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Coverager Data

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 AIG picks Poetic in Underwriting Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M

Consumer fintech Current raises $80 million

By Shefi Ben-Hutta

Current also expanded its partnership with Cross River.

Technology

Zinnia launches API-based annuity ordering capabilities

By Coverager ·

Zinnia is trying to become the API layer behind future annuity sales channels.

Innovation

Sedgwick launches AI-powered claims ecosystem

By Shefi Ben-Hutta ·

Sedgwick provides claims, loss adjusting, benefits administration, and product recall services to more than 10,000 clients in 80 countries through a workforce of over 33,000 employees.

Business

NFP acquires assets of Signature Personal Insurance

By Coverager ·

SPI specializes in serving affluent individuals.

Business

USAA adds final expense insurance

By Coverager ·

The coverage is available to individuals ages 45 to 85 in most states.

Business

Trucordia acquires Hecht-Stout Insurance Agency

By Coverager ·

Hecht-Stout specializes in helping commercial clients navigate complex insurance decisions.

Business

Patra expands leadership team to support AI-driven growth

By Coverager ·

The additions are intended to strengthen capabilities across AI, transformation, client engagement, marketing, and workforce strategy.

Business

Distinguished Programs expands into reinsurance

By Coverager ·

This move represents Distinguished’s first step into the reinsurance market.

Strategy

FrankCrum adds three executives to C-suite

By Coverager ·

The appointments support the company's organic growth strategy through investments in ops, tech, and product development.

Product

Lemonade expands renters insurance to North Dakota

By Coverager ·

Lemonade currently serves more than 3 million active customers across the US, UK, and Europe.

Business

Mazda partners with Wrisk

By Gabriella Ben-Hutta ·

Mazda has appointed Wrisk to provide subscription-based insurance services for customers buying new and used cars.

Marketing

Progressive signs largest sponsorship deal in Chicago Sky history

By Shefi Ben-Hutta ·

The agreement adds to Progressive's growing sports sponsorship portfolio and reflects increasing corporate investment in women's professional sports.

Innovation

Intact expands risk management service

By Coverager ·

Risk Assist offers a comprehensive range of online tools to help manage and reduce risks 24/7.

Innovation

Farmers files trademark application for ‘Brisco’

By Shefi Ben-Hutta ·

The trademark filing describes Brisco as a software platform spanning insurance quoting, underwriting, claims administration and premium billing.

Innovation

Amwins files trademark for ‘Illumin Specialty’

By Shefi Ben-Hutta ·

Application filed on June 5

Business

Senior Market Sales acquires retirement planning firm Stratton & Company

By Coverager ·

SMS joined Alliant in 2020.

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Member News

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