United States Archives

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PetGPT partnered with Lemonade PetGPT partnered with Healthy Paws PetGPT partnered with Spot Pet Insurance PetGPT partnered with Fetch Pet Insurance CardRatings partnered with Tivly Allianz Commercial picks Hyperexponential in Pricing Canal Insurance picks Kyber in Claims Way Specialty picks Origami Risk in Admin Obie picks Magiq in Claims Well Link Insurance Group raised $200M Alan raised $544.58M Taktile raised $110M Odie Pet Insurance picks Magiq in Admin Enstar Group raised $500M Mitigata raised $15M

PetGPT launches pet insurance comparison app in ChatGPT

By Shefi Ben-Hutta

Quoting engine sends leads to Lemonade, Spot, and Fetch.

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.

Business

HSB Canada appoints Barbara Bellissimo as new president and CEO

By Coverager ·

She replaces John Mulvihill, who has retired after a successful 34-year career with the Toronto-based specialty insurer.

Investments

MassMutual backs XUND

By Gabriella Ben-Hutta ·

XUND is known for its software as a medical device (SaMD) that supports the entire patient lifecycle.

Investments

BurnBot raises $20 million

By Avi Ben-Hutta ·

American Family Ventures participated in the round.

Financials

Collision repair marketplace CrashBay raises $1.25 million

By Gabriella Ben-Hutta ·

Founded in 2019, CrashBay provides end-to-end collision repair solutions across North America.

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Member News

Fuse Launches Tape: a Free, Live Market-Intelligence Surface for the Public P&C Insurance Complex

By Sean Bourgeois, Fuse ·

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 ·

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