Company Archive

Coverager Data

Hadron Insurance partnered with Integra Insurance Solutions NatWest Bank partnered with Uinsure WCF Insurance picks Origami Risk in Claims Corgi picks Clearwater Analytics in Admin Broker Buddha picks CoverForce Inc in Sales Curant.ai raised $3.1M 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 Trivora Insurance raised $4.64M Travelers raised $750M

Utica National partners with the Buffalo Bills

By Coverager

Utica National will also use the relationship to increase its brand visibility and promote its network of independent insurance agents.

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

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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