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Guardian partnered with XP Health Nibbles Pet Health partnered with Physicians Mutual Sharp Insurance picks Rival Insurance Technology in Sales CoverForce Inc partnered with USLI Morrisons partnered with Accredited Insurance Morrisons partnered with AXA Prudential Financial picks Gradial in Sales Connie Health raised $40M Convr picks Property Guardian in Underwriting Sammons Financial Group raised $750M IAG picks Sonder in Claims Tugboat raised $3M Pints AI raised $5.6M Great-West Lifeco raised $107.44M BMO Insurance picks Walnut Insurance in Sales

Week in Review — June 15–18, 2026

By Shefi Ben-Hutta

More than a century after GMAC was created to finance car buyers, the AmTrust lineage is acquiring a modern business built around the same idea.

Member News

How to save the $3.78B insurtech market: Coretech to the rescue

By Annette Tierney ·

The convergence of insurance and digital technology — “insurtech” — has transformed the industry. Although insurance companies initially feared insurtechs would whittle away at their market share, partnering with these...

Business

The Demex Group partners with Vave

By Gabriella Ben-Hutta ·

Vave's extreme temperature insurance is powered by Demex and designed to provide up to $1,000 of immediate cash during intense temperature events.

Business

Westfield Specialty acquires renewal rights to Argo Group’s US property, shared and layered business

By Gabriella Ben-Hutta ·

The terms of this transaction were not disclosed.

Investments

Farmers Business Network raises $300 million

By Coverager ·

FBN will expand its financial offerings with new land, operating and equipment loan and insurance products.

Investments

UNest raises $26 million

By Avi Ben-Hutta ·

Northwestern Mutual Future Ventures participated in the round.

Business

Branch partners with Nextbase Dash Cams

By Avi Ben-Hutta ·

customers of both brands will have the chance to drive safe and save.

Strategy

N26 will end operations in the U.S.

By Avi Ben-Hutta ·

The challenger bank wants to focus on Europe.

Investments

Nexar raises $53 million

By Avi Ben-Hutta ·

State Farm Ventures participated in the round.

Business

Craig DeSanto named CEO-elect of New York Life

By Coverager ·

Mr. DeSanto has served as New York Life’s president since July 2020 and as a member of the company’s Board of Directors since February 2021.

Investments

PreAct Technologies raises $13 million

By Avi Ben-Hutta ·

State Farm Ventures led the round.

Product

Qover targets Tesla drivers

By Gabriella Ben-Hutta ·

The program offers coverage for Tesla Model S, Model 3, Model X and Model Y.

Innovation

Claire Alleaume explains why every auto insurer should be a little concerned

By Shefi Ben-Hutta ·

An interview with Claire Alleaume, the Head of Market Strategy and Business Development at IMS.

Product

Nexus US launches new and improved Small Business Protect product

By Coverager ·

The Small Business Protect product combines Professional Liability/General Liability and is offered on a surplus lines basis in all 50 states.

Investments

Root raises $3 million

By Coverager ·

Root is a cloud-native end-to-end insurance platform that enables organisations of any size to build, sell and manage digital insurance products and unlock modern engagement channels, fast.

Product

Measured Analytics and Insurance launches CyberGuard Central

By Gabriella Ben-Hutta ·

CyberGuard Central is a cooperative effort between security consultants and cyber tools vendors to provide cyber insurance to their clients.

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Featured Jobs

Head of Commercial Auto Insurance Programs

Tint

Vice President Independent Agent Operations and Strategy

Allstate

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USAA

General Manager - Product Strategy & Performance

Acuity Insurance

Member News

The Adjuster Shortage Is Turning Claims AI Into an Operating Necessity

By Yo Sub Kwon, Voltaire ·

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 ·

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