Company Archive

Coverager Data

Hadron Insurance partnered with Integra Insurance Solutions NatWest Bank partnered with Uinsure Corgi picks Clearwater Analytics in Admin Broker Buddha picks CoverForce Inc in Sales Healia Health raised $14M Franklin Madison partnered with Velocity Credit Union Voila Financial partnered with StagePoint Federal Credit Union Voila Financial partnered with Monterey County Bank Ominimo raised $22.5M IAG picks OpenAI in Claims CalcFocus picks One Inc in Sales Adam Riese picks Neodigital in Admin Trivora Insurance raised $4.64M Travelers raised $750M Coverwatch raised $4.5M

How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber

By Kyber

Aspire backed Kyber in the startup’s early days. Less than 90 days after implementation began, the companies went live and created a foundation of continued joint innovation.

Product

Cincinnati expands UBI program

By Coverager ·

Each driver with favorable scores may receive an additional discount up to 18% at annual renewal. This is on top of a 10% initial discount at sign-up - depending on the state and the driver's age.

Investments

Extend raises $260 million in Series C

By Gabriella Ben-Hutta ·

This round brings Extend’s total funding to more than $315 million with a $1.6 billion valuation.

Product

MORE THAN launches its mileage-based insurance product for ‘low-miler’ drivers

By Gabriella Ben-Hutta ·

The product uses a smart device to provide a 'fairer' way of offering car insurance for those who use their cars less often or travel shorter distances.

Business

Nexus partners with AGCS

By Gabriella Ben-Hutta ·

Nexus Group, will underwrite and handle claims for primary and excess business on behalf of AGCS, Allianz’s entity for large-scale corporate and specialty risks.

Business

INSUREtrust to distribute IT downtime insurance

By Coverager ·

As companies of all sizes begin to rapidly move their mission-critical systems to the cloud and are inherently more reliant on third-party providers, IT downtime has become a greater risk.

Financials

The Helper Bees acquires healthAlign

By Gabriella Ben-Hutta ·

Financial details were not disclosed.

Financials

Metromile announces Q1 results

By Avi Ben-Hutta ·

The company added 3,323 new policies since Q4 2020, while spending $8.5 million on marketing, sales, underwriting, and device costs.

Product

Arbol to offer parametric weather protection for vacation rentals

By Coverager ·

The program automatically refunds the renter's selected coverage amount if it rains for more than half of their vacation.

Financials

Solera to acquire Omnitracs and DealerSocket

By Gabriella Ben-Hutta ·

Financial terms were not disclosed.

Business

State Farm to offer electric sensors to more policyholders

By Avi Ben-Hutta ·

Ting is a sensor that monitors a home's electrical network to detect electrical hazards that may lead to fires.

Investments

MTech backs Monitaur

By Gabriella Ben-Hutta ·

Founded in 2019, Monitaur has developed software to help insurance companies govern and assure their predictive models.

Product

StashAway launches a term life insurance product

By Gabriella Ben-Hutta ·

StashAway Term Life is a group term life insurance policy underwritten by Prudential Singapore.

Investments

Jerry announces $57 million in total funding

By Avi Ben-Hutta ·

The startup works with a range of carriers including Progressive, Allstate and Travelers.

Member News

Selling Sprouts: The Future of Digital Life Insurance

By Jonathan Hughes ·

Many of us working in life insurance believe we make good, socially useful products; I do, too. Many of us also believe there’s a large mortality protection gap; I do,...

Business

Introducing commercial MGA Tango Specialty

By Coverager ·

Pelican Ventures announced the launch of , a modern, commercial lines managing general agency (MGA), and the appointment of Greg Wolyniec as President and CEO. Tango Specialty will establish several...

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Member News

Manger Insurance, Inc. Eliminates Manual Commission Reconciliation with Applied Recon

By Chase Petrey, Applied Systems ·

How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber

By Kyber, Kyber ·

Geico and Mercury: Cheapest Insurance in California

By Melanie Musson, Clearsurance ·

AI and the Trusted Advisor: Growing in a Softening Market

By Zywave ·

The NAIC Is Building an AI Evaluation Playbook. Claims Leaders Should Know What It Will Ask.

By Yo Sub Kwon, Voltaire ·

Vertafore launches Velocity AI Benefit Plan Agent inside the market-leading employee benefits solution, BenefitPoint

By Vertafore ·

New Zywave Survey: AI Emerges as Defining Force in the Broker-Client Relationship

By Zywave ·

Fuse Launches Healthcare & Senior Living Vertical, Bringing Real-Time Synthesized Market Intelligence to Commercial Insurance’s Hardest Class

By Sean Bourgeois, Fuse ·

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 ·

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