Coverager® - Insurance News and Insights

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GEICO partnered with Fidelity Life GEICO partnered with eFinancial Squaretrade partnered with Reebelo AgencyBloc picks SunFire in Sales Abacus Life picks Lorisco Life in Risk Mitigation M3 Insurance Solutions partnered with Chubb M3 Insurance Solutions partnered with AIG Zing Health raised $140M GeoX raised $19M Laris Motorsports Insurance picks BriteCore in Admin Farm Bureau Insurance of Michigan picks Whisker Labs in Risk Mitigation Arden Insurance Services picks Nearmap in Underwriting Ledger Investing raised $100M First American Financial Corporation raised $450M arqu raised $10M

California to launch nation's first public wildfire catastrophe model

By Shefi Ben-Hutta

California aims to be the first state to create a public wildfire catastrophe model.

Financials

ManyPets posts £42 million loss

By Avi Ben-Hutta ·

Despite the year-over-year revenue decline, staff costs increased.

Business

Coalition partners with MS&AD

By Avi Ben-Hutta ·

The companies are providing cybersecurity monitoring solutions to small and medium-sized businesses in Japan.

Member News

Ascend Selected by Founder Shield to Automate Financial Operations Process to Improve Customer Experience, Broker Efficiency

By Andrew Wynn ·

San Francisco, CA – October 4, 2023 – Ascend, the leading financial operations automation platform, has been chosen by Millennial Specialty Insurance, LLC, an indirect subsidiary of BRP Group, Inc....

Investments

Allium Data announces pre-seed round

By Coverager ·

The funding round comes from Markd.

Member News

Dually Licensed Broker-Dealers Spell More Compliance Duties for Insurance Carriers

By AgentSync ·

Insurance carriers that work with dually licensed broker-dealers have more than double the compliance concerns.

Innovation

ADP launches corporate venture capital arm

By Coverager ·

ADP Venture's mission is to enhance and strengthen ADP's core business.

Member News

The mindset shift the insurance industry doesn’t know it needs

By Emily Smith Cardineau ·

A human-centric, design-minded perspective on a business-centric, insider-minded industry—from Cake & Arrow CEO, Josh Levine.

Business

Lyft and Mobilitas renew partnership

By Coverager ·

Lyft and Mobilitas have partnered since 2020.

Business

Heffernan Insurance Brokers launches HIB Marketplace

By Avi Ben-Hutta ·

The platform is powered by Semsee.

Innovation

Boost and Canopius announce partnership

By Avi Ben-Hutta ·

Boost is a full-stack digital MGA platform.

Member News

Reserv Raises $20M Series A Co-Led By Altai Ventures and Bain Capital Ventures (BCV) to Accelerate Already-Rapid Growth

By The Reserv Team ·

“Reserv is one of the fastest growing insurtech startups we have seen at this stage" said Matt Harris, Partner at Bain Capital Ventures (BCV).

Business

Acorns introduces new premium subscription

By Avi Ben-Hutta ·

Subscribers get access to $10,000 in free life insurance.

Business

CDI settles with Go and Topa

By Coverager ·

Topa was fined $2,108,000.

Business

iA Financial to acquire Vericity

By Avi Ben-Hutta ·

The transaction valued at approximately $170 million.

Investments

Farther raises $31 million

By Avi Ben-Hutta ·

Farther has raised $53 million since its inception in 2019.

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Featured Jobs

Associate State Manager, Commercial Lines

The Hanover

Underwriting Manager (Small Commercial Insurance - All Lines)

Thimble

Production Underwriting Specialist

Great American Insurance Group

Member News

Herald Introduces AI-powered Data Extraction

By Herald, Herald ·

Coterie Insurance Enables Instant Business Insurance with BTIS

By Katherine Jones, Coterie Insurance ·

HawkSoft Welcomes Rhodian Group to Solution Partner Program

By HawkSoft, HawkSoft ·

Crimes Against Customers: Part 3 – Technology Crimes

By AgentSync, AgentSync ·

Kyber Unveils Platform to Automate Claims Notices & Letter for Insurance Claim Teams

By Sav Gadoo ·

Gerent & Herald Revolutionize Workflows for Insurance Brokerages

By Herald, Herald ·

Insurance knowledge databases: The InsurTech that tames a hard market

By Vertafore ·

How Personalization Creates Engagement for a World-Class Producer Experience

By AgentSync, AgentSync ·

What carriers should consider as federal courts delay the 2024 DOL Fiduciary Rule implementation

By Vertafore ·

Administrative Actions: What Are They and Who Do You Report Them to?

By AgentSync, AgentSync ·

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