Company Archive

Coverager Data

Velocity Credit Union partnered with Inszone Insurance Chubb partnered with Amazon CalcFocus picks One Inc in Sales MoneySuperMarket partnered with Open Insurance Technologies MoneySuperMarket partnered with Allianz MoneySuperMarket partnered with Covéa Insurance Adam Riese picks Neodigital in Admin Munich Re picks EightByZero in Claims Vertafore picks Floatbot in Admin DUAL North America picks .406 Ventures in Underwriting Coverwatch raised $4.5M Klaimee raised $5.5M PremFina raised $541.32M American Growth Insurance raised $70M PolicyStreet raised $5M

Travelers remains open to M&A following strong Q2

By Shefi Ben-Hutta

Travelers has now gone about two and a half years without another announced acquisition.

Financials

Lemonade’s Q1 2022 highlights

By Avi Ben-Hutta ·

Lemonade has filed about 100 applications for rate changes in the past year.

Member News

The Future of Insurance is Embedded: Life Policies at the Point of Sale

By RGA ·

Embedded insurance is fast becoming a favorite buzzword among insurtech entrepreneurs and insurance innovators. But what does it mean, and why does it matter? Put simply, embedded insurance is a...

Product

Clearcover launches Car Care

By Gabriella Ben-Hutta ·

Car Care is now available to eligible Clearcover customers in Arizona, Ohio, Pennsylvania and Utah with plans to expand geographically throughout 2022.

Investments

SALT Insure raises $2 million

By Gabriella Ben-Hutta ·

Founded in 2018 by Box Insurance, the company (a team of ~8) offers independent agents a digital application to quote home and auto where they can share a branded URL with prospects and reduce the time it takes to quote.

Business

Volly announces integration with Progressive

By Avi Ben-Hutta ·

This new integration will give clients who are applying for a loan through Volly's Lending Solutions platform access to home insurance quotes from Progressive.

Member News

Certificial Ranks Among Highest-Scoring Businesses on Inc. Magazine’s Annual List of Best Workplaces for 2022

By The Certificial Team ·

Certificial has been named to Inc. magazine’s annual Best Workplaces list.

Strategy

Trip.com and AXA Partners strengthen partnership

By Coverager ·

AXA Partners and Trip.com expand their partnership to new markets, including Italy and Spain in 2022.

Product

Cyber insurance for data in motion

By Coverager ·

CloudCover is a cybersecurity insurance platform.

Investments

Munich Re Ventures invests in ShipIn Systems

By Avi Ben-Hutta ·

The funding amount was not disclosed.

Strategy

SURE closes $150 million private placement catastrophe bond transaction

By Coverager ·

Swiss Re Capital Markets and TigerRisk Capital Markets & Advisory acted as joint structuring agents and joint bookrunners on the transaction.

Strategy

Pets Best achieves 500,000th pets insured milestone

By Coverager ·

The company was acquired by Synchrony Financial in 2019.

Strategy

Skyward Specialty adds captive solution to construction portfolio

By Coverager ·

The program will include commercial auto, general liability, and workers’ compensation.

Business

White Mountains to sell NSM to Carlyle

By Coverager ·

The transaction values NSM at $1.775 billion.

Investments

SimpliSafe raises $200 million

By Avi Ben-Hutta ·

The Boston-based company now counts 1.5 million customers.

Opinion

Wrong Answer

By Avi Ben-Hutta ·

The uncertain direct channel is certainly the bigger and faster growth channel for Progressive.

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Member News

From System of Record to System of Action: AI in the AMS

By Anupam Gupta, Applied Systems ·

Cytora and InformData Join Forces to Embed Verifiable People Data into Commercial Risk Processing

By Richard Hartley, Applied Systems ·

The MGA Talent Cliff Is Here. What's Your Plan?

By Vertafore ·

AI-Powered Workflows Inside Your Agency Management System

By Vertafore ·

InsurGrid Launches Intake-to-ACORD Workflow for Commercial Insurance Agencies

By InsurGrid Team, InsurGrid ·

Ivans Index Q2 2026 Results Released

By Michael Streit, Applied Systems ·

How AI is Transforming Insurance Research and Decision-Making

By Vertafore ·

EZLynx Partners with First Connect to Bring All-in-One AMS to Member Agents

By Rob Bourne, EZLynx ·

Dearborn Labs Announces Launchpad, an AI Insurance Accelerator That Funds and Builds AI Infrastructure for MGAs

By Alec Martins, Clearcover ·

Regulators Don’t Want an AI Policy. They Want Receipts.

By Yo Sub Kwon, Voltaire ·

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