Coverager® - Insurance News and Insights

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American Express partnered with Chubb AccuQuote Insurance picks Fletch Technologies in Sales Alpha Transactional Risk partnered with Probitas 1492 Alpha Transactional Risk partnered with AXA XL Jerry partnered with LenderLogix Lemonade picks Limy AI in Sales Clarion Claims picks Ravin AI in Claims Sure partnered with Groma Homebound Insurance Exchange picks ZestyAI in Underwriting Amica Insurance picks Flume in Risk Mitigation egaranti raised $1.1M Meanwhile raised $37.5M Clasp raised $13.25M TODAY raised $3.14M Insuraviews raised $750K

Northwestern Mutual backs Leela

By Shefi Ben-Hutta

Leela develops AI agents for financial services compliance.

Financials

Kansas City Life announces Q2 2020 results

By Coverager ·

Also contributing to the improvement in both periods were an increase in insurance revenues and a decrease in policyholder benefits.

Product

Liberty General Insurance introduces ‘Liberty Assure’ to waive deductible

By Coverager ·

The new feature allows customers to waive the cost of 'Compulsory Deductible' for every claim at no additional premium. The new feature will also give customers even more control over their insurance costs, thus enabling them to save more.

Business

BeneBay names new CEO Jay McLauchlin

By Coverager ·

In 2016 BeneBay released a unique online quoting tool to create a new pathway for small group employers to access affordable health plan designs, technology, and services previously available only to larger groups.

Business

Revolut wants to create an insurtech business

By Avi Ben-Hutta ·

The company is hiring a VP of Insurance that will help create and run an insurtech business that will provide comprehensive insurance solutions to retail and business users across the globe.

Business

Third Point Re and Sirius Group combine to form SiriusPoint

By Coverager ·

Third Point Reinsurance, a specialty reinsurer, and Sirius International Insurance Group, a global multi-line insurer and reinsurer, announced they have entered into a definitive agreement for Third Point Re and...

Business

K2 Insurance Services is expanding with the acquisition of Coast to Coast

By Coverager ·

K2 Insurance Services continued its insurance services expansion with the acquisition of independent adjusting firm Coast to Coast. The acquisition advances the company strategy of building a premier insurance services company...

Investments

Zensurance secures Series B financing

By Gabriella Ben-Hutta ·

Zensurance’s products help small business owners protect and grow their businesses with confidence.

Investments

CoPilot raises $10 million

By Avi Ben-Hutta ·

The startup brings a "unique, assisted commerce approach" to the market with a mobile application that guides consumers through all four stages of a high-consideration purchase journey: discovery, search, purchase and ownership.

Member News

Venture-backed Insurtech Foresight Poised to Shake Up Workers Compensation

By Foresight Insurance Press Office ·

Foresight offers an innovative workers’ compensation program for safety-critical verticals Foresight recently announced its technology-first workers’ compensation program for brokers serving businesses in historically hazardous industries, making it the first...

Business

Global Parametrics provides parametric solution in the world’s remotest habitable island

By Gabriella Ben-Hutta ·

The company has structured a solution to provide parametric protection against extreme windstorms for the Tristan Lobster Processing Facility, the main business on the world’s most remote habitable island, Tristan da Cunha, a British Overseas Territory in the South Atlantic.

Business

Great Eastern partners with RebateMango to launch new dimension of rewards for online shopping

By Gabriella Ben-Hutta ·

The companies will collaborate to launch a new dimension of rewards on UPGREAT, Great Eastern’s all-in-one rewards platform with a comprehensive range of dining, lifestyle and shopping rewards, as part of the leading insurer’s regional consumer strategy to engage its customers online.

Business

Foresters Financial introduces LawAssure technology platform

By Gabriella Ben-Hutta ·

LawAssure is a knowledge-based system that uses answers gathered from an in-depth online questionnaire and pre-programmed logic, specific to the user’s US state or Canadian province of residence, to instantly customize and populate Wills, Powers of Attorney and healthcare directives.

Technology

EIS and Spraoi partner to enhance the dental and ancillary benefits customer experience

By Gabriella Ben-Hutta ·

The collaboration between EIS and Spraoi is designed to accelerate the simplification of systems and the customer experience and quickly enable new product offerings, distribution, and AI-assisted customer journeys.

Business

Uber now delivers drugs

By Avi Ben-Hutta ·

Following the initial launches in Seattle and Dallas, Nimble and Uber Health are already working to expand the partnership in additional regions across the United States.

Investments

Waterdrop raises $230 million

By Avi Ben-Hutta ·

Waterdrop distributes insurance policies online via Waterdrop Insurance Mall, provides illness crowdfunding via its platform Waterdrop Crowdfunding, and operates mutual funds.

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Featured Jobs

Head of Cyber Insurance Programs

Tint

Member News

How AI is Changing Insurance Document Research

By Vertafore ·

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

By Andrew Wynn, 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 ·

EquiTrust Partners with Sureify to Build a More Connected Digital Future

By Team at Sureify, Sureify ·

Fuse Launches Environmental Hub, Combining Safety, PFAS and Litigation Signals Into One View of the Waste Risk Market

By Sean Bourgeois, Fuse ·

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.

Northwestern Mutual backs Leela

Kansas City Life announces Q2 2020 results

Liberty General Insurance introduces ‘Liberty Assure’ to waive deductible

BeneBay names new CEO Jay McLauchlin

Revolut wants to create an insurtech business

Third Point Re and Sirius Group combine to form SiriusPoint

K2 Insurance Services is expanding with the acquisition of Coast to Coast

Zensurance secures Series B financing

CoPilot raises $10 million

Venture-backed Insurtech Foresight Poised to Shake Up Workers Compensation

Global Parametrics provides parametric solution in the world’s remotest habitable island

Great Eastern partners with RebateMango to launch new dimension of rewards for online shopping

Foresters Financial introduces LawAssure technology platform

EIS and Spraoi partner to enhance the dental and ancillary benefits customer experience

Uber now delivers drugs

Waterdrop raises $230 million

Southeast State Manager

Voice Product Manager – Home

Head of Cyber Insurance Programs

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

EquiTrust Partners with Sureify to Build a More Connected Digital Future

Fuse Launches Environmental Hub, Combining Safety, PFAS and Litigation Signals Into One View of the Waste Risk Market

Share a news tip with Coverager