Company Archive

Coverager Data

Brotherhood Works partnered with Forte Hippo partnered with Accelerant Figo Pet Insurance partnered with Tractive Petsecure partnered with Pet Valu Western Financial Group partnered with Canadian Veterinary Medical Association Eye Security raised $68.55M Lincoln Financial Group raised $500M Allianz Commercial picks Hyperexponential in Pricing Canal Insurance picks Kyber in Claims Way Specialty picks Origami Risk in Admin Obie picks Magiq in Claims Alan raised $544.58M Taktile raised $110M Odie Pet Insurance picks Magiq in Admin Eden Care Medical raised $285.21K

Empower to buy Milliman's retirement admin business for $340 million

By Shefi Ben-Hutta

The two companies plan to work together by referring certain actuarial and defined benefit administration work to each other.

Strategy

Hippo acquires First Connect Insurance Services

By Shefi Ben-Hutta ·

Hippo acquires First Connect Insurance Services for approximately $25 million.

Investments

Pacaso raises $75 million

By Avi Ben-Hutta ·

Pacaso aims to make it easier for more people to own a vacation home by allowing them to buy a fraction of it.

Investments

Notarize raises $130 million

By Avi Ben-Hutta ·

The pandemic accelerated the need for businesses and consumers to digitize transactions that used to happen in person and as a result, Notarize saw its YoY revenue increase by 600% since March 2020.

Ease raises $41 million

By Avi Ben-Hutta ·

To date, the company has raised $70 million.

Investments

Pie Insurance raises $118 million

By Gabriella Ben-Hutta ·

To date, Pie has raised over $300 million in funding.

Investments

Claims management platform Snapsheet raises $30 million

By Coverager ·

Snapsheet provides simple and fast claims processes and experiences for insurance carriers, third-party administrators, insureds and vendors.

Product

Kin now offering homeowners policies in Louisiana

By Gabriella Ben-Hutta ·

Kin’s has a total insured value of more than $10 billion.

Investments

Neighbor raises $53 million

By Avi Ben-Hutta ·

Neighbor connects people in need of storage space with hosts in their neighborhood willing to lease extra storage space in their home or garage.

Member News

A how-to for smaller life carriers to compete and win

By The Breathe Life Team ·

To say these are challenging times in the life insurance industry is an understatement. From the pandemic to low-interest rates and disruptive technologies to new digital-native competition, challenges abound. At...

Member News

wefox Insurance Reports Profitability

By John Shewell ·

Turnover in 2020 in excess of EUR 100 million Premium Volume (GWP) on own insurance book increases by more than 500% Loss ratio decreased to 43%, while market operates at...

Investments

Capital One backs Hopper

By Gabriella Ben-Hutta ·

The company has raised $170 million in a Series F funding round led by Capital One.

Investments

Acrisure secures $3.4 billion in capital raise

By Gabriella Ben-Hutta ·

The company closed $454 million in Junior Preferred Stock at an implied enterprise value of $17.5 billion.

Business

Honcho partners with Admiral

By Gabriella Ben-Hutta ·

Admiral joins over 40 insurance providers across Honcho’s car and van insurance marketplaces.

Member News

Joyn selects Solartis for its microservices-based, configurable policy admin platform

By Carol McKenzie ·

Joyn Insurance selects Solartis for its microservices-based, configurable policy administration platform that leverages ISO Electronic Rating Content.

Business

John Hancock Vitality members to receive rewards for COVID-19 vaccination

By Gabriella Ben-Hutta ·

Beginning this spring, Vitality program members will have the opportunity to earn 400 program reward points when they share proof of their COVID-19 vaccination

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Member News

Vertafore’s latest AI innovations help agencies accelerate carrier statement reconciliation and turn Outlook activity into structured workflows

By Vertafore ·

Claims AI ROI Should Be a Scale Test, Not a Spreadsheet

By Yo Sub Kwon, Voltaire ·

Fuse Launches Tape: a Free, Live Market-Intelligence Surface for the Public P&C Insurance Complex

By Sean Bourgeois, Fuse ·

Dearborn Labs Launches “Context Window” Podcast Exploring the Real Stories Behind AI Adoption in Insurance

By Alec Martins, Clearcover ·

Canal Insurance Selects Kyber to Enable Claims Modernization and Equip Its Teams for the Road Ahead

By Kyber, Kyber ·

Canopy Connect Reaches 10 Million Shared Insurance Policies as Demand for Verified Insurance Data Grows

By Insurance Verification, Canopy Connect, Inc. ·

Checklist: 6 Ways to Automate for Smarter Insurance Operations this Summer

By Evy Strom, ePayPolicy ·

A major global broker in Australia moves commercial broker placement to API-first negotiation infrastructure

By InsureMO, InsureMO ·

5 Strategic Tradeoffs MGAs are Navigating

By Vertafore ·

Fuse Launches Hospitality Vertical, Bringing Real-Time, Synthesized Market Intelligence to One of Commercial Insurance’s Most Dynamic Classes

By Sean Bourgeois, Fuse ·

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