Coverager® - Insurance News and Insights

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Sompo Japan picks EIS Group in Claims ARMD partnered with Accelerant Holdings Allianz picks Taktile in Admin GEICO picks Cambridge Mobile Telematics in Risk Mitigation Extend partnered with Mattress Firm Bolt Technology partnered with Cachet Cachet partnered with HDI Global SE Allianz Life partnered with Morgan Stanley CyberCube picks Feathery in Admin Acclaim Insurance Brokers picks CyberCube in Underwriting RGA raised $700M Napo raised $15.18M Adaptive Insurance raised $5M Selective raised $400M SiriusPoint raised $57.49M

Skyward CEO: "We are a winner"

By Shefi Ben-Hutta

The insurer reported $388.4 million in gross written premiums, a 20.8% increase from 2023.

Business

Steadily partners with Tractic.io

By Gabriella Ben-Hutta ·

Steadily is a Texas-based landlord insurance provider.

Business

Miller to acquire Bruzon

By Coverager ·

The transaction is Miller’s second Continental European acquisition.

Business

Lloyd’s to open new Miami office

By Coverager ·

The new office will enable Lloyd’s to realign its resources to centrally support brokers, coverholders and managing agents.

Investments

Understory raises $15 million

By Avi Ben-Hutta ·

The round was co-led by True Ventures and Prelude Ventures.

Business

Allianz Partners launches allyz in the US

By Avi Ben-Hutta ·

The company says that more capabilities are expected later this year.

Business

The Baldwin Group introduces Cyber Navigator

By Avi Ben-Hutta ·

Cyber Navigator is powered by Limit.

Member News

Cake & Arrow Announces Upcoming Webinar: Climate Change & Homeowners Insurance – Exploring Human Needs Through Design Research

By Emily Smith Cardineau ·

As temperatures and the number of catastrophic losses continue to climb, homeowners are facing skyrocketing insurance premiums and loss of coverage. Climate change is testing the insurance industry’s...

Innovation

Zurich collaborates with UTS on AI solution for underwriting mental health

By Shefi Ben-Hutta ·

The AI models will allow Zurich to make an immediate underwriting decision on applications with mental health disclosures.

Investments

Sixfold raises $15 million

By Avi Ben-Hutta ·

Salesforce Ventures led the round.

Strategy

Ambac to sell legacy financial guarantee business

By Coverager ·

The transaction’s closing remains subject to customary conditions.

Business

Ambac to acquire majority stake in Beat Capital Partners

By Coverager ·

Ambac is paying $282 million.

Business

Pen Underwriting acquires MGA Wrightway

By Coverager ·

Terms of the transaction were not disclosed.

Business

APOLLO Insurance launches FinShore

By Gabriella Ben-Hutta ·

FinShore provides a fully embedded monthly payment option to over 100,000 Canadians insured with APOLLO.

Business

Chubb to acquire MGA Catalyst Aviation Insurance

By Coverager ·

This acquisition will expand Chubb's presence in the Australian aviation market.

Business

LexisNexis to acquire Henchman

By Coverager ·

Henchman serves over 170 legal and corporate customers globally, including major US and European law firms and companies.

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Featured Jobs

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Travelers

AMS360 named top insurance agency management system in G2’s 2025 Software Awards

By Vertafore ·

Fusion Specialty partners with Insly to accelerate growth in M&A insurance

By HAMMAD MIRZA, Insly ·

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 ·

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