Coverager® - Insurance News and Insights

Coverager Data

AgriRisk raised $35.63K Acuity partnered with Tarmika First Choice Agents Alliance partnered with Semsee Zego partnered with FREE NOW Kettle raised $4.71M Newfront Insurance raised $100M MAPFRE uses AI / Machine Learning in Claims Honan Insurance Group partnered with Lloyds PhonePe partnered with Bajaj Allianz Extend raised $40M Matic Insurance raised $24M Cathay Life Insurance uses AI / Machine Learning in Underwriting Southern Farm Bureau uses Telematics in Sales Aviva uses AI / Machine Learning in Customer Service Trygg-Hansa uses Mobile in Beyond Insurance

Farmers announces voluntary separation plan for eligible employees

By Avi Ben-Hutta

Coverager reached out to Farmers after learning about a separation package and hiring freeze across the company.

Member News

Car sharing on the rise in UK: Minimise the ‘journey of the germ’ with these tips

By Alan Inskip ·

With ongoing lockdown restrictions on national and regional levels, more people are opting to share travel journeys by private vehicle. In fact, our latest research reveals that almost all UK...

Investments

Ping An raised $875M

By Gabriella Ben-Hutta ·

The round was led by GIC and Montana Capital Partners.

Strategy

Expert System announces rebrand to Expert.ai

By Gabriella Ben-Hutta ·

As part of this go to market transition, expert.ai is introducing a new logo, new corporate image and new website, www.expert.ai.

Investments

Hyperscience raises $80M in Series D

By Gabriella Ben-Hutta ·

The round was led by Tiger Global, with participation from new investor BOND, bringing the company's total funding to $190 million.

Innovation

Petplan partners with The Dodo

By Gabriella Ben-Hutta ·

"Fetch by The Dodo" is the first pet wellness brand dedicated to deepening the human-pet connection through technology, content and highly-personalized care.

Strategy

MAPFRE and Shift join forces to reinvent the customer claims experience

By Gabriella Ben-Hutta ·

The Spanish insurer is designing a new claims process supported by claims automation technology from the AI startup.

Business

American Equity rejects unsolicited acquisition proposal from Athene and MassMutual

By Coverager ·

Brookfield to reinsure Up to $10 billion of American Equity fixed index annuity liabilities and make 19.9% equity investment in American Equity at $37.00 per share.

Investments

CUNA Mutual acquires digital consumer lending platform CuneXus

By Gabriella Ben-Hutta ·

Fintech startup offers consumers one-click, personalized online and mobile lending experience.

Strategy

John Lewis to deliver “modern” home insurance

By Gabriella Ben-Hutta ·

The company announced that it has collaborated with Digital Partners, Sedgwick, Hood Group and ICE InsureTech to create a new home insurance product for its customers.

Investments

Wealthsimple secured $114M in funding

By Gabriella Ben-Hutta ·

The investment was led by TCV.

Investments

Bank of Queensland announced agreement to sell St Andrew’s Insurance

By Gabriella Ben-Hutta ·

“The sale of St Andrew’s represents an important strategic milestone for BOQ. We are delighted to have secured a buyer that has a long term vision for the business which includes meeting the continued obligations of policyholders. The divestment enables us to focus on our niche customer segments while simplifying our business model.” - Managing Director and CEO, George Frazis.

Strategy

Fabric appoints Daria Lupinacci as CMO

By Gabriella Ben-Hutta ·

In this role, Daria will join the senior leadership team and be responsible for driving customer acquisition and fulfilling Fabric's brand vision.

Opinion

Friday Feeling: Life & Death

By Shefi Ben-Hutta ·

Bits and beyond following recent happenings.

Strategy

Livongo partners with GuideWell to offer resources for diabetes management

By Gabriella Ben-Hutta ·

Leveraging Teladoc Health's existing partnership, GuideWell members will have access to Livongo's end-to-end virtual care experience for diabetes.

Member News

Coronavirus, where are we now? Insights from FRISS

By Ruud van Gerwen ·

Since we last provided our insights on the Coronavirus, things have changed. Lockdowns have gradually loosened in most countries, leading to a “business as usual” amount of claims and possible...

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Featured Jobs

Insurance Product Manager - Warranty

Cover Genius

Member News

Holmes Murphy targets small commercial business with Talage’s Wheelhouse

By Matt Donovan, Talage ·

5 Myths About Gig Workers Debunked

By Emily Smith, Cake & Arrow ·

SE2 Named a Dominant Provider in Novarica’s Market Navigator Report for Life and Annuity BPO-BPaaS

By SE2, SE2 ·

Convr Launches Convr Insider, Complimentary Underwriting Tool for Commercial P&C Carriers

By Convr, Convr ·

Sureify sales team continues expansion to meet growing demand

By Team at Sureify, Sureify ·

reask releases Unified Tropical Cyclone (UTC), a global, climate-connected view of Tropical Cyclone risk

By Nick Hassam, reask ·

Your Attendee Guide to the 2020 Virtual InsureTech Connect Event

By Maggie Parkhurst, Ushur ·

Beam Dental Celebrates Two Newest Board Members

By Jessica Ehler ·

Innoveo and Ignite Announce Strategic Partnership

By Deborah Polydys, Innoveo AG ·

Insurtech Root Insurance 2020 IPO Unpacked

By Kaenan Hertz, Insurtech Advisors LLC ·

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