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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

The state of wakefulness

By Avi Ben-Hutta ·

State Farm has received a new patent designed to keep sleepy, distracted, or drunk drivers awake through a series of vibrations and pokes from wearable devices. Bottom Line: envision a system that would...

Business

USAA gets creative

By Avi Ben-Hutta ·

Earlier this year, USAA terminated a 7-year-old relationship with advertising agency Campbell Ewald after one of the agency’s creative directors sent out a racist ‘Ghetto Day in San Antonio memo’. That was...

Business

New affinity group: AOL & MyLifeProtected

By Avi Ben-Hutta ·

Media technology company AOL announced that it has selected MassDrive’s MyLifeProtected digital insurance solution as its sole insurance partner. Think: AOL members can enjoy comparative rating services for insurance products such as auto on AutoBlog.com (a subsidiary...

Business

Coming to cubicles near you, in May

By Avi Ben-Hutta ·

Modeling company RMS partnered with seven reinsurers (Chubb, Aon Benfield, Axis, Liberty, MS Amlin, Munich Re and Sompo Canopius) to build the world’s first marine cat model, as it looks to effectively...

Business

Progressive scores big time

By Avi Ben-Hutta ·

The insurer, which recently announced a pilot program for Lyft drivers in Pennsylvania, has now entered a pilot program with Uber, who will use Progressive Insurance to provide coverage for its ridesharing...

Business

Innovation in payments

By Avi Ben-Hutta ·

Allianz Global Assistance Canada is testing a new way for policyholders to pay for medical claims while traveling. Customers who purchase a travel insurance plan included in this limited program will receive a...

Business

A word with GEICO’s VP of marketing

By Avi Ben-Hutta ·

“We had something called ‘the 10-minute surprise’ – we could give you a rate in 10 minutes” – VP of marketing at Geico, Ted Ward, on the origins of the ’15 minutes’ line....

Business

What’s in a name

By Avi Ben-Hutta ·

Censio rebranded to TrueMotion. The Boston-based TrueMotion uses data analytics and mobile technology to address the growing problem of distracted driving. Worth Noting: Progressive partnered with TrueMotion to launch Snapshot mobile app. Bottom Line: everyone...

Business

A new entrant to the on-demand economy

By Avi Ben-Hutta ·

NYC-based Slice plans to offer on-demand insurance starting with a “proprietary pay-per-use policy for Uber and Lyft drivers that covers the driver from the time they turn on the rideshare app...

Business

Go bare or go home

By Avi Ben-Hutta ·

Singapore-based GoBear, a comparison website for insurance and financial products, plans to expand this year to Philippines, Hong Kong, and Vietnam. Indonesia is on the horizon. Bottom Line: ~1.2 million users gave the...

Business

Brokers deserve innovation too

By Avi Ben-Hutta ·

UK-based insurtech startup HugHub will soon launch a white label portal designed to act as a single repository for one’s personal lines insurance products that will also allow the policyholder to buy insurance...

Investments

Better wealth through smarter tech

By Avi Ben-Hutta ·

NYC-based robo-advisory firm Betterment has received $100 million from venture capital investors; pushing its valuation to $700 million, nearly double its value this time last year. IE prefers the name...

Investments

It’s not about your health, stupid

By Avi Ben-Hutta ·

Ignilife, a French wellness prevention startup serving 3 million customers, has raised €1.4 million from the Malakoff Mederic group. Back home, UnitedHealthcare recently launched a wellness program called UnitedHealthcare Motion that links financial incentives with the use...

Business

Effective Coverage goes digital

By Avi Ben-Hutta ·

National provider of renters insurance Effective Coverage launched a mobile platform designed to offer access to top-rated renters insurance carriers in Pennsylvania. Think: customers can instantly find, quote, and buy insurance on the platform;...

Business

Responsible Innovation

By Avi Ben-Hutta ·

Think: the name of a so-called white paper that will be released Thursday by the Office of the Comptroller of the Currency (OCC) and will attempt to establish a new regulatory framework; providing clear...

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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

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Lemonade ends Q3 with $68 million loss

The state of wakefulness

USAA gets creative

New affinity group: AOL & MyLifeProtected

Coming to cubicles near you, in May

Progressive scores big time

Innovation in payments

A word with GEICO’s VP of marketing

What’s in a name

A new entrant to the on-demand economy

Go bare or go home

Brokers deserve innovation too

Better wealth through smarter tech

It’s not about your health, stupid

Effective Coverage goes digital

Responsible Innovation

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