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Coverager Data

Sharp Insurance picks Rival Insurance Technology in Sales Nibbles Pet Health partnered with Physicians Mutual CoverForce Inc partnered with USLI Morrisons partnered with Accredited Insurance Morrisons partnered with AXA Tesco Insurance & Money Services partnered with Allianz Partners 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

Morrisons enters insurance with Hood Group

By Shefi Ben-Hutta

The UK grocer's entry into the category and its first move to monetize the More Card loyalty base through insurance.

Financials

Palomar announces pricing of public offering of common stock

By Gabriella Ben-Hutta ·

Founded in 2014, Palomar offers customized specialty insurance solutions for homes and businesses in the face of earthquakes, hurricanes and floods.

Business

Vehicle subscription startup Autonomy pivots

By Avi Ben-Hutta ·

ADS has secured $2.5 million in new funding and completed a $32 million debt-for-equity swap.

Innovation

Hiscox goes live with generative AI

By Coverager ·

The new underwriting model enables Hiscox’s sabotage and terrorism line of business to significantly reduce the time taken from the submission of a risk through to the quote stage.

Marketing

Insgroup rebrands as The Baldwin Group

By Coverager ·

Insgroup’s colleagues will remain in their current locations.

Business

IMG welcomes Susan Yates as chief customer officer

By Coverager ·

Yates joins the IMG team with more than 25 years of experience in the insurance and global assistance industries.

Technology

Arden Insurance Services selects Green Shield’s wildfire analytics

By Gabriella Ben-Hutta ·

Arden focuses on residential condominium associations.

Financials

Highlights from Hiscox’s Q2’24 earnings call

By Shefi Ben-Hutta ·

Hiscox spent $50 million on marketing in the first half of the year, a more than 30% increase compared to last year.

Business

Abacus Life to acquire FCF Advisors

By Shefi Ben-Hutta ·

The transaction is expected to close in the fourth quarter of 2024.

Investments

Redbud VC invests in auto warranty startup

By Coverager ·

The flagship product, Fair Protect, covers essential systems in vehicles from 2014 and newer.

Marketing

Amica to become new jersey patch partner for 18-time champion Boston Celtics

By Coverager ·

Partnership to launch in 2024-25 season and will include community initiative focused on early childhood education.

Investments

Cresso Health launches to support health insurance distributors

By Gabriella Ben-Hutta ·

Cresso is backed by Cypress Ridge Capital, a growth equity firm focused exclusively on healthcare.

Investments

Insurer-backed Levitate raises $15 million

By Gabriella Ben-Hutta ·

Levitate's Series D funding round was led by Harbert Growth Partners, Northwestern Mutual Future Ventures and Bull City Venture Partners.

Strategy

Houlihan Lokey pulls the lever on Waller Helms Acquisition

By Gabriella Ben-Hutta ·

The newly combined group is now ranked as the No. 1 advisor for global M&A transactions in 2023 across the insurance, asset management (including wealth management), and financial services sectors (excluding depositories).

Marketing

CAC Group rebrands

By Coverager ·

CAC Group's brand relaunch unifies its three business units—CAC Specialty, CAC Agency, and CAC Capital—under a new identity to celebrate its five-year anniversary.

Business

Jetty announces partnership with Fortegra and Allianz

By Coverager ·

Jetty has partnered with over 200 real estate companies, representing more than three million units nationwide.

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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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