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SimplyIOA partnered with Obsidian Insurance Holdings Semsee partnered with Utica First Insurance Company The Hartford partnered with Coalition bolt partnered with Salesforce DoorLoop partnered with Lemonade 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 Draivn picks Bluewire in Risk Mitigation HOMEE raised $12M Native Broking raised $2.6M

Lemonade ends Q3 with $68 million loss

By Avi Ben-Hutta

In-force premium reached $889 million.

Business

Lemonade is structuring

By Avi Ben-Hutta ·

Lemonade, the world’s first P2P insurance carrier, announced its ‘insurance dream-team‘. Think 2 Ex-ACE and 2 Ex-AIG. Recall: NYC-based Lemonade recently raised $13 million from Sequoia Capital and is slated to launch in...

Business

On-demand

By Avi Ben-Hutta ·

Uber China, which is now valued at $7 billion, compared to a $16 billion valuation of its main rival Didi Kuaidi, raised new funds. Reports suggest that China Life Insurance is one of many investors....

Investments

Digital gets more millions (round 2)

By Avi Ben-Hutta ·

NYC-based healthtech startup Vericred raised $3.1 million in its second round of seed funding to expand its data services and beef up its sales team. The company’s flagship product is a health plan search...

Investments

Digital gets more millions (round 1)

By Avi Ben-Hutta ·

Insurance consultancy startup, FinanceFox, which allows customers to manage their insurance policies via a mobile app, raised $5.5 million to expand its marketing and sales activities in Switzerland and Germany as well...

Business

A word with Aaron Moore

By Avi Ben-Hutta ·

“If 100 carriers were to compete in a bake off, all given the same ingredients, you would end up with 100 different cakes, and each carrier declaring they had the best...

Investments

Picwell Closes $7M Series A

By Shefi Ben-Hutta ·

Picwell, the company providing predictive recommendation engine for health plan selection, today announced that it has closed a $3m extension of its Series A round of funding from BlueCross BlueShield Venture Partners...

Business

High-Class Problem?

By Avi Ben-Hutta ·

CEO of BlueCross and BlueShield of North Carolina, Brad Wilson, is apologizing for the company’s slow customer service. Think: the insurance company is experiencing 400 – 500% more calls than last...

Business

Liberty Mutual launches Solaria Labs

By Avi Ben-Hutta ·

As part of its commitment to innovation, Liberty Mutual has launched Solaria Labs, an internal incubator tasked with developing products and services with transformational potential that will focus on identifying...

Business

AIG Says YES To Wearables

By Avi Ben-Hutta ·

The insurer partnered with Human Condition Safety, a maker of wearable devices designed to reduce on-the-job accidents, as part of a broader push to cut work comp costs.

Business

Aviva Canada Says YES To Ridesharing

By Avi Ben-Hutta ·

The insurer will offer ridesharing coverage for Ontario drivers come February.

Business

Liberty Partners With Subaru On UBI

By Avi Ben-Hutta ·

Liberty Mutual introduced a new app called RightTrack in partnership with Subaru that offers real-time driving feedback and tips for the sake of better driving and ultimately lower insurance premiums. Bottom Line: the app will be available...

Investments

AIG Makes Strategic Investment in Human Condition Safety, a Workplace Wearables Startup

By Avi Ben-Hutta ·

AIG today announced a strategic investment in Human Condition Safety (HCS), an early-stage technology startup company developing wearable devices, analytics, and systems to improve worker safety. Terms of the deal...

Investments

Cuvva Raises £400,000 in Seed Funding

By Avi Ben-Hutta ·

Scotland-based insurtech Cuvva, which offers car insurance coverage for as little as an hour via a mobile app, raised £400,000 in seed funding to grow its business. Incumbents watching: Tempcover, DayInsure,...

Investments

AXA Strategic Ventures Adds Four Startups to Portfolio

By Avi Ben-Hutta ·

AXA Strategic Ventures (ASV), a global $250 million venture capital fund, today announces that it has added four new investments over the second half 2015 to its portfolio in the...

Business

On top

By Avi Ben-Hutta ·

Despite its cleverly quirky cartoon ads, including one that depicts a distressed-looking male patient stretching open his briefs to snap a photo of his crotch with his smartphone, ~30% of Oscar’s new...

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Member News

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

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

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Safety Versus Risk Management with Daniel Ruiz of SC Builders

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7 Ways Carriers Can Leverage Compliance Data for Business Opportunities

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Bold Penguin Joins HawkSoft's Solution Partner Program

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Cambridge Mobile Telematics Announces Enhanced Driver Experiences, Crash Capabilities, and Developer Tools

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

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Lemonade ends Q3 with $68 million loss

Lemonade is structuring

On-demand

Digital gets more millions (round 2)

Digital gets more millions (round 1)

A word with Aaron Moore

Picwell Closes $7M Series A

High-Class Problem?

Liberty Mutual launches Solaria Labs

AIG Says YES To Wearables

Aviva Canada Says YES To Ridesharing

Liberty Partners With Subaru On UBI

AIG Makes Strategic Investment in Human Condition Safety, a Workplace Wearables Startup

Cuvva Raises £400,000 in Seed Funding

AXA Strategic Ventures Adds Four Startups to Portfolio

On top

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

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

Bold Penguin Joins HawkSoft's Solution Partner Program

Cambridge Mobile Telematics Announces Enhanced Driver Experiences, Crash Capabilities, and Developer Tools

Share a news tip with Coverager