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Descartes Underwriting picks NextPower in Risk Mitigation Petshop Science partnered with OUTsurance Liberty Mutual picks ICEYE in Claims Foyer Group picks Tractable in Claims Zurich Australia partnered with Crop Risk Underwriting Ventis Insurance partnered with Bravo Networks USI Insurance Services partnered with CNA Insurance GuardianPointe picks ZestyAI in Underwriting Hagerty partnered with Barrett-Jackson Ameriprise Financial raised $750M Cleerly Mortgages picks Acre in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M

An 84-year reign came to an end, and more

By Shefi Ben-Hutta

May 2026 was a month of endings. An 84-year reign. A California market that keeps getting smaller. A workforce reduction attributed, plainly, to AI.

Investments

Vesttoo raises $80 million

By Coverager ·

Vesttoo operates a marketplace for non-catastrophe insurance-based risk transfer and investments.

Innovation

Daimler Truck Financial Services partners with HDVI

By Avi Ben-Hutta ·

The companies are introducing Freightliner Dynamic Insurance.

Investments

RapidSOS Raises $75 million

By Coverager ·

Avanta Ventures participated in the round.

Business

LV= launches Electrix

By Gabriella Ben-Hutta ·

ElectriX offers a wide range of cars to lease with immediate availability, as well as home charging and bespoke electric car insurance.

Business

Warburg Pincus announces equity commitment to establish Oona

By Coverager ·

Oona will be a digital general insurance platform in Southeast Asia.

Business

AmTrust acquires DUAL North America’s middle market management liability practice

By Coverager ·

DUAL North America Management Liability is a nationwide admitted program for both for-profit and not-for-profit entities.

Innovation

Nationwide partners with Hartford Steam Boiler

By Avi Ben-Hutta ·

The companies will alert homeowners of potential electrical fire hazards.

Business

HoneyQuote and The Zebra partner

By Avi Ben-Hutta ·

HoneyQuote claims to be Florida’s first and only home insurance comparison site.

Strategy

Island Federal Credit Union hires Insuritas to launch digital insurance agency

By Coverager ·

The agency is scheduled to open this winter.

Opinion

Apple, Amazon, Alphabet

By Shefi Ben-Hutta ·

One of the strongest integration of embedded insurance is when purchasing a product is simplified to checking a box.

Member News

Celent awards FRISS with Luminary status

By Ruud van Gerwen ·

FRISS's innovative solution designed to automate trust throughout the policy lifecycle has been designated by Celent as “Luminary”

Investments

Neat raises €10 million

By Avi Ben-Hutta ·

Neat was founded in 2022.

Business

Gradient AI acquires the analytics unit of Prognos Healthcare

By Gabriella Ben-Hutta ·

Gradient AI is a Boston-based enterprise software provider of AI solutions in the insurance industry.

Business

Howden partners with Allianz Trade

By Gabriella Ben-Hutta ·

The collaboration allows Howden clients and their broking team to obtain offers and execute business from across the structured credit risk market.

Business

Toyota Auto Insurance launches in Texas

By Coverager ·

The product is powered by Toggle.

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Member News

ITC Infotech and InsureMO Partner to Bring AI-Driven Insurance Modernisation to Middle East, Africa, and India

By InsureMO, InsureMO ·

Buying Claims AI Is the Easy Part. This is How Two Claims Organizations are Making It Stick.

By Yo Sub Kwon, Voltaire ·

Zywave Announces 2026 Cyber Risk Award Winners

By Zywave ·

What Happens When Insurance Carrier Experts Retire?

By Vertafore ·

What 6,000 Insurance Leaders Were Actually Whispering About at Insurtech Insights USA

By Justin Jaksha, ePayPolicy ·

10 Cheapest Home Insurance Companies in Florida

By Melanie Musson, Clearsurance ·

Scaling Carrier Client Experience Starts Behind the Scenes

By Vertafore ·

Ivans Index May 2026 Results Released

By Michael Streit, Applied Systems ·

The Plaintiff Bar Brought AI to the Claim File. Carriers Should Arm the Adjuster.

By Yo Sub Kwon, Voltaire ·

Producerflow Launches Partner Portal to Modernize Carrier Collaboration with Distribution Partners

By Ido Deutsch, Producerflow ·

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