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Nirvana Insurance partnered with MS Transverse Insurance Group Orion180 Insurance partnered with Haas F1 Team Old Republic General Insurance partnered with Companion Protect Volt Underwriting picks Quotech in Underwriting SimplyIOA partnered with Obsidian Insurance Holdings Semsee partnered with Utica First Insurance Company Delos Insurance Solutions raised $9M Rollo Insurance Group picks SALT Insure in Sales The Hartford picks Empathy in Claims RMA picks Quotey in Sales Root Insurance raised $150M Marsh McLennan raised $7.25B Security Benefit raised $650M Authentic Insurance uses Artificial Intelligence in Sales HOMEE raised $12M

Lemonade ends Q3 with $68 million loss

By Avi Ben-Hutta

In-force premium reached $889 million.

Business

How to generate a 4.5X return?

By Avi Ben-Hutta ·

Purchase a leading UK-based online provider of small business insurance and sell it after ~3 years. Worked for AnaCap, which is currently selling Simply Business to Aquiline Capital Partners for the perfect...

Business

A word with Morningstar senior equity analyst

By Avi Ben-Hutta ·

“Mini-Berkshire” – Morningstar senior equity analyst Brett Horn argues W.R. Berkley is the real mini, stripping Markel from this sought-after title, mainly due to the company’s higher exposure in reinsurance, which at this point in time, is...

Business

Allianz segments drivers into Gold, Silver, and Bronze categories

By Avi Ben-Hutta ·

Earlier this year Allianz launched its Bonus Drive app that tracks drivers’ acceleration and braking patterns, and provides feedback at the end of each trip. Like most insurers with telematics offerings, Allianz will...

Business

It’s finally here

By Avi Ben-Hutta ·

W1 Forward. Munich’s very first insurtech accelerator program that’s set to launch with its first cohort sometime in June. Think: a 6 month program where selected participants receive the equivalent of 80,000 euros...

Business

EverQuote’s vertical growth strategy

By Avi Ben-Hutta ·

Cambridge-based auto insurance marketplace EverQuote launched EverDrive, a new driving score app that uses smartphone’s sensors to automatically measure behaviors like speeding, harsh braking, and phone distractions, as well as rank drivers on a scale...

Business

Cat-in-a-Box

By Avi Ben-Hutta ·

Risk modeling firm RMS launched Cat-in-a Box, a cloud-based app designed to provide a quick and graphical approach to make the underwriting of parametric catastrophe risk contracts easier. Come again. Parametric...

Business

John made me eat it

By Avi Ben-Hutta ·

John Hancock is the first insurance company in US to reward customers for healthy eating. Think: policyholders can opt in to the insurer’s HealthyFood program and receive reward cards that entitle them to discounts or cash back on foods...

Business

Another startup in stealth mode

By Avi Ben-Hutta ·

Minneapolis-based Bright Health has raised $46.5 million of a venture capital financing that is designed to raise a total of $81.5 million. The overall company is designed to provide ‘consumer-focused health plans’,...

Business

Expect casualties when building the airplane while flying it

By Avi Ben-Hutta ·

Blue Cross and Blue Shield of North Carolina COO Alan Hughes has resigned following an IT fiasco, which triggered an investigation by the NC Department of Insurance. Back up: since the...

Business

Anbang’s plan B

By Avi Ben-Hutta ·

China’s Anbang Insurance Group will buy the South Korean operations of Germany’s Allianz for ~$3 million. Recall: Anbang’s most recent overseas insurance foray was its $1.57 billion acquisition of US life-insurance provider...

Business

Allstate expands telematics program in Canada

By Avi Ben-Hutta ·

Allstate’s Drivewise telematics program is now available in Ontario and Alberta. Worth Noting: Allstate’s telematics program is a ‘discount-only’ model where good driving is rewarded but risky driving isn’t penalized. Progressive has another take:...

Investments

Another startup in stealth mode

By Avi Ben-Hutta ·

Business

A word with Knip CEO

By Avi Ben-Hutta ·

“We are not extinguishing brokers … yet!” – Knip Cofounder and CEO Dennis Just is feeling optimistic citing that customer education, aka marketing, has led to the conversion and adoption of digital broker...

Business

Ohio-based Marias Technology launched a new site

By Avi Ben-Hutta ·

Marias Technology, a provider of software testing, system implementations and integrations, hosting services and more, has launched a new website as part of its rebranding efforts. Before. After. Let’s try...

Business

It’s what they do

By Avi Ben-Hutta ·

Geico is one of three sponsors behind Golf Magazine’s Golf Fix Finder app, which features ~140 interactive videos with instructions on how to improve your golf swing.

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Member News

Geico Wins! Cheapest Car Insurance in Florida

By Melanie Musson, Clearsurance ·

New Cake & Arrow report explores how AI can humanize the insurance experience, ushering in a new golden age for the industry

By Emily Smith Cardineau, Cake & Arrow ·

Haunting Claims Inefficiencies? Discover How Agentic AI and LLMs Can Actually Transform the Claims Process.

By Robin Roberson, Agentech ·

Bindable Unveils a Simplified Solution for Organizations Interested in Launching an Independent P&C Insurance Agency

By Mary Clare Riordan, Bindable ·

5 Pitfalls to Effective Insurance Compliance Vendor RFPs and How to Address Them

By AgentSync, AgentSync ·

SILA’s newest president talks leadership, trends, and more

By Vertafore ·

Insurtech's Meal Deal: 5 Solutions for 5 Challenges Served with a Side of Agentic AI

By Robin Roberson, Agentech ·

Sircon Compensation empowers carriers to fuel growth and build stronger relationships with independent agents

By Vertafore ·

Safety Versus Risk Management with Daniel Ruiz of SC Builders

By John Fohr, TrustLayer ·

7 Ways Carriers Can Leverage Compliance Data for Business Opportunities

By AgentSync, AgentSync ·

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Lemonade ends Q3 with $68 million loss

How to generate a 4.5X return?

A word with Morningstar senior equity analyst

Allianz segments drivers into Gold, Silver, and Bronze categories

It’s finally here

EverQuote’s vertical growth strategy

Cat-in-a-Box

John made me eat it

Another startup in stealth mode

Expect casualties when building the airplane while flying it

Anbang’s plan B

Allstate expands telematics program in Canada

Another startup in stealth mode

A word with Knip CEO

Ohio-based Marias Technology launched a new site

It’s what they do

Senior Executive Compensation Analyst

AVP, Product Management

Small CL Asst. Virtual Sales Director

Senior AskHR Representative

AVP, P&C Climate Risk and Exposure Analytics

Director of Alternative Distribution, Small CL

Associate State Manager, Commercial Lines

Production Underwriting Specialist

Geico Wins! Cheapest Car Insurance in Florida

New Cake & Arrow report explores how AI can humanize the insurance experience, ushering in a new golden age for the industry

Haunting Claims Inefficiencies? Discover How Agentic AI and LLMs Can Actually Transform the Claims Process.

Bindable Unveils a Simplified Solution for Organizations Interested in Launching an Independent P&C Insurance Agency

5 Pitfalls to Effective Insurance Compliance Vendor RFPs and How to Address Them

SILA’s newest president talks leadership, trends, and more

Insurtech's Meal Deal: 5 Solutions for 5 Challenges Served with a Side of Agentic AI

Sircon Compensation empowers carriers to fuel growth and build stronger relationships with independent agents

Safety Versus Risk Management with Daniel Ruiz of SC Builders

7 Ways Carriers Can Leverage Compliance Data for Business Opportunities

Share a news tip with Coverager