?

By AgentSync ·

While having a license is not always a requirement of becoming an insurance customer service representative, agencies with licensed CSRs may find the benefits outweigh the price.

Financials

Assurance IQ ends losing streak

By Avi Ben-Hutta ·

Prudential shared its Q4 2022 results today.

Business

Berkley Re Solutions partners with Barton Mutual Insurance Company

By Coverager ·

The companies are introducing a first-of-its-kind coverage for individuals and families who experience traumatic events.

Investments

Phantom AI raises $36.5 million

By Coverager ·

Phantom AI was founded in 2017 by Hyunggi Cho and Chan Kyu Lee, two Korean-born technologists who met at Tesla's cafeteria a year earlier.

Investments

Car IQ raises $15 million

By Avi Ben-Hutta ·

State Farm Ventures and Avanta Ventures participated in the round.

Business

Next Insurance partners with LegalZoom

By Avi Ben-Hutta ·

In 2020, 10% of all new LLCs and 5% of all new corporations in the country were formed through LegalZoom.

Strategy

Citizens named Tim Cerio as CEO

By Coverager ·

Cerio’s appointment must be confirmed by the Florida Senate.

Strategy

The FOXO/Sabes saga continues

By Coverager ·

FOXO's journey has been fraught with surprises.

Financials

CNA Q4’22 earnings call

By Shefi Ben-Hutta ·

Favorable development in workers' compensation was partially offset by unfavorable development in GL and commercial auto.

Financials

Aon Q4’22 earnings call

By Shefi Ben-Hutta ·

On Aon health analytics platform and leveraging AI.

Member News

Tractable teams up with Verisk to offer AI-powered estimates for property damage

By Casey Sobota ·

With Tractable’s AI, insurers that use Xactimate can access reliable property estimates and help cut the time to settle a property claim from months to as little as one day.

Business

Root sues former CMO BC Silver

By Avi Ben-Hutta ·

Root filed a lawsuit against Brinson Caleb "BC" Silver, who served as the company's chief marketing officer between November 2021 and November 2022.

Business

Layoffs at LeaseLock

By Avi Ben-Hutta ·

The layoffs will help LeaseLock extend its runway through 2024.

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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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