Company Archive

Coverager Data

Shelter Insurance picks One Inc in Claims 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 Steady Technologies raised $5.41M Eleos Life partnered with teachr Marsh partnered with TIPI Insurance Partners Embedded Insurance raised $4M Beagle Labs raised $4.1M 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.

Financials

Employers’ Q2 2022 highlights

By Shefi Ben-Hutta ·

Employers has over 40 digital API integrations, California remains its top market and in general, workers' comp remains a soft market.

Member News

Speed Equals Satisfaction in a Historically Slow Insurance Industry

By AgentSync ·

If there’s one thing your insurance business can do to improve both employee and client satisfaction, it’s finding a way to cut down delays and lag times in your internal and client-facing processes. More often than not, it's technology.

Strategy

Allianz Direct launches partnership with CHECK24

By Coverager ·

For starters, the companies will launch a car insurance product in Germany.

Member News

New Obie and LoanBase Partnership Streamlines the Insurance Process

By Aaron Letzeiser ·

Obie is partnering with LoanBase to streamline insurance for lenders, borrowers and brokers.

Investments

Truework raises $50 million

By Avi Ben-Hutta ·

Truework is an income verification startup.

Investments

Life insurance startup Modern Life raises $15 million

By Coverager ·

Modern Life offers technology solutions to digitally streamline advisors’ practices.

Financials

Root’s Q2 2022 highlights

By Avi Ben-Hutta ·

The company ended the quarter with 297,716 auto policies in force, a decrease of 76,005 compared to Q2 2021.

Technology

Nexar acquires Veniam to leverage vehicles as engines of data

By Coverager ·

Based in Porto, Portugal, Veniam's technology turns the cars themselves into internet access points for other devices.

Investments

Real estate startup Milestones raises $10.3 million

By Avi Ben-Hutta ·

Milestones offers a home ownership portal.

Business

Global Indemnity to sell unit American Reliable Insurance to Everett Cash Mutual

By Coverager ·

ECM’s acquisition of ARIC will shift ECM from a regional carrier to a national provider.

Financials

Lemonade’s Q2 2022 highlights

By Avi Ben-Hutta ·

Lemonade submitted about 100 rate filings in the past 12 months.

Financials

Summary of Trupanion’s Q2 2022 earnings call

By Shefi Ben-Hutta ·

Trupanion's Q2 revenue was up 30% year-over-year.

Antarctica Capital acquires a controlling interest in Descartes Labs

By Coverager ·

Descartes Labs works with clients in the finance, insurance, agribusiness, and environmental impact industries.

Investments

Properly raises $36 million CAD

By Avi Ben-Hutta ·

Intact Ventures participated in the round.

Strategy

Nuula deepens focus on term life insurance

By Shefi Ben-Hutta ·

Through the Nuula app, users will now be able to shop, compare and buy term life Insurance.

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Member News

The AI Opportunity in Claims and Underwriting

By Vertafore ·

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 ·

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