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.

Business

Pet Benefits Solutions introduces Wishbone Pet Insurance

By Gabriella Ben-Hutta ·

Available only through employer groups, Wishbone's "easy-to-understand" plans cover accidents, illnesses, and routine care.

Investments

Safehub raises $9 million

By Gabriella Ben-Hutta ·

The company helps corporations manage catastrophe risk through physics-based technology, enhanced by sensors and AI.

Investments

Wunderite raises $3 million

By Gabriella Ben-Hutta ·

The round was led by Spark Capital.

Investments

IRP Systems raises $31 million

By Gabriella Ben-Hutta ·

To date the company has raised $57 million.

Business

OneMain Financial acquires Trim

By Coverager ·

Trim has raised close to $12 million since its inception and has over 600,000 users who have linked bank accounts. It claims to deliver about $90 in annual savings to customers.

Strategy

Sun Life to acquire PinnacleCare for $85 million

By Coverager ·

It will become part of Sun Life's U.S. Stop-Loss & Health business, the largest independent stop-loss provider in the country.

Investments

Property analytics startup Arturo raises $25 million

By Coverager ·

Arturo is a deep learning spin-out from American Family Insurance that delivers physical property characteristic data and predictive analysis for residential and commercial properties.

Financials

Acturis to acquire Brovada from Willis Towers Watson

By Gabriella Ben-Hutta ·

Brovada is an electronic trading enabler in the Canadian general insurance market used by over 2,000 brokers and insurers.

Business

Linux Foundation & AAIS launch openIDL

By Gabriella Ben-Hutta ·

The platform provides a standardized data repository streamlining regulatory reporting and enabling the delivery of next-gen risk and insurance applications.

Strategy

Zurich to offer e-scooter insurance at the point of sale

By Coverager ·

Zurich Seguros and MediaMarkt have teamed up to provide coverage for civil liability arising from the use of scooters and electric bicycles.

Investments

Northwestern Mutual backs Zirtue

By Gabriella Ben-Hutta ·

Zirtue is a relationship-based lending application that simplifies loans between friends, family and trusted relationships.

Innovation

YOLO partners with micro-mobility company Helbiz

By Shefi Ben-Hutta ·

Micro-mobility company Helbiz has signed a Memorandum of Understanding with Italy’s YOLO Group. If completed, the partnership would enable Helbiz users to purchase accident insurance for shared vehicles for the...

Business

Halo Investing launches annuities platform

By Gabriella Ben-Hutta ·

The new centralized marketplace enables financial advisors to explore, transact, and manage annuities in a simplified way.

Strategy

PDI acquires fuel savings app GasBuddy

By Coverager ·

PDI intends to enhance GasBuddy’s current offering, extending the ability of convenience retailers to attract new consumers.

Investments

Greenlight raises $260 million

By Avi Ben-Hutta ·

Greenlight is an all-in-one money management platform purpose-built for families that offers a suite of financial services across earning, saving, spending, giving and investing.

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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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