North America Archives

Coverager Data

AXA XL partnered with Samsara EPIC Insurance Brokers & Consultants partnered with GoodTrust Corgi partnered with Silicon Valley Bank Coverly360 partnered with Porch Insurance Reciprocal Exchange Coverly360 partnered with Homeowners of America 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 Farm Bureau Mutual Insurance Company of Idaho picks LenderDock in Admin Descartes Underwriting picks NextPower in Risk Mitigation APRIL Group raised $231.51M

Simply Business hits one million UK customers

By Shefi Ben-Hutta

Simply Business has grown its customer base in the UK by over 50% since 2020.

Business

Munich Re Automation Solutions and American Family Life Insurance Company announce partnership

By Coverager ·

American Family Life Insurance Company is adopting ALLFINANZ NOVA.

Investments

Honey Insurance raises $108 million

By Avi Ben-Hutta ·

The startup has reached an annual recurring revenue of $40 million.

Financials

Velox raises $38 million

By Gabriella Ben-Hutta ·

Velox is a developer of industrial-grade direct-to shape digital decoration solutions for the rigid container industry.

Business

iCapital to Acquire Mirador

By Gabriella Ben-Hutta ·

The deal will see over 180 Mirador employees joining iCapital.

Business

Waypoint Underwriting Management partners with CompSource Mutual Insurance Company

By Coverager ·

Waypoint will underwrite a tailored portfolio of property, casualty, and workers’ compensation treaty reinsurance that aligns with CompSource Mutual’s risk tolerance.

Business

Arch to acquire Allianz’s US MidCorp and Entertainment insurance businesses

By Coverager ·

The transaction is expected to close in the second half of 2024.

Product

Lemonade forms fronting arrangement with Home State

By Shefi Ben-Hutta ·

Lemonade is one of several MGAs writing business with Home State.

Opinion

The Struggles of Vouch

By Avi Ben-Hutta ·

Late last year, Vouch, which is not profitable, made cuts that impacted ~25 employees.

Business

Symetra introduces Cancer Care Compass

By Avi Ben-Hutta ·

The new rider has four components.

Business

PURE Specialty Exchange expands homeowners coverage

By Coverager ·

The product is designed for homes in coastal and wildfire exposed areas.

Business

Stride launches independent worker contributions program

By Coverager ·

The "first-of-its-kind" program enables companies with independent workers to make contributions into an individual's portable benefits savings account.

Business

Farmers Mutual Hail to acquire Global Ag Insurance Services

By Coverager ·

Global Ag Insurance Services is a subsidiary of AXA XL.

Investments

Summit raises $3.5 million

By Avi Ben-Hutta ·

Summit serves a variety of industries and claims to offer coverage from 60+ insurance partners.

Business

Applied Surety Underwriters acquires major portion of Argo’s oil, gas, mining, and coal surety businesses

By Coverager ·

Terms of the transaction were not disclosed.

Business

Conifer announces commercial lines capacity partnership with Accelerant

By Coverager ·

Conifer aims to improve risk assessment.

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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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