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.

Business

Fintech startup Current surpasses 1 million members

By Gabriella Ben-Hutta ·

Current saw its highest months of growth in April and May, adding over 100,000 new members each month, as demand for mobile banking with faster access to funds increased during a time of both heightened importance and uncertainty for many workers now deemed essential.

Technology

Accertify launches digital identity solution to battle fraud

By Coverager ·

Accertify, Inc., a wholly-owned subsidiary of American Express, announced the launch of a new solution designed to help organizations address the significant rise in fraudulent online account openings and account...

Product

86 400 partners with AFG to expand its broker distribution network

By Coverager ·

One year on from license and 86 400 accelerates beyond everyday banking.

Member News

Virtual Underwriting at Lloyd’s – build it and they will come

By Ben Heaney ·

The race is on to find solutions that support the virtual underwriting push at Lloyd’s, says Dialogue founder Ben Heaney. In September, the physical Lloyd’s market plans to reopen, albeit...

Investments

Claim Genius raises $5.5M in Series A funding

By Gabriella Ben-Hutta ·

The latest round is backed by a diversified mix of strategic investors including Malaysia-based Financial Link, a digital insurance automation services in Asia, and SIRI Info Solutions, a global technology solution provider based in Edison, New Jersey USA.

Member News

Maintaining the Covid-19 Life Insurance Bump

By The Breathe Life Team ·

It’s an open secret in the life insurance industry that it’s difficult to sell policies to younger generations. They may feel invincible and think that nothing will happen to them....

Member News

The post-Covid19 automotive insurance market and the industry shift to digital

By Alan Inskip ·

Motor dealerships are becoming increasingly digital in response to the devastating impact that lockdown restrictions have had on the automotive retail sector. Many forward-thinking dealerships have introduced innovative buying options...

Business

Travelers teams up with Procore

By Gabriella Ben-Hutta ·

To help contractors manage the total cost of risk through improved operations and job-site safety.

Financials

Introducing PURE Gold

By Coverager ·

This allocation is accompanied by the launch of PURE Gold, a loyalty program through which members who have been with PURE for 10 years or more may receive annual cash distributions.

Business

Mutual of Omaha offers EAP customers financial wellness resources

By Coverager ·

Mutual of Omaha is now offering resources for employers who want to help their employees improve their financial wellness.

Opinion

TeslaTech

By Shefi Ben-Hutta ·

As a college student, Elon Reeve Musk pledged that he would make an impact on the Internet, on the environment, and in space. As a grown-up billionaire and the inspiration for Iron Man hero Tony Stark, he is now promising to build a major, revolutionary insurance company. And just as 'car people' were skeptical then, insurance people are skeptical now.

Business

Samsung, SoFi and Mastercard launch the mobile-first money management platform

By Gabriella Ben-Hutta ·

Samsung Electronics America, Inc., announced that starting July 23, 2020, consumers in the U.S. can sign-up for and access Samsung Money by SoFi: a mobile-first money management experience. Launched in...

Business

Facebook’s WhatsApp to expand Indian partnerships to offer credit, pensions and insurance

By Gabriella Ben-Hutta ·

WhatsApp, which counts India as its biggest market with 400 million users, has already tied up with banks including ICICI Bank and HDFC Bank, allowing them to communicate with customers via automated text messages on its business service.

Business

Davies acquires Citadel Risk

By Gabriella Ben-Hutta ·

Under the deal Citadel Management & Cedar Consulting will become part of Davies’ Insurance Services practice, led by CEO Steven Crabb, adding significant scale and reach to Davies’ established captive management segment.

Investments

Sidecar Health raises $20M

By Gabriella Ben-Hutta ·

The company intends to save the U.S. $1 trillion in healthcare costs annually by empowering consumers to shop around for health services using its Visa payment card and mobile app.

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Head of Cyber Insurance Programs

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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

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Northwestern Mutual backs Leela

Fintech startup Current surpasses 1 million members

Accertify launches digital identity solution to battle fraud

86 400 partners with AFG to expand its broker distribution network

Virtual Underwriting at Lloyd’s – build it and they will come

Claim Genius raises $5.5M in Series A funding

Maintaining the Covid-19 Life Insurance Bump

The post-Covid19 automotive insurance market and the industry shift to digital

Travelers teams up with Procore

Introducing PURE Gold

Mutual of Omaha offers EAP customers financial wellness resources

TeslaTech

Samsung, SoFi and Mastercard launch the mobile-first money management platform

Facebook’s WhatsApp to expand Indian partnerships to offer credit, pensions and insurance

Davies acquires Citadel Risk

Sidecar Health raises $20M

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