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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.

Business

Mosaic Insurance partners with Munich Re

By Gabriella Ben-Hutta ·

Mosaic Insurance partnered with Munich Re to offer insurance that covers financial losses when AI models fail to meet defined performance thresholds, providing up to $15 million in capacity for AI developers and vendors.

Product

Willis launches model to quantify celebrity endorsement risk

By Coverager ·

The tool helps companies assess and manage risks tied to celebrity partnerships.

Marketing

Philadelphia Insurance sponsors premium Phillies seating area

By Coverager ·

PHLY will now serve as the new presenting sponsor of the Philadelphia Insurance Club, the premier seating destination directly behind home plate.

Business

Exzeo partners with Tokio Marine Highland to distribute residential flood insurance

By Coverager ·

Exzeo will distribute the flood product through its technology platform.

Marketing

USAA appoints Chris Curtin as chief marketing officer

By Coverager ·

He most recently served as chief marketing officer at Sam’s Club.

Marketing

Aspire General partners with Empire Strykers

By Coverager ·

The company operates across the United States and focuses on nonstandard auto insurance.

Strategy

Willis partners with Belfry to launch insurance program for security providers

By Coverager ·

The program embeds Willis brokered insurance products directly into the Belfry platform.

Business

QBE Foundation partners with Centre for Women’s Economic Safety

By Gabriella Ben-Hutta ·

The two partnered to expand financial support services for women experiencing economic abuse across Australia.

Business

Agero to acquire Urgently for $5.50 per share

By Gabriella Ben-Hutta ·

The combined platform will serve more than 150 million vehicles and manage around 13 million roadside events annually.

Business

Fairfax to sell $1.9 billion stake in Poseidon

By Coverager ·

Poseidon operates as a maritime asset owner.

Technology

AXA XL appoints Leyla Delic as Chief Technology and AI Officer

By Gabriella Ben-Hutta ·

Based in London, she will report to Scott Gunter, CEO of AXA XL and Matthieu Caillat, Group Chief Technology and AI Officer and CEO of AXA Group Operations.

Product

Aviva launches financial wellbeing tool for workplace pension members

By Gabriella Ben-Hutta ·

It is designed to assess how individuals feel about their financial situation using confidence-based questions rather than complex financial data or income inputs.

Business

Acre integrates full Nationwide mortgage application process into its CRM

By Gabriella Ben-Hutta ·

According to the company, the enhancement can save brokers up to 20 minutes per case.

Business

Independence Pet Holdings names Vandana Venkat president of Independence Pet Group

By Shefi Ben-Hutta ·

Independence Pet Holdings was established in 2021 as a holding company for a portfolio of pet health and pet insurance brands operating across North America.

Business

Abacus Global Management takes minority stake in Manning & Napier

By Coverager ·

The transaction is expected to close in the second quarter of 2026, subject to regulatory approvals and customary closing conditions.

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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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