Coverager® - Insurance News and Insights

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Attune partnered with Hiscox The Hartford partnered with USAA Europ Assistance France partnered with Leocare Generali France partnered with Leocare Leocare partnered with Allianz Lovys raised $20.62M Leocare raised $18.1M Arbol raised $7M Foresters Financial Services uses Digital / Other in Beyond Insurance Digit Insurance raised $18.46M Nayms raised $2.04M QBE North America uses Data & Analytics in Claims Nationwide uses Blockchain in Admin Liberty Mutual uses Blockchain in Admin Amica Mutual Insurance uses Data & Analytics in Underwriting

Anew is brand new

By Shefi Ben-Hutta

"Anew is a part of the Nationwide family of companies. So that means as an Anew user, you’ll get the credibility and reliability of a Fortune 100 company dedicated to treating customers with extraordinary care."

Business

Safeco enters into book transfer agreement

By Coverager ·

The entry into these agreements is the result of the initiation of a process by the company, announced in October of last year, to exit its property and casualty business and to maintain focus on its core business.

Member News

Smartcar is expanding to Canada

By Amber Livingston ·

We’re proud to announce that Smartcar is expanding to Canada. After our launch in Europe last month, businesses with operations in Canada can now request early access and use the...

Investments

Aledade raises $100 million in Series D

By Gabriella Ben-Hutta ·

MD-based primary care startup announced it has closed a $100 million Series D funding round led by Meritech Capital led, with new growth investors Tiger Global Management and IVP, and...

Product

MetLife introduces MortgageSafe

By Gabriella Ben-Hutta ·

MortgageSafe is a policy which offers homeowners, old and new, reassurance by providing a monthly benefit that covers mortgage repayments in the event that the policyholder is unable to work due to accident or illness.

Financials

AmeriLife acquires Senior Market Advisors

By Gabriella Ben-Hutta ·

Over the past four years, SMA has expanded to cover 43 states and has grown the number of agents and agencies it serves by 60%.

Financials

TowerBrook and Further Global to acquire ProSight

By Gabriella Ben-Hutta ·

TowerBrook will acquire a majority stake in ProSight, with Further Global serving as a key minority co-investor.

Product

Introducing Lemonade Life

By Shefi Ben-Hutta ·

Lemonade is live with term life insurance.

Product

Quotemehappy.com expands to life insurance

By Shefi Ben-Hutta ·

Shoppers can choose between a 'level cover' or a 'decreasing cover' with the option to add critical illness coverage.

Business

Commodity risk insurtech Stable launches in Bermuda

By Gabriella Ben-Hutta ·

Founded in 2016, Stable’s data science platform enables the company to democratize access to ‘hedging’ for businesses of every sector and every size.

Business

One Drop to work with SCOR and Bayer on life insurance products

By Gabriella Ben-Hutta ·

The partners will develop a customized life insurance solution that pairs SCOR's VELOGICA with One Drop's evidence-based holistic health programs.

Business

FRIDAY announces new hires for its management team

By Gabriella Ben-Hutta ·

The company hired Nate Glissmeyer and Robin Latz.

Member News

omni:us appoints new CTO Jörg Niestroj

By Eanna Motherway ·

omni:us is pleased to begin 2021 with the appointment of a new Chief Technology Officer, Jörg Niestroj. Due to ongoing success in delivering intelligent claims management systems to the North...

Business

Wellthie is now inactive

By Gabriella Ben-Hutta ·

Founded in 2013, Wellthie was an insurance technology company offering broker and carrier shopping tools to simplify insurance distribution for small businesses and individuals.

Business

Boston Mutual celebrates 130 years of operation

By Coverager ·

In 2021, Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, is celebrating 130 years of dedication to those who rely on the carrier and delivering on its promises.

Financials

Porch acquires Homeowners of America

By Gabriella Ben-Hutta ·

The transaction, which is pending only regulatory approval, is expected to close in the second quarter of 2021.

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Member News

Ask Kodiak and Vertafore Announce Partnership

By Michael Albert, Ask Kodiak ·

Sentiance wins 2021 IoT Breakthrough Award

By Sentiance, Sentiance ·

Hiscox chooses Talage’s Wheelhouse to improve digital distribution of small commercial products

By Matt Donovan, Talage ·

Keeping up with Millennials: How insurers can do good for society & business

By Tran Nguyen, SafeButler Inc. ·

HawkSoft commits to remaining a privately owned agency management system

By Dana Stephens, HawkSoft ·

Eyes in the skies: using drone data for exposure management

By Forbes McKenzie, McKenzie Intelligence ·

New study from Bindable says independent agents must go digital

By Bill Suneson, Bindable ·

Carrier transformation from incumbent to digital-first

By Maggie Parkhurst, Ushur ·

Pacific Life deploys Life.io to transform digital customer experience

By SE2, SE2 ·

RiskStream Collaborative, TrustLayer, Inc., and Consortium Members to Create a Proof of Concept for the First Certificate of Insurance Verification Solution

By John Fohr, TrustLayer ·

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