Coverager® - Insurance News and Insights

Coverager Data

Travelers uses Digital Technology in Claims Farmers uses Digital Technology in Claims Liberty Mutual uses Digital Technology in Claims Progressive uses Digital Technology in Claims State Farm uses Digital Technology in Claims Simply Business (USA) partnered with AmSuisse Cover Whale partnered with Trusted Choice BringFido partnered with Battleface Arsht-Rock partnered with Blue Marble Microinsurance Kin Insurance raised $15M Kin Insurance raised $12M Procore Technologies partnered with Allianz Global Corporate & Specialty Osigu raised $900K Gravie raised $179M Fairmatic raised $46M

Allianz extends partnership with FC Bayern

By Avi Ben-Hutta

The stadium will continue to be known as the Allianz Arena until 2033.

Member News

Pathpoint launches PathPay, a first-of-its-kind wholesale payment experience for insurance agents

By Andrew Wynn ·

Powered by Ascend, PathPay is designed with agents in mind and is flexible and easy to use. Any small commercial agent using Pathpoint can set up PathPay in just a few minutes and access powerful tools to save time on their accounting operations.

Financials

CountPlus to acquire Affinia Financial Advisers from life insurer TAL

By Coverager ·

CountPlus is a network of professional accounting and advice firms.

Financials

The Co-operators acquires Smart Employee Benefits

By Coverager ·

As a result of the Transaction, the SEB Shares will be delisted from the TSX Venture Exchange.

Investments

Co-operators backs R-LABS

By Gabriella Ben-Hutta ·

The two formed a strategic partnership in January 2023.

Business

Cover Genius acquires the assets of Clyde

By Avi Ben-Hutta ·

In conjunction with the acquisition news, Clyde held their third round of layoffs.

Business

USBC partners with Farmers

By Avi Ben-Hutta ·

The Farmers brand will be visible on site at USBC Championship tournaments.

Business

Selective Insurance introduces ergonomic risk assessment tool

By Coverager ·

The tool is available to workers compensation policyholders.

Member News

Four Ways Every Company Can Be A Disruptor

By Raunaq Kalia ·

What happens when you shift the disruption narrative? At its core, disruption isn’t about replacing, but looking at an entity and saying, “How can it be improved?” Here are four ways every company can think like a disruptor.

Business

AXA XL adds Fleet Management Benchmarking service for Construction insurance clients

By Coverager ·

AXA XL clients receive a detailed report, along with anonymized comparison to other similar contractors.

Member News

AI (and the Human Touch) in the Insurance Industry

By AgentSync ·

Though AI technology has improved the slow, inefficient processes common in the insurance industry, the human touch is still a crucial element of insurance.

Financials

Clearcover ends 2022 with 114.5% loss ratio

By Avi Ben-Hutta ·

The startup ended the year with $140.7 million in direct premiums written, a 79% increase compared to 2021.

The Hartford names Shekar Pannala chief information officer

By Coverager ·

In this newly created role, Pannala will lead technology across the company’s Personal Lines, Small Commercial and Middle & Large Commercial businesses.

Business

VIU by HUB partners with Fetch Pet Insurance

By Avi Ben-Hutta ·

The move expands the personal insurance coverage offered by VIU.

Financials

Hippo announces $50 million stock repurchase program

By Coverager ·

The company went public on March 4, 2021, raising $230 million, and today has a market cap of $331 million.

Product

Main Street America launches additional protection for chiropractors

By Coverager ·

The product is underwritten by Midvale Indemnity Company, an affiliated writing company.

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Featured Jobs

39 States at Significant Risk of Earthquake Damage

By Melanie Musson, Clearsurance ·

HawkSoft welcomes Archway Computer to Solution Partner program

By Dana Stephens, HawkSoft ·

Coterie Insurance Honored with 2023 Insurtech Innovation Award in FinTech Breakthrough Awards

By Katherine Jones, Coterie Insurance ·

Tremor Launches Revolutionary Cross-Placement Optimization Tools

By Sean Bourgeois, Tremor ·

5 Reasons Why Smart Insurers Invest in Technology During a Recession

By AgentSync, AgentSync ·

Joyn Insurance Adds Former AIG Executive Chairman and CEO Brian Duperreault to Board of Directors

By Callie Thomas, Joyn Insurance ·

A Better Borrowing Experience Meets The New Standard in Landlord Insurance: Obie Partners with BEST Lending Co

By Aaron Letzeiser, Obie ·

NeuralMetrics Appoints Dr. Henna Karna, Insurance Industry Leader and Google Cloud Executive, to Advisory Board

By Raunaq Kalia ·

Ascend Integrates Payments and Premium Financing Solution with AMS360

By Andrew Wynn, Ascend ·

Sentiance's fully on-device Driving Insights is a game changer

By Sentiance, Sentiance ·

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