Coverager® - Insurance News and Insights

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Baldwin Risk Partners picks ICEYE in Claims Talage partnered with Arch Insurance Company Mulberri partnered with Acronis Lloyds Banking Group partnered with Assurant Swisscom partnered with AXA Swisscom partnered with Zurich PCF Insurance raised $400M Faura raised $500K USAA picks Prefix in Risk Mitigation PURE Insurance picks LeakBot in Risk Mitigation PURE Insurance picks Whisker Labs in Risk Mitigation Rainwalk Technology raised $4M Estaly raised $3.85M Sixfold AI raised $12.5M CRC Insurance Group uses Data & Analytics in Claims

Trustmark to sell Fisher Brown Bottrell Insurance to Marsh McLennan Agency

By Coverager

Trustmark National Bank is selling its insurance subsidiary for $345 million in cash.

Business

Cover cuts 40% of staff

By Avi Ben-Hutta ·

In a podcast by PwC Canada published earlier this month, host Rich Adam asked Cover’s co-founder and CEO Karn Saroya what he would have done differently if he were to...

Member News

Clearcover car insurance launches in Wisconsin!

By Alice Patel ·

We’re excited about every new state we launch, but Wisconsin is an especially big deal for us—it’s like coming home. American Family Ventures, based in Madison, was our first investor,...

Member News

RiskGenius Releases COVID Coverage Checklist to Help Commercial Insurers Evaluate Coronavirus Exposure

By Jennifer Overhulse ·

Overland Park, KS – March 26, 2020 – RiskGenius, an Insurtech company using artificial intelligence (AI) to enable property and casualty (P&C) carriers to analyze policy language across an entire...

Business

Moven to shut down consumer banking service

By Avi Ben-Hutta ·

Founded in 2011, the NY-based company offers a mobile-only, low-fee banking services and some of its backers include TD, Anthemis, Standard Bank, and Route 66 Ventures.

Business

Amid crisis, Allstate helping customers with extended coverage, payment relief

By Isaac Ben-Hutta ·

Allstate has also taken other actions to provide peace of mind to customers and to employees.

Business

Farmers Insurance waives food delivery exclusions across the nation

By Coverager ·

Farmers Insurance announced it is temporarily modifying its Farmers-branded personal automobile and motorcycle insurance policies to provide applicable coverage for claims arising from the use of these vehicles for delivery of food, groceries, pharmacy and medical supplies, where they are not otherwise covered.

Business

Tink acquires Eurobits

By Avi Ben-Hutta ·

Founded in 2004, Eurobits serves some of the largest fintechs and financial institutions across Europe, providing connectivity to bank account information for banks, fintechs and payment providers.

Business

Genstar Capital announce formation of Obsidian

By Coverager ·

Obsidian Insurance Company, has received a financial strength rating of A- from A.M. Best to issue policies underwritten by Managing General Agents, Managing General Underwriters, and program managers.

Business

Principal halts lab tests and physical exams

By Avi Ben-Hutta ·

Brokers will instead underwrite policies using a digital portal powered by Human API that allows for access to medical data with client permission.

Opinion

Essentialism

By Avi Ben-Hutta ·

We’re hearing the word ‘essential’ a lot these days. According to Merriam-Webster, the definition of essential is “of the utmost importance.” And as most would agree, different people have different...

Strategy

Jumpstart partners with Acrisure

By Coverager ·

Jumpstart announced an agreement with Acrisure to distribute Jumpstart’s parametric earthquake insurance through its global network of Agency Partners.

Innovation

FWD Philippines adopts UnderwriteMe’s digital solution

By Avi Ben-Hutta ·

FWD Philippines is partnering with Underwrite me to shorten the application process and provide an underwriting decision at the point of sale.

Innovation

Just Auto is live in Arizona

By Shefi Ben-Hutta ·

Just is targeting lower-income consumers with a 30-day pre-paid, pay-per-mile liability insurance starting from $30 a month.

Member News

Clearsurance announces a small business survey to review commercial insurance companies

By Melanie Musson ·

North Andover, Massachusetts – March 26, 2020 – Clearsurance announces that it is conducting a small business survey about commercial insurance companies. The ultimate goal of this survey is to...

Investments

Plastiq raises $75 million

By Avi Ben-Hutta ·

The San Francisco-based company enables SMBs to use their credit cards for "virtually any expense," even where credit cards aren't accepted.

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Featured Jobs

One Novel Approach to Solving the Talent Crisis

By AgentSync, AgentSync ·

Underwriting Technology: What Insurance Leaders Need to Know

By Appian, Appian ·

London Underwriters Announces Strategic Partnership with First Insurance

By Daniel Feigenbaum, London Underwriters LLC ·

Cloud-Native Insurance Software Solutions to Maximize Growth and Streamline Operations

By AgentSync, AgentSync ·

Semsee Unveils a New Logo and Significant Platform Enhancements

By Lauri Klotz, Semsee ·

How to Renew Your Insurance License with a Criminal Background: Part 2 – Hawaii through Maryland

By AgentSync, AgentSync ·

Unlocking Value with Next-Generation Intelligent Underwriting

By Appian, Appian ·

Mission Possible: Top 3 Carrier Innovations in P&C to Restabilize Homeowners Insurance

By AgentSync, AgentSync ·

Flipping the Insurance Script with Tanner Hackett of Counterpart

By John Fohr, TrustLayer ·

Canopy Connect Releases New Integration with HawkSoft to Capture and Import Insurance Data

By Insurance Verification, Canopy Connect, Inc. ·

Share a news tip with Coverager

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Trustmark to sell Fisher Brown Bottrell Insurance to Marsh McLennan Agency

Cover cuts 40% of staff

Clearcover car insurance launches in Wisconsin!

RiskGenius Releases COVID Coverage Checklist to Help Commercial Insurers Evaluate Coronavirus Exposure

Moven to shut down consumer banking service

Amid crisis, Allstate helping customers with extended coverage, payment relief

Farmers Insurance waives food delivery exclusions across the nation

Tink acquires Eurobits

Genstar Capital announce formation of Obsidian

Principal halts lab tests and physical exams

Essentialism

Jumpstart partners with Acrisure

FWD Philippines adopts UnderwriteMe’s digital solution

Just Auto is live in Arizona

Clearsurance announces a small business survey to review commercial insurance companies

Plastiq raises $75 million

Head of Product

Managing Actuary

One Novel Approach to Solving the Talent Crisis

Underwriting Technology: What Insurance Leaders Need to Know

London Underwriters Announces Strategic Partnership with First Insurance

Cloud-Native Insurance Software Solutions to Maximize Growth and Streamline Operations

Semsee Unveils a New Logo and Significant Platform Enhancements

How to Renew Your Insurance License with a Criminal Background: Part 2 – Hawaii through Maryland

Unlocking Value with Next-Generation Intelligent Underwriting

Mission Possible: Top 3 Carrier Innovations in P&C to Restabilize Homeowners Insurance

Flipping the Insurance Script with Tanner Hackett of Counterpart

Canopy Connect Releases New Integration with HawkSoft to Capture and Import Insurance Data

Share a news tip with Coverager