Coverager® - Insurance News and Insights

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21st Century General Agency partnered with Old American County Mutual ACACIA Insurance Managers partnered with Redpoint County Mutual Insurance Laka partnered with Volt (Electric Bike Store Ltd) Onlia partnered with Perch die Bayerische partnered with ACCURA Versicherungsmakler Allianz Deutschland uses Electronic Medical Records in Customer Service Igloo raised $27M PorchPals uses Digital Technology in Sales CSAA Insurance Group uses Data & Analytics in Underwriting Igloo uses Blockchain in Claims ReMark uses API in Sales RenewBuy raised $8.33M Taktile raised $20M Surround Insurance raised $2.5M Claims Carbon raised $1.14M

Hagerty continues its expansion beyond insurance

By Coverager

The Van Nuys opening marks the first location in Southern California.

Business

Hildene Capital launches $1 billion reinsurer

By Coverager ·

Ludlow Re will offer reinsurance to the global insurance market.

Business

Tesla files for a rate increase in Virginia

By Avi Ben-Hutta ·

The company is proposing this rate change based on an analysis of "competitor rate activity and prospective net trends."

Innovation

Introducing Vivint Repair: Water Sensor Experience

By Coverager ·

Vivint’s Water Sensor Experience offering is the latest in the company’s venture into Smart Insurance as it works to re-define protection for homeowners.

Innovation

FM Global opens experiential risk management facility in Asia Pacific

By Coverager ·

The Centre is also home to the company’s Asia operations.

Innovation

Introducing MetaRisk Live

By Coverager ·

MetaRisk Live enables clients to evaluate instantly the impact of changes to their reinsurance structure.

Opinion

Peak Concentration

By Avi Ben-Hutta ·

The term ‘concentrate’ is both a positive and a negative. For instance, juice from concentrate is considered bad while juice not from concentrate is considered good. Lemonade chose to name...

Investments

CMFG Ventures backs AI for lending startup Zest AI

By Coverager ·

The technology allows customers to approve more borrowers without taking on more risk

Business

Allianz Partners and Iberia extend their existing partnership

By Coverager ·

The company is extending its partnership with Iberia, Spain's largest airline, for three more years.

Business

Dutch now offers pet insurance

By Avi Ben-Hutta ·

The startup has partnered with Pets Best.

Business

Tesla files for a rate increase in Oregon

By Avi Ben-Hutta ·

Written premium for the current program is ~$657k.

Business

Apollo Underwriting enters cyber market

By Coverager ·

TigerRisk acted as the adviser on the transaction.

Business

Spott launches Pay-As-You-Sell insurance offering

By Avi Ben-Hutta ·

Founded in 2022, Spott raised around $8 million.

Business

Kyle Snoke named FNOL vice president at Erie Insurance

By Coverager ·

Snoke joined ERIE in 2008 as a property adjuster.

Business

EMPLOYERS partners with Colorado Restaurant Association

By Coverager ·

The program offers a variety of benefits and resources to CRA members.

Member News

Obie Partners With PeerStreet to Increase Ease in the Insurance Process for Lenders and Real Estate Investors

By Aaron Letzeiser ·

Obie has partnered with PeerStreet, the industry’s first two-sided marketplace for investing in real estate debt to increase ease for real estate investors as they move through the lending and insurance processes.

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Member News

20% of Flood Damage Affects Homes Outside of Flood Zones

By Melanie Musson, Clearsurance ·

PorchPals Selects Sure to Launch First of its Kind Subscription Package Theft Insurance

By Sure, Inc. ·

Adopt and adapt: the keys to tech-powered success for insurers

By Shreyas C Vasanthkumar, Duck Creek Technologies ·

Clearsurance.com Reveals the Cheapest and Most Expensive Cars to Insure

By Melanie Musson, Clearsurance ·

Open Enrollment 2023 Best Practices for Independent Insurance Agents

By AgentSync, AgentSync ·

Delos Insurance Solutions Announces New Program to Expand Wildfire Insurance Options for California Homeowners

By Dan Prince ·

Coterie Insurance Names Bobbie Collies as Chief Growth Officer

By Katherine Jones, Coterie Insurance ·

Pathpoint now live with more than 15 digital platforms and networks

By Liz Deranja, Pathpoint ·

OneShield Partners with Industry Leading Digital Experience Platform Airkit Elevating CX Capabilities

By Pam Simpson, OneShield Software ·

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