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C Spire partnered with bolt Lilypad Insurance partnered with Centauri Insurance Homesteaders Life picks Continental Computers in Claims Venbrook Group partnered with Crum & Forster FTP Inc. partnered with AmTrust Financial Lemonade picks ZestyAI in Underwriting Connor & Gallagher OneSource picks TrustLayer in Admin Five Sigma picks Vitesse PSP Limited in Claims Enstar Group raised $350M Crédit Agricole Assurances raised $818.37M Counter picks Northwestern Mutual in Claims Onward Group partnered with Equinox Nirvana Insurance raised $80M Klaim raised $10M InsureVision raised $2.7M

Liberty Mutual closes year with strongest balance sheet

By Shefi Ben-Hutta

The combined ratio improved to 91.5%, the lowest in 20 years.

Business

Cover Whale expands to fleet insurance market

By Gabriella Ben-Hutta ·

The offering includes Fleet Physical Damage and Motor Truck Cargo and will be available beginning January 1, 2021 through a select group of insurance brokers.

Member News

Closing the insurtech gap: Christine Garza talks Foresight’s growth and potential

By Foresight Insurance Press Office ·

Back in May, businesses across the US reeled in the face of COVID-19 and a long list of unknowns. Companies had shed millions of jobs (over 16 million) within the...

Business

NXCR and Westlake Financial announce $400 million debt facility

By Gabriella Ben-Hutta ·

NXCR was launched this past October by Scott Painter in response to COVID-19 and the heightened relevance and expected demand for a Car-as-a-Service (CaaS) mobility model for consumers.

Financials

Specialist Risk Group to be acquired by HGGC

By Gabriella Ben-Hutta ·

The private transaction is expected to close in Q1 2021, subject to regulatory approval.

Sompo International to acquire W. Brown & Associates aviation business

By Coverager ·

W. Brown’s expertise stretches back to 1948 when Bill Brown entered the aviation underwriting field after his WWII service as naval pilot.

Business

ZA Tech partners with OVO Group to launch new insurtech business in Indonesia

By Gabriella Ben-Hutta ·

Under this partnership, ZA Tech will provide know-how in insurance innovation and proprietary technology by offering well-defined platform-based solutions, which are built on the latest technology and capable of processing high volumes of data.

Member News

Unqork and SE2 expand strategic alliance

By SE2 ·

Partnership leverages Unqork’s enterprise no-code platform to enhance SE2’s end-to-end life and annuity insurance ecosystem Unqork, the leading enterprise no-code platform, today announced an expansion of its strategic partnership with SE2,...

Business

International Re partners with Cimarron

By Gabriella Ben-Hutta ·

The partnership will underwrite a range of admitted property and casualty lines of business, rolling out over the next 12 months.

Business

Revolut partners with Qover

By Gabriella Ben-Hutta ·

Qover integrates all Revolut paid plans, protecting their customers’ purchases against theft, damage, non-return policy and ticket cancellation.

Business

Oscar announces confidential submission of draft registration statement for IPO

By Coverager ·

Mulberry Health Inc., d/b/a Oscar, announced that it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (the “SEC”) relating to its...

Financials

SYKES acquires The Penny Hoarder for $102.5M

By Gabriella Ben-Hutta ·

Founded in 2010 by Kyle Taylor, St. Petersburg, Florida based TPH empowers people to make smart choices with their money, by sharing advice and resources on how to make, save and manage money.

Investments

DealerPolicy acquires Granite State Independent Insurance

By Gabriella Ben-Hutta ·

Granite State will cease to operate effective with this transaction.

Investments

Thoma Bravo backs Zipari

By Gabriella Ben-Hutta ·

Zipari will now serve nearly 200 clients with a suite of more than 20 products designed to help payers lower healthcare costs and improve ROI by ensuring an 'efficient and meaningful' connection between payers, members and providers.

Opinion

Built to Last

By Shefi Ben-Hutta ·

On January 2, we opened our first newsletter for the year with a ‘Briefed while’ regarding Farm Bureau. As a refresher, Farm Bureau Mutual Insurance Company of Idaho welcomed Todd...

Product

Co-op partners with pay-by-mile provider By Miles

By Gabriella Ben-Hutta ·

Rather than paying an annual premium, drivers pay a lower fixed amount each year to cover their non-driving risks, such as theft and vandalism, then pay for the rest of their cover monthly, based on how many miles they drive.

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Featured Jobs

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Travelers

Onboarding & compensation: What insurance agents need from carriers

By Vertafore ·

Vitesse and Five Sigma Partner to Expedite Payments and Enhance Customer Experience in Insurance Claims

By Oded Barak, Five Sigma ·

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 ·

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

By Arvind Sontha, Kyber ·

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

By Vertafore ·

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

By Mary Clare Riordan, Bindable ·

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 ·

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