Coverager® - Insurance News and Insights

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C Spire partnered with bolt Lilypad Insurance partnered with Centauri Insurance Homesteaders Life picks Continental Computers in Claims Venbrook Group partnered with Crum & Forster FTP Inc. partnered with AmTrust Financial Lemonade picks ZestyAI in Underwriting Connor & Gallagher OneSource picks TrustLayer in Admin Five Sigma picks Vitesse PSP Limited in Claims Enstar Group raised $350M Crédit Agricole Assurances raised $818.37M Counter picks Northwestern Mutual in Claims Onward Group partnered with Equinox Nirvana Insurance raised $80M Klaim raised $10M InsureVision raised $2.7M

Aon announces transition of president

By Coverager

Andersen joined Aon with the firm's acquisition of Minet in 1997.

Business

Falvey Insurance Group introduces transportation & logistics liability package

By Gabriella Ben-Hutta · Jul 22, 2022

This offering is ideal for common carriers, freight forwarders, transport intermediaries, and third-party logistics service providers.

Member News

Stere and ITC Partnership Brings First MGA-focused Capacity Forum to ITC Vegas 2022

By Dan Prince · Jul 21, 2022

ITC Vegas has partnered with Stere to launch Capacity Connect - ITC Vegas’s first capacity forum solely dedicated to the MGA/program administration market.

Strategy

Amazon to buy One Medical

By Avi Ben-Hutta · Jul 21, 2022

Amazon will acquire One Medical for $18 per share in an all-cash transaction valued at approximately $3.9 billion.

Business

Acrisure acquires MSPs to expand cyber services offering

By Coverager · Jul 21, 2022

Acrisure has acquired Catalyst Technology Group and ITS Inc.

Business

GEICO to shut down local offices in California

By Avi Ben-Hutta · Jul 21, 2022

In April we reported that the insurer has paused phone sales in several states.

Member News

Ivans Index Q2 2022 Results Released

By Lauren Malcolm · Jul 21, 2022

Average premium renewal rate changes of nearly all major commercial lines of business remain up year over year, while all lines increase month over month except Umbrella UNIVERSITY PARK,...

Investments

Gordian Software raises $25 million

By Avi Ben-Hutta · Jul 21, 2022

The startup will use the funding to introduce new products such as insurance and fare protection, among other things.

Business

Asurion makes cuts

By Avi Ben-Hutta · Jul 21, 2022

Asurion is laying off ~1,000 employees.

Business

Varo Bank lays off 75 employees

By Avi Ben-Hutta · Jul 21, 2022

Varo is backed by Progressive.

Business

Propeller Bonds partners with SIAA

By Gabriella Ben-Hutta · Jul 20, 2022

The alliance writes over $10.8B in total written premium annually.

Business

Products from MassMutual now available on iPipeline’s platform

By Gabriella Ben-Hutta · Jul 20, 2022

The expanded access is being made possible by MassMutual Strategic Distributors (MMSD), a dedicated third-party distribution channel introduced by MassMutual in early 2021.

Investments

Zesty.ai raises $33 million

By Coverager · Jul 20, 2022

Zesty.ai is an AI-powered property risk analytics solution provider.

Marketing

Root announces three new sports partnerships

By Coverager · Jul 20, 2022

Root’s name, logo, and advertisements will be integrated into the teams’ media, game-day graphics, and sponsored content.

Strategy

Next partners with Evident to distribute small business insurance

By Shefi Ben-Hutta · Jul 20, 2022

The idea is to offer small business insurance to companies that Evident verifies.

Investments

Resolve raises $3.3 million

By Gabriella Ben-Hutta · Jul 20, 2022

Founded in 2019, the company audits, reviews, and negotiates medical bills to identify errors and problems.

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Travelers

Onboarding & compensation: What insurance agents need from carriers

By Vertafore · Mar 13, 2025

Vitesse and Five Sigma Partner to Expedite Payments and Enhance Customer Experience in Insurance Claims

By Oded Barak, Five Sigma · Mar 12, 2025

What Is Distribution Channel Management (DCM)? The Evolution of Compliance.

By AgentSync, AgentSync · Mar 11, 2025

Insurance trends and regulatory changes to watch in 2025

By Vertafore · Mar 10, 2025

New white paper exploring what's inhibiting AI success in life & annuity

By Team at Sureify, Sureify · Mar 5, 2025

Case Study: Harbor Claims Saves Adjusters 50% of Time Spent Drafting With Kyber

By Arvind Sontha, Kyber · Mar 5, 2025

Vertafore report shows how carrier processes, communication and technology impact the agent experience

By Vertafore · Mar 5, 2025

Insurance Comparison Shopping Made More Efficient for Consumers and Agents Through Bindable’s New Integration with Canopy Connect

By Mary Clare Riordan, Bindable · Mar 4, 2025

Path to Profitability: Market Risks Facing Agencies and Carriers for Medicare Open Enrollment 2025

By AgentSync, AgentSync · Mar 4, 2025

USAA: Cheapest Car Insurance in Florida

By Melanie Musson, Clearsurance · Mar 1, 2025

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