Coverager® - Insurance News and Insights

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Onward Group partnered with Equinox Agency Insurance Company partnered with Insuritas Vertical Insure partnered with Eventeny Stillwater Insurance Group picks Livegenic in Claims Good2Go picks Claimatic in Claims East Tennessee Mutual Insurance Company picks Livegenic in Claims Zurich UK partnered with Reframe Qubit Underwriting Limited partnered with Canopius Nirvana Insurance raised $80M Klaim raised $10M CompSource Mutual picks Akur8 in Pricing AXA XL picks DarkWeb IQ in Risk Mitigation InsureVision raised $2.7M Outmarket AI raised $4.7M CoverForce Inc raised $13M

NY Attorney General sues Allstate over data breaches

By Shefi Ben-Hutta

The lawsuit follows two data breaches in 2020 and 2021.

Member News

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

By Arvind Sontha ·

Learn how this leading insurance TPA streamlined claims communication while ensuring compliance across multiple states and entities with Kyber.

Investments

CoverForce raises $13 million

By Coverager ·

The platform integrates with national carriers like AmTrust, Chubb, Liberty Mutual, and Travelers.

Business

Alacrity Solutions acquires InspectionConnection

By Shefi Ben-Hutta ·

InspectionConnection is an Ohio-based appraisal company specializing in heavy equipment.

Member News

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

By Vertafore ·

Independent agents place six Vertafore solutions in G2’s list of top financial services products

Strategy

Liberty Mutual to adopt single-brand sales

By Coverager ·

Safeco Insurance will retire as a brand.

Business

Arthur J. Gallagher & Co to acquire Woodruff Sawyer

By Coverager ·

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

Product

Sedgwick launches carbon neutral repairs initiative in the UK

By Coverager ·

Sedgwick’s initiative sets a precedent for carbon-conscious claims management.

Member News

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

By Mary Clare Riordan ·

Increased insurance premiums have prompted more and more consumers to shop around for options that better fit their budgetary needs, making comparison shopping through marketplaces increasingly critical to attracting buyers.

Business

Sedgwick names Kumar Siva chief operating officer in Canada

By Coverager ·

Siva, who joined the company in 2023, previously served as Senior Vice President for third-party administration (TPA) services and desktop solutions.

Financials

Erie marks centennial with 7M+ policies in force

By Shefi Ben-Hutta ·

Erie Indemnity just experienced net income of $600 million in 2024.

Investments

Odeko raises $126 million

By Avi Ben-Hutta ·

Odeko has more than 14,000 customers.

Business

Kin brings back coverage to California

By Avi Ben-Hutta ·

Policies in California are marketed and distributed through Kin Insurance Services.

Investments

Chubb and KKR to invest in USI

By Shefi Ben-Hutta ·

KKR has commenced a $1.5 billion offering of its Series D Mandatory Convertible Preferred Stock.

Business

Kanguro launches renters insurance in Florida

By Coverager ·

The Miami-based startup launched in 2023 with a pet insurance product underwritten by Cimarron Insurance Company.

Business

CompScience partners with CMTA and Bender Insurance Solutions

By Coverager ·

The new program is Underwritten by AmTrust Financial.

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

By AgentSync, AgentSync ·

Insurance trends and regulatory changes to watch in 2025

By Vertafore ·

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

By Team at Sureify, Sureify ·

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

By AgentSync, AgentSync ·

USAA: Cheapest Car Insurance in Florida

By Melanie Musson, Clearsurance ·

AMS360 named top insurance agency management system in G2’s 2025 Software Awards

By Vertafore ·

Fusion Specialty partners with Insly to accelerate growth in M&A insurance

By HAMMAD MIRZA, Insly ·

Understanding insurance commission management

By Vertafore ·

Klarity and Munich Re Life US Analyze Third-Party and Wearable Data to Uncover Mortality Risk Insights

By Daisy Okas ·

Insurance 101: The Insurance Distribution Channel Overview

By AgentSync, AgentSync ·

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