Coverager® - Insurance News and Insights

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Limit picks OpenAI in Sales Millennial Specialty Insurance picks Akur8 in Pricing Coverdash partnered with Rocket Lawyer Kwik Fit partnered with Aioi Nissay Dowa Insurance Integral Group Solution partnered with Insuritas Slide Insurance partnered with Tampa Bay Buccaneers RT Specialty partnered with Bold Penguin Najm Insurance Services picks Cambridge Mobile Telematics in Sales Aviva picks Symfos in Underwriting Hastings Direct picks Cambridge Mobile Telematics in Risk Mitigation Ping An raised $3.5B Societe Generale Assurances raised $26M Triglav d.d. raised $108.15M Groupama raised $648.99M Gradient AI raised $36.13M

TWFG Insurance announces pricing of its initial public offering

By Coverager

TWFG priced its 11 million shares at $17 apiece, and had marketed them at a range of $14 to $16.

Investments

Speedinvest closes fourth fund

By Avi Ben-Hutta ·

Some of the LPs that have backed the fund include Aviva, Generali, and Abeille Assurances Ventures.

Business

Assurant launches commercial truck F&I professionals class

By Gabriella Ben-Hutta ·

This new course addresses the specific skills needed to optimize every type of transaction in commercial truck sales.

Investments

Benepass raises $20 million

By Avi Ben-Hutta ·

The NY-based startup offers a different approach to employee benefits.

Business

Etiqa Insurance Singapore introduces pet insurance offering

By Avi Ben-Hutta ·

The number of pets in Singapore is increasing.

Business

AXA XL adds Michelle Chia as cyber chief underwriting officer

By Coverager ·

Chia will oversee AXA XL's cyber business growth strategy in the Americas.

Strategy

Cigna to sell its Medicare businesses

By Avi Ben-Hutta ·

The company reached a deal with HCSC.

Investments

Indemn raises $1.9 million

By Avi Ben-Hutta ·

Indemn's platform uses artificial intelligence to simplify insurance discussions and purchasing.

Business

Tractive introduces pet insurance offering

By Avi Ben-Hutta ·

Tractive is a developer of GPS tracking devices for pets.

Innovation

ManchesterStory backs Wisedocs

By Coverager ·

The startup specializes in medical records review.

Opinion

Losing Amazon, Seeking Costco

By Shefi Ben-Hutta ·

Amazon was realistic about its insurance income. Now, it falls on Lemonade and Assurant (thinking of Cover360 here) to establish their own reality, with the single motive of finding their Costco.

Member News

Nirvana Insurance Selects Ascend to Automate Financial Operations

By Andrew Wynn ·

San Francisco, CA – January 29, 2024 – Nirvana Insurance, a pioneer in providing data-driven fleet insurance to commercial operators, proudly announces its selection of Ascend, the leading financial operations...

Member News

Authentic and Carpe Data Partner to Deliver Hyper-Tailored Insurance Solutions to Niche Affinity Groups

By Ben Offringa ·

Authentic will integrate with Carpe Data’s Minerva suite to streamline insurance processes, enhance underwriting practices and efficiently deliver tailored insurance solutions to overlooked markets.

Business

Ascot Group appoints Elizabeth Johnson as group chief operating officer

By Coverager ·

Johnson will be responsible for leading the company's global operational support organization.

Strategy

Coalition announces new MPL coverage

By Avi Ben-Hutta ·

The MPL coverage is available by endorsement.

Business

BOXX Insurance partners with AXA

By Avi Ben-Hutta ·

The new solution is available in Spain.

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Member News

GradGuard Network of Colleges and Universities Surpasses 600 School Partners

By John Fees, GradGuard ·

Introducing Clive™: The Insurance Industry’s First AI-Powered Claims Adjuster

By Oded Barak, Five Sigma ·

Insurance sector braces for another severe hurricane season

By Vertafore ·

CAPE Analytics and EagleView Announce Long-Term Imagery Collaboration Expanding Coverage, Recency, and History Across CAPE Property Intelligence Products

By Kayvan Farzaneh, Cape Analytics ·

How Mature Is Your Claims Process?

By Appian, Appian ·

How to Dance the Surplus Lines Tax Tango

By AgentSync, AgentSync ·

Hastings Direct and Cambridge Mobile Telematics Announce Partnership Renewal

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

4 Steps to Better Broker/Underwriter Workflows

By Appian, Appian ·

Insurance 101: All About Insurance Carrier Appointments

By AgentSync, AgentSync ·

Najm Launches Advanced Telematics Initiative to Improve Safe Driving in Saudi Arabia

By Cambridge Mobile Telematics, Cambridge Mobile Telematics ·

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