North America Archives

Coverager Data

Way Specialty picks Origami Risk in Admin Mayflower Specialty partnered with Hadron Insurance Obie picks Magiq in Claims Well Link Insurance Group raised $200M Alan raised $453.82M Taktile raised $110M Odie Pet Insurance picks Magiq in Admin Adopt-a-Pet.com partnered with Lemonade ARAG partnered with LifeCloud Symetra partnered with PlanSource Vivere Partners partnered with Munich Re Mitigata raised $15M Enstar Group raised $500M Portage Mutual picks Akur8 in Pricing Aon uses Artificial Intelligence in Underwriting

Mitigata raises $15 million

By Gabriella Ben-Hutta

Indian cyber-insurance broker has raised $15 million in a Series B funding round led by Bessemer Venture Partners.

Investments

Clal invests in Locusview

By Avi Ben-Hutta ·

Locusview’s construction management platform manages new construction projects for energy, telco, and water utilities, from planning to revenue.

Investments

Wealthsimple announces $610 million investment

By Gabriella Ben-Hutta ·

The round is led by Meritech and Greylock.

Financials

Verizon sells off Yahoo and AOL to Apollo Funds

By Gabriella Ben-Hutta ·

Verizon will receive $4.25 billion in cash, preferred interests of $750 million and retain a 10% stake in Verizon Media.

Business

Intact Financial Corporation introduces Intact Public Entities

By Gabriella Ben-Hutta ·

Intact Public Entities is a Canadian MGA, formerly known as Frank Cowan Company.

Financials

Genworth Mortgage files registration statement for proposed IPO

By Gabriella Ben-Hutta ·

The number of shares to be offered and the price range for the proposed offering have not yet been determined.

Technology

CSAA Insurance names Opus IVS as its preferred diagnostic partner

By Coverager ·

Opus IVS, formerly Drew Technologies, has been named as CSAA Insurance Group's preferred collision scanning solution for its Direct Repair Network.

Investments

Laiye raises $50 million

By Gabriella Ben-Hutta ·

Its global footprint spans Asia, the US and Europe, with international partners including Microsoft, Deloitte, KPMG and Digital China.

Opinion

One Lemonade, Two Lemonade

By Shefi Ben-Hutta ·

Several insurers, I'm sure, don't want to be left behind, but being last isn't a much better option.

Investments

TravelPerk raises $160 million

By Avi Ben-Hutta ·

The TravelPerk platform hosts the "world's largest bookable travel inventory," allowing travelers to compare, book and invoice trains, cars, flights, hotels and apartments from a range of providers.

Investments

Keeper Tax raises $13 million

By Avi Ben-Hutta ·

The Series A round will help Keeper Tax build out a complete tax platform, offering full service tax advice, expense, and an intuitive filing solution.

Business

AIA Australia partners with Your Wills

By Avi Ben-Hutta ·

The partnership will begin later in 2021. To "celebrate the launch," AIA Vitality members will receive a "significant discount" to complete their will online.

Helvetia Venture Fund backs Baufi24

By Shefi Ben-Hutta ·

The Helvetia Venture Fund is investing in Baufi24, a German property finance company.

Product

Seyna insures tickets for next Rugby World Cup 2023

By Shefi Ben-Hutta ·

The company which has raised a bit over $15 million since its inception in 2018 works with companies to design and distribute insurance products.

Agents

Mendi RIddle to join Ohio Mutual as VP of sales

By Coverager ·

Riddle has served in a number of senior sales and product roles at Nationwide Insurance over the past 15 years.

Business

EZLynx Partners with FIRST Insurance Funding

By Coverager ·

EZlynx has partnered with FIRST Insurance Funding to provide a streamlined premium financing solution within EZLynx Management System.

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Featured Jobs

Head of Commercial Auto Insurance Programs

Tint

Vice President Independent Agent Operations and Strategy

Allstate

General Manager - Product Strategy & Performance

Acuity Insurance

Member News

Dearborn Labs Launches “Context Window” Podcast Exploring the Real Stories Behind AI Adoption in Insurance

By Alec Martins, Clearcover ·

Canal Insurance Selects Kyber to Enable Claims Modernization and Equip Its Teams for the Road Ahead

By Kyber, Kyber ·

Canopy Connect Reaches 10 Million Shared Insurance Policies as Demand for Verified Insurance Data Grows

By Insurance Verification, Canopy Connect, Inc. ·

Checklist: 6 Ways to Automate for Smarter Insurance Operations this Summer

By Evy Strom, ePayPolicy ·

A major global broker in Australia moves commercial broker placement to API-first negotiation infrastructure

By InsureMO, InsureMO ·

5 Strategic Tradeoffs MGAs are Navigating

By Vertafore ·

Fuse Launches Hospitality Vertical, Bringing Real-Time, Synthesized Market Intelligence to One of Commercial Insurance’s Most Dynamic Classes

By Sean Bourgeois, Fuse ·

Florida Fixed the Litigation Incentives. Here's How Voltaire Has Been Helping.

By Yo Sub Kwon, Voltaire ·

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 ·

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