Asia Archives

Coverager Data

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 ING Group partnered with bolttech Ameriprise Financial raised $750M Cleerly Mortgages picks Acre in Admin Leavitt Group picks FurtherAI in Admin Fortitude Re raised $500M Crédit Agricole Assurances raised $866.15M KOBAN SÜDVERS picks CyberCube in Risk Mitigation 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.

Member News

Captive vs. Independent Insurance Agents: An Overview

By Justin Jaksha ·

This guide breaks down some of the core differences between captive and independent insurance agents, backed by 2026 market data and real agent insights.

Business

Liberty Mutual retires Safeco brand

By Coverager ·

All personal lines products are now solely marketed and sold as Liberty Mutual.

Business

WTW announces AI appointments

By Coverager ·

WTW announced the appointment of Spike Lipkin as chief AI officer and Gordon Wintrob as head of AI acceleration, effective immediately.

Business

AIG completes CEO transition plan

By Gabriella Ben-Hutta ·

Eric Andersen to become CEO of AIG and join the Board of Directors on June 1st.

Business

Allianz UK and LV= announce new long-term partnership

By Coverager ·

Allianz acquired LV’s General Insurance business in 2019.

Business

Markel Canada launches digital quote & bind solution for special events

By Coverager ·

The company announced the launch of PlayMicro in Canada, a special events portal offering short-term coverage for sporting events.

Investments

Newport Specialty Partners announces growth investment in Complex Coverage

By Coverager ·

Newport Specialty Partners is a newly formed specialty insurance platform.

Financials

RLI starts 2026 strong, stays disciplined as E&S softens

By Shefi Ben-Hutta ·

Management flagged increased competition from MGAs and broker facilities.

Business

State Farm files trademark for MEER

By Shefi Ben-Hutta ·

Tied to insurance data analysis.

Strategy

The Hartford leans into small business

By Shefi Ben-Hutta ·

GEICO feeds the funnel.

Investments

Cierpa lands Series B from Tokio Marine Group

By Shefi Ben-Hutta ·

The involvement of Tokio Marine Group shifts the effort toward pairing insurance expertise with ESG data to develop new opportunities around non-financial information.

Business

Zurich and Plenitude expand partnership

By Gabriella Ben-Hutta ·

The two launched a new parametric insurance product.

Financials

Selective leans into AI and tighter underwriting as premiums slip

By Shefi Ben-Hutta ·

Premiums declined 1% year over year, with E&S up 1% and Standard Commercial Lines down 1%. Personal Lines fell 6%, while the mass affluent segment grew 1%.

Product

Vitality introduces AI underwriting for GP report summaries

By Gabriella Ben-Hutta ·

The tool is intended to support faster decision-making while maintaining clinical oversight and scaling underwriting capacity.

Strategy

XPT Specialty adds two hires in Salt Lake City

By Coverager ·

XPT Specialty is a wholesale brokerage and binding firm.

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Member News

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 ·

Why Cyber Insurance's "Fire Sale" Won't Last

By Zywave ·

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