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Marsh uses Data & Analytics in Beyond Insurance AmTrust Financial partnered with Servify Quotacy partnered with Bestow CUNA Mutual Group partnered with CarSaver Obie partnered with Baselane Canopius uses Other (Digital) in Admin Pie Insurance uses Data & Analytics in Sales Duuo Insurance Services partnered with WJ Properties Foresight Commercial Insurance raised $39M Five Sigma raised $2M Bennie raised $33M Amplify Life Insurance raised $12M Baobab raised $3.99M Foresters Financial uses Mobile in Beyond Insurance OOM Insurance uses Other (Digital) in Claims

Inflation

By Avi Ben-Hutta

I once had a conversation with an advertising professional who had worked for both American and Israeli brands. He explained that the primary distinction between Israeli and American consumers is...

Strategy

Extend becomes a licensed service contract provider

By Coverager ·

The launch of Extend’s obligor operations follows the company’s 2019 acquisition of Aon’s US warranty business.

Innovation

CitizenShipper teams up with Tint to offer pet transport protection plans

By Avi Ben-Hutta ·

Tint enables tech platforms to embed protection plans and insurance into their products.

Investments

Facet Wealth raises $100 million

By Avi Ben-Hutta ·

Facet Wealth offers financial advice.

Investments

Honeycomb Insurance raises $15.4 million

By Avi Ben-Hutta ·

Honeycomb targets condo and homeowner associations.

Investments

Foresight Group raises $39 million

By Avi Ben-Hutta ·

Foresight has raises $59 million to date.

Member News

Reask gains funding from leading early-stage investors to deliver next-generation global Nat Cat modelling

By Nick Hassam ·

The funding, led by Tencent, plus SV Angel and Hawktail, will support Reask’s growth and development of its next generation AI-based models.

Strategy

American Financial acquires underwriting startup Verikai for $120 million

By Gabriella Ben-Hutta ·

Verikai leverages alternative data and machine learning to change the way the insurance industry views risk.

Investments

Smartcar raises $24 million

By Gabriella Ben-Hutta ·

Founded in 2015, companies use Smartcar’s APIs to verify vehicle mileage, issue digital car keys, manage EV charging, and track fleets.

Product

Introducing Bikmo for Business

By Gabriella Ben-Hutta ·

Bikmo said it is seeing more demand for ‘non-standard’ insurance policies from startups and innovative business models, and also more businesses looking to embed insurance protection with their service or product to better support their customers or members.

Investments

Investment firm Agman launches MGA

By Coverager ·

The new MGA is targeting the Excess and Surplus market following a $10 million financing.

Member News

Sentiance and RAC reduce distracted driving by nearly 60%

By Sentiance ·

Sentiance developed the Safer Driver app with RAC, the Royal Automobile Club of WA, using behavioral science to change bad driving habits and reduce phone usage behind the wheel.

Member News

Cyber MGA Resilience Appointed as Coverholder at Lloyd’s

By Dan Prince ·

Cyber MGA Resilience Appointed as Coverholder at Lloyd’s Appointment empowers Resilience to bring its cyber insurance solutions to a global marketplace SAN FRANCISCO, CA, January 19, 2022 – Resilience, an...

Investments

Seel raises $17 million

By Shefi Ben-Hutta ·

Seel - formerly Kover - is building a new category of risk products for high-frequency, low-severity (HFLS) risks.

Product

Foresters Financial introduces a new mobile feature

By Coverager ·

Members can earn reward points for giving back to their community.

Innovation

Ford and ADT to form joint venture

By Avi Ben-Hutta ·

Ford and ADT expect to invest approximately $100 million during the next three years.

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Featured Jobs

Licensed (P&C) Customer Service Representative

VOOM Insurance

How To Get Life Insurance If You Got Turned Down

By Laura Adams, Clearsurance ·

Obie Announces Partnership with Baselane to Support Real Estate Investors

By Aaron Letzeiser, Obie ·

Innoveo Records Record Growth in 2021 as Demand for Enterprise No-Code Accelerates

By Deborah Polydys, Innoveo AG ·

How Socotra enabled a multinational insurer to launch a digital-first auto product while reducing costs and increasing customer satisfaction

By Socotra, Socotra ·

New AI solution to help homeowners recover faster from natural disasters

By Guillermo Murga, Tractable AI ·

Quiet Revolution: RGA’s Global Eldercare Survey Reveals Solutions Reshaping the Global Senior Markets

By Carmela Tedesco, RGAX ·

battleface Partners with Mondee to Offer Travel Insurance Cover

By battleface ·

Amplify Raises $12M Funding Round for Life Insurance Investment Platform

By Vipin Shri, Amplify Life Insurance ·

Tarmika Announces Integration with Central Insurance for their Commercial Lines Package (CLP) Product.

By Alexandria Eisenhardt, Tarmika ·

A record 17 InsurTechs chose Socotra in 2021

By Socotra, Socotra ·

Share a news tip with Coverager

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Inflation

Extend becomes a licensed service contract provider

CitizenShipper teams up with Tint to offer pet transport protection plans

Facet Wealth raises $100 million

Honeycomb Insurance raises $15.4 million

Foresight Group raises $39 million

Reask gains funding from leading early-stage investors to deliver next-generation global Nat Cat modelling

American Financial acquires underwriting startup Verikai for $120 million

Smartcar raises $24 million

Introducing Bikmo for Business

Investment firm Agman launches MGA

Sentiance and RAC reduce distracted driving by nearly 60%

Cyber MGA Resilience Appointed as Coverholder at Lloyd’s

Seel raises $17 million

Foresters Financial introduces a new mobile feature

Ford and ADT to form joint venture

Licensed (P&C) Customer Service Representative

Chief Financial Officer

Insurance Product Analyst

VP of Partnerships

How To Get Life Insurance If You Got Turned Down

Obie Announces Partnership with Baselane to Support Real Estate Investors

Innoveo Records Record Growth in 2021 as Demand for Enterprise No-Code Accelerates

How Socotra enabled a multinational insurer to launch a digital-first auto product while reducing costs and increasing customer satisfaction

New AI solution to help homeowners recover faster from natural disasters

Quiet Revolution: RGA’s Global Eldercare Survey Reveals Solutions Reshaping the Global Senior Markets

battleface Partners with Mondee to Offer Travel Insurance Cover

Amplify Raises $12M Funding Round for Life Insurance Investment Platform

Tarmika Announces Integration with Central Insurance for their Commercial Lines Package (CLP) Product.

A record 17 InsurTechs chose Socotra in 2021

Share a news tip with Coverager