Coverager® - Insurance News and Insights

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Sedgwick uses Artificial Intelligence in Claims Stateside Underwriting Agency partnered with QBE North America Coalition raised $30M Humana raised $1.25B ARMD partnered with Accelerant Holdings Snapsheet picks CrashBay in Claims Sompo Japan picks EIS Group in Claims Allianz picks Taktile in Admin GEICO picks Cambridge Mobile Telematics in Risk Mitigation Extend partnered with Mattress Firm Bolt Technology partnered with Cachet Cachet partnered with HDI Global SE RGA raised $700M Napo raised $15.18M Adaptive Insurance raised $5M

Tesla releases financials for carrier subsidiaries

By Avi Ben-Hutta

The company owns three licensed carriers.

Member News

Which role mileage plays as a rating factor for pricing and underwriting

By Amber Livingston ·

The goal of personal auto insurance pricing and underwriting is to define precise risk categories and use those categories to accurately calculate a policyholder’s premium. While pricing actuaries and underwriters...

Investments

Meditation app Headspace surpasses $200 million in funding

By Shefi Ben-Hutta ·

This latest round brings the company's total funding to $215.8 million.

Technology

American Enterprise announces partnership with InsuredMine

By Coverager ·

American Enterprise Group, Inc. (AEG) announced today it will be partnering with InsuredMine for end-to-end management and engagement of customers and prospective customers. This partnership will empower the divisions of...

Investments

Once again NFP Ventures backs Axio

By Coverager ·

Founded in 2013, Axio developed its Axio360 platform that measures risk exposure and manages a cybersecurity program.

Innovation

ExJewel launches to appraise jewelry digitally and instantly

By Gabriella Ben-Hutta ·

The company has 4 pricing tiers starting with a free version for one estimate and going as high up as €500 a month for e-commerce and insurance companies who would like unlimited appraisals, inventory management, and access to its API.

Innovation

Munich Re subsidiary Roanoke partners with battleface

By Coverager ·

battleface offers travel insurance products and assistance to modern travelers.

Investments

C5 Capital invests in emergency technology company RapidSOS

By Avi Ben-Hutta ·

Founded in 2012, RapidSOS developed an emergency response data platform that links life-saving data from more than 350 million connected devices and mobile apps directly to emergency response centers and first responders, sharing real-time information such as a caller's name, location, and opt-in health information.

Investments

Bravrr receives funding for digital wellness device to combat stress and pain

By Avi Ben-Hutta ·

BruxRelief tracks clenching and grinding behaviors from the temporalis muscle. This data is recorded, processed with AI and instant results are made available to the patient and clinician via a smartphone app.

Business

XP Inc acquires DM10 to strengthen its presence in the insurance

By Coverager ·

XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced the acquisition of DM10, a marketplace that connects hundreds of independent...

Investments

Planck raises $16 million

By Avi Ben-Hutta ·

Planck streamlines the commercial producing processes, providing real-time data insights for the entire small-and-medium business segments across the US.

Member News

Personal Care and Assisted Living Insurance Center Implements INSTANDA for Policy and Billing

By Jennifer Overhulse ·

Hartford, CT – June 10, 2020 – INSTANDA, provider of a cloud-based, digital ecosystem for property and casualty (P&C) insurance, is pleased to announce that Personal Care and Assisted Living...

Investments

AXA Venture Partners backs fraud prevention platform NS8

By Shefi Ben-Hutta ·

NS8 is a fraud prevention platform that combines behavioral analytics, real-time scoring, and global monitoring to help online businesses minimize risk.

Product

Saturday launches online long-term care insurance assessment tool

By Coverager ·

The assessment asks basic information such as person’s age, gender, marital status, and state of residence and then presents long-term care costs in their area and an assessment of how much lifetime care costs they might incur.

Technology

HSB Fast Track goes live in Ireland

By Coverager ·

The HSB Fast Track e-trade platform will offer brokers in Ireland a full suite of HSB products, including Construction Annual, Construction Project, Contractors’ Plant, Computer and Cyber - with more products planned for the future.

Technology

Otonomo to collaborate with Fiat Chrysler to build more use cases

By Coverager ·

Service providers will have access to crowd data from FCA vehicles including GPS coordinates, acceleration events, vehicle speeds, light status, and engine health indicators through Otonomo’s platform, along with data from other automotive manufacturers.

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Travelers

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 ·

AMS360 named top insurance agency management system in G2’s 2025 Software Awards

By Vertafore ·

Fusion Specialty partners with Insly to accelerate growth in M&A insurance

By HAMMAD MIRZA, Insly ·

Understanding insurance commission management

By Vertafore ·

Klarity and Munich Re Life US Analyze Third-Party and Wearable Data to Uncover Mortality Risk Insights

By Daisy Okas ·

Insurance 101: The Insurance Distribution Channel Overview

By AgentSync, AgentSync ·

AmerAdjust Leverages Agentech’s Digital Claims Co-workers

By Robin Roberson, Agentech ·

Introducing Kyber's PCMS Integration: Your Key to Simplified Claims Communication

By Arvind Sontha, Kyber ·

Future Family Launches the First Nationwide IVF Insurance: Baby or Your Money Back

By Margaret Cornejo ·

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