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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.

Financials

Progressive reports 88.8% CR for March

By Avi Ben-Hutta ·

The insurer ended the month with net income of $712 million.

Member News

CoverTree Deploys Real-Time Producer Intelligence Across Its Housing Distribution

By Ido Deutsch ·

CoverTree, a Detroit-based insurer, set out to build something the manufactured housing insurance market had never seen: a fully automated, production-integrated appointment engine that activates producers the moment they’re ready...

Strategy

Aegon to sell Aegon UK to Standard Life for $2.7 billion

By Coverager ·

The transaction marks the completion of the strategic review of Aegon UK.

Marketing

Grange Insurance Association to rebrand

By Coverager ·

Effective July 1, 2026.

Product

Aon expands data center insurance program to $3.5 billion

By Coverager ·

The program was launched last year.

Business

Zurich taps new digital lead for Asia Pacific

By Coverager ·

He joins from Carsome, where he led subsidiaries iCar Asia and WapCar AutoFun.

Business

Sedgwick takes full ownership of Dutch injury assistance JV

By Coverager ·

Transaction aligns with Sedgwick’s strategy to expand its claims and care capabilities across key markets.

Member News

Vertafore launches ReferenceConnect AI, powered by Velocity AI, to transform how insurance professionals access trusted knowledge

By Vertafore ·

New AI-powered experience delivers up to 80% faster answers, combining verified insurance content with the speed and ease of natural language search

Financials

PURE grows to $3B as reciprocal model delivers member returns

By Shefi Ben-Hutta ·

Flood remains an underpenetrated area.

Member News

Vertafore introduces Velocity AI Platform and AI agents to power Distribution Velocity for the Insurance Industry

By Vertafore ·

InsurTech leader embeds AI across the insurance lifecycle to help agencies, MGAs and carriers accelerate workflows, improve decisions and eliminate distribution drag

Technology

Better launches ChatGPT-based mortgage underwriting engine

By Coverager ·

The company claims the tool can underwrite loans in as little as 47 seconds.

Product

domusIQ targets data-driven decisions across real estate and insurance

By Coverager ·

The company is based in New York.

Product

Eirion launches construction liability program

By Coverager ·

The program is available nationwide through select wholesale and retail brokerage partners specializing in construction and professional liability risks.

Business

Root and Carvana surpass 200,000 policies

By Avi Ben-Hutta ·

The companies began their partnership in August 2021.

Member News

Five Sigma Upgrades Its Claims Analytics With Native Embedded Reporting, Eliminating the Need for External BI Tools

By Oded Barak ·

New native analytics experience, powered by Metabase, delivers real-time insights, expanded self-service reporting, and freedom from external BI tools.

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Featured Jobs

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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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