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Direct Line Group partnered with Compare the Market Tailtrust partnered with Allianz Tailtrust partnered with Fairfax Financial Holdings Tailtrust partnered with American Financial Group Tailtrust partnered with AIG Watkins Insurance Group picks SALT Insure in Sales Zurich Insurance Indonesia picks Blink Parametric in Claims Lovys raised $906.41K QBE Hong Kong picks Assureful in Sales Storebrand raised $210M Prudential Financial picks Empathy in Claims Pie Insurance picks CorVel in Claims Bikmo raised $6M Stand Insurance Solutions raised $30M Roadzen raised $2.5M

🎉 2024-2025: Insurance deals, closures, and shifts

By Shefi Ben-Hutta

A quick rundown of the biggest stories, small changes, and other fun insurance stuff.

Business

FOXO completes acquisition of operations from Rennova Health

By Coverager ·

These acquisitions are expected to generate over $20 million in annual revenue.

Business

Inszone acquires Catalyst Benefits Group

By Coverager ·

This acquisition strengthens Inszone's presence in the employee benefits sector.

Business

Wrisk partners with Helvetia

By Gabriella Ben-Hutta ·

The two will deliver bespoke motor insurance solutions to automotive manufacturers, their financial services arms and other mobility providers across Europe.

Business

Generali to sell Turkish subsidiary

By Coverager ·

This move aligns with Generali's "Lifetime Partner 24: Driving Growth" strategy, which focuses on prioritizing key markets where the company has a strong presence.

Business

Integrity Marketing Group partners with Kalsi Insurance Agency

By Coverager ·

Kalsi Insurance Agency specializes in simplifying Medicare for diverse communities.

Technology

INSTANDA integrates with Swiss Re’s Magnum

By Shefi Ben-Hutta ·

With this integration, insurers gain access to a single, integrated platform that simplifies the life insurance application process.

Innovation

Inigo sponsors climate research program with University of Cambridge

By Coverager ·

Inigo aims to better assess the likelihood and impact of hurricanes, ultimately enhancing the industry’s ability to prepare for and respond to these catastrophic events.

Technology

Insuritas partners with Ocean State Credit Union to launch digital agency

By Coverager ·

The agency is set to launch in late 2024.

Strategy

Higginbotham partners with Cassidy & Company to expand southeast presence

By Coverager ·

Both firms aim to expand their market share.

Product

Erthos teams up with New Energy Risk on new warranty product

By Coverager ·

This warranty is expected to encourage more customers to adopt the Earth Mount Solar system.

Financials

HEMIC declares $5 million dividend for policyholders

By Coverager ·

HEMIC remains the leading provider of workers' compensation insurance in Hawaii

Product

Transamerica introduces final expense insurance powered by Bestow

By Coverager ·

FE Express is powered by Bestow.

Business

Caroline Feeney named chair of LL Global

By Gabriella Ben-Hutta ·

Feeney, CEO of Prudential’s U.S. businesses, will lead the nonprofit financial services industry organization in 2025.

Business

American Family raises minimum wage to $25 per hour

By Gabriella Ben-Hutta ·

This is the third time since 2020 that American Family group has raised its minimum wage.

Business

Wefox appoints new CEO

By Avi Ben-Hutta ·

It was reported that Wefox was looking to replace Hartigan after the German insurance startup’s board rejected a proposal by its largest stakeholder.

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Member News

Negotiating a Fair Car Insurance Settlement

By Melanie Musson, Clearsurance ·

Rudolph’s got a runny red nose?

By Oded Barak, Five Sigma ·

Vertafore’s Kelly Maheu joins the educational arm of the Big “I”

By Vertafore ·

Are your legacy systems keeping your applicants in the dark?

By Team at Sureify, Sureify ·

When Choosing Producer Lifecycle Management Software, Don’t Overlook the Importance of Customer Success

By AgentSync, AgentSync ·

What do drivers think about telematics?

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

Nationwide and TrustLayer: Changing the Game in Insurance Verification

By John Fohr, TrustLayer ·

Nationwide partners with TrustLayer to pioneer on-demand commercial insurance verification

By John Fohr, TrustLayer ·

Sure unveils vision for the future of insurance on its technology rails and network

By Sure, Inc. ·

Unlocking Efficiency in Life Insurance Renewals

By AgentSync, AgentSync ·

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