United States Archives

Coverager Data

Zurich Australia partnered with Crop Risk Underwriting Ventis Insurance partnered with Bravo Networks USI Insurance Services partnered with CNA Insurance GuardianPointe picks ZestyAI in Underwriting Hagerty partnered with Barrett-Jackson ING Group partnered with bolttech Ameriprise Financial raised $750M 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 Principal Financial Group raised $400M Fairfax Financial Holdings raised $750M

Consumer fintech Current raises $80 million

By Shefi Ben-Hutta

Current also expanded its partnership with Cross River.

Investments

Bridgestone invests in May Mobility

By Coverager ·

May Mobility is backed by Tokio Marine.

Investments

Penelope raises $2.1 million

By Gabriella Ben-Hutta ·

The round was led by Slauson & Co.

Investments

GM announces additional investment in Cruise

By Avi Ben-Hutta ·

GM acquired a majority ownership stake in the company in 2016.

Investments

Layr raises $10 million

By Avi Ben-Hutta ·

HSCM Ventures led the round.

Business

Prudential Financial and LeapFrog Investments to acquire a strategic minority interest in Alexander Forbes Group

By Coverager ·

The transaction is subject to regulatory approvals.

Investments

iink Payments raises $2.8 million

By Gabriella Ben-Hutta ·

Founded in 2017, iink (a team of 12) offers a property insurance claims system that automates the homeowner’s claims and endorsements.

Business

Berkshire Hathaway to acquire Alleghany Corporation

By Coverager ·

Alleghany Corporation is the owner of reinsurer TransRe.

Opinion

Electric Premium

By Avi Ben-Hutta ·

Tesla's biggest advantage over insurers isn't telematics.

Financials

NSI Insurance Group acquires HoneyQuote

By Gabriella Ben-Hutta ·

Founded in 2018, Florida-based HoneyQuote (a team of ~4 according to Linkedin) is a home insurance comparison tool.

Business

Buckle partners with Cambridge Mobile Telematics

By Coverager ·

The program will launch with availability to members in Maryland and Nevada this month.

Business

Steadily partners with TurboTenant

By Avi Ben-Hutta ·

TurboTenant is an all-in-one landlord software.

Investments

Policygenius raises $125 million

By Avi Ben-Hutta ·

All existing "major investors" participated in the round.

Investments

Peterson Private Equity backs Pupford

By Gabriella Ben-Hutta ·

Pupford has produced a large library of dog training content that has engaged over 2 million pet parents to date.

Business

Toyota expands partnership with CAS

By Gabriella Ben-Hutta ·

CAS is Toyota’s exclusive data aggregator, providing telematics and vehicle build data to insurance companies on behalf of Toyota customers who want to use their driving data to receive potential insurance savings.

Investments

Kyash raises $41.2 million

By Avi Ben-Hutta ·

Kyash is a banking app.

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