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.

Business

Tesla makes cuts in Autopilot unit

By Avi Ben-Hutta ·

The company laid off nearly 200 employees.

Investments

MMV announces new fund focused on North America and Israel

By Coverager ·

MassMutual Ventures (MMV) is a multistage global venture capital firm investing in digital health, financial technology, enterprise SaaS, and cybersecurity companies

Member News

Embedding Products and Solutions to Increase Customer Retention

By Josh Schlesinger ·

While there are several applicable definitions of “embedded” when it comes to the insurance space, for the purpose of this article we will focus on the following: An embedded product...

Investments

Cleo raises $80 million

By Avi Ben-Hutta ·

The Cleo app has a variety of features including budgeting, saving, borrowing, building credit, and more.

Strategy

Mercedes-Benz prepares car production network for new electric portfolio

By Coverager ·

Shift towards ‘electric only’ is in the works.

Investments

PicnicHealth raises $60 million

By Coverager ·

PicnicHealth organizes patient medical records to provide them to medical product developers via simple-to-understand real-world datasets.

Investments

Rental investment platform Doorvest raises $50 million in debt financing

By Coverager ·

The new facility will support Doorvest in growing its business across the US and expanding its offering into real estate services.

Investments

Healthcare staffing company Nomad Health raises $105 million

By Coverager ·

New financing, a business expansion and a new CMO.

Strategy

Woodruff Sawyer launches MGA Nomadx

By Coverager ·

Nomadx is an MGA dedicated exclusively to Trustee Liability.

Investments

Electrify America raises $450 million

By Avi Ben-Hutta ·

Electrify America is a Volkswagen subsidiary.

Business

Insurify launches mobile app

By Avi Ben-Hutta ·

The app currently supports car insurance comparison.

Member News

Nationwide Connects to Ivans Distribution Platform

By Lauren Malcolm ·

Leading national carrier to streamline the commercial lines quoting and submission process to independent insurance agencies UNIVERSITY PARK, Ill. – June 28, 2022 – Ivans today announced that Nationwide...

Business

Wejo and Ford announce partnership

By Avi Ben-Hutta ·

Verisk and Ford announced a similar partnership earlier this year.

Investments

SortSpoke raises $4.5 million

By Gabriella Ben-Hutta ·

Founded in 2017, SortSpoke helps enterprises turn unstructured documents into structured data, making it 'easy' to automate the complex data entry work done by humans.

Investments

Stoïk raises €11 million

By Avi Ben-Hutta ·

Earlier this year, the startup raised $4.3 million.

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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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