North America Archives

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Hagerty partnered with Barrett-Jackson ING Group partnered with bolttech Protect My Let partnered with Addept Insurance Services Addept Insurance Services partnered with Salvation Army General Insurance Ageas UK partnered with Wrisk 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 Elpha Secure picks Ketch in Risk Mitigation Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M Chubb raised $574.2M

Cleerly Mortgages selects Acre as CRM platform

By Shefi Ben-Hutta

Acre, which was acquired by ClearScore, has raised $14.6 million from investors including Aviva Ventures, Founders Factory, McPike Global Family Office, and Sesame Bankhall Group.

Technology

AGMI selects Duck Creek to modernize payments

By Shefi Ben-Hutta ·

AGMI writes commercial auto coverage across multiple states.

Innovation

Kalepa partners with James River

By Coverager ·

James River plans to deploy Kalepa’s solution to augment underwriting decisions.

Business

The Hartford files trademark for Integrated Employee Protection

By Coverager ·

The mark is intended to cover business administration and consulting services related to employee leave management for employers.

Strategy

SelectQuote launches SelectQuote Local

By Coverager ·

The company is introducing a franchise model.

Business

UiPath acquires WorkFusion

By Gabriella Ben-Hutta ·

WorkFusion is a provider of AI agents for financial crime compliance.

Business

CyberCube announces CEO succession

By Gabriella Ben-Hutta ·

Chris Methven was appointed as CEO.

Investments

Equal Parts raises $23 million

By Coverager ·

The company plans to acquire 25 agencies this year and reach $1 billion in premiums within 24 months.

Innovation

ESA and Liberty Mutual Re explore space data for parametric insurance

By Shefi Ben-Hutta ·

A workshop this month will invite data and technology companies to propose space-based solutions for assessing wind damage to forests, with selected projects eligible for ESA support and funding.

Technology

OpenAI tests ads in ChatGPT for free users

By Shefi Ben-Hutta ·

Paid plans will remain ad free.

Business

Wrisk acquires Atto

By Shefi Ben-Hutta ·

Atto will continue to operate as a dedicated product.

Marketing

Shriram Life launches AI-generated campaign for Flexi Shield

By Shefi Ben-Hutta ·

The ad was developed by Leo Burnett.

Marketing

Hagerty promotes Marc Burns to CMO, hires Matt Teshera as SVP of Marketing

By Shefi Ben-Hutta ·

Teshera joins from AT&T.

Strategy

AmTrust launches APRA-licensed insurer in Australia

By Shefi Ben-Hutta ·

The new entity will focus on expanding access to legal expenses insurance.

Business

AIA Australia restructures group insurance business

By Gabriella Ben-Hutta ·

The insurer has created new roles and teams focused on growth, product development, and partner delivery.

Business

Admiral invests in HSBC direct lending fund

By Gabriella Ben-Hutta ·

Admiral Group invests in HSBC Asset Management Fund, providing loans to UK mid-market businesses.

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