Coverager® - Insurance News and Insights

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WeatherPromise partnered with JetBlue Airways WeatherPromise partnered with Greenlight Re Falcon Insurance Group picks Liberate in Claims RGA partnered with Equitable Adaptive Insurance raised $5M Selective raised $400M SiriusPoint raised $57.49M Lemonade picks Cambridge Mobile Telematics in Risk Mitigation TIH picks Auditoria.AI in Admin Oxbridge Re Holdings raised $3M Fair Car Insurance picks Octo Telematics in Underwriting Next Insurance picks ZestyAI in Underwriting COVU raised $10M Trilogy Underwriting partnered with Accelerant Holdings Movinx partnered with Liberty Mutual

State Farm shares cost estimates of wildfires

By Avi Ben-Hutta

State Farm General has paid out $1.75 billion on approximately 9,500 claims.

Investments

AXA backs Novocuff

By Gabriella Ben-Hutta ·

Novocuff has raised $26 million in a Series A funding round.

Investments

IntelePeer raises $140 million

By Coverager ·

Manulife Investment Management and Achmea participated in the round.

Business

Liberty Mutual appoints Julie Haase to EVP and CFO

By Coverager ·

The company's current Executive Vice President and Chief Financial Officer Chris Peirce announced he will retire at the end of 2024.

Business

Twelve Capital and Securis announce merger

By Coverager ·

Financial terms are not disclosed.

Financials

ChoiceOne announces pricing of common stock offering

By Gabriella Ben-Hutta ·

ChoiceOne expects to close the offering, subject to customary conditions, on or about July 26, 2024.

Business

SentinelOne introduces new insurance initiative

By Coverager ·

The company is launching a new program to help insurers secure their clients’ networks with "the world’s most advanced AI security platform."

Product

Travelers introduces Quantum Boat 2.0

By Coverager ·

Quantum Boat 2.0 broadens customer eligibility.

Member News

Cambridge Mobile Telematics Announces New Tokyo Office

By Cambridge Mobile Telematics ·

Local CMT office brings global telematics expertise to Japan July 25, 2024, Tokyo, Japan — Cambridge Mobile Telematics, the world’s largest telematics service provider, today announced that it has opened...

Strategy

Highlights from Goosehead’s earnings call

By Shefi Ben-Hutta ·

Mark Miller joined for the first time as Goosehead's President and CEO.

Innovation

Liiva platform to shut down tomorrow

By Shefi Ben-Hutta ·

Liiva is a digital platform to manage homeownership needs.

Strategy

Addressing climate change in the insurance sector

By Gabriella Ben-Hutta ·

By proactively managing climate risks, insurers can better navigate the complexities of a changing environment, ensuring resilience and sustainability for the future.

Business

USAA announces updates to senior leadership team

By Coverager ·

Brett Seybold will replace Wallace as CFO.

Member News

Planning for the future: Building an agency succession plan

By Vertafore ·

A comprehensive plan is critical to long-term success

Business

Mosaic Insurance names Toby Smith as Americas CEO

By Coverager ·

Smith began his career at AIG.

Investments

Bregal Sagemount Basecamp announces investment in UCPM

By Coverager ·

UCPM Insurance is one of the largest environmental insurance wholesalers in the country.

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Understanding insurance commission management

By Vertafore ·

Klarity and Munich Re Life US Analyze Third-Party and Wearable Data to Uncover Mortality Risk Insights

By Daisy Okas ·

Insurance 101: The Insurance Distribution Channel Overview

By AgentSync, AgentSync ·

AmerAdjust Leverages Agentech’s Digital Claims Co-workers

By Robin Roberson, Agentech ·

Introducing Kyber's PCMS Integration: Your Key to Simplified Claims Communication

By Arvind Sontha, Kyber ·

Future Family Launches the First Nationwide IVF Insurance: Baby or Your Money Back

By Margaret Cornejo ·

Transform Your Templates Into Comprehensive Claim Notices With Kyber's Parameter Auto-Population

By Arvind Sontha, Kyber ·

2025 Insurance Carrier Appointment Renewals for Individual Producers

By AgentSync, AgentSync ·

5 ways a professional conference boosts your insurance career

By Vertafore ·

Sure launches Sure Verify™ to transform insurance coverage verification for property management industry

By Sure, Inc. ·

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