Coverager® - Insurance News and Insights

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Direct Line Group partnered with Compare the Market Tailtrust partnered with Allianz Aditya Birla Health raised $2.69M Boxx Insurance partnered with World Travel Protection Zurich partnered with ComfortDelGro Companjon partnered with Visa Burns & Wilcox picks Wildfire Defense Systems in Risk Mitigation Jones raised $15M Maccormack Agency picks Applied Systems in Sales Salvador Insurance picks EZLynx in Admin McDougall Insurance & Financial picks Quandri in Sales IAG picks Guidewire in Admin Wefox raised $174.62M Roadzen raised $5M F&G raised $375M

Paychex to acquire Paycor for $4.1 billion

By Coverager

The deal is expected to close in the first half of 2025, subject to regulatory approvals.

Investments

Legal & General announces sale of CALA Group

By Coverager ·

The consideration for the sale will result in cash proceeds of £1.16 billion.

Investments

BlackCloak raises $17 million

By Avi Ben-Hutta ·

BlackCloak is a cybersecurity company for executives, high-net worth individuals, and family offices.

Business

Cowbell expands underwriting capacity

By Coverager ·

Middle-market businesses will now be able to secure $5 million in primary and excess limits on Cowbell’s Prime 250 cyber and Prime Tech E&O products.

Technology

REVO Insurance, Accudire, and Assilog complete europe’s first blockchain-backed insured shipment

By Coverager ·

Luxury eyewear company Ormesani Srl also participated in the transaction.

Strategy

RAC celebrates 50 tears of DAFaid and a 32-year partnership milestone

By Coverager ·

DAFaid has been working with the RAC since 1992.

Marketing

Bunker launches new brand

By Coverager ·

Founded in 2015, Bunker focuses on business insurance solutions and compliance monitoring for small businesses.

Innovation

MassMutual discontinues LifeScore Labs

By Shefi Ben-Hutta ·

The flagship product, LifeScore360, was a comprehensive mortality risk score offering detailed visualizations of contributing factors and suggested ranges for each risk class.

Financials

SelectQuote’s Q4 2024: Revenue soars 39%, but growth faces new challenges in 2025

By Shefi Ben-Hutta ·

The company is scaling back the Auto & Home business.

Strategy

Newline Group expands UK operations with new office in Manchester

By Coverager ·

This is Newline's second regional office in the UK.

Business

Vouch partners with Vanta

By Avi Ben-Hutta ·

Vanta is used by over 8k companies from 58 countries.

Business

Arachas Group buys M & H Insurance Agency

By Coverager ·

M & H Insurance Agency will keep its brand name and will be integrated into Árachas Group.

Innovation

Swiss Re selects Mea’s GenAI solution

By Coverager ·

The expanded contract will see mea’s generative artificial intelligence technology applied to process complex data formats.

Investments

Hotel Engine raises $140 million

By Avi Ben-Hutta ·

Hotel Engine's network includes more than 750k hotels, 300 airlines and 40 rental car companies.

Marketing

Parsyl launches new brand

By Coverager ·

Parsyl operates out of Denver, CO, and London, England.

Member News

Gerent & Herald Revolutionize Workflows for Insurance Brokerages

By Herald ·

Herald and Gerent unifying in an effort to better serve the growing needs of brokerages that seek to leverage Salesforce’s advanced capabilities.

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Member News

Top hiring and retention strategies for independent insurance agencies

By Vertafore ·

Case Study: How This Agency Generated $500K in Additional Sales Before Open Enrollment

By Sophie Norman, Assurity ·

Insly joins Underwriting Agencies Council to power growth in Australia

By HAMMAD MIRZA, Insly ·

Delegation of Authority in Public Companies: Challenges, Compliance, and the Aptly Solution

By Robin Roberson, Agentech ·

MGA insurance: What, why, and how

By Vertafore ·

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 ·

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