Coverager® - Insurance News and Insights

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CompScience partnered with AmTrust Financial QBE Insurance partnered with Cornerstone Vienna Insurance Group (VIG) picks ServiceNow in Admin Stateside Underwriting Agency partnered with QBE North America Universal Sompo partnered with Amplio Invest Coverdash partnered with Swyft Filings Bindable picks Canopy Connect in Sales Northbridge Financial picks EcoClaim in Claims Sedgwick uses Artificial Intelligence in Claims Coalition raised $30M Humana raised $1.25B Snapsheet picks CrashBay in Claims RGA raised $700M Napo raised $15.18M Adaptive Insurance raised $5M

Arthur J. Gallagher & Co to acquire Woodruff Sawyer

By Coverager

Gallagher will acquire Woodruff Sawyer for consideration of $1.2 billion.

Innovation

Bivvy discontinues sales of pet insurance policies

By Shefi Ben-Hutta · May 2, 2023

Bivvy went from pilot to revenue in six months and was "successfully sold."

Business

Midwest Holding to be acquired by Antarctica Capital

By Coverager · May 1, 2023

The company ended 2022 with a net income of $7.1 million, compared to a net loss of $16.6 million in 2021.

Member News

Building an application to reduce distracted driving

By Sentiance · May 1, 2023

Sentiance identifies four main categories to help you understand and contribute to your mobile application success and reduce distracted driving.

Investments

Wayhome raises £8 million

By Avi Ben-Hutta · May 1, 2023

Allianz X participated in the round.

Business

Starr ends 17-year relationship with Chubb

By Coverager · May 1, 2023

The company now directly underwrites its property - technical risks through its own insurance companies.

Investments

Hub to receive investment from private equity firm

By Coverager · May 1, 2023

The transaction is expected to close in Q3 2023.

Opinion

Policy Genius?

By Shefi Ben-Hutta · Apr 28, 2023

The terms of the deal.

Member News

Joyn’s Innovative Insurance Technology, built on the Solartis Platform, Wins 2023 Celent Model Insurance Award for Digital and Emerging Technologies

By Carol McKenzie · Apr 28, 2023

Celent recognized Joyn's Spark, built on the Solartis Insure microservices platform, as “a model of how best-of-breed insurance technology can integrate with specialized in-house systems to offer a better experience for users.”

Member News

Obie Partners With Atlas Real Estate

By Aaron Letzeiser · Apr 27, 2023

Obie is proud to announce that we have partnered with Atlas Real Estate, a Denver-based real estate company that provides property management services along with an in house and real estate brokerage.

Investments

Wefox is after more money

By Avi Ben-Hutta · Apr 27, 2023

Just under a year ago Wefox announced a $400 million equity and debt.

Member News

Introducing Real-Time Shopping Alerts from b atomic!

By Seth Zaremba · Apr 27, 2023

Media Contact Seth Zaremba – Founder April 27th, 2023 seth@batomic.com Introducing Real-Time Shopping Alerts from b atomic! Be the First to Know When Your...

Business

AIG and Stone Point finalize MGA deal

By Coverager · Apr 27, 2023

The terms of the transaction have not been disclosed.

Member News

Embedded Insurance and Cyber Security

By Shreyas C Vasanthkumar · Apr 27, 2023

Embedded insurance is a hot topic in many insurer boardrooms across EMEA for all the right reasons. Ben Dulieu, Duck Creek Technologies Chief Information Security Officer, encourages a parallel discussion around...

Business

Amazon Halo is shutting down

By Avi Ben-Hutta · Apr 27, 2023

Amazon is laying off some employees as a result of this decision.

Innovation

Insuritas partners with Credit One Bank

By Coverager · Apr 27, 2023

Credit One Bank will be introducing a full-service insurance agency.

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