Coverager® - Insurance News and Insights

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Housecall Pro partnered with Coverdash autoMHatic Financial partnered with CoverTree Bommarito Automotive Group partnered with AutoComplete Mainstay Underwriting picks Wilbur in Claims Zurich Group Germany picks Guidewire in Admin TruStage partnered with Empathy Healthy Paws partnered with DogPack Axle raised $17.5M Central Insurance picks Plnar in Claims New Age Underwriters Agency picks Slice Labs in Sales National General picks Axle in Sales Storebrand raised $31.54M Consint raised $2.31M Athene raised $1B Faye raised $50M

Salty relaunches as AI-native insurance provider

By Shefi Ben-Hutta

Salty initially offered an embedded insurance platform that allowed consumers to purchase auto insurance during the car-buying process.

Financials

Summary of Progressive’s Q2 2022 earnings call

By Shefi Ben-Hutta ·

Progressive is investing to meet the growing online demand for property insurance.

Business

Chewy launches CarePlus

By Avi Ben-Hutta ·

Last year, Chewy entered the pet insurance space.

Investments

Axio raises $23 million

By Avi Ben-Hutta ·

Axio is led by president David White, and CEO Scott Kannry, a former Aon vice president.

Investments

Stackwell raises $3.5 million

By Avi Ben-Hutta ·

The startup plans to launch its app this fall.

Member News

Semsee Launches Real-Time Insurance Market Appetite Resource for All Agents to Use for Free

By Elizabeth Fischer ·

Semsee launched Appetite Checker, a new resource that enables agents and small business owners to obtain real-time market appetite from insurance carriers, MGAs and MGUs.

Member News

Socotra Achieves Exceptional Performance in First Half of 2022 Despite Headwinds for the Insurtech Industry

By Socotra ·

Socotra accelerates momentum with ARR increasing 97% YoY and 13 new customers YTD Socotra, the modern core platform provider for innovative insurers and insurtech MGAs, today announced exceptional positive momentum...

Financials

Assurance IQ records another losing quarter

By Avi Ben-Hutta ·

In total, the company lost $337 million since Prudential started to disclose financial information.

Innovation

👏 CarBravo is open for business

By Gabriella Ben-Hutta ·

All we're missing is 'embedded insurance.'

Investments

Ben raises $16 million

By Avi Ben-Hutta ·

Ben offers flexible employee benefits.

Business

AppleCare+ with theft and loss coverage for iPhone is available in three new countries

By Avi Ben-Hutta ·

Coverage is underwritten by AIG.

Business

Coverage Cat is backed by YC

By Avi Ben-Hutta ·

Coverage Cat helps individuals optimize their insurance.

Member News

Counterpart hires two management liability industry veterans

By Counterpart ·

While many insurtechs are cutting back on staff, Counterpart is growing with the hiring of two more insurance industry leaders to its team of small business management liability experts.

Member News

How Long Does it Take an Insurance Producer to Start Selling?

By AgentSync ·

Insurance agencies report lengthy producer onboarding periods — 30 days or more! But how much does slow producer onboarding cost? It depends on how much money the producer could make — and how long it takes before they can start selling.

Business

Aviva to acquire Azur’s high-net-worth personal lines business

By Coverager ·

The transaction will be funded by Aviva Insurance Limited.

Business

State Farm adds new telematics feature

By Avi Ben-Hutta ·

State Farm's telematics program is powered by Cambridge Mobile Telematics.

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Member News

OneShield Appoints Rick Becker as Senior Vice President, New Products

By Debbie Ryan, OneShield ·

Insurance Intake Gets a Branding Layer, as Canopy Connect Introduces Trailhead

By Insurance Verification, Canopy Connect, Inc. ·

How AI is Changing Insurance Reconciliation Workflows

By Vertafore ·

Fuse Launches Financial Institutions Hub

By Sean Bourgeois, Fuse ·

From Uncertainty to Underwriting: How Specialty Markets Arise

By Vertafore ·

5 Reasons Carriers & MGAs Are Moving to the Cloud

By Vertafore ·

Vertafore named a 5-Star Technology and Software Provider for core digital systems and specialized AI built for the way agencies, MGAs and carriers work

By Vertafore ·

“It’s How We’ve Always Done It” Is the Most Expensive Sentence in Insurance Receivables

By Evy Strom, ePayPolicy ·

Zywave Unveils New Horizon Thought Leadership Event Series with 2026 Digital Distribution Conference in New York City

By Zywave ·

Florida’s New Property Litigation Is Falling. Claims Leaders Still Have an Inventory Problem.

By Yo Sub Kwon, Voltaire ·

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