Coverager® - Insurance News and Insights

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PolicyStreet partnered with myTukar.com Embroker partnered with Munich Re Jenny Life partnered with Assurity Insurify partnered with Nationwide Zeguro partnered with ActZero.ai Hokodo raised $12.4M BestDoctor raised $26M NFP uses Digital / Other in Admin SageSure uses Data & Analytics in Underwriting Branch raised $50M Embroker raised $100M BizCover uses Digital / Other in Sales ELEMENT raised $19.51M Allianz Partners uses Messaging Apps in Claims Economical Insurance uses Digital / Other in Sales

Lyra Health raises $200 million

By Gabriella Ben-Hutta

Lyra Health was founded in 2015 to redefine access to mental health care and currently supports more than 2.2 million members worldwide.

Member News

Insurtech + Meme Stock = WOW for Clover Health

By Kaenan Hertz ·

Today, on June 8, the stock worlds of Insurtech and Reddit memes collided. What a difference a day makes! The Reddit investors who built AMC Theaters, Bed Bath and Beyond,...

Member News

Save Money on Car Insurance: What are the cheapest cars to insure?

By Alison Tobin ·

One thing we’d all like is to save more money. But it can be tough when things, like our car insurance policies, are so expensive. If you are in the...

Business

Progressive CMO Jeff Charney awarded Ad Age 2021 “Brand CMO of the Year”

By Gabriella Ben-Hutta ·

He is the first from the insurance category to win the award.

Technology

NFP launches admin platform BOLI

By Coverager ·

The new platform replaces the current administration platform, CPADS, one of the first and most robust BOLI administration platforms of its kind.

Business

Accelerant Holdings acquires Agribusiness Risk Underwriters

By Coverager ·

Agribusiness Risk Underwriters provides poultry farm insurance product development, underwriting, and loss control.

Member News

How collaboration between InsurTechs and traditional insurers will drive industry improvements

By Alan Inskip ·

The rapid rise of InsurTech over the past year should not be seen as a threat to the traditional annual motor insurance model. Instead, it should be seen as an...

Strategy

Lightspeed to acquire Ecwid and NuORDER

By Coverager ·

The acquisitions will provide Lightspeed customers new entry points to the digital economy.

Member News

Sea Level Rise Data for every address in the USA is now in the HazardHub API

By Bob Frady ·

HazardHub, the nation’s fastest-growing supplier of geospatial risk data, is excited to announce the introduction of Sea Level Rise calculations to their award-winning risk API. Brady Foust, Ph.D., and Chief...

Investments

CSAA backs Overhaul

By Gabriella Ben-Hutta ·

The company has raised $35 million in a Series B funding round.

Investments

Berkshire Hathaway buys $500 million stake in Nubank

By Avi Ben-Hutta ·

With the deal, Berkshire Hathaway becomes Nubank's largest shareholder.

Business

Canopius launches Vave

By Gabriella Ben-Hutta ·

Vave is an algorithmic underwriting platform.

Innovation

General Motors expands access to OnStar Guardian app

By Coverager ·

Customers without a GM vehicle can stay protected and connected from anywhere and in any vehicle through the OnStar Guardian app.

Investments

Automotive Ventures closes inaugural fund to invest in early-stage auto tech companies

By Gabriella Ben-Hutta ·

Automotive Ventures was founded in 2014 by Steve Greenfield, an industry expert on mergers, acquisitions, strategy, and capital raises.

Investments

Certificial raises $5.8 million

By Gabriella Ben-Hutta ·

The round included IA Capital, Nationwide, Cofounders Capital, Fin VC, and Cameron Ventures.

Technology

Introducing Defender Oleg by Tinkoff

By Coverager ·

Oleg can also hold a conversation: it can tell jokes, if it is asked to do so, or offer advice on how to get protected from fraudsters.

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Member News

Salty Welcomes Mike Maroone to its Board of Directors

By Daniel Bryan, Salty Dot, Inc. ·

Lumen Risk Services partners with insurtech Betterview for ready access to critical property underwriting data

By David Tobias, Betterview ·

P&C Insurance Digital Transformation Trends

By Ushur, Ushur ·

Will the travel insurance industry solve its distribution challenges as COVID vaccinated travel takes off?

By Rajeev Shrivastava, VisitorsCoverage ·

$700M+ Reinsurance Capacity Sought in May Alone on Tremor Panorama

By Sean Bourgeois, Tremor ·

Axiom Connected and Smartcar partner to enable real-time telemetry data retrieval from over 70M US cars

By Amber Livingston, Smartcar ·

Ben Brantley joins Sureify® team as Chief Technology Officer

By Team at Sureify, Sureify ·

Help Me Help You: Fleet Drivers can Benefit from Telematics, Too

By Cambridge Mobile Telematics ·

Think Outside-the-Box for Supplemental Health Products

By Veer Gidwaney, Brella Insurance ·

Bindable Announces a New Platform Partnership with Brokerage NFP

By Bill Suneson, Bindable ·

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