Coverager® - Insurance News and Insights

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Artificial Intelligence Underwriting Company partnered with ElevenLabs Harbor partnered with Crossmint Heomi picks Payshift in Claims ICW Group picks Ultrassure in Claims ERGO Next Insurance uses Artificial Intelligence in Underwriting Universal Sompo partnered with PhonePe Acrisure partnered with ESET Abacus Global Management partnered with Retirable Flarre.AI raised $2K MoneyExpert picks Fruga in Customer Service HUB International picks Bind AI in Admin Stand Insurance Solutions raised $70M Fruga raised $1.33M Harbor raised $10M Bolttech Insurance (Hong Kong) raised $20.72M

Breaking Bot

By Shefi Ben-Hutta

According to a Seaworthy survey of 1,028 high-earning Americans, 74% would let an AI assistant research insurance options.

Innovation

DataCubes. Data Fantastic.

By Shefi Ben-Hutta ·

It’s been 6 months and 28 days since Schaumburg-based data and analytics insurance startup DataCubes announced its $2.5M Series A round. The startup, established in 2015 and led by Kuldeep Malik, is...

Product

Brightpeak is Helping Couples Navigate Love + Money

By Shefi Ben-Hutta ·

Brightpeak Financial recently launched its beta version of Together™, a free digital coach designed to help couples navigate love and money. “Financial health and relationship health are closely linked. We...

Business

“Cyber is One of the Most Important Risks Facing Society in the 21st Century”

By Shefi Ben-Hutta ·

San Fran-based CyberCube Analytics, a risk modeling platform for cyber risk analytics, recently announced that it has emerged from stealth mode, backed by investment from Silicon Valley based investor Trident...

Marketing

A New Look for CAI Insurance

By Shefi Ben-Hutta ·

Before: After: The Cincinnati-based insurance agency, established in 1955, is among the largest independent P&C agencies and the largest group health brokerages. Partners include: Acuity, Chubb and Selective;...

Business

White Mountains to Acquire Majority Stake in NSM

By Shefi Ben-Hutta ·

White Mountains Insurance Group announced its plans to acquire a majority equity stake in NSM Insurance Group, a specialty insurance program administrator. The transaction values NSM at approximately $388M. White Mountains intends...

Investments

HealthTech Company Accolade Announces $50M in Financing

By Shefi Ben-Hutta ·

Accolade announced $50M in funding led by existing investors Andreessen Horowitz, Carrick Capital Partners, Madrona Venture Group and McKesson Ventures, with participation from new investors including Cross Creek Advisors and Madera Technology Partners. The round brings Accolade’s...

Business

MetLife to Offer Travel Insurance Via Tencent’s WeSure Platform

By Shefi Ben-Hutta ·

MetLife and WeSure, digital insurance provider owned by Tencent, announced a strategic partnership to offer insurance solutions to travelers through Tencent’s WeSure online insurance platform. This alliance marries...

Strategy

Tomorrow is No Longer Mobile-Only

By Shefi Ben-Hutta ·

Seattle-based Tomorrow, a provider of a mobile app (available for iOS devices) that integrates a legal will, trust and life insurance into a single flow, is working on a web...

Investments

Coming Soon: The Midrive Marketplace

By Shefi Ben-Hutta ·

UK-based Midrive announced that it has raised £1.9M from over 450 investors through its equity crowdfunding campaign on Crowdcube, bringing its total funding to date to ~$9.6M. The company, established in...

Business

GoBear’s Reason to Celebrate

By Shefi Ben-Hutta ·

GoBear, Asia’s metasearch engine for insurance and financial products, celebrated its first birthday this month, recording a 50% month on month growth in usage since its launch last March. In...

Business

Invest in Love With Moneyfarm

By Avi Ben-Hutta ·

Moneyfarm, the Allianz-backed digital wealth manager that helps people protect and increase their wealth through time, has launched a self-invested personal pension (Sipp). Some history. The London-based company was...

Marketing

One of The Few Things Nexible Actually Sends by Mail

By Shefi Ben-Hutta ·

Munich Re’s digital car insurer Nexible has found a way to make sure policyholders know what to do in the event of a claim. It mails them a label/badge to hand...

Subaru Fights Fatigue With Facial Recognition

By Shefi Ben-Hutta ·

Did You Know? Each day in the US, more than 1,000 people are injured in crashes reported to have involved a distracted driver. Enter Subaru. No kids. No debt. No...

Innovation

Bunker Now Even More Amazing With UBI by Chubb

By Shefi Ben-Hutta ·

Bunker, the San Francisco-based insurance startup launched to embed insurance directly into the contracting process, announced its partnership with Chubb to offer flexible insurance for the growing flexible workforce. Keyword: flexible. ...

Business

MoneySuperMarket.com Acquires Decision Technologies

By Shefi Ben-Hutta ·

According to TheBusinessDesk.com, MoneySuperMarket.com has been given the green light to press ahead with a £40m acquisition of Decision Technologies. London-based Decision Technologies is a team of 54 led by Michael Philips that...

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Featured Jobs

Vertafore automates policy processing with two new Velocity AI agents for independent agencies

By Vertafore ·

OneShield Appoints Terry Brown Chief Insurance Officer

By Debbie Ryan, OneShield ·

How AI is Changing Insurance Document Research

By Vertafore ·

Ascend Introduces Cora, an AI Coworker Designed to Enhance Automation, Starting with Commissions Reconciliation

By Ascend ·

reThought Flood selects Vertafore to expand access to private flood coverage

By Vertafore ·

Zywave Horizon: Cyber Risk NYC Brings Cyber Risk Leaders Together at a Crucial Moment as Market Forces Shift

By Zywave ·

Vertafore earns industry honors for innovation shaping the future of insurance technology

By Vertafore ·

2027 Insurance Trends: The Math is Getting More Complicated

By Evy Strom, ePayPolicy ·

How the Insurance Industry Can Drive Growth in the Age of AI

By Zywave ·

Flood Insurance vs. Home Insurance

By Melanie Musson, Clearsurance ·

Share a news tip with Coverager

Do you have any piece of information that's newsworthy? Coverager relies on different sources to tell stories and we invite you to share news with us. You can reach out to us here or you can connect with us here and here.

Breaking Bot

DataCubes. Data Fantastic.

Brightpeak is Helping Couples Navigate Love + Money

“Cyber is One of the Most Important Risks Facing Society in the 21st Century”

A New Look for CAI Insurance

White Mountains to Acquire Majority Stake in NSM

HealthTech Company Accolade Announces $50M in Financing

MetLife to Offer Travel Insurance Via Tencent’s WeSure Platform

Tomorrow is No Longer Mobile-Only

Coming Soon: The Midrive Marketplace

GoBear’s Reason to Celebrate

Invest in Love With Moneyfarm

One of The Few Things Nexible Actually Sends by Mail

Subaru Fights Fatigue With Facial Recognition

Bunker Now Even More Amazing With UBI by Chubb

MoneySuperMarket.com Acquires Decision Technologies

Southeast State Manager

Voice Product Manager – Home

Vertafore automates policy processing with two new Velocity AI agents for independent agencies

OneShield Appoints Terry Brown Chief Insurance Officer

How AI is Changing Insurance Document Research

Ascend Introduces Cora, an AI Coworker Designed to Enhance Automation, Starting with Commissions Reconciliation

reThought Flood selects Vertafore to expand access to private flood coverage

Zywave Horizon: Cyber Risk NYC Brings Cyber Risk Leaders Together at a Crucial Moment as Market Forces Shift

Vertafore earns industry honors for innovation shaping the future of insurance technology

2027 Insurance Trends: The Math is Getting More Complicated

How the Insurance Industry Can Drive Growth in the Age of AI

Flood Insurance vs. Home Insurance

Share a news tip with Coverager