Coverager® - Insurance News and Insights

Coverager Data

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.

Product

OneDegree and Buyandship offer parcel protection

By Gabriella Ben-Hutta ·

With this service, members can shop knowing that they won’t have to pay high international shipping fees if products need to be returned.

Opinion

Next-gen rating models

By Shefi Ben-Hutta ·

In short, streamlining quoting applications and eliminating eligibility questions is what you do today to free up your mind to identify the data needed to price risk tomorrow as cars, homes, and workplaces are becoming smarter and safer and as external players with access to better data may someday simply be 'insurance entrants.'

Innovation

Driver Feedback by Honda and Acura to challenge telematics insurers

By Avi Ben-Hutta ·

The new app-based feature, powered by Verisk Analytics, will allow participating Honda and Acura drivers to receive feedback on their driving techniques and to potentially earn discounts on auto insurance rates in 42 US states.

Member News

Omniscience receives key patent for first use of AR for the computational enterprise

By Pallavi Ramnarain ·

Palo Alto, CA – July 31, 2020 – Omniscience today disclosed that it has been granted a patent for the first use of Augmented Reality (AR) for a key Computational Enterprise™ enabling...

Member News

Innoveo Launches the Power of eBro for the SME Broker Market

By Innoveo ·

Digitization drives competitive advantage in today’s broker market. Innoveo eBro delivers. Innoveo, a leading technology company, is leveraging its no-code rapid application development expertise to deliver digitization to the SME...

Innovation

Sprout acquires health analytics company Vivametrica

By Coverager ·

Sprout clients will benefit from Vivametrica's data assets including extensive global population datasets, data management and privacy controls, and Vivametrica's global traction in the insurance industry.

Marketing

AIG Life & Retirement launches new advertising campaign

By Coverager ·

The fully integrated brand and marketing program showcases the people, products and services that AIG Life & Retirement brings to its customers, clients and distribution partners.

Business

Progressive launches Snapshot Road Test

By Avi Ben-Hutta ·

The company launched a new feature in its Snapshot app that allows drivers to see if they might save on their car insurance rates due to safe driving before switching to Progressive.

Investments

Pet food startup Smalls raises $9 million

By Gabriella Ben-Hutta ·

This latest round, which includes participation from previous investors Founder Collective and Companion Fund, brings the company's total amount raised to $12M.

Investments

Ginger raises $50 million

By Avi Ben-Hutta ·

Ginger brings together behavioral health coaches, therapists, and psychiatrists, who deliver personalized care through one's smartphone.

Business

Prudential announces second quarter 2020 results

By Coverager ·

Net loss attributable to Prudential Financial, Inc. was $2.409 billion ($6.12 per Common share) for the second quarter of 2020, compared to net income of $708 million ($1.71 per Common share) for the second quarter of 2019.

Business

Alive Ventures launches with $12 million in funding

By Coverager ·

Alive Ventures is focused exclusively on an underserved market of 55 million older Americans.

Investments

Zibo raises $10.5 million

By Avi Ben-Hutta ·

Zibo offers a suite of financial tools, including FDIC-insured business checking accounts, automated rent collection, online bill pay, and expense management to simplify tax prep.

Business

Teladoc Health merges with Livongo

By Gabriella Ben-Hutta ·

This merger represents an opportunity to improve the delivery, access and experience of healthcare for consumers around the world.

Business

Blackstone to acquire Ancestry for $4.7B

By Gabriella Ben-Hutta ·

This transaction represents the first control acquisition for Blackstone’s eighth vintage of its flagship private equity vehicle.

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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 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

OneDegree and Buyandship offer parcel protection

Next-gen rating models

Driver Feedback by Honda and Acura to challenge telematics insurers

Omniscience receives key patent for first use of AR for the computational enterprise

Innoveo Launches the Power of eBro for the SME Broker Market

Sprout acquires health analytics company Vivametrica

AIG Life & Retirement launches new advertising campaign

Progressive launches Snapshot Road Test

Pet food startup Smalls raises $9 million

Ginger raises $50 million

Prudential announces second quarter 2020 results

Alive Ventures launches with $12 million in funding

Zibo raises $10.5 million

Teladoc Health merges with Livongo

Blackstone to acquire Ancestry for $4.7B

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