Coverager® - Insurance News and Insights

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Vertafore picks Floatbot in Admin HOA Insurance Agency partnered with Travelers DUAL North America picks .406 Ventures in Underwriting Managing Agency Partners picks ZestyAI in Underwriting ThreeFlow partnered with Employee Navigator bolttech partnered with Jubilee Insurance Progressive partnered with Winnebago Industries Klaimee partnered with Algorithmic Insurance Services Coverwatch raised $4.5M Hippo picks Anthropic in Admin Brown & Brown picks Anthropic in Admin Klaimee raised $5.5M PremFina raised $541.32M American Growth Insurance raised $70M PolicyStreet raised $5M

Mapfre to acquire Safety Insurance for $1.54 billion

By Shefi Ben-Hutta

Safety shareholders will receive $105 per share, representing a 44% premium to the insurer’s closing stock price on July 23, 2026.

Investments

OpenSpace reaches valuation of $902 million

By Gabriella Ben-Hutta ·

Founded in 2017, OpenSpace's technology enables builders to 'easily' capture a visual record of a job site.

Business

AIG Retirement Services launches FutureFIT Wellness Check

By Coverager ·

FutureFIT Wellness Check guides and supports individuals in developing a personalized action plan to help achieve financial goals.

Product

Swiss Re offers Insurers access to accident data

By Gabriella Ben-Hutta ·

Carriers can now benefit from the most precise location risk intelligence through this convenient tool.

Investments

SmartHop raises $30 million

By Avi Ben-Hutta ·

SmartHop offers insurance.

Investments

Ellevest raises $53 million

By Avi Ben-Hutta ·

Allianz Life participated in the round.

Investments

RenoFi raises $14 million

By Avi Ben-Hutta ·

CMFG Ventures participated in the round.

Investments

Climeworks raises $650 million

By Avi Ben-Hutta ·

Swiss Re participated in the round.

Strategy

Relm launches Relm II to focus on crypto businesses

By Coverager ·

Relm will be able to enhance its support for crypto businesses as a result of new, increased capacity.

Business

Ascot backs Coalition with long-term capacity

By Coverager ·

Coalition's other long-term capacity providers include Swiss Re, Lloyd's of London, Zurich and others.

Member News

Carrier and Agency Duties Under the DOL Fiduciary Rule

By AgentSync ·

If you sell insurance, you have historically had some kind of incentive structure beyond a commission. Yet, these rewards and incentives are an area of scrutiny for producers who may be selling annuities funded by retirement plans.

Member News

The last thing you read about insurtech was wrong—here’s why

By Foresight Insurance Press Office ·

The steam engine powering the disruption of the $6 trillion insurance sector is insurtech, representing only $4 billion in market size but growing at a rate of 50% year over year and comprising a tenth of the ever-increasing fintech pie.

Member News

Boost Insurance Appoints Jim Ermilio to its Board of Directors

By Boost Team ·

Boost Insurance today announced that Jim Ermilio has joined its board as an Independent Director. Ermilio brings more than two decades of experience leading insurance organizations, most recently as President of CoverWallet.

Investments

Future Family raises $25 million

By Avi Ben-Hutta ·

Munich Re Ventures led the round.

Business

RenaissanceRe launches new Casualty and Specialty joint venture

By Coverager ·

Fontana is regulated by the Bermuda Monetary Authority and is expected to be consolidated into RenaissanceRe’s financial statements.

Investments

Ghost Financial emerges from stealth with $2.5 million investment

By Avi Ben-Hutta ·

Ghost Financial is targeting ghost kitchens.

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Member News

From System of Record to System of Action: AI in the AMS

By Anupam Gupta, Applied Systems ·

Cytora and InformData Join Forces to Embed Verifiable People Data into Commercial Risk Processing

By Richard Hartley, Applied Systems ·

The MGA Talent Cliff Is Here. What's Your Plan?

By Vertafore ·

AI-Powered Workflows Inside Your Agency Management System

By Vertafore ·

InsurGrid Launches Intake-to-ACORD Workflow for Commercial Insurance Agencies

By InsurGrid Team, InsurGrid ·

Ivans Index Q2 2026 Results Released

By Michael Streit, Applied Systems ·

How AI is Transforming Insurance Research and Decision-Making

By Vertafore ·

EZLynx Partners with First Connect to Bring All-in-One AMS to Member Agents

By Rob Bourne, EZLynx ·

Dearborn Labs Announces Launchpad, an AI Insurance Accelerator That Funds and Builds AI Infrastructure for MGAs

By Alec Martins, Clearcover ·

Regulators Don’t Want an AI Policy. They Want Receipts.

By Yo Sub Kwon, Voltaire ·

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